CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Operating Activities:
Net loss	$ (30,727)	$ (59,372)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	430,321	202,558
Share-based compensation expense	23,582	64,464
Amortization of deferred leasing costs	8,549	9,249
Amortization of deferred financing costs	17,825	19,550
Amortization of debt discounts	6,816	202
Provisions for impairment	3,570	1,556
Gain on sale of property, net of tax	(20,955)	(28,239)
Change in fair value of derivative instruments	8,798	3,992
Other noncash amounts included in net loss	3,932	(1,907)
Changes in operating assets and liabilities:
Other assets, net	(11,695)	(14,611)
Accounts payable and accrued expenses	83,355	71,417
Resident security deposits	4,616	2,463
Other liabilities	(14,906)	(885)
Net cash provided by operating activities	513,081	270,437
Investing Activities:
Amounts deposited and held by others	8,034	(2,146)
Acquisition of single-family residential properties	(184,485)	(154,154)
Initial renovations to single-family residential properties	(35,783)	(21,500)
Other capital expenditures for single-family residential properties	(104,800)	(34,010)
Corporate capital expenditures	(3,548)	(2,809)
Proceeds from sale of residential properties	201,752	152,713
Purchases of investments in debt securities	(163,719)	(51,920)
Repayment proceeds from retained debt securities	149,668	30,916
Other investing activities	(8,153)	0
Net cash used in investing activities	(141,034)	(82,910)
Financing Activities:
Proceeds from IPO, net of underwriting discounts	0	1,692,058
IPO costs paid	0	(2,757)
Payment of dividends and dividend equivalents	(172,554)	(43,906)
Distributions to non-controlling interests	(3,025)	0
Payment of taxes related to net share settlement of RSUs	(8,410)	(9,906)
Redemption of Series A Preferred Stock	0	(1,153)
Payments on credit facilities	0	(2,321,585)
Proceeds from mortgage loans	3,274,179	996,420
Payments on mortgage loans	(3,416,296)	(2,086,622)
Proceeds from term loan facility	0	1,500,000
Proceeds from revolving facility	210,000	0
Payments on revolving facility	(245,000)	0
Deferred financing costs paid	(42,492)	(42,065)
Other financing activities	(1,371)	0
Net cash used in financing activities	(404,969)	(319,516)
Change in cash, cash equivalents, and restricted cash	(32,922)	(131,989)
Cash, cash equivalents, and restricted cash, beginning of period (Note 4)	416,562	420,211
Cash, cash equivalents, and restricted cash, end of period (Note 4)	383,640	288,222
Supplemental cash flow disclosures:
Interest paid, net of amounts capitalized	259,007	164,054
Cash paid for income taxes	1,569	1,987
Noncash investing and financing activities:
Accrued renovation improvements at period end	5,901	5,537
Accrued residential property capital improvements at period end	9,690	4,426
Transfer of residential property, net to other assets, net for held for sale assets	370,900	52,051
Reclassification of IPO costs from other assets to additional paid-in capital	0	2,969
Change in other comprehensive income from cash flow hedges	97,465	8,167
Capital leases	$ 2,209	$ 0