Single-Family Properties (Tables)

9 Months Ended

Sep. 30, 2017

Real Estate [Abstract]

Single-Family Properties, Net

Single-family properties, net, consisted of the following as of September 30, 2017, and December 31, 2016 (dollars in thousands):

	September 30, 2017
	Number of properties	Net book value
Leased single-family properties	46,026	$	7,130,878
Single-family properties being renovated	858	179,208
Single-family properties being prepared for re-lease	392	49,341
Vacant single-family properties available for lease	2,270	392,702
Single-family properties held for sale, net	469	50,370
Total	50,015	$	7,802,499

	December 31, 2016
	Number of properties	Net book value
Leased single-family properties	44,798	$	7,040,000
Single-family properties being renovated	312	57,200
Single-family properties being prepared for re-lease	91	14,453
Vacant single-family properties available for lease	2,102	348,773
Single-family properties held for sale, net	1,119	87,430
Total	48,422	$	7,547,856