Investments in Single-Family Residential Properties - Schedule of Net Carrying Amount of Properties (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real Estate [Abstract]
Land	$ 4,881,890	$ 4,800,110
Single-family residential property	15,977,256	15,228,631
Capital improvements	565,214	548,700
Equipment	127,536	123,494
Total gross investments in the properties	21,551,896	20,700,935
Less: accumulated depreciation	(4,262,682)	(3,670,561)
Investments in single-family residential properties, net	$ 17,289,214	$ 17,030,374