CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Activities:
Net income	$ 93,003	$ 57,722
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	155,796	144,501
Share-based compensation expense	6,646	5,814
Amortization of deferred leasing costs	2,198	2,735
Amortization of deferred financing costs	3,538	3,510
Amortization of debt discounts	462	1,414
Provisions for impairment	101	431
(Gains) losses on investments in equity securities, net	3,032	3,140
Gain on sale of property, net of tax	(18,026)	(14,484)
Change in fair value of derivative instruments	2,400	3,622
(Income) loss from investments in unconsolidated joint ventures, net of operating distributions	2,432	(253)
Other non-cash amounts included in net income	458	1,103
Changes in operating assets and liabilities:
Other assets, net	(1,059)	(2,803)
Accounts payable and accrued expenses	(15,291)	34,297
Resident security deposits	2,841	2,269
Other liabilities	(3,497)	(2,430)
Net cash provided by operating activities	235,034	240,588
Investing Activities:
Amounts deposited and held by others	(16,822)	(3,330)
Acquisition of single-family residential properties	(202,534)	(127,467)
Initial renovations to single-family residential properties	(36,319)	(22,489)
Other capital expenditures for single-family residential properties	(40,850)	(34,855)
Proceeds from sale of single-family residential properties	48,364	69,329
Repayment proceeds from retained debt securities	202	728
Proceeds from sale of investments in equity securities	5,762	0
Investments in unconsolidated joint ventures	(34,700)	(5,000)
Non-operating distributions from unconsolidated joint ventures	230	671
Other investing activities	(12,559)	(143)
Net cash (used in) provided by investing activities	(289,226)	(122,556)
Financing Activities:
Payment of dividends and dividend equivalents	(134,825)	(97,230)
Distributions to non-controlling interests	(580)	(605)
Payment of taxes related to net share settlement of RSUs	(10,972)	(7,413)
Payments on mortgage loans	(4,835)	(13,022)
Proceeds from issuance of common stock, net	83,959	0
Other financing activities	(14,264)	(709)
Net cash provided by (used in) financing activities	(81,517)	(118,979)
Change in cash, cash equivalents, and restricted cash	(135,709)	(947)
Cash, cash equivalents, and restricted cash, beginning of period (Note 4)	818,858	411,768
Cash, cash equivalents, and restricted cash, end of period (Note 4)	683,149	410,821
Supplemental cash flow disclosures:
Interest paid, net of amounts capitalized	66,229	78,171
Cash paid for income taxes	400	331
Operating cash flows from operating leases	1,557	1,515
Financing cash flows from finance leases	672	678
Non-cash investing and financing activities:
Accrued renovation improvements at period end	11,307	4,540
Accrued residential property capital improvements at period end	11,097	7,077
Transfer of residential property, net to other assets, net for held for sale assets	18,723	24,666
Change in other comprehensive loss from cash flow hedges	204,873	114,111
ROU assets obtained in exchange for finance lease liabilities	190	0
ROU assets obtained in exchange for operating lease liabilities	485	557
Net settlement of 2022 Convertible Notes in shares of common stock	$ 141,219	$ 0