2016 Q2 Form 10-Q Financial Statement

#000156240116000098 Filed on August 05, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $220.3M $153.6M
YoY Change 43.41% 62.91%
Cost Of Revenue $95.60M $72.30M
YoY Change 32.23% 67.75%
Gross Profit $125.4M $81.30M
YoY Change 54.24% 58.79%
Gross Profit Margin 56.92% 52.92%
Selling, General & Admin $8.300M $7.000M
YoY Change 18.57% 11.11%
% of Gross Profit 6.62% 8.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $79.60M $59.20M
YoY Change 34.46% 54.47%
% of Gross Profit 63.48% 72.82%
Operating Expenses $224.6M $164.7M
YoY Change 36.31% 77.94%
Operating Profit -$99.18M -$83.45M
YoY Change 18.85% 101.63%
Interest Expense $35.48M $22.00M
YoY Change 61.26% 465.92%
% of Operating Profit
Other Income/Expense, Net -$200.0K $2.700M
YoY Change -107.41% -152.94%
Pretax Income -$3.800M -$8.400M
YoY Change -54.76% 147.06%
Income Tax
% Of Pretax Income
Net Earnings -$3.753M -$8.398M
YoY Change -55.31% 149.27%
Net Earnings / Revenue -1.7% -5.47%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share -$0.04 -$57.21K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 238.5M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $270.4M $90.70M
YoY Change 198.13% -62.07%
Cash & Equivalents $270.4M $90.66M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $19.30M $12.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $289.7M $102.9M
YoY Change 181.54% -57.95%
LONG-TERM ASSETS
Property, Plant & Equipment $7.522B $6.162B
YoY Change 22.06% 37.43%
Goodwill $120.7M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $266.8M $275.7M
YoY Change -3.23% 124.88%
Total Long-Term Assets $7.963B $6.584B
YoY Change 20.94% 38.97%
TOTAL ASSETS
Total Short-Term Assets $289.7M $102.9M
Total Long-Term Assets $7.963B $6.584B
Total Assets $8.252B $6.687B
YoY Change 23.41% 34.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $300.0K $100.0K
YoY Change 200.0% -92.86%
Accrued Expenses $144.7M $105.8M
YoY Change 36.77% 35.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $215.3M $159.9M
YoY Change 34.65% 28.85%
LONG-TERM LIABILITIES
Long-Term Debt $3.095B $2.292B
YoY Change 35.02% 138.24%
Other Long-Term Liabilities $63.20M $125.3M
YoY Change -49.56% -3.84%
Total Long-Term Liabilities $3.158B $2.417B
YoY Change 30.63% 121.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $215.3M $159.9M
Total Long-Term Liabilities $3.158B $2.417B
Total Liabilities $3.373B $3.292B
YoY Change 2.46% 170.66%
SHAREHOLDERS EQUITY
Retained Earnings -$335.7M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.130B $3.395B
YoY Change
Total Liabilities & Shareholders Equity $8.252B $6.687B
YoY Change 23.41% 34.21%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income -$3.753M -$8.398M
YoY Change -55.31% 149.27%
Depreciation, Depletion And Amortization $79.60M $59.20M
YoY Change 34.46% 54.47%
Cash From Operating Activities $80.80M $74.90M
YoY Change 7.88% 80.48%
INVESTING ACTIVITIES
Capital Expenditures -$28.20M -$9.400M
YoY Change 200.0%
Acquisitions
YoY Change
Other Investing Activities -$13.30M -$194.9M
YoY Change -93.18% -43.33%
Cash From Investing Activities -$41.50M -$204.3M
YoY Change -79.69% -40.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 138.8M 104.4M
YoY Change 32.95% -76.18%
NET CHANGE
Cash From Operating Activities 80.80M 74.90M
Cash From Investing Activities -41.50M -204.3M
Cash From Financing Activities 138.8M 104.4M
Net Change In Cash 178.1M -25.00M
YoY Change -812.4% -118.4%
FREE CASH FLOW
Cash From Operating Activities $80.80M $74.90M
Capital Expenditures -$28.20M -$9.400M
Free Cash Flow $109.0M $84.30M
YoY Change 29.3%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
799000 USD
CY2015Q4 amh Accounts And Other Receivables Net
AccountsAndOtherReceivablesNet
13936000 USD
CY2016Q2 amh Accounts And Other Receivables Net
AccountsAndOtherReceivablesNet
19280000 USD
amh Accretion Expense Discounton Asset Back Securitization
AccretionExpenseDiscountonAssetBackSecuritization
0 USD
amh Accretion Expense Discounton Asset Back Securitization
AccretionExpenseDiscountonAssetBackSecuritization
1119000 USD
amh Accretion Expense Discounton Exchangeable Senior Notes
AccretionExpenseDiscountonExchangeableSeniorNotes
0 USD
amh Accretion Expense Discounton Exchangeable Senior Notes
AccretionExpenseDiscountonExchangeableSeniorNotes
1106000 USD
CY2015Q2 amh Acquisition Fees And Costs Expensed
AcquisitionFeesAndCostsExpensed
4236000 USD
amh Acquisition Fees And Costs Expensed
AcquisitionFeesAndCostsExpensed
10144000 USD
CY2016Q2 amh Acquisition Fees And Costs Expensed
AcquisitionFeesAndCostsExpensed
3489000 USD
amh Acquisition Fees And Costs Expensed
AcquisitionFeesAndCostsExpensed
9142000 USD
CY2015Q2 amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
4000000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
344000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
1345000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
4698000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5905000 USD
amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
7200000 USD
CY2016Q2 amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
12300000 USD
amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
19800000 USD
CY2015Q4 amh Asset Backed Securitization
AssetBackedSecuritization
2530210000 USD
CY2016Q2 amh Asset Backed Securitization
AssetBackedSecuritization
2859563000 USD
CY2015Q4 amh Asset Backed Securitization Certificates
AssetBackedSecuritizationCertificates
25666000 USD
CY2016Q2 amh Asset Backed Securitization Certificates
AssetBackedSecuritizationCertificates
25666000 USD
CY2014Q4 amh Convertible Series E Units
ConvertibleSeriesEUnits
72057000 USD
CY2015Q2 amh Convertible Series E Units
ConvertibleSeriesEUnits
68076000 USD
CY2015Q4 amh Convertible Series E Units
ConvertibleSeriesEUnits
69957000 USD
CY2016Q2 amh Convertible Series E Units
ConvertibleSeriesEUnits
0 USD
amh Convertible Series E Units Liability Issuance
ConvertibleSeriesEUnitsLiabilityIssuance
0 USD
amh Convertible Series E Units Liability Issuance
ConvertibleSeriesEUnitsLiabilityIssuance
0 USD
CY2015Q4 amh Deferred Costs And Intangible Assets Accumulated Amortization
DeferredCostsAndIntangibleAssetsAccumulatedAmortization
16069000 USD
CY2016Q2 amh Deferred Costs And Intangible Assets Accumulated Amortization
DeferredCostsAndIntangibleAssetsAccumulatedAmortization
37225000 USD
CY2015Q4 amh Deferred Costs And Intangible Assets Gross
DeferredCostsAndIntangibleAssetsGross
26498000 USD
CY2016Q2 amh Deferred Costs And Intangible Assets Gross
DeferredCostsAndIntangibleAssetsGross
53624000 USD
CY2015Q4 amh Deferred Costs And Intangible Assets Net
DeferredCostsAndIntangibleAssetsNet
10429000 USD
CY2015Q4 amh Deferred Costs And Intangible Assets Net
DeferredCostsAndIntangibleAssetsNet
10400000 USD
CY2016Q2 amh Deferred Costs And Intangible Assets Net
DeferredCostsAndIntangibleAssetsNet
16400000 USD
CY2016Q2 amh Deferred Costs And Intangible Assets Net
DeferredCostsAndIntangibleAssetsNet
16399000 USD
CY2015Q4 amh Deposits Prepaid Expense And Other Assets
DepositsPrepaidExpenseAndOtherAssets
121627000 USD
CY2016Q2 amh Deposits Prepaid Expense And Other Assets
DepositsPrepaidExpenseAndOtherAssets
144376000 USD
CY2015Q4 amh Due To Affiliates Net Receivable From Affiliates
DueToAffiliatesNetReceivableFromAffiliates
4093000 USD
CY2016Q2 amh Due To Affiliates Net Receivable From Affiliates
DueToAffiliatesNetReceivableFromAffiliates
0 USD
CY2015Q2 amh Fees From Real Estate
FeesFromRealEstate
2204000 USD
amh Fees From Real Estate
FeesFromRealEstate
3535000 USD
CY2016Q2 amh Fees From Real Estate
FeesFromRealEstate
2724000 USD
amh Fees From Real Estate
FeesFromRealEstate
4921000 USD
CY2015Q2 amh Gain Losson Conversionof Convertible Securities
GainLossonConversionofConvertibleSecurities
0 USD
amh Gain Losson Conversionof Convertible Securities
GainLossonConversionofConvertibleSecurities
0 USD
CY2016Q2 amh Gain Losson Conversionof Convertible Securities
GainLossonConversionofConvertibleSecurities
0 USD
amh Gain Losson Conversionof Convertible Securities
GainLossonConversionofConvertibleSecurities
11463000 USD
amh Gain Losson Saleof Real Estate Including Impairment Expense
GainLossonSaleofRealEstateIncludingImpairmentExpense
0 USD
amh Gain Losson Saleof Real Estate Including Impairment Expense
GainLossonSaleofRealEstateIncludingImpairmentExpense
-8000 USD
amh Increase Decreasein Accounts Payableand Accrued Expense Including Acquisition Adjustments
IncreaseDecreaseinAccountsPayableandAccruedExpenseIncludingAcquisitionAdjustments
6267000 USD
amh Increase Decreasein Accounts Payableand Accrued Expense Including Acquisition Adjustments
IncreaseDecreaseinAccountsPayableandAccruedExpenseIncludingAcquisitionAdjustments
12071000 USD
amh Increase Decreasein Deferred Costand Intangible Assets
IncreaseDecreaseinDeferredCostandIntangibleAssets
6000000 USD
CY2015Q4 amh Longterm Debt Before Issuances Costs Netof Discounts
LongtermDebtBeforeIssuancesCostsNetofDiscounts
2580962000 USD
CY2016Q2 amh Longterm Debt Before Issuances Costs Netof Discounts
LongtermDebtBeforeIssuancesCostsNetofDiscounts
3146999000 USD
amh Numberof Top Markets Usedfor Purchase Price Index
NumberofTopMarketsUsedforPurchasePriceIndex
20 market
CY2015Q2 amh Other Revenue
OtherRevenue
1644000 USD
amh Other Revenue
OtherRevenue
3009000 USD
CY2016Q2 amh Other Revenue
OtherRevenue
4504000 USD
amh Other Revenue
OtherRevenue
8489000 USD
amh Payments For Investment In Unconsolidated Joint Ventures
PaymentsForInvestmentInUnconsolidatedJointVentures
10003000 USD
amh Payments For Investment In Unconsolidated Joint Ventures
PaymentsForInvestmentInUnconsolidatedJointVentures
0 USD
amh Payments For Maintenance Capital Expenditures
PaymentsForMaintenanceCapitalExpenditures
15925000 USD
amh Payments For Maintenance Capital Expenditures
PaymentsForMaintenanceCapitalExpenditures
12675000 USD
amh Payments On Asset Backed Securitizations
PaymentsOnAssetBackedSecuritizations
8557000 USD
amh Proceedsfrom Saleof Loans Securedby Real Estate Mortgages
ProceedsfromSaleofLoansSecuredbyRealEstateMortgages
0 USD
amh Payments On Asset Backed Securitizations
PaymentsOnAssetBackedSecuritizations
12762000 USD
amh Paymentsto Acquire Businesses Repaymentof Lineof Credit
PaymentstoAcquireBusinessesRepaymentofLineofCredit
0 USD
amh Proceeds From Asset Backed Securitizations
ProceedsFromAssetBackedSecuritizations
0 USD
amh Proceedsfrom Saleof Loans Securedby Real Estate Mortgages
ProceedsfromSaleofLoansSecuredbyRealEstateMortgages
16405000 USD
amh Paymentsto Acquire Businesses Repaymentof Lineof Credit
PaymentstoAcquireBusinessesRepaymentofLineofCredit
350000000 USD
amh Preferred Derivative Liability Issuance
PreferredDerivativeLiabilityIssuance
0 USD
amh Preferred Derivative Liability Issuance
PreferredDerivativeLiabilityIssuance
0 USD
amh Preferred Stock Changein Control Redemption Period
PreferredStockChangeinControlRedemptionPeriod
P120D
amh Preferred Stock Cumulative Change In Value Of Index Based On Purchase Prices
PreferredStockCumulativeChangeInValueOfIndexBasedOnPurchasePrices
0.5
amh Proceeds From Asset Backed Securitizations
ProceedsFromAssetBackedSecuritizations
552830000 USD
CY2015Q4 amh Secured Debt Asset Backed Securitizations Before Issuance Costs Netof Discount
SecuredDebtAssetBackedSecuritizationsBeforeIssuanceCostsNetofDiscount
2530210000 USD
CY2016Q2 amh Secured Debt Asset Backed Securitizations Before Issuance Costs Netof Discount
SecuredDebtAssetBackedSecuritizationsBeforeIssuanceCostsNetofDiscount
2848270000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Period End Date
DocumentPeriodEndDate
2016-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001562401
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
American Homes 4 Rent
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
154751000 USD
CY2016Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
215307000 USD
CY2015Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1173000 USD
CY2016Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
288000 USD
CY2015Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
46024000 USD
CY2016Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
85039000 USD
CY2015Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
16275000 USD
CY2016Q2 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
15939000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-102000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3554063000 USD
CY2016Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4462743000 USD
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
6970000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1853000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3000000 USD
CY2016Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2700000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3500000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5279000 USD
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
74064994 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
74064994 shares
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
95712110 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
95712110 shares
CY2015Q4 us-gaap Assets
Assets
6751219000 USD
CY2016Q2 us-gaap Assets
Assets
8252400000 USD
CY2015Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-8597000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-19308000 USD
CY2016Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-3753000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-17926000 USD
CY2015Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
185678000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
344928000 USD
CY2016Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
220972000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
438234000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
15499000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
108787000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
90657000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57686000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
270369000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-18130000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
212683000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17665000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-35455000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10325000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14662000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3728000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7684000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-778000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3058000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-8368000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-16633000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-3691000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1377000 USD
CY2015Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
11429000 USD
CY2016Q2 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
10418000 USD
CY2015Q4 us-gaap Convertible Debt
ConvertibleDebt
0 USD
CY2016Q2 us-gaap Convertible Debt
ConvertibleDebt
106434000 USD
CY2015Q2 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
71439000 USD
us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
130647000 USD
CY2016Q2 us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
95585000 USD
us-gaap Cost Of Real Estate Revenue
CostOfRealEstateRevenue
180586000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2580962000 USD
CY2016Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3166858000 USD
CY2015Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
8692000 USD
CY2016Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
12866000 USD
CY2015Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
12454000 USD
CY2016Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
12804000 USD
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
56567000 USD
CY2016Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
52493000 USD
CY2015Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
59221000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
112885000 USD
CY2016Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
79604000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
149121000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112885000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
149121000 USD
CY2015Q4 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2016Q2 us-gaap Derivative Assets
DerivativeAssets
0 USD
us-gaap Dividends Common Stock
DividendsCommonStock
24038000 USD
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2014Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
57960000 USD
CY2015Q2 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
57260000 USD
CY2015Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
62790000 USD
CY2016Q2 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
63240000 USD
CY2015Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
580000 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
700000 USD
CY2016Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-150000 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-450000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5770000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
1656000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6276000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12407000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7346000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15403000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
120655000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
120655000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-8398000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-16663000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3753000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1275000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-273000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-261000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
60500000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5305000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6977000 USD
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
5421000 USD
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
4080000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
6211000 USD
us-gaap Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
-5250000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
9223000 USD
us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
12370000 USD
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-2546000 USD
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-3807000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
8416000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-9223000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-12394000 USD
CY2015Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
23913000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
44152000 USD
CY2016Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
35840000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
67453000 USD
CY2015Q2 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
1910000 USD
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
6479000 USD
CY2016Q2 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
359000 USD
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
995000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
22003000 USD
us-gaap Interest Expense
InterestExpense
37673000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
35481000 USD
us-gaap Interest Expense
InterestExpense
66458000 USD
us-gaap Interest Paid
InterestPaid
33431000 USD
us-gaap Interest Paid
InterestPaid
58865000 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5469533000 USD
CY2016Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
6450233000 USD
CY2015Q4 us-gaap Land
Land
1229017000 USD
CY2016Q2 us-gaap Land
Land
1475312000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
2815986000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
3373053000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6751219000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8252400000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2016Q2 us-gaap Line Of Credit
LineOfCredit
142000000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
2524395000 USD
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
3094506000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
675888000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
749535000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5905000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
455575000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
473488000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-577532000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-410188000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
103827000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
149383000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3730000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7686000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-761000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3075000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-17697000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35487000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10404000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14781000 USD
CY2015Q4 us-gaap Nontrade Receivables
NontradeReceivables
1000000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 USD
CY2016Q2 us-gaap Nontrade Receivables
NontradeReceivables
2000000 USD
CY2015Q4 us-gaap Notes Payable
NotesPayable
50752000 USD
CY2016Q2 us-gaap Notes Payable
NotesPayable
50295000 USD
CY2015Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
38780 single_family_property
CY2016Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
48038 single_family_property
CY2016Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
22 state
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
164749000 USD
us-gaap Operating Expenses
OperatingExpenses
306720000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
224575000 USD
us-gaap Operating Expenses
OperatingExpenses
425903000 USD
CY2015Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
137818000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
258498000 USD
CY2016Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
193491000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
361486000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
26031000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
33279000 USD
CY2015Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
30000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
30000 USD
CY2016Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
62000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
102000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
30000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
30000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
62000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
102000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-62000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-102000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
30000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
30000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2015Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
840000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1534000 USD
CY2016Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2087000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3340000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
93655000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
17529000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
3113000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
330000 USD
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
0 USD
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
291000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13860000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
390000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21148000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24038000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
12108000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
11138000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12981000 USD
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
0 USD
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
20056000 USD
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
7731000 USD
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
0 USD
us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
438689000 USD
us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
61966000 USD
us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
0 USD
us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
0 USD
CY2015Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5569000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
11138000 USD
CY2016Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7412000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
12981000 USD
CY2016Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25
CY2016Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
460200000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
17060000 shares
CY2016Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
37010000 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
17060000 shares
CY2016Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
37010000 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
171000 USD
CY2016Q2 us-gaap Preferred Stock Value
PreferredStockValue
370000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
482726000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
628000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
626000000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
0 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
15493000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1682000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-8398000 USD
us-gaap Profit Loss
ProfitLoss
-16663000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-3753000 USD
us-gaap Profit Loss
ProfitLoss
1275000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2785000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2483000 USD
CY2015Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
7432000 USD
CY2016Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
131762000 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
416044000 USD
CY2016Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
535648000 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6705982000 USD
CY2016Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
8057307000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6289938000 USD
CY2016Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7521659000 USD
us-gaap Real Estate Period Increase Decrease
RealEstatePeriodIncreaseDecrease
1200000000 USD
CY2015Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
153628000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
285376000 USD
CY2016Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
220972000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
416165000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
658000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
484000000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
444000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
457000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
111282000 USD
CY2016Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
133996000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-296865000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-335684000 USD
CY2015Q4 us-gaap Secured Debt
SecuredDebt
2473643000 USD
CY2016Q2 us-gaap Secured Debt
SecuredDebt
2795777000 USD
CY2015Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
53819000 USD
CY2016Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
70344000 USD
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
734000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1430000 USD
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
983000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1853000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
530460000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
-69957000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
482726000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1547000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
96098000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
3259345000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
4129812000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3935233000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4879347000 USD
CY2015Q2 us-gaap Tenant Reimbursements
TenantReimbursements
11962000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
20334000 USD
CY2016Q2 us-gaap Tenant Reimbursements
TenantReimbursements
20253000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
41269000 USD
CY2015Q2 us-gaap Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
2143000 USD
us-gaap Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
3981000 USD
CY2016Q2 us-gaap Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
0 USD
us-gaap Unrealized Gain Loss On Hybrid Instrument Net
UnrealizedGainLossOnHybridInstrumentNet
0 USD
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
211487164 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
211484461 shares
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
238481265 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
228819566 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:underline;"></font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:underline;">Organization and Operations</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">American Homes 4 Rent (the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;our&#8221; and &#8220;us&#8221;) is a Maryland real estate investment trust (&#8220;REIT&#8221;) formed on October&#160;19, 2012. We are focused on acquiring, renovating, leasing and operating single-family homes as rental properties. As of </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company held </font><font style="font-family:inherit;font-size:10pt;">48,038</font><font style="font-family:inherit;font-size:10pt;"> single-family properties in </font><font style="font-family:inherit;font-size:10pt;">22</font><font style="font-family:inherit;font-size:10pt;"> states, including </font><font style="font-family:inherit;font-size:10pt;">1,582</font><font style="font-family:inherit;font-size:10pt;"> properties held for sale.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From our formation through June&#160;10, 2013, we were externally managed and advised by American Homes 4 Rent Advisor, LLC (the &#8220;Advisor&#8221;) and the leasing, managing and advertising of our properties was overseen and directed by American Homes 4 Rent Management Holdings, LLC (the &#8220;Property Manager&#8221;), both of which were subsidiaries of American Homes 4 Rent, LLC (&#8220;AH LLC&#8221;). On June&#160;10, 2013, we acquired the Advisor and the Property Manager from AH LLC in exchange for </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">4,375,000</font><font style="font-family:inherit;font-size:10pt;"> Series&#160;D units and </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">4,375,000</font><font style="font-family:inherit;font-size:10pt;"> Series&#160;E units in American Homes 4 Rent, L.P. (the &#8220;operating partnership&#8221;) (the &#8220;Management Internalization&#8221;). Under the terms of the contribution agreement, all administrative, financial, property management, marketing and leasing personnel, including executive management, became fully dedicated to us. Since the date of the Management Internalization, the Company has consolidated the Advisor and the Property Manager and the results of these operations are reflected in the condensed consolidated financial statements.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to the Management Internalization, AH LLC exercised control over the Company through the contractual rights provided to the Advisor through an advisory management agreement. Accordingly, the contribution of certain properties by AH LLC to the Company prior to the Management Internalization have been deemed to be transactions between entities under common control, and as such, the accounts relating to the properties contributed have been recorded by us as if they had been acquired by us on the dates such properties were acquired by AH LLC. Accordingly, the condensed consolidated financial statements include AH LLC&#8217;s historical carrying values of the properties that had been acquired by AH LLC.</font></div></div>

Files In Submission

Name View Source Status
0001562401-16-000098-index-headers.html Edgar Link pending
0001562401-16-000098-index.html Edgar Link pending
0001562401-16-000098.txt Edgar Link pending
0001562401-16-000098-xbrl.zip Edgar Link pending
amh-20160630.xml Edgar Link completed
amh-20160630.xsd Edgar Link pending
amh-20160630_cal.xml Edgar Link unprocessable
amh-20160630_def.xml Edgar Link unprocessable
amh-20160630_lab.xml Edgar Link unprocessable
amh-20160630_pre.xml Edgar Link unprocessable
amh0630201610q.htm Edgar Link pending
amh0630201610qexhibit311.htm Edgar Link pending
amh0630201610qexhibit312.htm Edgar Link pending
amh0630201610qexhibit321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending