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v3.25.1

Segment Reporting - Schedule of Segment Reporting (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Rents and other single-family property revenues | $ 459,276 | $ 423,555
Noncash share-based compensation | 7,661 | 9,925
General and administrative expense | 19,671 | 21,885
Acquisition and other transaction costs | 3,061 | 3,324
Depreciation and amortization | 124,928 | 115,726
Loss on early extinguishment of debt | (216) | (954)
Gain on sale and impairment of single-family properties and other, net | 62,016 | 68,901
Net income | 128,713 | 128,095
Reportable Segment |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Core revenues | 395,415 | 366,218
Cost of goods and services sold | 167,530 | 155,927
Total core property operating expenses | 136,604 | 128,548
Core NOI | 258,811 | 237,670
Tenant charge-backs | 63,861 | 57,337
Rents and other single-family property revenues | 459,276 | 423,555
Noncash share-based compensation | (1,246) | (1,444)
General and administrative expense | (19,671) | (21,885)
Interest expense | (45,426) | (38,577)
Acquisition and other transaction costs | (3,061) | (3,324)
Depreciation and amortization | (124,928) | (115,726)
Loss on early extinguishment of debt | (216) | (954)
Gain on sale and impairment of single-family properties and other, net | 62,016 | 68,901
Other income and expense, net | 2,434 | 3,434
Net income | 128,713 | 128,095
Reportable Segment | Property tax expense |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Cost of goods and services sold | 66,940 | 64,588
Reportable Segment | HOA fees |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Cost of goods and services sold | 6,814 | 6,314
Reportable Segment | Repairs and maintenance and turnover costs, net of tenant charge-backs |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Cost of goods and services sold | 27,281 | 24,846
Reportable Segment | Insurance |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Cost of goods and services sold | 4,931 | 4,777
Reportable Segment | Property management expenses, net of tenant charge-backs and excluding share-based compensation |  |
Segment Reporting, Revenue Reconciling Item [Line Items] |  |
Cost of goods and services sold | $ 30,638 | $ 28,023

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