Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Real Estate [Line Items]
Single-family properties in operation, net	$ 9,917,123	$ 9,938,672
Development land	631,752	631,539
Single-family properties under development	647,337	555,682
Single-family properties and land held for sale, net	171,448	198,716
Total real estate assets, net	11,367,660	11,324,609
Occupied single-family properties
Real Estate [Line Items]
Single-family properties in operation, net	9,549,695	9,419,098
Single-family properties leased, not yet occupied
Real Estate [Line Items]
Single-family properties in operation, net	89,718	52,325
Single-family properties in turnover process
Real Estate [Line Items]
Single-family properties in operation, net	191,738	281,356
Single-family properties recently renovated or developed
Real Estate [Line Items]
Single-family properties in operation, net	85,972	182,336
Single-family properties newly acquired and under renovation
Real Estate [Line Items]
Single-family properties in operation, net	0	3,557
Single Family Homes
Real Estate [Line Items]
Total real estate assets, net	$ 11,367,660	$ 11,324,609