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Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real Estate [Line Items]    
Single-family properties in operation, net $ 10,217,286 $ 10,165,719
Development land 531,641 563,718
Single-family properties under development 827,698 845,706
Single-family properties and land held for sale, net 229,431 182,082
Total real estate assets, net 11,806,056 11,757,225
Occupied single-family properties    
Real Estate [Line Items]    
Single-family properties in operation, net 9,722,674 9,595,421
Single-family properties leased, not yet occupied    
Real Estate [Line Items]    
Single-family properties in operation, net 89,206 54,481
Single-family properties in turnover process    
Real Estate [Line Items]    
Single-family properties in operation, net 275,613 370,856
Single-family properties recently renovated or developed    
Real Estate [Line Items]    
Single-family properties in operation, net 128,177 140,962
Single-family properties newly acquired and under renovation    
Real Estate [Line Items]    
Single-family properties in operation, net 1,616 3,999
Single Family Homes    
Real Estate [Line Items]    
Total real estate assets, net $ 11,806,056 $ 11,757,225