Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net (loss) income	$ 1,275	$ (16,663)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	149,121	112,885
Noncash amortization of deferred financing costs	5,279	3,500
Noncash amortization of discount on exchangeable senior notes	1,106	0
Noncash amortization of discount on ARP 2014-SFR1 securitization	1,119	0
Noncash share-based compensation	1,853	1,430
Provision for bad debt	2,483	2,785
Gain on conversion of Series E units to Series D units	(11,463)	0
Remeasurement of Series E units	0	(3,981)
Remeasurement of preferred shares	450	(700)
Equity in net income of unconsolidated ventures	261	273
Net loss on sale / impairment of single-family properties	8	0
Net gain on sale of non-performing loans	(1,656)	0
Other changes in operating assets and liabilities:
Rent and other receivables	(6,977)	(5,305)
Restricted cash for resident security deposits	(12,394)	(9,223)
Prepaid expenses and other assets	3,807	2,546
Deferred leasing costs	(4,080)	(5,421)
Accounts payable and accrued expenses	12,071	6,267
Resident security deposit liability	12,370	9,223
Amounts payable to affiliates	(5,250)	6,211
Net cash provided by operating activities	149,383	103,827
Investing activities
Cash paid for single-family properties	(61,966)	(438,689)
Escrow deposits for purchase of single-family properties	(330)	(3,113)
Increase in other restricted cash	(799)	(8,416)
Cash acquired in ARPI merger	15,499	0
Payoff of credit facility assumed in ARPI merger	(350,000)	0
Net proceeds received from sales of single-family properties	15,493	0
Net proceeds received from sales of non-performing loans	16,405	0
Purchase of commercial office building	(20,056)	0
Investment in unconsolidated joint ventures	0	(10,003)
Investments in mortgage financing receivables	0	(7,731)
Distributions from unconsolidated joint ventures, net	5,770	0
Renovations to single-family properties	(17,529)	(93,655)
Other capital expenditures for single-family properties	(12,675)	(15,925)
Net cash used for investing activities	(410,188)	(577,532)
Financing activities
Net proceeds from issuance of perpetual preferred shares	482,726	0
Proceeds from exercise of stock options	1,682	0
Redemptions of Class A units	(291)	0
Proceeds from asset-backed securitizations	0	552,830
Payments on asset-backed securitizations	(12,762)	(8,557)
Proceeds from credit facility	626,000	628,000
Payments on credit facility	(484,000)	(658,000)
Payments on secured note payable	(457)	(444)
Distributions to noncontrolling interests	(5,905)	(12,108)
Distributions to common shareholders	(24,038)	(21,148)
Distributions to preferred shareholders	(12,981)	(11,138)
Deferred financing costs paid	(390)	(13,860)
Net cash provided by financing activities	473,488	455,575
Net increase (decrease) in cash and cash equivalents	212,683	(18,130)
Cash and cash equivalents, beginning of period	57,686	108,787
Cash and cash equivalents, end of period	270,369	90,657
Supplemental cash flow information
Cash payments for interest	(58,865)	(33,431)
Supplemental schedule of noncash investing and financing activities
Accounts payable and accrued expenses	(1,345)	(344)
Accrued distribution to Series C convertible units	0	4,698
Merger with ARPI (see Note 10)
Cash acquired in ARPI merger	15,499	0
Class A common shares
Financing activities
Net proceeds from issuance of Class A common shares	2	0
Repurchase of Class A common shares	(96,098)	0
American Residential Properties Inc.
Investing activities
Cash acquired in ARPI merger	15,499	0
Supplemental schedule of noncash investing and financing activities
Accounts payable and accrued expenses	(38,485)	0
Merger with ARPI (see Note 10)
Single-family properties	1,277,253	0
Cash acquired in ARPI merger	15,499	0
Restricted cash	9,521	0
Rent and other receivables	843	0
Escrow deposits, prepaid expenses and other assets	35,134	0
Deferred costs and other intangibles, net	22,696	0
American Residential Properties Inc. | Class A common shares
Merger with ARPI (see Note 10)
Class A common shares and units issued	(530,460)	0
American Residential Properties Inc. | Credit facility
Merger with ARPI (see Note 10)
Debt assumed	(350,000)	0
American Residential Properties Inc. | Asset-backed securitization
Merger with ARPI (see Note 10)
Debt assumed	(329,703)	0
American Residential Properties Inc. | Exchangeable senior notes
Merger with ARPI (see Note 10)
Debt assumed	$ (112,298)	$ 0