Investments in Single-Family Residential Properties - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Capitalized acquisition costs, net	$ 119,454		$ 119,454		$ 119,608
Capitalized interest costs	68,727		68,727		65,747
Capitalized property taxes, net	26,438		26,438		25,565
Capitalized insurance, net	4,643		4,643		4,616
Capitalized HOA fees, net	2,992		2,992		$ 2,836
Depreciation and amortization	137,266	$ 133,031	272,293	$ 266,640
Provisions for impairment	1,442	4,076	3,913	7,329
Real estate properties
Property, Plant and Equipment [Line Items]
Depreciation and amortization	135,647	131,782	269,561	264,302
Furniture and equipment
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 1,619	$ 1,249	$ 2,732	$ 2,338