Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues:
Rental revenues	$ 55,128	$ 51,553	$ 109,456	$ 104,178
Total revenues	55,128	51,553	109,456	104,178
Expenses:
Residential property operating expenses	18,826	18,968	37,687	37,405
Property management expenses	3,627	3,538	7,798	7,213
Depreciation and amortization	20,242	19,936	40,608	42,321
Acquisition and integration costs	73	651	142	2,862
Impairment	654	1,576	889	2,596
Mortgage loan servicing costs	0	194	0	581
Interest expense	18,916	21,165	38,412	42,675
Share-based compensation	936	1,811	2,423	2,930
General and administrative	9,052	7,992	16,643	13,758
Management fees to AAMC	3,584	3,556	7,168	7,131
Total expenses	75,910	79,387	151,770	159,472
Net (loss) gain on real estate and mortgage loans	(163)	3,842	1,370	12,619
Operating loss	(20,945)	(23,992)	(40,944)	(42,675)
Casualty losses	(345)	(184)	(632)	(577)
Insurance recoveries	12	11	75	538
Other income (loss)	25,301	(846)	25,309	(797)
Net income (loss) before income taxes	4,023	(25,011)	(16,192)	(43,511)
Income tax expense	28	6	28	14
Net income (loss)	$ 3,995	$ (25,017)	$ (16,220)	$ (43,525)
Earnings (loss) per share of common stock - basic:
Earnings (loss) per basic share (usd per share)	$ 0.07	$ (0.47)	$ (0.29)	$ (0.81)
Weighted average common stock outstanding – basic (in shares)	56,272,446	53,714,998	55,107,940	53,672,835
Earnings (loss) per share of common stock - diluted:
Earnings (loss) per diluted share (usd per share)	$ 0.07	$ (0.47)	$ (0.29)	$ (0.81)
Weighted average common stock outstanding – diluted (in shares)	56,796,936	53,714,998	55,107,940	53,672,835
Dividends declared per common share (usd per share)	$ 0	$ 0.15	$ 0.15	$ 0.30