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Condensed Consolidated Balance Sheets (L.P.) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Single-family properties: |  |
Land | $ 2,248,041 | $ 2,234,301
Buildings and improvements | 10,775,882 | 10,651,388
Single-family properties in operation | 13,023,923 | 12,885,689
Less: accumulated depreciation | (2,806,637) | (2,719,970)
Single-family properties in operation, net | 10,217,286 | 10,165,719
Single-family properties under development and development land | 1,359,339 | 1,409,424
Single-family properties and land held for sale, net | 229,431 | 182,082
Total real estate assets, net | 11,806,056 | 11,757,225
Cash and cash equivalents | 124,826 | 59,385
Restricted cash | 158,465 | 162,476
Rent and other receivables | 44,752 | 42,823
Escrow deposits, prepaid expenses and other assets | 392,147 | 406,138
Investments in unconsolidated joint ventures | 114,567 | 114,198
Goodwill | 120,279 | 120,279
Total assets | 12,761,092 | 12,688,190
Liabilities |  |
Revolving credit facility | 0 | 90,000
Asset-backed securitizations, net | 1,407,380 | 1,871,421
Unsecured senior notes, net | 3,095,733 | 2,500,226
Accounts payable and accrued expenses | 553,248 | 573,660
Total liabilities | 5,056,361 | 5,035,307
Commitments and contingencies (see Note 15) |  |
Limited partner: |  |
Accumulated other comprehensive income | 721 | 843
Total liabilities and equity/capital | 12,761,092 | 12,688,190
American Homes 4 Rent, L.P. |  |
Single-family properties: |  |
Land | 2,248,041 | 2,234,301
Buildings and improvements | 10,775,882 | 10,651,388
Single-family properties in operation | 13,023,923 | 12,885,689
Less: accumulated depreciation | (2,806,637) | (2,719,970)
Single-family properties in operation, net | 10,217,286 | 10,165,719
Single-family properties under development and development land | 1,359,339 | 1,409,424
Single-family properties and land held for sale, net | 229,431 | 182,082
Total real estate assets, net | 11,806,056 | 11,757,225
Cash and cash equivalents | 124,826 | 59,385
Restricted cash | 158,465 | 162,476
Rent and other receivables | 44,752 | 42,823
Escrow deposits, prepaid expenses and other assets | 392,147 | 406,138
Investments in unconsolidated joint ventures | 114,567 | 114,198
Goodwill | 120,279 | 120,279
Total assets | 12,761,092 | 12,688,190
Liabilities |  |
Revolving credit facility | 0 | 90,000
Asset-backed securitizations, net | 1,407,380 | 1,871,421
Unsecured senior notes, net | 3,095,733 | 2,500,226
Accounts payable and accrued expenses | 553,248 | 573,660
Total liabilities | 5,056,361 | 5,035,307
Commitments and contingencies (see Note 15) |  |
General partner: |  |
Common units (366,322,046 and 364,931,506 units issued and outstanding at March 31, 2024 and December 31, 2023, respectively) | 6,794,868 | 6,744,841
Preferred units (9,200,000 units issued and outstanding at March 31, 2024 and December 31, 2023) | 221,840 | 221,840
Limited partner: |  |
Common units (51,376,980 units issued and outstanding at March 31, 2024 and December 31, 2023) | 687,202 | 685,240
Accumulated other comprehensive income | 821 | 962
Total capital | 7,704,731 | 7,652,883
Total liabilities and equity/capital | 12,761,092 | 12,688,190
American Homes 4 Rent, L.P. | Affiliated Entity |  |
Single-family properties: |  |
Amounts due from affiliates | $ 0 | $ 25,666

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