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Schedule III - Real Estate and Accumulated Depreciation (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
single_family_property
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 48,422      
Gross Book Value of Encumbered Assets $ 3,759,757      
Initial Cost to Company, Land 1,528,318      
Initial Cost to Company, Buildings and Improvements 5,839,564      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 846,684      
Total Cost, Land 1,528,318      
Total Cost, Buildings and Improvements 6,686,248      
Total 8,214,566 $ 6,705,982 $ 5,916,933 $ 3,923,624
Accumulated Depreciation (1) (666,710) $ (416,044) $ (206,262) $ (62,202)
Net Cost Basis 7,547,856      
Aggregate cost of consolidated real estate for federal income tax purposes $ 8,100,000      
Albuquerque        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 214      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 6,550      
Initial Cost to Company, Buildings and Improvements 24,368      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 3,522      
Total Cost, Land 6,550      
Total Cost, Buildings and Improvements 27,890      
Total 34,440      
Accumulated Depreciation (1) (3,430)      
Net Cost Basis $ 31,010      
Atlanta        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 4,079      
Gross Book Value of Encumbered Assets $ 276,539      
Initial Cost to Company, Land 120,969      
Initial Cost to Company, Buildings and Improvements 463,252      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 81,474      
Total Cost, Land 120,969      
Total Cost, Buildings and Improvements 544,726      
Total 665,695      
Accumulated Depreciation (1) (46,519)      
Net Cost Basis $ 619,176      
Augusta        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 235      
Gross Book Value of Encumbered Assets $ 14,234      
Initial Cost to Company, Land 6,768      
Initial Cost to Company, Buildings and Improvements 27,065      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 3,906      
Total Cost, Land 6,768      
Total Cost, Buildings and Improvements 30,971      
Total 37,739      
Accumulated Depreciation (1) (3,029)      
Net Cost Basis $ 34,710      
Austin        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 696      
Gross Book Value of Encumbered Assets $ 54,769      
Initial Cost to Company, Land 16,256      
Initial Cost to Company, Buildings and Improvements 75,155      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 14,005      
Total Cost, Land 16,256      
Total Cost, Buildings and Improvements 89,160      
Total 105,416      
Accumulated Depreciation (1) (10,268)      
Net Cost Basis $ 95,148      
Bay Area        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 120      
Gross Book Value of Encumbered Assets $ 9,123      
Initial Cost to Company, Land 8,259      
Initial Cost to Company, Buildings and Improvements 23,485      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 2,038      
Total Cost, Land 8,259      
Total Cost, Buildings and Improvements 25,523      
Total 33,782      
Accumulated Depreciation (1) (3,014)      
Net Cost Basis $ 30,768      
Boise        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 289      
Gross Book Value of Encumbered Assets $ 7,618      
Initial Cost to Company, Land 8,063      
Initial Cost to Company, Buildings and Improvements 29,324      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 3,647      
Total Cost, Land 8,063      
Total Cost, Buildings and Improvements 32,971      
Total 41,034      
Accumulated Depreciation (1) (3,940)      
Net Cost Basis $ 37,094      
Central Valley        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 224      
Gross Book Value of Encumbered Assets $ 3,591      
Initial Cost to Company, Land 8,732      
Initial Cost to Company, Buildings and Improvements 26,322      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 2,971      
Total Cost, Land 8,732      
Total Cost, Buildings and Improvements 29,293      
Total 38,025      
Accumulated Depreciation (1) (3,497)      
Net Cost Basis $ 34,528      
Charleston        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 766      
Gross Book Value of Encumbered Assets $ 79,831      
Initial Cost to Company, Land 27,041      
Initial Cost to Company, Buildings and Improvements 97,859      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 13,424      
Total Cost, Land 27,041      
Total Cost, Buildings and Improvements 111,283      
Total 138,324      
Accumulated Depreciation (1) (10,261)      
Net Cost Basis $ 128,063      
Charlotte        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 2,867      
Gross Book Value of Encumbered Assets $ 288,373      
Initial Cost to Company, Land 100,835      
Initial Cost to Company, Buildings and Improvements 358,273      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 41,926      
Total Cost, Land 100,835      
Total Cost, Buildings and Improvements 400,199      
Total 501,034      
Accumulated Depreciation (1) (35,682)      
Net Cost Basis $ 465,352      
Cincinnati        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,953      
Gross Book Value of Encumbered Assets $ 229,700      
Initial Cost to Company, Land 60,257      
Initial Cost to Company, Buildings and Improvements 239,373      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 36,182      
Total Cost, Land 60,257      
Total Cost, Buildings and Improvements 275,555      
Total 335,812      
Accumulated Depreciation (1) (32,050)      
Net Cost Basis $ 303,762      
Colorado Springs        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 22      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 903      
Initial Cost to Company, Buildings and Improvements 2,951      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 620      
Total Cost, Land 903      
Total Cost, Buildings and Improvements 3,571      
Total 4,474      
Accumulated Depreciation (1) (482)      
Net Cost Basis $ 3,992      
Columbia        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 297      
Gross Book Value of Encumbered Assets $ 32,676      
Initial Cost to Company, Land 6,902      
Initial Cost to Company, Buildings and Improvements 34,318      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 4,251      
Total Cost, Land 6,902      
Total Cost, Buildings and Improvements 38,569      
Total 45,471      
Accumulated Depreciation (1) (4,427)      
Net Cost Basis $ 41,044      
Columbus        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,559      
Gross Book Value of Encumbered Assets $ 132,518      
Initial Cost to Company, Land 41,018      
Initial Cost to Company, Buildings and Improvements 171,244      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 31,141      
Total Cost, Land 41,018      
Total Cost, Buildings and Improvements 202,385      
Total 243,403      
Accumulated Depreciation (1) (21,372)      
Net Cost Basis $ 222,031      
Corpus Christi        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 223      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 1,843      
Initial Cost to Company, Buildings and Improvements 33,756      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 2,509      
Total Cost, Land 1,843      
Total Cost, Buildings and Improvements 36,265      
Total 38,108      
Accumulated Depreciation (1) (1,059)      
Net Cost Basis $ 37,049      
Dallas-Fort Worth        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 4,348      
Gross Book Value of Encumbered Assets $ 382,668      
Initial Cost to Company, Land 110,905      
Initial Cost to Company, Buildings and Improvements 511,800      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 79,594      
Total Cost, Land 110,905      
Total Cost, Buildings and Improvements 591,394      
Total 702,299      
Accumulated Depreciation (1) (57,388)      
Net Cost Basis $ 644,911      
Denver        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 666      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 32,909      
Initial Cost to Company, Buildings and Improvements 133,383      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 16,292      
Total Cost, Land 32,909      
Total Cost, Buildings and Improvements 149,675      
Total 182,584      
Accumulated Depreciation (1) (14,900)      
Net Cost Basis $ 167,684      
Fort Myers        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 6      
Gross Book Value of Encumbered Assets $ 792      
Initial Cost to Company, Land 172      
Initial Cost to Company, Buildings and Improvements 822      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 135      
Total Cost, Land 172      
Total Cost, Buildings and Improvements 957      
Total 1,129      
Accumulated Depreciation (1) (128)      
Net Cost Basis $ 1,001      
Greater Chicago area, IL and IN        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 2,501      
Gross Book Value of Encumbered Assets $ 211,475      
Initial Cost to Company, Land 67,726      
Initial Cost to Company, Buildings and Improvements 281,714      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 54,590      
Total Cost, Land 67,726      
Total Cost, Buildings and Improvements 336,304      
Total 404,030      
Accumulated Depreciation (1) (37,436)      
Net Cost Basis $ 366,594      
Greensboro        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 659      
Gross Book Value of Encumbered Assets $ 47,623      
Initial Cost to Company, Land 18,326      
Initial Cost to Company, Buildings and Improvements 83,380      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 9,104      
Total Cost, Land 18,326      
Total Cost, Buildings and Improvements 92,484      
Total 110,810      
Accumulated Depreciation (1) (9,737)      
Net Cost Basis $ 101,073      
Greenville        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 646      
Gross Book Value of Encumbered Assets $ 74,371      
Initial Cost to Company, Land 16,087      
Initial Cost to Company, Buildings and Improvements 84,539      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 10,069      
Total Cost, Land 16,087      
Total Cost, Buildings and Improvements 94,608      
Total 110,695      
Accumulated Depreciation (1) (10,244)      
Net Cost Basis $ 100,451      
Houston        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 3,157      
Gross Book Value of Encumbered Assets $ 257,023      
Initial Cost to Company, Land 65,518      
Initial Cost to Company, Buildings and Improvements 391,141      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 56,416      
Total Cost, Land 65,518      
Total Cost, Buildings and Improvements 447,557      
Total 513,075      
Accumulated Depreciation (1) (39,173)      
Net Cost Basis $ 473,902      
Indianapolis        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 3,288      
Gross Book Value of Encumbered Assets $ 300,988      
Initial Cost to Company, Land 78,074      
Initial Cost to Company, Buildings and Improvements 317,682      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 53,333      
Total Cost, Land 78,074      
Total Cost, Buildings and Improvements 371,015      
Total 449,089      
Accumulated Depreciation (1) (44,639)      
Net Cost Basis $ 404,450      
Inland Empire        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 366      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 33,947      
Initial Cost to Company, Buildings and Improvements 46,441      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 5,376      
Total Cost, Land 33,947      
Total Cost, Buildings and Improvements 51,817      
Total 85,764      
Accumulated Depreciation (1) (2,912)      
Net Cost Basis $ 82,852      
Jacksonville        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,668      
Gross Book Value of Encumbered Assets $ 96,944      
Initial Cost to Company, Land 45,097      
Initial Cost to Company, Buildings and Improvements 177,385      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 34,438      
Total Cost, Land 45,097      
Total Cost, Buildings and Improvements 211,823      
Total 256,920      
Accumulated Depreciation (1) (24,092)      
Net Cost Basis $ 232,828      
Knoxville        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 320      
Gross Book Value of Encumbered Assets $ 17,274      
Initial Cost to Company, Land 10,338      
Initial Cost to Company, Buildings and Improvements 49,098      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 4,491      
Total Cost, Land 10,338      
Total Cost, Buildings and Improvements 53,589      
Total 63,927      
Accumulated Depreciation (1) (6,142)      
Net Cost Basis $ 57,785      
Las Vegas        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,032      
Gross Book Value of Encumbered Assets $ 89,617      
Initial Cost to Company, Land 30,924      
Initial Cost to Company, Buildings and Improvements 128,759      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 19,494      
Total Cost, Land 30,924      
Total Cost, Buildings and Improvements 148,253      
Total 179,177      
Accumulated Depreciation (1) (18,650)      
Net Cost Basis $ 160,527      
Memphis        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 584      
Gross Book Value of Encumbered Assets $ 32,162      
Initial Cost to Company, Land 17,490      
Initial Cost to Company, Buildings and Improvements 64,508      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 10,366      
Total Cost, Land 17,490      
Total Cost, Buildings and Improvements 74,874      
Total 92,364      
Accumulated Depreciation (1) (6,752)      
Net Cost Basis $ 85,612      
Miami        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 260      
Gross Book Value of Encumbered Assets $ 20,033      
Initial Cost to Company, Land 5,300      
Initial Cost to Company, Buildings and Improvements 34,223      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 6,566      
Total Cost, Land 5,300      
Total Cost, Buildings and Improvements 40,789      
Total 46,089      
Accumulated Depreciation (1) (4,641)      
Net Cost Basis $ 41,448      
Milwaukee        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 125      
Gross Book Value of Encumbered Assets $ 0      
Initial Cost to Company, Land 7,374      
Initial Cost to Company, Buildings and Improvements 21,964      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 2,150      
Total Cost, Land 7,374      
Total Cost, Buildings and Improvements 24,114      
Total 31,488      
Accumulated Depreciation (1) (3,308)      
Net Cost Basis $ 28,180      
Nashville        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 2,433      
Gross Book Value of Encumbered Assets $ 172,473      
Initial Cost to Company, Land 91,494      
Initial Cost to Company, Buildings and Improvements 352,654      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 37,615      
Total Cost, Land 91,494      
Total Cost, Buildings and Improvements 390,269      
Total 481,763      
Accumulated Depreciation (1) (33,803)      
Net Cost Basis $ 447,960      
Oklahoma City        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 412      
Gross Book Value of Encumbered Assets $ 23,356      
Initial Cost to Company, Land 11,173      
Initial Cost to Company, Buildings and Improvements 57,641      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 6,606      
Total Cost, Land 11,173      
Total Cost, Buildings and Improvements 64,247      
Total 75,420      
Accumulated Depreciation (1) (5,924)      
Net Cost Basis $ 69,496      
Orlando        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,562      
Gross Book Value of Encumbered Assets $ 61,131      
Initial Cost to Company, Land 55,304      
Initial Cost to Company, Buildings and Improvements 182,173      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 27,409      
Total Cost, Land 55,304      
Total Cost, Buildings and Improvements 209,582      
Total 264,886      
Accumulated Depreciation (1) (20,066)      
Net Cost Basis $ 244,820      
Phoenix        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 2,783      
Gross Book Value of Encumbered Assets $ 122,104      
Initial Cost to Company, Land 118,022      
Initial Cost to Company, Buildings and Improvements 292,454      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 38,378      
Total Cost, Land 118,022      
Total Cost, Buildings and Improvements 330,832      
Total 448,854      
Accumulated Depreciation (1) (29,502)      
Net Cost Basis $ 419,352      
Portland        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 207      
Gross Book Value of Encumbered Assets $ 24,121      
Initial Cost to Company, Land 14,491      
Initial Cost to Company, Buildings and Improvements 23,980      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 1,992      
Total Cost, Land 14,491      
Total Cost, Buildings and Improvements 25,972      
Total 40,463      
Accumulated Depreciation (1) (3,338)      
Net Cost Basis $ 37,125      
Raleigh        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,842      
Gross Book Value of Encumbered Assets $ 205,160      
Initial Cost to Company, Land 60,896      
Initial Cost to Company, Buildings and Improvements 234,760      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 27,267      
Total Cost, Land 60,896      
Total Cost, Buildings and Improvements 262,027      
Total 322,923      
Accumulated Depreciation (1) (25,381)      
Net Cost Basis $ 297,542      
Salt Lake City        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,048      
Gross Book Value of Encumbered Assets $ 150,712      
Initial Cost to Company, Land 58,513      
Initial Cost to Company, Buildings and Improvements 149,603      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 22,673      
Total Cost, Land 58,513      
Total Cost, Buildings and Improvements 172,276      
Total 230,789      
Accumulated Depreciation (1) (20,966)      
Net Cost Basis $ 209,823      
San Antonio        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,019      
Gross Book Value of Encumbered Assets $ 84,009      
Initial Cost to Company, Land 29,716      
Initial Cost to Company, Buildings and Improvements 109,884      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 18,252      
Total Cost, Land 29,716      
Total Cost, Buildings and Improvements 128,136      
Total 157,852      
Accumulated Depreciation (1) (12,182)      
Net Cost Basis $ 145,670      
Savannah/Hilton Head        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 559      
Gross Book Value of Encumbered Assets $ 39,624      
Initial Cost to Company, Land 17,016      
Initial Cost to Company, Buildings and Improvements 66,878      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 7,979      
Total Cost, Land 17,016      
Total Cost, Buildings and Improvements 74,857      
Total 91,873      
Accumulated Depreciation (1) (5,574)      
Net Cost Basis $ 86,299      
Seattle        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 478      
Gross Book Value of Encumbered Assets $ 27,936      
Initial Cost to Company, Land 28,955      
Initial Cost to Company, Buildings and Improvements 78,582      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 5,647      
Total Cost, Land 28,955      
Total Cost, Buildings and Improvements 84,229      
Total 113,184      
Accumulated Depreciation (1) (6,090)      
Net Cost Basis $ 107,094      
Tampa        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 1,760      
Gross Book Value of Encumbered Assets $ 111,989      
Initial Cost to Company, Land 63,272      
Initial Cost to Company, Buildings and Improvements 232,244      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 32,808      
Total Cost, Land 63,272      
Total Cost, Buildings and Improvements 265,052      
Total 328,324      
Accumulated Depreciation (1) (29,292)      
Net Cost Basis $ 299,032      
Tucson        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 387      
Gross Book Value of Encumbered Assets $ 43,407      
Initial Cost to Company, Land 7,812      
Initial Cost to Company, Buildings and Improvements 37,208      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 7,215      
Total Cost, Land 7,812      
Total Cost, Buildings and Improvements 44,423      
Total 52,235      
Accumulated Depreciation (1) (6,673)      
Net Cost Basis $ 45,562      
Winston Salem        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Number of Single-Family Homes | single_family_property 762      
Gross Book Value of Encumbered Assets $ 33,793      
Initial Cost to Company, Land 17,071      
Initial Cost to Company, Buildings and Improvements 87,919      
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements 8,813      
Total Cost, Land 17,071      
Total Cost, Buildings and Improvements 96,732      
Total 113,803      
Accumulated Depreciation (1) (8,747)      
Net Cost Basis $ 105,056