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Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation
Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2022
(Amounts in thousands, except number of single-family homes)Initial Cost to CompanyCost Capitalized Subsequent to Acquisition
Total Cost
as of December 31, 2022 (1)
MarketNumber of Single-Family HomesGross Book Value of Encumbered AssetsLandBuildings and ImprovementsLandBuildings and ImprovementsLandBuildings and ImprovementsTotalAccumulated DepreciationNet Cost BasisDate of Acquisition
Single-family properties in operation
Albuquerque, NM271$— $9,987 $39,974 $— $6,122 $9,987 $46,096 $56,083 $(10,334)$45,749 2013-2022
Atlanta, GA5,805204,285 209,358 869,248 — 177,486 209,358 1,046,734 1,256,092 (213,205)1,042,887 2012-2022
Austin, TX77236,223 29,383 112,485 — 18,446 29,383 130,931 160,314 (33,120)127,194 2012-2022
Boise, ID8068,013 34,217 155,630 — 31,339 34,217 186,969 221,186 (21,929)199,257 2013-2022
Charleston, SC1,52484,115 67,492 237,371 — 40,793 67,492 278,164 345,656 (53,403)292,253 2012-2022
Charlotte, NC3,962316,302 153,613 586,546 — 97,054 153,613 683,600 837,213 (162,498)674,715 2012-2022
Cincinnati, OH2,131240,076 70,684 284,433 — 59,015 70,684 343,448 414,132 (99,134)314,998 2012-2022
Colorado Springs, CO106— 7,895 33,259 — 3,807 7,895 37,066 44,961 (2,208)42,753 2013-2022
Columbus, OH2,110145,698 65,116 272,162 — 60,014 65,116 332,176 397,292 (88,075)309,217 2012-2022
Dallas-Fort Worth, TX4,224287,739 111,823 511,853 — 111,999 111,823 623,852 735,675 (190,222)545,453 2012-2022
Denver, CO842— 47,993 187,797 — 26,766 47,993 214,563 262,556 (56,756)205,800 2012-2022
Greater Chicago area, IL and IN1,611167,260 50,926 199,847 — 53,479 50,926 253,326 304,252 (89,845)214,407 2012-2015
Greensboro, NC73154,095 22,075 99,702 — 15,854 22,075 115,556 137,631 (31,789)105,842 2013-2022
Greenville, SC77474,461 22,371 115,222 — 18,782 22,371 134,004 156,375 (32,982)123,393 2013-2022
Houston, TX2,642151,691 58,566 336,662 — 69,825 58,566 406,487 465,053 (119,288)345,765 2012-2022
Indianapolis, IN2,910303,038 83,631 334,909 — 80,853 83,631 415,762 499,393 (127,579)371,814 2012-2022
Inland Empire, CA44— 4,938 5,719 — 1,096 4,938 6,815 11,753 (1,914)9,839 2014-2016
Jacksonville, FL2,89162,509 99,360 421,766 — 81,727 99,360 503,493 602,853 (103,991)498,862 2012-2022
Knoxville, TN44917,855 16,286 81,245 — 10,323 16,286 91,568 107,854 (21,506)86,348 2013-2022
Las Vegas, NV1,85422,437 95,701 317,284 — 80,210 95,701 397,494 493,195 (62,376)430,819 2011-2022
Memphis, TN68817,374 24,166 89,211 — 17,767 24,166 106,978 131,144 (27,110)104,034 2013-2022
Miami, FL1793,485 2,129 20,817 — 5,303 2,129 26,120 28,249 (9,168)19,081 2013-2015
Milwaukee, WI94— 5,776 16,604 — 2,342 5,776 18,946 24,722 (6,673)18,049 2013
Nashville, TN3,238235,777 140,135 542,035 — 93,629 140,135 635,664 775,799 (142,443)633,356 2012-2022
Orlando, FL1,86747,245 70,966 255,720 — 52,376 70,966 308,096 379,062 (74,936)304,126 2011-2022
Phoenix, AZ3,40557,352 160,653 469,853 — 81,428 160,653 551,281 711,934 (123,539)588,395 2011-2022
Portland, OR18424,227 13,285 23,880 — 3,434 13,285 27,314 40,599 (7,281)33,318 2013-2022
Raleigh, NC2,177227,066 78,226 304,670 — 46,270 78,226 350,940 429,166 (94,873)334,293 2012-2022
Salt Lake City, UT1,908162,302 120,585 379,814 — 75,505 120,585 455,319 575,904 (86,876)489,028 2012-2022
San Antonio, TX1,32561,205 40,081 178,430 — 39,546 40,081 217,976 258,057 (46,527)211,530 2012-2022
Savannah/Hilton Head, SC1,04242,614 38,603 155,239 — 22,718 38,603 177,957 216,560 (35,227)181,333 2013-2022
Seattle, WA1,14128,558 91,501 251,741 — 26,701 91,501 278,442 369,943 (44,313)325,630 2012-2022
Tampa, FL2,72946,790 108,203 422,563 — 71,887 108,203 494,450 602,653 (112,530)490,123 2012-2022
Tucson, AZ59812,408 20,207 91,191 — 17,560 20,207 108,751 128,958 (20,340)108,618 2011-2022
Winston Salem, NC84444,262 21,302 104,549 — 17,004 21,302 121,553 142,855 (32,462)110,393 2013-2022
Total Single-family properties in operation57,8783,186,462 2,197,233 8,509,431 — 1,618,460 2,197,233 10,127,891 12,325,124 (2,386,452)9,938,672 2011-2022
Properties under development & development land— — 541,031 — 538,901 107,289 1,079,932 107,289 1,187,221 — 1,187,221 
Total Single-family properties held for sale1,115— 51,402 148,681 3,168 38,156 54,570 186,837 241,407 (42,691)198,716 2011-2021
Total real estate assets58,993$3,186,462 $2,789,666 $8,658,112 $542,069 $1,763,905 $3,331,735 $10,422,017 $13,753,752 $(2,429,143)$11,324,609 2011-2022
(1)The unaudited aggregate cost of consolidated real estate in the table above for federal income tax purposes was $13.9 billion as of December 31, 2022.
American Homes 4 Rent
American Homes 4 Rent, L.P.
Schedule III—Real Estate and Accumulated Depreciation as of December 31, 2022 (continued)

Change in Total Real Estate Assets for Single-Family Properties in Operation
 For the Years Ended December 31,
(Amounts in thousands)202220212020
Balance, beginning of period$11,320,426 $9,999,821 $9,448,381 
Acquisitions and building improvements1,325,231 1,426,921 689,566 
Dispositions(186,498)(95,997)(208,540)
Write-offs(36,614)(23,916)(20,843)
Impairment(2,499)(131)(1,957)
Reclassifications to single-family properties held for sale, net of dispositions(94,922)13,728 93,214 
Balance, end of period$12,325,124 $11,320,426 $9,999,821 

Change in Accumulated Depreciation for Single-Family Properties in Operation
 For the Years Ended December 31,
(Amounts in thousands)202220212020
Balance, beginning of period$(2,072,933)$(1,754,433)$(1,462,105)
Depreciation (1)
(410,413)(357,797)(330,192)
Dispositions37,453 14,990 29,433 
Write-offs36,614 23,916 20,843 
Reclassifications to single-family properties held for sale, net of dispositions22,827 391 (12,412)
Balance, end of period$(2,386,452)$(2,072,933)$(1,754,433)
(1)Depreciation of buildings and improvements is computed on a straight-line basis over estimated useful lives ranging from three to thirty years.