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Condensed Consolidated Statements of Operations (L.P.) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Rents and other single-family property revenues $ 457,503 $ 423,494 $ 916,779 $ 847,049
Expenses:        
General and administrative expense 20,008 21,693 39,679 43,578
Interest expense 46,303 38,678 91,729 77,255
Acquisition and other transaction costs 2,655 2,937 5,716 6,261
Depreciation and amortization 126,939 117,603 251,867 233,329
Total expenses 390,406 362,763 785,203 729,604
Gain on sale and impairment of single-family properties and other, net 51,908 43,892 113,924 112,793
Loss on early extinguishment of debt 0 (63) (216) (1,017)
Other income and expense, net 4,619 3,974 7,053 7,408
Net income 123,624 108,534 252,337 236,629
Preferred distributions 3,486 3,486 6,972 6,972
Net income attributable to common shareholders 105,553 92,142 215,525 201,431
Property operating expenses        
Expenses:        
Cost of goods and services sold 160,089 149,470 327,619 305,397
Property management expenses        
Expenses:        
Cost of goods and services sold 34,412 32,382 68,593 63,784
American Homes 4 Rent, L.P.        
Rents and other single-family property revenues 457,503 423,494 916,779 847,049
Expenses:        
General and administrative expense 20,008 21,693 39,679 43,578
Interest expense 46,303 38,678 91,729 77,255
Acquisition and other transaction costs 2,655 2,937 5,716 6,261
Depreciation and amortization 126,939 117,603 251,867 233,329
Total expenses 390,406 362,763 785,203 729,604
Gain on sale and impairment of single-family properties and other, net 51,908 43,892 113,924 112,793
Loss on early extinguishment of debt 0 (63) (216) (1,017)
Other income and expense, net 4,619 3,974 7,053 7,408
Net income 123,624 108,534 252,337 236,629
Preferred distributions 3,486 3,486 6,972 6,972
Net income attributable to common shareholders $ 120,138 $ 105,048 $ 245,365 $ 229,657
Weighted-average common units outstanding:        
Basic (in shares) 421,920,878 418,155,313 421,840,845 418,022,776
Diluted (in shares) 422,288,598 418,689,935 422,219,382 418,519,606
Net income attributable to common unitholders per unit:        
Basic (in dollars per share) $ 0.28 $ 0.25 $ 0.58 $ 0.55
Diluted (in dollars per share) $ 0.28 $ 0.25 $ 0.58 $ 0.55
American Homes 4 Rent, L.P. | Property operating expenses        
Expenses:        
Cost of goods and services sold $ 160,089 $ 149,470 $ 327,619 $ 305,397
American Homes 4 Rent, L.P. | Property management expenses        
Expenses:        
Cost of goods and services sold $ 34,412 $ 32,382 $ 68,593 $ 63,784