Real Estate Assets, Net - Schedule of Real Estate Properties (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property Subject to or Available for Operating Lease
Net book value	$ 7,986,276	$ 8,020,597
Development land	224,041	97,207
Single-family properties under development	131,386	56,444
Single-family properties held for sale, net	209,828	318,327
Total real estate assets, net	8,551,531	8,492,575
Single family homes
Property Subject to or Available for Operating Lease
Total real estate assets, net	8,551,531	8,492,575
Single family homes | Single-family properties recently acquired
Property Subject to or Available for Operating Lease
Net book value	88,181	212,870
Single family homes | Single-family properties in turnover process
Property Subject to or Available for Operating Lease
Net book value	308,008	294,093
Single family homes | Occupied single-family properties
Property Subject to or Available for Operating Lease
Net book value	7,534,627	7,448,330
Single family homes | Single-family properties leased, not yet occupied
Property Subject to or Available for Operating Lease
Net book value	$ 55,460	$ 65,304