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Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024
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Real Estate [Line Items] |  |
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
Occupied single-family properties |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 10,389,282 | 10,174,136
Single-family properties leased, not yet occupied |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 140,095 | 81,154
Single-family properties in turnover process |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 296,898 | 397,850
Single-family properties recently renovated or developed |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 103,079 | 226,199
Single-family properties newly acquired and under renovation |  |
Real Estate [Line Items] |  |
Single-family properties in operation, net | 3,606 | 1,260
Single Family Homes |  |
Real Estate [Line Items] |  |
Total real estate assets, net | $ 12,434,297 | $ 12,365,691

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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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