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Related-Party Transactions - Former AMA with AAMC Narrative (Details)
Apr. 01, 2015
property
extension
Sep. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Related Party Transaction [Line Items]      
Payable to AAMC | $   $ 34,967,000 $ 5,014,000
AAMC | Affiliated entity      
Related Party Transaction [Line Items]      
Base management fee, percent of qualified average invested capital 1.50%    
Conversion fee, percent of market value of new rental properties 1.50%    
Period in fiscal years return on invested equity capital evaluated for termination of agreement 2 years    
AAMC | Affiliated entity | Asset management fee, threshold one      
Related Party Transaction [Line Items]      
Base management fee, percent of qualified average invested capital 25.00%    
Incentive management fee, percent of invested capital in excess of threshold 20.00%    
AAMC | Affiliated entity | Asset management fee, threshold two      
Related Party Transaction [Line Items]      
Base management fee, percent of qualified average invested capital 1.75%    
Base management fee, number of rental properties floor 2,500    
Base management fee, number of rental properties cap 4,499    
Incentive management fee, percent of invested capital in excess of threshold 22.50%    
Incentive management fee, number of rental properties, floor 2,500    
Incentive management fee, number of rental properties cap 4,499    
AAMC | Affiliated entity | Asset management fee, threshold three      
Related Party Transaction [Line Items]      
Base management fee, percent of qualified average invested capital 2.00%    
Base management fee, number of rental properties floor 4,500    
Incentive management fee, percent of invested capital in excess of threshold 25.00%    
Incentive management fee, number of rental properties, floor 4,500    
AAMC | Affiliated entity | Management incentive fees      
Related Party Transaction [Line Items]      
Payable to AAMC | $   $ 0  
AAMC | Affiliated entity | Asset Management Agreement      
Related Party Transaction [Line Items]      
Contract term 15 years    
Number of potential renewal extensions | extension 2    
Automatic renewal term 5 years    
Minimum | AAMC | Affiliated entity      
Related Party Transaction [Line Items]      
Incentive management fee, return on invested capital 7.00%    
Incentive management fee, return on invested capital, per quarter 1.75%    
Maximum | AAMC | Affiliated entity      
Related Party Transaction [Line Items]      
Incentive management fee, return on invested capital 8.25%    
Incentive management fee, return on invested capital, per quarter 2.06%