XML 53 R43.htm IDEA: XBRL DOCUMENT v3.5.0.2
Debt - Exchangeable Senior Notes Narrative (Details)
6 Months Ended
Feb. 29, 2016
USD ($)
day
Jun. 30, 2016
USD ($)
Dec. 31, 2015
USD ($)
Debt Instrument [Line Items]      
Exchangeable senior notes, net   $ 106,434,000 $ 0
Convertible Debt | 3.25% Exchangeable Senior Notes      
Debt Instrument [Line Items]      
Interest rate 3.25% 3.25%  
Principal amount $ 115,000,000 $ 115,000,000 0
Fair value of convertible debt $ 112,300,000    
Debt exchange ratio   0.0543357  
Current exchange price percentage 98.00%    
Minimum trading days | day 20    
Consecutive trading days 5 days    
Straight-debt rate 6.70%    
Unamortized discount $ (2,700,000) $ (2,382,000) 0
Exchangeable senior notes, net 105,300,000 106,400,000  
Convertible instrument carrying amount $ 7,000,000 $ 6,184,000 $ 0
Convertible Debt | 3.25% Exchangeable Senior Notes | Minimum      
Debt Instrument [Line Items]      
Current exchange price percentage 130.00%    
Consecutive trading days 30 days    
American Residential Properties Inc. | Convertible Debt | 3.25% Exchangeable Senior Notes      
Debt Instrument [Line Items]      
Debt exchange ratio 0.0469423    
Adjusted debt exchange ratio 0.0532795    
Ownership units exchange ratio 1.135