XML 50 R36.htm IDEA: XBRL DOCUMENT
v3.25.1

Real Estate Assets, Net (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Real Estate [Abstract] |
Summary of Single-Family Properties | The net book values of real estate assets consisted of the following as of March 31, 2025 and December 31, 2024 (amounts in thousands):
| March 31, 2025 |  | December 31, 2024
Occupied single-family properties | $ | 10,389,282 |  |  | $ | 10,174,136 |
Single-family properties leased, not yet occupied | 140,095 |  |  | 81,154 |
Single-family properties in turnover process | 296,898 |  |  | 397,850 |
Single-family properties recently renovated or developed | 103,079 |  |  | 226,199 |
Single-family properties newly acquired and under renovation | 3,606 |  |  | 1,260 |
Single-family properties in operation, net | 10,932,960 |  |  | 10,880,599 |
Development land | 579,290 |  |  | 602,147 |
Single-family properties under development | 674,672 |  |  | 670,137 |
Single-family properties and land held for sale, net | 247,375 |  |  | 212,808 |
Total real estate assets, net | $ | 12,434,297 |  |  | $ | 12,365,691 |

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration