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Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($) $ in Thousands | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Real Estate [Line Items] |  |
Single-family properties in operation, net | $ 10,398,690 | $ 10,165,719
Development land | 573,566 | 563,718
Single-family properties under development | 631,806 | 845,706
Single-family properties and land held for sale, net | 218,969 | 182,082
Total real estate assets, net | 11,823,031 | 11,757,225
Occupied single-family properties |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 9,699,688 | 9,595,421
Single-family properties leased, not yet occupied |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 67,379 | 54,481
Single-family properties in turnover process |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 410,252 | 370,856
Single-family properties recently renovated or developed |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 217,509 | 140,962
Single-family properties newly acquired and under renovation |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 3,862 | 3,999
Single Family Homes |  |
Real Estate [Line Items] |  |
Total real estate assets, net | $ 11,823,031 | $ 11,757,225

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- Definition Amount of investment in land and building held for sale. Excludes real estate considered inventory. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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