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v3.22.2.2

Debt - Schedule of Debt (Details) - USD ($) | 3 Months Ended | 9 Months Ended |  |
--- | --- | --- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Jun. 30, 2022 | Dec. 31, 2021
Debt Instrument [Line Items] |  |  |  |  |  |
Total debt | $ 4,457,326,000 |  | $ 4,457,326,000 |  |  | $ 3,924,181,000
Unamortized discounts on unsecured senior notes | (36,877,000) |  | (36,877,000) |  |  | (15,561,000)
Deferred financing costs, net | (31,282,000) |  | (31,282,000) |  |  | (28,142,000)
Total debt per balance sheet | 4,389,167,000 |  | 4,389,167,000 |  |  | 3,880,478,000
Amortization of financing costs |  |  | 8,588,000 | $ 6,290,000 |  |
Asset-backed securitizations, unsecured senior notes and term loan facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Amortization of financing costs | 1,800,000 | $ 1,500,000 | 5,100,000 | $ 4,500,000 |  |
Secured Debt |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Total debt | $ 1,907,326,000 |  | $ 1,907,326,000 |  |  | 1,924,181,000
Secured Debt | AH4R 2014-SFR2 securitization |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.42% |  | 4.42% |  |  |
Total debt | $ 469,421,000 |  | $ 469,421,000 |  |  | 473,594,000
Secured Debt | AH4R 2014-SFR3 securitization |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.40% |  | 4.40% |  |  |
Total debt | $ 484,389,000 |  | $ 484,389,000 |  |  | 488,790,000
Secured Debt | AH4R 2015-SFR1 securitization |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.14% |  | 4.14% |  |  |
Total debt | $ 510,380,000 |  | $ 510,380,000 |  |  | 514,868,000
Secured Debt | AH4R 2015-SFR2 securitization |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.36% |  | 4.36% |  |  |
Total debt | $ 443,136,000 |  | $ 443,136,000 |  |  | 446,929,000
Senior Notes | 2028 unsecured senior notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.25% |  | 4.25% |  |  |
Effective interest rate | 4.08% |  | 4.08% |  |  |
Total debt | $ 500,000,000 |  | $ 500,000,000 |  |  | 500,000,000
Senior Notes | 2029 unsecured senior notes |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.90% |  | 4.90% |  |  |
Total debt | $ 400,000,000 |  | $ 400,000,000 |  |  | 400,000,000
Senior Notes | 2031 unsecured senior notes, net |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 2.38% |  | 2.38% |  |  |
Effective interest rate | 2.46% |  | 2.46% |  |  |
Total debt | $ 450,000,000 |  | $ 450,000,000 |  |  | 450,000,000
Senior Notes | 2032 unsecured senior notes, net |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 3.63% |  | 3.63% |  | 3.625% |
Total debt | $ 600,000,000 |  | $ 600,000,000 |  | $ 600,000,000 | 0
Senior Notes | 2051 unsecured senior notes, net |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 3.38% |  | 3.38% |  |  |
Total debt | $ 300,000,000 |  | $ 300,000,000 |  |  | 300,000,000
Senior Notes | 2052 unsecured senior notes, net |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.30% |  | 4.30% |  | 4.30% |
Total debt | $ 300,000,000 |  | $ 300,000,000 |  | $ 300,000,000 | 0
Line of Credit | Revolving Credit Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate | 4.04% |  | 4.04% |  |  |
Total debt | $ 0 |  | $ 0 |  |  | 350,000,000
Maximum borrowing capacity | 1,250,000,000 |  | 1,250,000,000 |  |  |
Outstanding letters of credit | $ 2,700,000 |  | $ 2,700,000 |  |  | $ 1,600,000
Line of Credit | Revolving Credit Facility | LIBOR |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate |  |  | 0.90% |  |  |

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