XML 104 R85.htm IDEA: XBRL DOCUMENT v3.22.4
Schedule III - Real Estate and Accumulated Depreciation - Schedule of Properties (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
USD ($)
singleFamilyProperty
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 58,993      
Gross Book Value of Encumbered Assets $ 3,186,462      
Initial Cost to Company, Land 2,789,666      
Initial Cost to Company, Buildings and Improvements 8,658,112      
Cost Capitalized Subsequent to Acquisition, Land 542,069      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 1,763,905      
Total Cost, Land 3,331,735      
Total Cost, Buildings and Improvements 10,422,017      
Total 13,753,752      
Accumulated Depreciation (2,429,143)      
Net Cost Basis 11,324,609      
Aggregate cost of consolidated real estate for federal income tax purposes $ 13,900,000      
Total Single-family properties in operation        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 57,878      
Gross Book Value of Encumbered Assets $ 3,186,462      
Initial Cost to Company, Land 2,197,233      
Initial Cost to Company, Buildings and Improvements 8,509,431      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 1,618,460      
Total Cost, Land 2,197,233      
Total Cost, Buildings and Improvements 10,127,891      
Total 12,325,124 $ 11,320,426 $ 9,999,821 $ 9,448,381
Accumulated Depreciation (2,386,452) $ (2,072,933) $ (1,754,433) $ (1,462,105)
Net Cost Basis $ 9,938,672      
Total Single-family properties in operation | Albuquerque, NM        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 271      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 9,987      
Initial Cost to Company, Buildings and Improvements 39,974      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 6,122      
Total Cost, Land 9,987      
Total Cost, Buildings and Improvements 46,096      
Total 56,083      
Accumulated Depreciation (10,334)      
Net Cost Basis $ 45,749      
Total Single-family properties in operation | Atlanta, GA        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 5,805      
Gross Book Value of Encumbered Assets $ 204,285      
Initial Cost to Company, Land 209,358      
Initial Cost to Company, Buildings and Improvements 869,248      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 177,486      
Total Cost, Land 209,358      
Total Cost, Buildings and Improvements 1,046,734      
Total 1,256,092      
Accumulated Depreciation (213,205)      
Net Cost Basis $ 1,042,887      
Total Single-family properties in operation | Austin, TX        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 772      
Gross Book Value of Encumbered Assets $ 36,223      
Initial Cost to Company, Land 29,383      
Initial Cost to Company, Buildings and Improvements 112,485      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 18,446      
Total Cost, Land 29,383      
Total Cost, Buildings and Improvements 130,931      
Total 160,314      
Accumulated Depreciation (33,120)      
Net Cost Basis $ 127,194      
Total Single-family properties in operation | Boise, ID        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 806      
Gross Book Value of Encumbered Assets $ 8,013      
Initial Cost to Company, Land 34,217      
Initial Cost to Company, Buildings and Improvements 155,630      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 31,339      
Total Cost, Land 34,217      
Total Cost, Buildings and Improvements 186,969      
Total 221,186      
Accumulated Depreciation (21,929)      
Net Cost Basis $ 199,257      
Total Single-family properties in operation | Charleston, SC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,524      
Gross Book Value of Encumbered Assets $ 84,115      
Initial Cost to Company, Land 67,492      
Initial Cost to Company, Buildings and Improvements 237,371      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 40,793      
Total Cost, Land 67,492      
Total Cost, Buildings and Improvements 278,164      
Total 345,656      
Accumulated Depreciation (53,403)      
Net Cost Basis $ 292,253      
Total Single-family properties in operation | Charlotte, NC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 3,962      
Gross Book Value of Encumbered Assets $ 316,302      
Initial Cost to Company, Land 153,613      
Initial Cost to Company, Buildings and Improvements 586,546      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 97,054      
Total Cost, Land 153,613      
Total Cost, Buildings and Improvements 683,600      
Total 837,213      
Accumulated Depreciation (162,498)      
Net Cost Basis $ 674,715      
Total Single-family properties in operation | Cincinnati, OH        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,131      
Gross Book Value of Encumbered Assets $ 240,076      
Initial Cost to Company, Land 70,684      
Initial Cost to Company, Buildings and Improvements 284,433      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 59,015      
Total Cost, Land 70,684      
Total Cost, Buildings and Improvements 343,448      
Total 414,132      
Accumulated Depreciation (99,134)      
Net Cost Basis $ 314,998      
Total Single-family properties in operation | Colorado Springs, CO        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 106      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 7,895      
Initial Cost to Company, Buildings and Improvements 33,259      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 3,807      
Total Cost, Land 7,895      
Total Cost, Buildings and Improvements 37,066      
Total 44,961      
Accumulated Depreciation (2,208)      
Net Cost Basis $ 42,753      
Total Single-family properties in operation | Columbus, OH        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,110      
Gross Book Value of Encumbered Assets $ 145,698      
Initial Cost to Company, Land 65,116      
Initial Cost to Company, Buildings and Improvements 272,162      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 60,014      
Total Cost, Land 65,116      
Total Cost, Buildings and Improvements 332,176      
Total 397,292      
Accumulated Depreciation (88,075)      
Net Cost Basis $ 309,217      
Total Single-family properties in operation | Dallas-Fort Worth, TX        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 4,224      
Gross Book Value of Encumbered Assets $ 287,739      
Initial Cost to Company, Land 111,823      
Initial Cost to Company, Buildings and Improvements 511,853      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 111,999      
Total Cost, Land 111,823      
Total Cost, Buildings and Improvements 623,852      
Total 735,675      
Accumulated Depreciation (190,222)      
Net Cost Basis $ 545,453      
Total Single-family properties in operation | Denver, CO        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 842      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 47,993      
Initial Cost to Company, Buildings and Improvements 187,797      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 26,766      
Total Cost, Land 47,993      
Total Cost, Buildings and Improvements 214,563      
Total 262,556      
Accumulated Depreciation (56,756)      
Net Cost Basis $ 205,800      
Total Single-family properties in operation | Greater Chicago area, IL and IN        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,611      
Gross Book Value of Encumbered Assets $ 167,260      
Initial Cost to Company, Land 50,926      
Initial Cost to Company, Buildings and Improvements 199,847      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 53,479      
Total Cost, Land 50,926      
Total Cost, Buildings and Improvements 253,326      
Total 304,252      
Accumulated Depreciation (89,845)      
Net Cost Basis $ 214,407      
Total Single-family properties in operation | Greensboro, NC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 731      
Gross Book Value of Encumbered Assets $ 54,095      
Initial Cost to Company, Land 22,075      
Initial Cost to Company, Buildings and Improvements 99,702      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 15,854      
Total Cost, Land 22,075      
Total Cost, Buildings and Improvements 115,556      
Total 137,631      
Accumulated Depreciation (31,789)      
Net Cost Basis $ 105,842      
Total Single-family properties in operation | Greenville, SC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 774      
Gross Book Value of Encumbered Assets $ 74,461      
Initial Cost to Company, Land 22,371      
Initial Cost to Company, Buildings and Improvements 115,222      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 18,782      
Total Cost, Land 22,371      
Total Cost, Buildings and Improvements 134,004      
Total 156,375      
Accumulated Depreciation (32,982)      
Net Cost Basis $ 123,393      
Total Single-family properties in operation | Houston, TX        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,642      
Gross Book Value of Encumbered Assets $ 151,691      
Initial Cost to Company, Land 58,566      
Initial Cost to Company, Buildings and Improvements 336,662      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 69,825      
Total Cost, Land 58,566      
Total Cost, Buildings and Improvements 406,487      
Total 465,053      
Accumulated Depreciation (119,288)      
Net Cost Basis $ 345,765      
Total Single-family properties in operation | Indianapolis, IN        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,910      
Gross Book Value of Encumbered Assets $ 303,038      
Initial Cost to Company, Land 83,631      
Initial Cost to Company, Buildings and Improvements 334,909      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 80,853      
Total Cost, Land 83,631      
Total Cost, Buildings and Improvements 415,762      
Total 499,393      
Accumulated Depreciation (127,579)      
Net Cost Basis $ 371,814      
Total Single-family properties in operation | Inland Empire, CA        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 44      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 4,938      
Initial Cost to Company, Buildings and Improvements 5,719      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 1,096      
Total Cost, Land 4,938      
Total Cost, Buildings and Improvements 6,815      
Total 11,753      
Accumulated Depreciation (1,914)      
Net Cost Basis $ 9,839      
Total Single-family properties in operation | Jacksonville, FL        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,891      
Gross Book Value of Encumbered Assets $ 62,509      
Initial Cost to Company, Land 99,360      
Initial Cost to Company, Buildings and Improvements 421,766      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 81,727      
Total Cost, Land 99,360      
Total Cost, Buildings and Improvements 503,493      
Total 602,853      
Accumulated Depreciation (103,991)      
Net Cost Basis $ 498,862      
Total Single-family properties in operation | Knoxville, TN        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 449      
Gross Book Value of Encumbered Assets $ 17,855      
Initial Cost to Company, Land 16,286      
Initial Cost to Company, Buildings and Improvements 81,245      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 10,323      
Total Cost, Land 16,286      
Total Cost, Buildings and Improvements 91,568      
Total 107,854      
Accumulated Depreciation (21,506)      
Net Cost Basis $ 86,348      
Total Single-family properties in operation | Las Vegas, NV        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,854      
Gross Book Value of Encumbered Assets $ 22,437      
Initial Cost to Company, Land 95,701      
Initial Cost to Company, Buildings and Improvements 317,284      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 80,210      
Total Cost, Land 95,701      
Total Cost, Buildings and Improvements 397,494      
Total 493,195      
Accumulated Depreciation (62,376)      
Net Cost Basis $ 430,819      
Total Single-family properties in operation | Memphis, TN        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 688      
Gross Book Value of Encumbered Assets $ 17,374      
Initial Cost to Company, Land 24,166      
Initial Cost to Company, Buildings and Improvements 89,211      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 17,767      
Total Cost, Land 24,166      
Total Cost, Buildings and Improvements 106,978      
Total 131,144      
Accumulated Depreciation (27,110)      
Net Cost Basis $ 104,034      
Total Single-family properties in operation | Miami, FL        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 179      
Gross Book Value of Encumbered Assets $ 3,485      
Initial Cost to Company, Land 2,129      
Initial Cost to Company, Buildings and Improvements 20,817      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 5,303      
Total Cost, Land 2,129      
Total Cost, Buildings and Improvements 26,120      
Total 28,249      
Accumulated Depreciation (9,168)      
Net Cost Basis $ 19,081      
Total Single-family properties in operation | Milwaukee, WI        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 94      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 5,776      
Initial Cost to Company, Buildings and Improvements 16,604      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 2,342      
Total Cost, Land 5,776      
Total Cost, Buildings and Improvements 18,946      
Total 24,722      
Accumulated Depreciation (6,673)      
Net Cost Basis $ 18,049      
Total Single-family properties in operation | Nashville, TN        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 3,238      
Gross Book Value of Encumbered Assets $ 235,777      
Initial Cost to Company, Land 140,135      
Initial Cost to Company, Buildings and Improvements 542,035      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 93,629      
Total Cost, Land 140,135      
Total Cost, Buildings and Improvements 635,664      
Total 775,799      
Accumulated Depreciation (142,443)      
Net Cost Basis $ 633,356      
Total Single-family properties in operation | Orlando, FL        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,867      
Gross Book Value of Encumbered Assets $ 47,245      
Initial Cost to Company, Land 70,966      
Initial Cost to Company, Buildings and Improvements 255,720      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 52,376      
Total Cost, Land 70,966      
Total Cost, Buildings and Improvements 308,096      
Total 379,062      
Accumulated Depreciation (74,936)      
Net Cost Basis $ 304,126      
Total Single-family properties in operation | Phoenix, AZ        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 3,405      
Gross Book Value of Encumbered Assets $ 57,352      
Initial Cost to Company, Land 160,653      
Initial Cost to Company, Buildings and Improvements 469,853      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 81,428      
Total Cost, Land 160,653      
Total Cost, Buildings and Improvements 551,281      
Total 711,934      
Accumulated Depreciation (123,539)      
Net Cost Basis $ 588,395      
Total Single-family properties in operation | Portland, OR        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 184      
Gross Book Value of Encumbered Assets $ 24,227      
Initial Cost to Company, Land 13,285      
Initial Cost to Company, Buildings and Improvements 23,880      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 3,434      
Total Cost, Land 13,285      
Total Cost, Buildings and Improvements 27,314      
Total 40,599      
Accumulated Depreciation (7,281)      
Net Cost Basis $ 33,318      
Total Single-family properties in operation | Raleigh, NC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,177      
Gross Book Value of Encumbered Assets $ 227,066      
Initial Cost to Company, Land 78,226      
Initial Cost to Company, Buildings and Improvements 304,670      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 46,270      
Total Cost, Land 78,226      
Total Cost, Buildings and Improvements 350,940      
Total 429,166      
Accumulated Depreciation (94,873)      
Net Cost Basis $ 334,293      
Total Single-family properties in operation | Salt Lake City, UT        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,908      
Gross Book Value of Encumbered Assets $ 162,302      
Initial Cost to Company, Land 120,585      
Initial Cost to Company, Buildings and Improvements 379,814      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 75,505      
Total Cost, Land 120,585      
Total Cost, Buildings and Improvements 455,319      
Total 575,904      
Accumulated Depreciation (86,876)      
Net Cost Basis $ 489,028      
Total Single-family properties in operation | San Antonio, TX        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,325      
Gross Book Value of Encumbered Assets $ 61,205      
Initial Cost to Company, Land 40,081      
Initial Cost to Company, Buildings and Improvements 178,430      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 39,546      
Total Cost, Land 40,081      
Total Cost, Buildings and Improvements 217,976      
Total 258,057      
Accumulated Depreciation (46,527)      
Net Cost Basis $ 211,530      
Total Single-family properties in operation | Savannah/Hilton Head, SC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,042      
Gross Book Value of Encumbered Assets $ 42,614      
Initial Cost to Company, Land 38,603      
Initial Cost to Company, Buildings and Improvements 155,239      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 22,718      
Total Cost, Land 38,603      
Total Cost, Buildings and Improvements 177,957      
Total 216,560      
Accumulated Depreciation (35,227)      
Net Cost Basis $ 181,333      
Total Single-family properties in operation | Seattle, WA        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,141      
Gross Book Value of Encumbered Assets $ 28,558      
Initial Cost to Company, Land 91,501      
Initial Cost to Company, Buildings and Improvements 251,741      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 26,701      
Total Cost, Land 91,501      
Total Cost, Buildings and Improvements 278,442      
Total 369,943      
Accumulated Depreciation (44,313)      
Net Cost Basis $ 325,630      
Total Single-family properties in operation | Tampa, FL        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 2,729      
Gross Book Value of Encumbered Assets $ 46,790      
Initial Cost to Company, Land 108,203      
Initial Cost to Company, Buildings and Improvements 422,563      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 71,887      
Total Cost, Land 108,203      
Total Cost, Buildings and Improvements 494,450      
Total 602,653      
Accumulated Depreciation (112,530)      
Net Cost Basis $ 490,123      
Total Single-family properties in operation | Tucson, AZ        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 598      
Gross Book Value of Encumbered Assets $ 12,408      
Initial Cost to Company, Land 20,207      
Initial Cost to Company, Buildings and Improvements 91,191      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 17,560      
Total Cost, Land 20,207      
Total Cost, Buildings and Improvements 108,751      
Total 128,958      
Accumulated Depreciation (20,340)      
Net Cost Basis $ 108,618      
Total Single-family properties in operation | Winston Salem, NC        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 844      
Gross Book Value of Encumbered Assets $ 44,262      
Initial Cost to Company, Land 21,302      
Initial Cost to Company, Buildings and Improvements 104,549      
Cost Capitalized Subsequent to Acquisition, Land 0      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 17,004      
Total Cost, Land 21,302      
Total Cost, Buildings and Improvements 121,553      
Total 142,855      
Accumulated Depreciation (32,462)      
Net Cost Basis $ 110,393      
Properties under development & development land        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 0      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 541,031      
Initial Cost to Company, Buildings and Improvements 0      
Cost Capitalized Subsequent to Acquisition, Land 538,901      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 107,289      
Total Cost, Land 1,079,932      
Total Cost, Buildings and Improvements 107,289      
Total 1,187,221      
Accumulated Depreciation 0      
Net Cost Basis $ 1,187,221      
Total Single-family properties held for sale        
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | singleFamilyProperty 1,115      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 51,402      
Initial Cost to Company, Buildings and Improvements 148,681      
Cost Capitalized Subsequent to Acquisition, Land 3,168      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 38,156      
Total Cost, Land 54,570      
Total Cost, Buildings and Improvements 186,837      
Total 241,407      
Accumulated Depreciation (42,691)      
Net Cost Basis $ 198,716