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Consolidated Statements of Cash Flows (L.P.) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net income $ 310,025 $ 210,559 $ 154,829
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 426,531 372,848 343,153
Noncash amortization of deferred financing costs, debt discounts and cash flow hedging instruments 11,673 8,790 7,431
Noncash share-based compensation 27,308 17,792 9,834
Equity in net (income) losses of unconsolidated joint ventures (3,066) (1,610) 774
Return on investment from unconsolidated joint ventures 5,711 0 0
Gain on sale and impairment of single-family properties and other, net (136,459) (49,696) (38,773)
Other changes in operating assets and liabilities:      
Rent and other receivables (8,146) (4,885) (15,633)
Prepaid expenses and other assets (7,144) 465 2,652
Deferred leasing costs (2,586) (3,422) (4,070)
Accounts payable and accrued expenses 43,615 44,512 14,193
Amounts due from related parties (1,944) (153) (290)
Net cash provided by operating activities 665,518 595,200 474,100
Investing activities      
Cash paid for single-family properties (595,171) (850,071) (269,273)
Change in escrow deposits for purchase of single-family properties 20,431 (33,005) (374)
Net proceeds received from sales of single-family properties and other 292,509 132,072 228,566
Proceeds received from storm-related insurance claims 1,981 4,842 3,705
Proceeds from notes receivable related to the sale of properties 34,090 1,253 0
Investment in unconsolidated joint ventures (25,313) (29,260) (29,834)
Distributions from joint ventures 68,310 57,550 129,007
Renovations to single-family properties (98,019) (47,681) (16,968)
Recurring and other capital expenditures for single-family properties (138,779) (122,551) (104,819)
Cash paid for development activity (921,423) (824,247) (564,241)
Cash paid for deposits on land option contracts (14,548) 0 0
Other investing activities (49,570) (22,367) (18,694)
Net cash used for investing activities (1,425,502) (1,733,465) (642,925)
Financing activities      
Redemption of perpetual preferred shares (155,000) (498,750) 0
Proceeds from issuances under share-based compensation plans 4,935 4,225 7,011
Payments related to tax withholding for share-based compensation (4,812) (2,682) (1,651)
Payments on asset-backed securitizations (22,583) (24,311) (22,501)
Proceeds from unsecured senior notes, net of discount 876,813 737,195 0
Settlement of cash flow hedging instrument 0 (3,999) 0
Proceeds from liabilities related to consolidated land not owned 60,217 0 0
Distributions to common unitholders (252,506) (146,243) (61,067)
Distributions to preferred unitholders (17,081) (37,923) (55,128)
Deferred financing costs paid (8,225) (17,997) 0
Net cash provided by financing activities 786,177 1,064,955 269,783
Net increase (decrease) in cash, cash equivalents and restricted cash 26,193 (73,310) 100,958
Cash, cash equivalents and restricted cash, beginning of period (see Note 2) 191,767 265,077 164,119
Cash, cash equivalents and restricted cash, end of period (see Note 2) 217,960 191,767 265,077
Supplemental cash flow information      
Cash payments for interest, net of amounts capitalized (116,404) (95,790) (109,679)
Supplemental schedule of noncash investing and financing activities      
Accrued property renovations and development expenditures 71,069 45,392 36,544
Transfers of completed homebuilding deliveries to properties 502,207 395,937 322,024
Property and land contributions to unconsolidated joint ventures (35,843) (57,203) (132,439)
Property and land distributions from unconsolidated joint ventures 8,397 0 0
Noncash right-of-use assets obtained in exchange for operating lease liabilities 5,059 1,346 17,105
Accrued distributions to affiliates 404 0 4,834
Accrued distributions to non-affiliates 106 0 13,612
American Homes 4 Rent, L.P.      
Operating activities      
Net income 310,025 210,559 154,829
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 426,531 372,848 343,153
Noncash amortization of deferred financing costs, debt discounts and cash flow hedging instruments 11,673 8,790 7,431
Noncash share-based compensation 27,308 17,792 9,834
Equity in net (income) losses of unconsolidated joint ventures (3,066) (1,610) 774
Return on investment from unconsolidated joint ventures 5,711 0 0
Gain on sale and impairment of single-family properties and other, net (136,459) (49,696) (38,773)
Other changes in operating assets and liabilities:      
Rent and other receivables (8,146) (4,885) (15,633)
Prepaid expenses and other assets (7,144) 465 2,652
Deferred leasing costs (2,586) (3,422) (4,070)
Accounts payable and accrued expenses 43,615 44,512 14,193
Amounts due from related parties (1,944) (153) (290)
Net cash provided by operating activities 665,518 595,200 474,100
Investing activities      
Cash paid for single-family properties (595,171) (850,071) (269,273)
Change in escrow deposits for purchase of single-family properties 20,431 (33,005) (374)
Net proceeds received from sales of single-family properties and other 292,509 132,072 228,566
Proceeds received from storm-related insurance claims 1,981 4,842 3,705
Proceeds from notes receivable related to the sale of properties 34,090 1,253 0
Investment in unconsolidated joint ventures (25,313) (29,260) (29,834)
Distributions from joint ventures 68,310 57,550 129,007
Renovations to single-family properties (98,019) (47,681) (16,968)
Recurring and other capital expenditures for single-family properties (138,779) (122,551) (104,819)
Cash paid for development activity (921,423) (824,247) (564,241)
Cash paid for deposits on land option contracts (14,548) 0 0
Other investing activities (49,570) (22,367) (18,694)
Net cash used for investing activities (1,425,502) (1,733,465) (642,925)
Financing activities      
Redemption of perpetual preferred shares (155,000) (498,750) 0
Proceeds from issuances under share-based compensation plans 4,935 4,225 7,011
Payments related to tax withholding for share-based compensation (4,812) (2,682) (1,651)
Payments on asset-backed securitizations (22,583) (24,311) (22,501)
Proceeds from unsecured senior notes, net of discount 876,813 737,195 0
Settlement of cash flow hedging instrument 0 (3,999) 0
Proceeds from liabilities related to consolidated land not owned 60,217 0 0
Distributions to common unitholders (289,359) (169,413) (71,448)
Distributions to preferred unitholders (17,081) (37,923) (55,128)
Deferred financing costs paid (8,225) (17,997) 0
Net cash provided by financing activities 786,177 1,064,955 269,783
Net increase (decrease) in cash, cash equivalents and restricted cash 26,193 (73,310) 100,958
Cash, cash equivalents and restricted cash, beginning of period (see Note 2) 191,767 265,077 164,119
Cash, cash equivalents and restricted cash, end of period (see Note 2) 217,960 191,767 265,077
Supplemental cash flow information      
Cash payments for interest, net of amounts capitalized (116,404) (95,790) (109,679)
Supplemental schedule of noncash investing and financing activities      
Accrued property renovations and development expenditures 71,069 45,392 36,544
Transfers of completed homebuilding deliveries to properties 502,207 395,937 322,024
Property and land contributions to unconsolidated joint ventures (35,843) (57,203) (132,439)
Property and land distributions from unconsolidated joint ventures 8,397 0 0
Noncash right-of-use assets obtained in exchange for operating lease liabilities 5,059 1,346 17,105
Accrued distributions to affiliates 404 0 4,834
Accrued distributions to non-affiliates 106 0 13,612
Revolving Credit Facility      
Financing activities      
Proceeds from revolving credit facility 620,000 1,410,000 130,000
Payments on credit facility (840,000) (1,060,000) (130,000)
Revolving Credit Facility | American Homes 4 Rent, L.P.      
Financing activities      
Proceeds from revolving credit facility 620,000 1,410,000 130,000
Payments on credit facility (840,000) (1,060,000) (130,000)
Class A Common Units | American Homes 4 Rent, L.P.      
Financing activities      
Proceeds from issuance of Class A common units 561,472 728,810 414,100
Payments of Class A common unit issuance costs $ (200) $ (200) $ (600)