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Other Assets - Narrative (Details)
3 Months Ended 6 Months Ended
Dec. 31, 2019
USD ($)
property
Jun. 30, 2020
USD ($)
property
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
property
Jun. 30, 2019
USD ($)
Dec. 31, 2017
USD ($)
Schedule of Investments [Line Items]            
Investments in debt securities, net $ 316,991,000 $ 310,380,000   $ 310,380,000    
Debt Instrument, Unamortized Discount   8,180,000   8,180,000    
Debt Securities, Held-to-maturity, Allowance for Credit Loss   0   0    
Held-to-maturity securities, unrecognized holding gain 0 0   0    
Held-to-maturity securities, unrecognized holding loss 0          
Other than temporary impairment recognized in other comprehensive income 0          
Operating Lease, Variable Lease Income   19,613,000 $ 23,253,000 44,660,000 $ 44,583,000  
Investments in equity securities 16,650,000 16,734,000   16,734,000    
Equity Securities, FV-NI, Gain (Loss)   0 $ 0 34,000 $ 0  
Debt Issuance Costs, Line of Credit Arrangements, Gross           $ 9,673,000
Debt issuance costs, unamortized balance $ 2,765,000 $ 1,580,000   $ 1,580,000    
Joint venture with FNMA | Merger with Starwood Waypoint Homes            
Schedule of Investments [Line Items]            
Interest joint venture   10.00%   10.00%    
Number of real estate properties owned by joint venture | property 641 602   602    
Minimum            
Schedule of Investments [Line Items]            
Lessor leasing arrangements, operating leases, term of contract   12 months   12 months    
Residential Mortgage Backed Securities            
Schedule of Investments [Line Items]            
Investments in debt securities, net   $ 310,380,000   $ 310,380,000    
Residential Mortgage Backed Securities | Minimum            
Schedule of Investments [Line Items]            
Marketable securities, expected maturity term       1 month    
Residential Mortgage Backed Securities | Maximum            
Schedule of Investments [Line Items]            
Marketable securities, expected maturity term       7 years    
Mortgage Loans            
Schedule of Investments [Line Items]            
Debt Instrument, Unamortized Discount   0   $ 0    
IH1 2017-1 | Mortgage Loans            
Schedule of Investments [Line Items]            
Debt Instrument, Unamortized Discount $ 2,641,000 $ 2,465,000   $ 2,465,000