Investments in Single-Family Residential Properties - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Capitalized acquisition costs, net	$ 119,292		$ 119,292		$ 119,608
Capitalized interest costs	67,483		67,483		65,747
Capitalized property taxes, net	26,541		26,541		25,565
Capitalized insurance, net	4,639		4,639		4,616
Capitalized HOA fees, net	3,023		3,023		$ 2,836
Depreciation and amortization	138,147	$ 133,315	410,440	$ 399,955
Provisions for impairment	289	3,960	4,202	11,289
Real estate properties
Property, Plant and Equipment [Line Items]
Depreciation and amortization	136,517	132,266	406,078	396,568
Furniture and equipment
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 1,630	$ 1,049	$ 4,362	$ 3,387