Investments in Single-Family Residential Properties (Tables)

9 Months Ended

Sep. 30, 2018

Real Estate [Abstract]

Schedule of property carrying amount

The following table sets forth the net carrying amount associated with our properties by component:

	September 30, 2018			December 31, 2017
Land	$	4,575,697		$	4,646,917
Single-family residential property	12,996,911			13,084,156
Capital improvements	536,157			536,297
Equipment	117,407			120,528
Total gross investments in the properties	18,226,172			18,387,898
Less: accumulated depreciation	(1,423,820		)	(1,075,634		)
Investments in single-family residential properties, net	$	16,802,352		$	17,312,264