Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Rents from single-family properties	$ 757,603	$ 559,719	$ 376,385
Fees from single-family properties	10,234	7,646	5,968
Tenant charge-backs	95,254	56,546	14,931
Other	15,798	6,665	1,590
Total revenues	878,889	630,576	398,874
Expenses:
Property operating expenses	386,474	292,155	184,814
General and administrative expense	30,992	24,906	21,947
Interest expense	130,847	89,413	19,881
Noncash share-based compensation expense	3,636	3,125	2,586
Acquisition fees and costs expensed	11,443	19,577	22,386
Depreciation and amortization	298,677	242,848	165,516
Other	11,978	3,770	3,559
Total expenses	874,047	675,794	420,689
Gain on sale of single-family properties, net	14,569	0	0
Loss on early extinguishment of debt	(13,408)	0	0
Gain on conversion of Series E units	11,463	0	0
Remeasurement of Series E units	0	2,100	(5,119)
Remeasurement of preferred shares	(7,020)	(4,830)	(6,158)
Net income (loss)	10,446	(47,948)	(33,092)
Noncontrolling interest	3,751	14,353	14,965
Dividends on preferred shares	40,237	22,276	18,928
Net loss attributable to common shareholders	$ (33,542)	$ (84,577)	$ (66,985)
Weighted-average shares outstanding–basic and diluted (in shares)	234,010,168	210,600,111	196,348,757
Net loss attributable to common shareholders per share - basic and diluted (in dollars per share)	$ (0.14)	$ (0.40)	$ (0.34)
Dividends declared on common shares (in dollars per share)	$ 0.2	$ 0.2	$ 0.2