Investments in Single-Family Residential Properties (Tables)

3 Months Ended

Mar. 31, 2020

Real Estate [Abstract]

Schedule of property carrying amount

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

	March 31, 2020			December 31, 2019
Land	$	4,498,591		$	4,499,346
Single-family residential property	13,218,445			13,121,179
Capital improvements	512,520			513,269
Equipment	113,334			113,370
Total gross investments in the properties	18,342,890			18,247,164
Less: accumulated depreciation	(2,126,400		)	(2,003,972		)
Investments in single-family residential properties, net	$	16,216,490		$	16,243,192