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Debt - Narrative (Details)
3 Months Ended 12 Months Ended
Jun. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
debtInstrumentExtensionOption
Mar. 31, 2019
USD ($)
Mar. 31, 2018
USD ($)
Sep. 30, 2015
USD ($)
singleFamilyProperty
Mar. 31, 2015
USD ($)
property
Dec. 31, 2014
USD ($)
property
Sep. 30, 2014
USD ($)
property
Dec. 31, 2022
USD ($)
singleFamilyProperty
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
Debt Instrument [Line Items]                          
Loan payoff amount                   $ 22,583,000 $ 24,311,000 $ 22,501,000  
Proceeds from unsecured senior notes, net of discount                   876,813,000 737,195,000 $ 0  
Deferred financing costs, net                   $ 29,531,000 $ 28,142,000    
Single Family Homes                          
Debt Instrument [Line Items]                          
Number of properties | singleFamilyProperty                   58,993      
2032 unsecured senior notes, net                          
Debt Instrument [Line Items]                          
Redeemable percentage of debt 100.00%                        
2052 unsecured senior notes, net                          
Debt Instrument [Line Items]                          
Redeemable percentage of debt 100.00%                        
Secured Debt                          
Debt Instrument [Line Items]                          
Minimum coverage ratio                   1.20      
Secured Debt | Asset Backed Securitizations September 2014 Securitization | Single Family Homes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount                 $ 513,300,000        
Debt instrument term                 10 years        
Weighted-average interest rate                 4.42%        
Number of properties | property                 4,487        
Loan payoff amount                 $ 25,700,000        
Proceeds from asset-backed securitizations                 487,700,000        
Debt issuance cost                 $ 12,900,000        
Secured Debt | Asset Backed Securitizations November 2014 Securitization | Single Family Homes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount               $ 528,400,000          
Debt instrument term               10 years          
Weighted-average interest rate               4.40%          
Number of properties | property               4,503          
Proceeds from asset-backed securitizations               $ 528,400,000          
Debt issuance cost               $ 12,900,000          
Secured Debt | Asset Backed Securitizations March 2015 Securitization | Single Family Homes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount             $ 552,800,000            
Debt instrument term             30 years            
Weighted-average interest rate             4.14%            
Number of properties | property             4,661            
Proceeds from asset-backed securitizations             $ 552,800,000            
Debt issuance cost             $ 13,300,000            
Secured Debt | Asset Backed Securitizations September 2015 Securitization | Single Family Homes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount           $ 477,700,000              
Debt instrument term           30 years              
Weighted-average interest rate           4.36%              
Number of properties | singleFamilyProperty           4,125              
Proceeds from asset-backed securitizations           $ 477,700,000              
Debt issuance cost           $ 11,300,000              
Senior notes | 2031 unsecured senior notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount   $ 450,000,000                      
Interest rate   2.375%               2.38%      
Redeemable percentage of debt   100.00%                      
Effective interest rate   2.46%               2.46%      
Senior notes | 2051 unsecured senior notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount   $ 300,000,000                      
Interest rate   3.375%               3.38%      
Redeemable percentage of debt   100.00%                      
Senior notes | Senior Unsecured Notes                          
Debt Instrument [Line Items]                          
Proceeds from unsecured senior notes, net of discount $ 870,300,000 $ 731,600,000                      
Underwriting fees 6,500,000 5,600,000                      
Unamortized discount on debt 23,200,000 12,800,000                      
Deferred financing costs, net 1,700,000 $ 1,400,000                      
Senior notes | 2029 unsecured senior notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount       $ 400,000,000                  
Interest rate       4.90%           4.90%      
Proceeds from unsecured senior notes, net of discount       $ 395,300,000                  
Underwriting fees       2,600,000                  
Unamortized discount on debt       2,100,000                  
Deferred financing costs, net       $ 1,000,000                  
Redeemable percentage of debt       100.00%                  
Senior notes | 2028 unsecured senior notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount         $ 500,000,000                
Interest rate         4.25%         4.25%      
Proceeds from unsecured senior notes, net of discount         $ 494,000,000                
Underwriting fees         3,200,000                
Unamortized discount on debt         2,800,000                
Deferred financing costs, net         $ 1,900,000                
Redeemable percentage of debt         100.00%                
Effective interest rate         4.08%         4.08%      
Senior notes | 2032 unsecured senior notes, net                          
Debt Instrument [Line Items]                          
Debt instrument, face amount $ 600,000,000                        
Interest rate 3.625%                 3.63%      
Senior notes | 2052 unsecured senior notes, net                          
Debt Instrument [Line Items]                          
Debt instrument, face amount $ 300,000,000                        
Interest rate 4.30%                 4.30%      
Line of Credit | Revolving Credit Facility                          
Debt Instrument [Line Items]                          
Interest rate                   5.29%      
Credit facility maximum borrowing capacity     $ 1,250,000,000             $ 1,250,000,000     $ 800,000,000
Number of debt instrument extension options | debtInstrumentExtensionOption     2                    
Line of credit extension period     6 months                    
Line of Credit | Revolving Credit Facility | LIBOR                          
Debt Instrument [Line Items]                          
Basis spread on variable rate                   0.90%      
Debt instrument, basis spread on base rate     1.00%                    
Line of Credit | Revolving Credit Facility | Fed Funds Effective Rate Overnight Index Swap Rate                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on base rate     0.50%                    
Line of Credit | Revolving Credit Facility | Minimum                          
Debt Instrument [Line Items]                          
Commitment fee                   0.125%      
Line of Credit | Revolving Credit Facility | Minimum | LIBOR                          
Debt Instrument [Line Items]                          
Basis spread on variable rate     0.725%                    
Line of Credit | Revolving Credit Facility | Minimum | Base Rate                          
Debt Instrument [Line Items]                          
Basis spread on variable rate     0.00%                    
Line of Credit | Revolving Credit Facility | Maximum                          
Debt Instrument [Line Items]                          
Commitment fee                   0.30%      
Line of Credit | Revolving Credit Facility | Maximum | LIBOR                          
Debt Instrument [Line Items]                          
Basis spread on variable rate     1.45%                    
Line of Credit | Revolving Credit Facility | Maximum | Base Rate                          
Debt Instrument [Line Items]                          
Basis spread on variable rate     0.45%