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Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net $ 8,067,375 $ 7,986,276
Development land 246,438 224,041
Single-family properties under development 161,018 131,386
Single-family properties held for sale, net 172,045 209,828
Total real estate assets, net 8,646,876 8,551,531
Single Family Homes    
Property Subject to or Available for Operating Lease    
Total real estate assets, net 8,646,876 8,551,531
Single Family Homes | Single-family properties recently acquired    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net 133,141 88,181
Single Family Homes | Single-family properties in turnover process    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net 287,079 308,008
Single Family Homes | Occupied single-family properties    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net 7,561,775 7,534,627
Single Family Homes | Single-family properties leased, not yet occupied    
Property Subject to or Available for Operating Lease    
Single-family properties in operation, net $ 85,380 $ 55,460