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Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Revolving Credit Facility From January 1, 2020 through February 21, 2020, the Company borrowed an additional $55.0 million under its revolving credit facility, resulting in $55.0 million of outstanding borrowings under the revolving credit facility as of February 21, 2020. Subsequent Acquisitions From January 1, 2020 through February 21, 2020, the Company added 318 properties to its portfolio for a total cost of approximately $84.1 million, which included 191 homes developed through our new construction channel. Subsequent Dispositions From January 1, 2020 through February 21, 2020, the Company disposed of 297 properties for aggregate net proceeds of approximately $55.8 million. Investment in Joint Venture In February 2020, the Company entered into a $253.1 million strategic joint venture with institutional investors advised by J.P. Morgan Asset Management focused on constructing and operating newly built rental homes by the Company. The Company holds a 20% unconsolidated interest in the joint venture, which has an evergreen term. Additionally, the Company will earn fees for development and management services provided to the venture and have an opportunity to earn a promoted interest after construction and initial operation of the venture’s properties.