Investments In Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

The following table summarizes our investments in unconsolidated joint ventures, which are accounted for using the equity method model of accounting, as of December 31, 2022 and 2021:

		Number of Properties Owned		Carrying Value
	Ownership Percentage	December 31, 2022	December 31, 2021	December 31, 2022		December 31, 2021
Pathway Property Company(1)	100.0%	340	N/A	$	131,542	$	—
2020 Rockpoint JV(2)	20.0%	2,610	2,004	70,103		54,579
FNMA(3)	10.0%	488	522	46,151		52,791
Pathway Operating Company(4)	15.0%	N/A	N/A	22,011		23,025
2022 Rockpoint JV(5)	16.7%	132	N/A	10,764		—
Total				$	280,571	$	130,395

(1)Owns homes in markets within the Western United States, Southeast United States, Florida, and Texas.

(2)Owns homes in markets within the Western United States, Southeast United States, Florida, and Texas.

(3)Owns homes within the Western United States.

(4)Represents an investment in an operating company that provides a technology platform and asset management services.

(5)Owns homes in markets within the Western United States, Southeast United States, Florida, and Texas.