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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Single-family properties:    
Land $ 1,784,804 $ 1,756,504
Buildings and improvements 7,814,877 7,691,877
Single-family properties in operation 9,599,681 9,448,381
Less: accumulated depreciation (1,532,306) (1,462,105)
Single-family properties in operation, net 8,067,375 7,986,276
Single-family properties under development and development land 407,456 355,427
Single-family properties held for sale, net 172,045 209,828
Total real estate assets, net 8,646,876 8,551,531
Cash and cash equivalents 33,108 37,575
Restricted cash 128,621 126,544
Rent and other receivables 29,956 29,618
Escrow deposits, prepaid expenses and other assets 151,326 140,961
Investments in unconsolidated joint ventures 65,533 67,935
Asset-backed securitization certificates 25,666 25,666
Goodwill 120,279 120,279
Total assets 9,201,365 9,100,109
Liabilities    
Asset-backed securitizations, net 1,940,869 1,945,044
Unsecured senior notes, net 888,791 888,453
Accounts payable and accrued expenses 241,950 243,193
Amounts payable to affiliates 0 4,629
Total liabilities 3,176,610 3,081,319
Commitments and Contingencies (see Note 15)
Shareholders’ equity:    
Preferred shares ($0.01 par value per share, 100,000,000 shares authorized, 35,350,000 shares issued and outstanding at March 31, 2020 and December 31, 2019) 354 354
Additional paid-in capital 5,792,418 5,790,775
Accumulated deficit (461,706) (465,368)
Accumulated other comprehensive income 6,452 6,658
Total shareholders’ equity 5,340,527 5,335,426
Limited partner:    
Accumulated other comprehensive income 6,452 6,658
Noncontrolling interest 684,228 683,364
Total equity 6,024,755 6,018,790
Total liabilities and equity/capital 9,201,365 9,100,109
American Homes 4 Rent, L.P.    
Single-family properties:    
Land 1,784,804 1,756,504
Buildings and improvements 7,814,877 7,691,877
Single-family properties in operation 9,599,681 9,448,381
Less: accumulated depreciation (1,532,306) (1,462,105)
Single-family properties in operation, net 8,067,375 7,986,276
Single-family properties under development and development land 407,456 355,427
Single-family properties held for sale, net 172,045 209,828
Total real estate assets, net 8,646,876 8,551,531
Cash and cash equivalents 33,108 37,575
Restricted cash 128,621 126,544
Rent and other receivables 29,956 29,618
Escrow deposits, prepaid expenses and other assets 151,326 140,681
Amounts due from affiliates 25,666 25,946
Goodwill 120,279 120,279
Total assets 9,201,365 9,100,109
Liabilities    
Asset-backed securitizations, net 1,940,869 1,945,044
Unsecured senior notes, net 888,791 888,453
Accounts payable and accrued expenses 241,950 243,193
Amounts payable to affiliates 0 4,629
Total liabilities 3,176,610 3,081,319
Commitments and Contingencies (see Note 15)
Shareholders’ equity:    
Accumulated other comprehensive income 7,582 7,823
Limited partner:    
Accumulated other comprehensive income 7,582 7,823
Total capital 6,024,755 6,018,790
Total liabilities and equity/capital 9,201,365 9,100,109
American Homes 4 Rent, L.P. | Common Units    
General partner:    
General partner, capital account 4,479,640 4,474,333
Limited partner:    
Limited partners, capital account 683,098 682,199
American Homes 4 Rent, L.P. | Preferred Shares/Units    
General partner:    
General partner, capital account 854,435 854,435
Class A common shares/units    
Shareholders’ equity:    
Common stock issued 3,003 3,001
Class B common shares    
Shareholders’ equity:    
Common stock issued 6 6
Revolving Credit Facility    
Liabilities    
Credit facility 105,000 0
Revolving Credit Facility | American Homes 4 Rent, L.P.    
Liabilities    
Credit facility $ 105,000 $ 0