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Condensed Consolidated Statements of Operations (L.P.) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Rents and other single-family property revenues $ 445,055 $ 421,697 $ 1,292,104 $ 1,214,948
Expenses:        
General and administrative expense 19,247 18,336 62,825 56,128
Interest expense 43,611 34,381 120,866 105,107
Acquisition and other transaction costs 2,605 3,399 8,866 12,650
Depreciation and amortization 119,691 114,863 353,020 340,779
Hurricane-related charges, net 3,904 0 3,904 0
Total expenses 393,062 368,805 1,122,666 1,063,577
Gain on sale and impairment of single-family properties and other, net 32,697 33,335 145,490 180,752
Loss on early extinguishment of debt (5,306) 0 (6,323) 0
Other income and expense, net 8,256 1,865 15,664 9,082
Net income 87,640 88,092 324,269 341,205
Preferred distributions 3,486 3,486 10,458 10,458
Net income attributable to common shareholders/unitholders 73,821 74,113 275,252 289,607
Property operating expenses        
Expenses:        
Cost of goods and services sold 172,031 167,041 477,428 456,662
Property management expenses        
Expenses:        
Cost of goods and services sold 31,973 30,785 95,757 92,251
American Homes 4 Rent, L.P.        
Rents and other single-family property revenues 445,055 421,697 1,292,104 1,214,948
Expenses:        
General and administrative expense 19,247 18,336 62,825 56,128
Interest expense 43,611 34,381 120,866 105,107
Acquisition and other transaction costs 2,605 3,399 8,866 12,650
Depreciation and amortization 119,691 114,863 353,020 340,779
Hurricane-related charges, net 3,904 0 3,904 0
Total expenses 393,062 368,805 1,122,666 1,063,577
Gain on sale and impairment of single-family properties and other, net 32,697 33,335 145,490 180,752
Loss on early extinguishment of debt (5,306) 0 (6,323) 0
Other income and expense, net 8,256 1,865 15,664 9,082
Net income 87,640 88,092 324,269 341,205
Preferred distributions 3,486 3,486 10,458 10,458
Net income attributable to common shareholders/unitholders $ 84,154 $ 84,606 $ 313,811 $ 330,747
Weighted-average common units outstanding:        
Basic (in shares) 418,358,446 413,803,253 418,134,349 413,042,416
Diluted (in shares) 418,977,616 414,301,912 418,671,959 413,498,108
Net income attributable to common unitholders per unit:        
Basic (in dollars per share) $ 0.20 $ 0.20 $ 0.75 $ 0.80
Diluted (in dollars per share) $ 0.20 $ 0.20 $ 0.75 $ 0.80
American Homes 4 Rent, L.P. | Property operating expenses        
Expenses:        
Cost of goods and services sold $ 172,031 $ 167,041 $ 477,428 $ 456,662
American Homes 4 Rent, L.P. | Property management expenses        
Expenses:        
Cost of goods and services sold $ 31,973 $ 30,785 $ 95,757 $ 92,251