2020 Form 10-K Financial Statement

#000156240121000041 Filed on February 26, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $1.183B $284.0M $1.143B
YoY Change 3.45% 5.07% 6.57%
Cost Of Revenue $540.2M $124.6M $520.8M
YoY Change 3.73% 5.95% 6.83%
Gross Profit $642.7M $159.4M $622.6M
YoY Change 3.23% 4.39% 6.35%
Gross Profit Margin 54.34% 56.13% 54.45%
Selling, General & Admin $48.50M $12.20M $43.20M
YoY Change 12.27% 45.24% 18.03%
% of Gross Profit 7.55% 7.65% 6.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $343.2M $83.20M $329.3M
YoY Change 4.21% 2.59% 3.33%
% of Gross Profit 53.39% 52.2% 52.89%
Operating Expenses $1.058B $96.90M $1.024B
YoY Change 3.38% 3.86% 4.65%
Operating Profit -$415.5M $62.50M -$401.0M
YoY Change 3.61% 5.22% 2.11%
Interest Expense $117.0M -$31.20M $127.1M
YoY Change -7.93% 1.63% 3.43%
% of Operating Profit -49.92%
Other Income/Expense, Net $1.707M $0.00 $8.171M
YoY Change -79.11% 580.92%
Pretax Income $154.8M $41.50M $156.3M
YoY Change -0.96% 19.6% 39.06%
Income Tax
% Of Pretax Income
Net Earnings $154.8M $37.40M $156.3M
YoY Change -0.92% 19.11% 38.97%
Net Earnings / Revenue 13.09% 13.17% 13.67%
Basic Earnings Per Share $0.28 $0.08 $0.29
Diluted Earnings Per Share $0.28 $0.08 $0.29
COMMON SHARES
Basic Shares Outstanding 306.6M shares 299.4M shares
Diluted Shares Outstanding 307.1M shares 299.9M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $137.1M $37.60M $37.60M
YoY Change 264.63% 24.09% 24.09%
Cash & Equivalents $137.1M $37.58M $37.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $41.50M $29.60M $29.60M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $178.6M $67.20M $67.20M
YoY Change 165.77% 13.32% 13.32%
LONG-TERM ASSETS
Property, Plant & Equipment $8.956B $8.552B $8.552B
YoY Change 4.73% 0.69% 0.69%
Goodwill $120.3M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $93.10M $67.94B
YoY Change
Other Assets $184.8M $333.3M $333.3M
YoY Change -44.55% 10.51% 10.51%
Total Long-Term Assets $9.415B $9.033B $9.033B
YoY Change 4.23% 1.01% 1.01%
TOTAL ASSETS
Total Short-Term Assets $178.6M $67.20M $67.20M
Total Long-Term Assets $9.415B $9.033B $9.033B
Total Assets $9.594B $9.100B $9.100B
YoY Change 5.42% 1.1% 1.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.0K $5.000M $5.000M
YoY Change -92.0% 2400.0% 2400.0%
Accrued Expenses $194.3M $153.3M $153.3M
YoY Change 26.74% 13.05% 13.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $303.8M $247.8M $247.8M
YoY Change 22.6% 10.53% 10.53%
LONG-TERM LIABILITIES
Long-Term Debt $2.817B $2.834B $2.834B
YoY Change -0.57% 1.07% 1.07%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.817B $2.834B $2.834B
YoY Change -0.57% 1.07% 1.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $303.8M $247.8M $247.8M
Total Long-Term Liabilities $2.817B $2.834B $2.834B
Total Liabilities $3.805B $3.081B $3.765B
YoY Change 1.06% 1.77% 0.41%
SHAREHOLDERS EQUITY
Retained Earnings -$465.4M
YoY Change -5.26%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.789B $5.335B $5.335B
YoY Change
Total Liabilities & Shareholders Equity $9.594B $9.100B $9.100B
YoY Change 5.42% 1.1% 1.1%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $154.8M $37.40M $156.3M
YoY Change -0.92% 19.11% 38.97%
Depreciation, Depletion And Amortization $343.2M $83.20M $329.3M
YoY Change 4.21% 2.59% 3.33%
Cash From Operating Activities $474.1M $37.50M $457.9M
YoY Change 3.54% 9.01% 11.44%
INVESTING ACTIVITIES
Capital Expenditures -$974.0M -$172.3M -$460.9M
YoY Change 111.33% 106.35% 68.58%
Acquisitions
YoY Change
Other Investing Activities $331.1M $19.50M $84.00M
YoY Change 294.17% -117.89% -120.95%
Cash From Investing Activities -$642.9M -$152.8M -$376.9M
YoY Change 70.6% -20.62% -44.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$414.1M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $269.8M -18.60M -$92.12M
YoY Change -392.87% -127.72% -135.99%
NET CHANGE
Cash From Operating Activities $474.1M 37.50M $457.9M
Cash From Investing Activities -$642.9M -152.8M -$376.9M
Cash From Financing Activities $269.8M -18.60M -$92.12M
Net Change In Cash $101.0M -133.9M -$11.10M
YoY Change -1009.94% 47.14% 45.81%
FREE CASH FLOW
Cash From Operating Activities $474.1M $37.50M $457.9M
Capital Expenditures -$974.0M -$172.3M -$460.9M
Free Cash Flow $1.448B $209.8M $918.8M
YoY Change 57.61% 77.95% 34.27%

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4808000 USD
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10554000 USD
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5360000 USD
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10392000 USD
CY2020 us-gaap Dividends Common Stock
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154829000 USD
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156260000 USD
CY2018 us-gaap Profit Loss
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CY2020 us-gaap Amortization Of Financing Costs
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CY2019 us-gaap Amortization Of Financing Costs
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CY2018 us-gaap Amortization Of Financing Costs
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CY2019 us-gaap Share Based Compensation
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CY2018 us-gaap Share Based Compensation
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CY2019 us-gaap Provision For Doubtful Accounts
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CY2018 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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-659000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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CY2019 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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0 USD
CY2018 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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1212000 USD
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-774000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
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509000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
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546000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
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CY2019 us-gaap Gain Loss On Sale Of Properties
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CY2018 us-gaap Gain Loss On Sale Of Properties
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CY2020 us-gaap Impairment Of Real Estate
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CY2019 us-gaap Impairment Of Real Estate
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Due From Related Parties
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290000 USD
CY2019 us-gaap Increase Decrease In Due From Related Parties
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230000 USD
CY2018 us-gaap Increase Decrease In Due From Related Parties
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50000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Payments To Acquire Residential Real Estate
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CY2019 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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221930000 USD
CY2018 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
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CY2019 us-gaap Payments To Acquire Interest In Joint Venture
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CY2018 us-gaap Payments To Acquire Interest In Joint Venture
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8400000 USD
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
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CY2019 us-gaap Equity Method Investment Dividends Or Distributions
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CY2018 us-gaap Equity Method Investment Dividends Or Distributions
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CY2019 amh Payments For Maintenance Capital Expenditures
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CY2018 amh Payments For Maintenance Capital Expenditures
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CY2020 amh Payments For Development Activities
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CY2019 amh Payments For Development Activities
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CY2018 amh Payments For Development Activities
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CY2019 us-gaap Payments To Acquire Other Productive Assets
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6121000 USD
CY2018 us-gaap Payments To Acquire Other Productive Assets
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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0 USD
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0 USD
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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0 USD
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34969000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
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7011000 USD
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11524000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
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10707000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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546000 USD
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22501000 USD
CY2019 us-gaap Repayments Of Accounts Receivable Securitization
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21517000 USD
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20847000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
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130000000 USD
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0 USD
CY2018 us-gaap Proceeds From Lines Of Credit
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405000000 USD
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CY2018 us-gaap Proceeds From Issuance Of Unsecured Debt
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CY2020 us-gaap Payments For Proceeds From Hedge Financing Activities
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CY2019 us-gaap Payments For Proceeds From Hedge Financing Activities
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0 USD
CY2018 us-gaap Payments For Proceeds From Hedge Financing Activities
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CY2020 us-gaap Repayments Of Senior Debt
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0 USD
CY2019 us-gaap Repayments Of Senior Debt
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0 USD
CY2018 us-gaap Repayments Of Senior Debt
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135093000 USD
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10381000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
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10701000 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
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11071000 USD
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61067000 USD
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59832000 USD
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58370000 USD
CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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55128000 USD
CY2019 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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55128000 USD
CY2018 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2019 us-gaap Payments Of Financing Costs
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CY2018 us-gaap Payments Of Financing Costs
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5100000 USD
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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255917000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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100958000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11095000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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164119000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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175214000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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182823000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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265077000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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164119000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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175214000 USD
CY2020 us-gaap Interest Paid Net
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109679000 USD
CY2019 us-gaap Interest Paid Net
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112980000 USD
CY2018 us-gaap Interest Paid Net
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105056000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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36544000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18276000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1921000 USD
CY2020 amh Transfer Of Completed Homebuilding Deliveries To Properties
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322024000 USD
CY2019 amh Transfer Of Completed Homebuilding Deliveries To Properties
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167652000 USD
CY2018 amh Transfer Of Completed Homebuilding Deliveries To Properties
TransferOfCompletedHomebuildingDeliveriesToProperties
94212000 USD
CY2020 us-gaap Contribution Of Property
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132439000 USD
CY2019 us-gaap Contribution Of Property
ContributionOfProperty
20448000 USD
CY2018 us-gaap Contribution Of Property
ContributionOfProperty
40942000 USD
CY2020 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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0 USD
CY2019 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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29474000 USD
CY2018 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
0 USD
CY2020 us-gaap Conversion Of Stock Amount Converted1
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0 USD
CY2019 us-gaap Conversion Of Stock Amount Converted1
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0 USD
CY2018 us-gaap Conversion Of Stock Amount Converted1
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28258000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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17105000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6089000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2020 amh Accrued Distributions To Affiliates Payable
AccruedDistributionsToAffiliatesPayable
4834000 USD
CY2019 amh Accrued Distributions To Affiliates Payable
AccruedDistributionsToAffiliatesPayable
4629000 USD
CY2018 amh Accrued Distributions To Affiliates Payable
AccruedDistributionsToAffiliatesPayable
71000 USD
CY2020 amh Accrued Distributions To Non Affiliates Payable
AccruedDistributionsToNonAffiliatesPayable
13612000 USD
CY2019 amh Accrued Distributions To Non Affiliates Payable
AccruedDistributionsToNonAffiliatesPayable
13024000 USD
CY2018 amh Accrued Distributions To Non Affiliates Payable
AccruedDistributionsToNonAffiliatesPayable
14173000 USD
CY2020 us-gaap Nature Of Operations
NatureOfOperations
Organization and Operations     American Homes 4 Rent (“AH4R” or the “General Partner”) is a Maryland real estate investment trust (“REIT”) formed on October 19, 2012 for the purpose of acquiring, developing, renovating, leasing and operating single-family homes as rental properties. American Homes 4 Rent, L.P., a Delaware limited partnership formed on October 22, 2012, and its consolidated subsidiaries (collectively, the “Operating Partnership” or the “OP”) is the entity through which the Company conducts substantially all of our business and owns, directly or through subsidiaries, substantially all of our assets. References to the “Company,” “we,” “our” and “us” mean collectively AH4R, the Operating Partnership and those entities/subsidiaries owned or controlled by AH4R and/or the Operating Partnership. As of December 31, 2020, the Company held 53,584 single-family properties in 22 states, including 711 properties classified as held for sale.    AH4R is the general partner of, and as of December 31, 2020 owned approximately 85.9% of the common partnership interest in, the Operating Partnership. The remaining 14.1% of the common partnership interest was owned by limited partners. As the sole general partner of the Operating Partnership, AH4R has exclusive control of the Operating Partnership’s day-to-day management. The Company’s management operates AH4R and the Operating Partnership as one business, and the management of AH4R consists of the same members as the management of the Operating Partnership. AH4R’s primary function is acting as the general partner of the Operating Partnership. The only material asset of AH4R is its partnership interest in the Operating Partnership. As a result, AH4R generally does not conduct business itself, other than acting as the sole general partner of the Operating Partnership, issuing equity from time to time and guaranteeing certain debt of the Operating Partnership. AH4R itself is not directly obligated under any indebtedness, but guarantees some of the debt of the Operating Partnership. The Operating Partnership owns substantially all of the assets of the Company, including the Company’s ownership interests in its joint ventures, either directly or through its subsidiaries, conducts the operations of the Company’s business and is structured as a limited partnership with no publicly traded equity. One difference between the Company and the Operating Partnership is $25.7 million of asset-backed securitization certificates issued by the Operating Partnership and purchased by AH4R. The asset-backed securitization certificates are recorded as an asset-backed securitization certificates receivable by the Company and as an amount due from affiliates by the Operating Partnership. AH4R contributes all net proceeds from its various equity offerings to the Operating Partnership. In return for those contributions, AH4R receives Operating Partnership units (“OP units”) equal to the number of shares it has issued in the equity offering. Based on the terms of the Agreement of Limited Partnership of the Operating Partnership, as amended, OP units can be exchanged for shares on a one-for-one basis. Except for net proceeds from equity issuances by AH4R, the Operating Partnership generates the capital required by the Company’s business through the Operating Partnership’s operations, by the Operating Partnership’s incurrence of indebtedness or through the issuance of OP units.
CY2020Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
22 state
CY2020Q4 amh Asset Backed Securitization Certificates
AssetBackedSecuritizationCertificates
25700000 USD
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
67900000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
60200000 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
189100000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
120300000 USD
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
137060000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37575000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30284000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
128017000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
126544000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
144930000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
265077000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
164119000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
175214000 USD
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
4900000 USD
CY2019 amh Number Of Disposals
NumberOfDisposals
2 bulk_disposition
CY2020Q4 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P1Y
CY2020 amh Lease Amortization Period
LeaseAmortizationPeriod
P1Y
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 state
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
8245388000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7986276000 USD
CY2020Q4 amh Real Estate Investment Property Undeveloped Land
RealEstateInvestmentPropertyUndevelopedLand
270767000 USD
CY2019Q4 amh Real Estate Investment Property Undeveloped Land
RealEstateInvestmentPropertyUndevelopedLand
224041000 USD
CY2020Q4 amh Real Estate Investment Property Properties Under Development
RealEstateInvestmentPropertyPropertiesUnderDevelopment
239598000 USD
CY2019Q4 amh Real Estate Investment Property Properties Under Development
RealEstateInvestmentPropertyPropertiesUnderDevelopment
131386000 USD
CY2020Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
129026000 USD
CY2019Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
209828000 USD
CY2019Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
30700000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1200000 USD
CY2020Q4 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P1Y
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
550012000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
32238000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
130000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
582380000 USD
CY2020Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
800000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
2700000 USD
CY2020Q4 amh Escrow Deposits Prepaid Expenses And Other Assets
EscrowDepositsPrepaidExpensesAndOtherAssets
51886000 USD
CY2019Q4 amh Escrow Deposits Prepaid Expenses And Other Assets
EscrowDepositsPrepaidExpensesAndOtherAssets
50709000 USD
CY2020Q4 amh Deferred Cost And Other Intangibles Net
DeferredCostAndOtherIntangiblesNet
4864000 USD
CY2019Q4 amh Deferred Cost And Other Intangibles Net
DeferredCostAndOtherIntangiblesNet
6840000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
35519000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
36834000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18772000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3836000 USD
CY2020Q4 amh Commercial Real Estate Vehiclesand Furniture Fixtures And Equipment Net
CommercialRealEstateVehiclesandFurnitureFixturesAndEquipmentNet
52130000 USD
CY2019Q4 amh Commercial Real Estate Vehiclesand Furniture Fixtures And Equipment Net
CommercialRealEstateVehiclesandFurnitureFixturesAndEquipmentNet
42742000 USD
CY2020Q4 amh Deposits Prepaid Expense And Other Assets
DepositsPrepaidExpenseAndOtherAssets
163171000 USD
CY2019Q4 amh Deposits Prepaid Expense And Other Assets
DepositsPrepaidExpenseAndOtherAssets
140961000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
3782000 USD
CY2019Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
3738000 USD
CY2020Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
11244000 USD
CY2019Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
11244000 USD
CY2020Q4 amh Deferred Costs And Intangible Assets Gross
DeferredCostsAndIntangibleAssetsGross
15026000 USD
CY2019Q4 amh Deferred Costs And Intangible Assets Gross
DeferredCostsAndIntangibleAssetsGross
17082000 USD
CY2020Q4 amh Deferred Costs And Intangible Assets Accumulated Amortization
DeferredCostsAndIntangibleAssetsAccumulatedAmortization
10162000 USD
CY2019Q4 amh Deferred Costs And Intangible Assets Accumulated Amortization
DeferredCostsAndIntangibleAssetsAccumulatedAmortization
10242000 USD
CY2020Q4 amh Deferred Costs And Intangible Assets Net
DeferredCostsAndIntangibleAssetsNet
4864000 USD
CY2019Q4 amh Deferred Costs And Intangible Assets Net
DeferredCostsAndIntangibleAssetsNet
6840000 USD
CY2020 amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
4100000 USD
CY2019 amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
8000000.0 USD
CY2018 amh Amortization Of Intangible Assets And Deferred Leasing Fees
AmortizationOfIntangibleAssetsAndDeferredLeasingFees
11000000.0 USD
CY2018 amh Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
2000000.0 USD
CY2020 amh Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
2000000.0 USD
CY2019 amh Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
2000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3896000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
968000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4864000 USD
CY2020Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.20
CY2020Q4 amh Number Of Joint Ventures
NumberOfJointVentures
3 joint_venture
CY2020Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.20
CY2020Q4 amh Equity Method Investments Completed Homes
EquityMethodInvestmentsCompletedHomes
1293 bulk_disposition
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
93109000000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
67935000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2848492000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2870993000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3658000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4143000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
27422000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
33353000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
2817412000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
2833497000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
20714000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
20714000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20714000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
954439000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
10302000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1821609000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2848492000 USD
CY2020 amh Debt Instrument Minimum Coverage Ratio
DebtInstrumentMinimumCoverageRatio
1.20
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
137034000 USD
CY2019 us-gaap Interest Costs Incurred
InterestCostsIncurred
138211000 USD
CY2018 us-gaap Interest Costs Incurred
InterestCostsIncurred
129571000 USD
CY2020 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
19996000 USD
CY2019 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
11097000 USD
CY2018 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
6671000 USD
CY2020 us-gaap Interest Expense
InterestExpense
117038000 USD
CY2019 us-gaap Interest Expense
InterestExpense
127114000 USD
CY2018 us-gaap Interest Expense
InterestExpense
122900000 USD
CY2020Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
90621000 USD
CY2019Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
84832000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
48689000 USD
CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
44280000 USD
CY2020Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
42483000 USD
CY2019Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
20435000 USD
CY2020Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
24421000 USD
CY2019Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
19970000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
23018000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
23090000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
19166000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3916000 USD
CY2020Q4 amh Distributions Payable
DistributionsPayable
13612000 USD
CY2019Q4 amh Distributions Payable
DistributionsPayable
13024000 USD
CY2020Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
432000 USD
CY2019Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
5037000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
36507000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
28609000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
298949000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
243193000 USD
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
35350000 shares
CY2020Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
883750000 USD
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
35350000 shares
CY2019Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
883750000 USD
CY2020Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25.00
CY2020Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25.00
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
60200000 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
189100000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14455000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
15221000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4165000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9834000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4808000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3433000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
154829000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
156260000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
112438000 USD
CY2020 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
14455000 USD
CY2019 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
15221000 USD
CY2018 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
4165000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
55128000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
55128000 USD
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
52586000 USD
CY2020 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
0 USD
CY2019 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
0 USD
CY2018 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
32215000 USD
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
217000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
166000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
85000 USD
CY2020 amh Net Income Loss Available To Common Stockholders Including Allocation To Participating Securities Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAllocationToParticipatingSecuritiesBasic
85029000 USD
CY2019 amh Net Income Loss Available To Common Stockholders Including Allocation To Participating Securities Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAllocationToParticipatingSecuritiesBasic
85745000 USD
CY2018 amh Net Income Loss Available To Common Stockholders Including Allocation To Participating Securities Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAllocationToParticipatingSecuritiesBasic
23387000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
306613197 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
299415397 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
293640500 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
461550 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
503569 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
627830 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
307074747 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
299918966 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
294268330 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2018Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
9600000 USD
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
1000000.0 USD
CY2017Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
29470000 USD
CY2018 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
28258000 USD
CY2018 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
1212000 USD
CY2018Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
0 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
3447000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
2612000 USD
CY2018 us-gaap Operating Lease Cost
OperatingLeaseCost
2829000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
0 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
0 USD
CY2018 us-gaap Sublease Income
SubleaseIncome
347000 USD
CY2020 us-gaap Lease Cost
LeaseCost
3447000 USD
CY2019 us-gaap Lease Cost
LeaseCost
2612000 USD
CY2018 us-gaap Lease Cost
LeaseCost
2482000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y8M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.029
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.033
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2104000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2862000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2533000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2452000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2100000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9889000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
21940000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2774000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
19166000 USD
CY2020Q4 amh Numberof Real Estate Properties Heldfor Salein Escrow
NumberofRealEstatePropertiesHeldforSaleinEscrow
97 singleFamilyProperty
CY2019Q4 amh Numberof Real Estate Properties Heldfor Salein Escrow
NumberofRealEstatePropertiesHeldforSaleinEscrow
305 singleFamilyProperty
CY2020Q4 amh Expected Proceedsfrom Saleof Property Heldforsale
ExpectedProceedsfromSaleofPropertyHeldforsale
24000000.0 USD
CY2019Q4 amh Expected Proceedsfrom Saleof Property Heldforsale
ExpectedProceedsfromSaleofPropertyHeldforsale
57500000 USD
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2000000.0 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1600000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1300000 USD
CY2020 srt Sec Schedule Iii Real Estate Number Of Units
SECScheduleIIIRealEstateNumberOfUnits
53584 singleFamilyProperty
CY2020Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
3092110000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
2097459000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
7087153000 USD
CY2020Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
44563000 USD
CY2020Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
1429510000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
2142022000 USD
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
8516663000 USD
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10658685000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1773906000 USD
CY2020Q4 us-gaap Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
8884779000 USD
CY2020Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
10700000000 USD

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