XML 26 R13.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Capital - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Increase (Decrease) in Capital [Roll Forward]                
Common units issued under share-based compensation plans, net of units withheld for employee taxes $ 845 $ 3,508 $ (3,742) $ 1,076 $ 55 $ (2,619)    
Distributions to capital holders:                
Net income 88,092 115,414 137,699 61,665 74,555 70,014 $ 341,205 $ 206,234
Total other comprehensive loss (142) (140) (141) (141) (141) (141) (423) (423)
American Homes 4 Rent, L.P.                
Increase (Decrease) in Capital [Roll Forward]                
Total capital, beginning balance 7,550,245 7,517,904 7,174,658 6,964,261 7,110,779 6,738,429 7,174,658 6,738,429
Share-based compensation 6,416 8,508 5,824 5,680 10,643 7,405    
Common units issued under share-based compensation plans, net of units withheld for employee taxes 845 3,508 (3,742) 1,076 55 (2,619)    
Distributions to capital holders:                
Preferred units (Note 10) (3,486) (3,486) (3,486) (3,486) (4,346) (5,763)    
Common units (91,434) (91,463) (91,280) (72,252) (72,284) (72,186)    
Net income 88,092 115,414 137,699 61,665 74,555 70,014 341,205 206,234
Total other comprehensive loss (142) (140) (141) (141) (141) (141) (423) (423)
Total capital, ending balance 7,550,536 7,550,245 7,517,904 7,142,435 6,964,261 7,110,779 7,550,536 7,142,435
American Homes 4 Rent, L.P. | Class A Common Units                
Increase (Decrease) in Capital [Roll Forward]                
Issuance of Class A common units, net of offering costs     298,372 185,632   375,640    
American Homes 4 Rent, L.P. | Series F perpetual preferred shares                
Increase (Decrease) in Capital [Roll Forward]                
Redemption of Series F perpetual preferred units         (155,000)      
American Homes 4 Rent, L.P. | Accumulated other comprehensive income                
Increase (Decrease) in Capital [Roll Forward]                
Total capital, beginning balance 1,245 1,385 1,526 1,808 1,949 2,090 1,526 2,090
Distributions to capital holders:                
Total other comprehensive loss (142) (140) (141) (141) (141) (141)    
Total capital, ending balance $ 1,103 $ 1,245 $ 1,385 $ 1,667 $ 1,808 $ 1,949 $ 1,103 $ 1,667
American Homes 4 Rent, L.P. | General Partner | Common capital                
Increase (Decrease) in Capital [Roll Forward]                
Total capital, beginning balance (in shares) 362,000,767 361,781,367 353,516,901 348,331,569 348,277,963 337,997,791 353,516,901 337,997,791
Total capital, beginning balance $ 6,640,642 $ 6,610,757 $ 6,272,815 $ 6,063,872 $ 6,059,620 $ 5,686,193 $ 6,272,815 $ 5,686,193
Share-based compensation $ 6,416 $ 8,508 $ 5,824 $ 5,680 $ 10,643 $ 7,405    
Common units issued under share-based compensation plans, net of units withheld for employee taxes (in shares) 55,156 219,400 264,466 112,966 53,606 280,172    
Common units issued under share-based compensation plans, net of units withheld for employee taxes $ 845 $ 3,508 $ (3,742) $ 1,076 $ 55 $ (2,619)    
Distributions to capital holders:                
Common units (80,131) (80,160) (79,977) (63,004) (63,036) (62,938)    
Net income $ 74,113 $ 98,029 $ 117,465 $ 50,715 $ 61,866 $ 55,939    
Total capital, ending balance (in shares) 362,055,923 362,000,767 361,781,367 353,444,535 348,331,569 348,277,963 362,055,923 353,444,535
Total capital, ending balance $ 6,641,885 $ 6,640,642 $ 6,610,757 $ 6,243,971 $ 6,063,872 $ 6,059,620 $ 6,641,885 $ 6,243,971
American Homes 4 Rent, L.P. | General Partner | Common capital | Class A Common Units                
Increase (Decrease) in Capital [Roll Forward]                
Issuance of Class A common units, net of offering costs (in shares)     8,000,000 5,000,000   10,000,000    
Issuance of Class A common units, net of offering costs     $ 298,372 $ 185,632   $ 375,640    
American Homes 4 Rent, L.P. | General Partner | Common capital | Series F perpetual preferred shares                
Increase (Decrease) in Capital [Roll Forward]                
Redemption of Series F perpetual preferred units         (5,276)      
American Homes 4 Rent, L.P. | General Partner | Preferred capital amount                
Increase (Decrease) in Capital [Roll Forward]                
Total capital, beginning balance 221,840 221,840 221,840 221,840 371,564 371,564 221,840 371,564
Distributions to capital holders:                
Preferred units (Note 10) (3,486) (3,486) (3,486) (3,486) (4,346) (5,763)    
Net income 3,486 3,486 3,486 3,486 4,346 5,763    
Total capital, ending balance $ 221,840 $ 221,840 $ 221,840 $ 221,840 221,840 $ 371,564 $ 221,840 $ 221,840
American Homes 4 Rent, L.P. | General Partner | Preferred capital amount | Series F perpetual preferred shares                
Increase (Decrease) in Capital [Roll Forward]                
Redemption of Series F perpetual preferred units         $ (149,724)      
American Homes 4 Rent, L.P. | Limited Partners | Common capital                
Increase (Decrease) in Capital [Roll Forward]                
Total capital, beginning balance (in shares) 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980
Total capital, beginning balance $ 686,518 $ 683,922 $ 678,477 $ 676,741 $ 677,646 $ 678,582 $ 678,477 $ 678,582
Distributions to capital holders:                
Common units (11,303) (11,303) (11,303) (9,248) (9,248) (9,248)    
Net income $ 10,493 $ 13,899 $ 16,748 $ 7,464 $ 8,343 $ 8,312    
Total capital, ending balance (in shares) 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980 51,376,980
Total capital, ending balance $ 685,708 $ 686,518 $ 683,922 $ 674,957 $ 676,741 $ 677,646 $ 685,708 $ 674,957