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Debt (Tables)
 6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Summary of Debt

Debt consists of the following:

 

     As of June 30, 2013     As of 
December 31, 2012		  
     Outstanding
Balance		      Annualized
Weighted
Average
Interest Rate		     Outstanding
Balance		      Annualized
Weighted
Average
Interest Rate		  

AMH Credit Agreement

    $ 728,273         4.02 %    $ 728,273         4.95 % (1) 

CIT secured loan agreements

      —           —          9,545         3.47   
  

 

 

       

 

 

     

Total Debt

    $ 728,273         4.02 %    $ 737,818         4.93 % 
  

 

 

       

 

 

     

 

(1) Includes the effect of interest rate swaps.