Single-family properties (Tables)

6 Months Ended

Jun. 30, 2013

Real Estate [Abstract]

Schedule of Single-Family Properties

Single-family properties, net, consists of the following as of June 30, 2013 and December 31, 2012 (dollars in thousands):

	June 30, 2013
	Number of properties		Net book value
Leased single-family properties		10,245	$	1,713,955
Single-family properties being renovated		6,074		960,156
Vacant single-family properties available for lease		2,007		365,393
Total		18,326	$	3,039,504

	December 31, 2012
	Number of properties		Net book value
Leased single-family properties		1,164	$	158,068
Single-family properties being renovated		1,857		261,136
Vacant single-family properties available for lease		623		86,509
Total		3,644	$	505,713