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Investments in Single-Family Residential Properties - Net Carrying Amount of Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Real Estate [Abstract]    
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