XML 38 R27.htm IDEA: XBRL DOCUMENT v3.22.2.2
Investments in SFR Properties (Tables)
6 Months Ended
Jun. 30, 2022
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Summary of Net Carrying Amount of SFR Properties The following table summarizes the Company’s net carrying amount of its SFR properties by component as of June 30, 2022:

 

 

 

Single-family Residential Real Estate

 

 

Single-family Residential Real Estate Held-for-Sale

 

 

Total

 

Land

 

$

11,423

 

 

$

18,913

 

 

$

30,336

 

Buildings and improvements

 

 

57,093

 

 

 

95,354

 

 

 

152,447

 

Investments in single-family residential real estate, at cost

 

 

68,516

 

 

 

114,267

 

 

 

182,783

 

Less: accumulated depreciation

 

 

(326

)

 

 

(1,288

)

 

 

(1,614

)

Investments in single-family residential real estate, net

 

$

68,190

 

 

$

112,979

 

 

$

181,169

 

 

The following table summarizes the Company’s net carrying amount of its SFR properties by component as of December 31, 2021:

 

 

 

Single-family Residential Real Estate

 

 

Single-family Residential Real Estate Held-for-Sale

 

 

Total

 

Land

 

$

10,128

 

 

$

—

 

 

$

10,128

 

Buildings and improvements

 

 

51,060

 

 

 

—

 

 

 

51,060

 

Investments in single-family residential real estate, at cost

 

 

61,188

 

 

 

—

 

 

 

61,188

 

Less: accumulated depreciation

 

 

(299

)

 

 

—

 

 

 

(299

)

Investments in single-family residential real estate, net

 

$

60,889

 

 

$

—

 

 

$

60,889