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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 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 $ 128,713 108,534 $ 128,095 252,337 236,629
Noncontrolling interest 14,585   12,906   29,840 28,226
Dividends on preferred shares 3,486   3,486   6,972 6,972
Net income attributable to common shareholders $ 105,553   $ 92,142   $ 215,525 $ 201,431
Weighted-average common shares outstanding:            
Basic (in shares) 370,692,250   366,778,333   370,538,451 366,645,796
Diluted (in shares) 371,059,970   367,312,955   370,916,988 367,142,626
Net income attributable to common shareholders per share:            
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
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