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Real Estate Assets, Net - Components of Single-Family Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real Estate [Line Items]    
Single-family properties in operation, net $ 10,132,185 $ 9,938,672
Development land 575,514 631,539
Single-family properties under development 759,478 555,682
Single-family properties and land held for sale, net 160,328 198,716
Total real estate assets, net 11,627,505 11,324,609
Occupied single-family properties    
Real Estate [Line Items]    
Single-family properties in operation, net 9,627,171 9,419,098
Single-family properties leased, not yet occupied    
Real Estate [Line Items]    
Single-family properties in operation, net 60,392 52,325
Single-family properties in turnover process    
Real Estate [Line Items]    
Single-family properties in operation, net 320,204 281,356
Single-family properties recently renovated or developed    
Real Estate [Line Items]    
Single-family properties in operation, net 121,775 182,336
Single-family properties newly acquired and under renovation    
Real Estate [Line Items]    
Single-family properties in operation, net 2,643 3,557
Single Family Homes    
Real Estate [Line Items]    
Total real estate assets, net $ 11,627,505 $ 11,324,609