XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Single-family properties:    
Land $ 1,600,906 $ 1,512,183
Buildings and improvements 7,020,774 6,614,953
Single-family properties held for sale, net 50,370 87,430
Single-family properties, gross 8,672,050 8,214,566
Less: accumulated depreciation (869,551) (666,710)
Single-family properties, net 7,802,499 7,547,856
Cash and cash equivalents 243,547 118,799
Restricted cash 119,574 131,442
Rent and other receivables, net 35,429 17,618
Escrow deposits, prepaid expenses and other assets 149,366 133,594
Deferred costs and other intangibles, net 13,516 11,956
Asset-backed securitization certificates 25,666 25,666
Goodwill 120,279 120,279
Total assets 8,509,876 8,107,210
Liabilities    
Asset-backed securitizations, net 1,981,444 2,442,863
Exchangeable senior notes, net 110,771 108,148
Secured note payable 49,107 49,828
Accounts payable and accrued expenses 263,745 177,206
Participating preferred shares/units derivative liability 68,469 69,810
Total liabilities 2,671,449 3,169,590
Commitments and contingencies
Shareholders’ equity:    
Preferred shares, $0.01 par value per share, 100,000,000 shares authorized, 47,810,000 and 37,010,000 shares issued and outstanding at September 30, 2017, and December 31, 2016, respectively 478 370
Additional paid-in capital 5,517,978 4,568,616
Accumulated deficit (417,609) (378,578)
Accumulated other comprehensive income 0 95
Total shareholders’ equity 5,103,589 4,192,936
Limited partners:    
Noncontrolling interest 734,838 744,684
Total equity 5,838,427 4,937,620
Total liabilities and equity/capital 8,509,876 8,107,210
Class A common shares/units    
Shareholders’ equity:    
Common stock, value, issued 2,736 2,427
Class B common shares    
Shareholders’ equity:    
Common stock, value, issued 6 6
American Homes 4 Rent, L.P.    
Single-family properties:    
Land 1,600,906 1,512,183
Buildings and improvements 7,020,774 6,614,953
Single-family properties held for sale, net 50,370 87,430
Single-family properties, gross 8,672,050 8,214,566
Less: accumulated depreciation (869,551) (666,710)
Single-family properties, net 7,802,499 7,547,856
Cash and cash equivalents 243,547 118,799
Restricted cash 119,574 131,442
Rent and other receivables, net 35,429 17,618
Escrow deposits, prepaid expenses and other assets 149,184 128,403
Amounts due from affiliates 25,848 30,857
Deferred costs and other intangibles, net 13,516 11,956
Goodwill 120,279 120,279
Total assets 8,509,876 8,107,210
Liabilities    
Asset-backed securitizations, net 1,981,444 2,442,863
Exchangeable senior notes, net 110,771 108,148
Secured note payable 49,107 49,828
Accounts payable and accrued expenses 263,745 177,206
Participating preferred shares/units derivative liability 68,469 69,810
Total liabilities 2,671,449 3,169,590
Commitments and contingencies
Shareholders’ equity:    
Accumulated other comprehensive income 0 95
Limited partners:    
Total partners' capital 5,839,909 4,939,110
Noncontrolling interest (1,482) (1,490)
Total capital 5,838,427 4,937,620
Total liabilities and equity/capital 8,509,876 8,107,210
American Homes 4 Rent, L.P. | Common Units    
General partner:    
General partner, capital account 4,008,095 3,357,992
Limited partners:    
Limited partners, capital account 736,320 746,174
American Homes 4 Rent, L.P. | Preferred Shares/Units    
General partner:    
General partner, capital account 1,095,494 834,849
Term loan facility, net    
Liabilities    
Credit facility 197,913 321,735
Term loan facility, net | American Homes 4 Rent, L.P.    
Liabilities    
Credit facility 197,913 321,735
Revolving Credit Facility    
Liabilities    
Credit facility 0 0
Revolving Credit Facility | American Homes 4 Rent, L.P.    
Liabilities    
Credit facility $ 0 $ 0