v3.25.4
Debt - Schedule of Debt (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 25, 2025
Dec. 31, 2025
Oct. 17, 2025
May 15, 2025
Dec. 31, 2024
Oct. 31, 2024
Jul. 10, 2024
Sep. 20, 2019
Debt Instrument [Line Items]                
Debt   $ 2,726,197     $ 2,572,401      
Debt premium, net [1]   162     234      
Debt discount, net [2]   (79,822)     (89,128)      
Accumulated amortization, debt issuance costs   14,308     32,110      
Debt financing costs, net   (35,181)     (35,620)      
Debt payable, net   2,611,356     2,447,887      
VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   2,210,512     2,053,581      
NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   515,685     518,820      
Warehouse Facility                
Debt Instrument [Line Items]                
Debt   0     457,200 $ 475,000   $ 475,000
Warehouse Facility | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 0     457,183      
Debt instrument, interest rate [3]   6.69%            
Maturity   Sep. 11, 2025            
JPMorgan Chase Bank, N.A | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 0     97,350      
Debt instrument, interest rate [3]   6.72%            
Maturity   Oct. 17, 2025            
JPM Acquisition Facility | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 82,569     0      
Debt instrument, interest rate [3]   6.04%            
Maturity   Jul. 09, 2027            
Extension period 1 year              
JPM Term Loan | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 474,918     0      
Debt instrument, interest rate [3]   5.59%            
Maturity   Sep. 10, 2027            
Barings Term Loan                
Debt Instrument [Line Items]                
Debt instrument, interest rate     5.44%          
Barings Term Loan | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 323,039     0      
Debt instrument, interest rate [3]   5.44%            
Maturity   Oct. 17, 2030            
ABS I Loan | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 366,906     389,274      
Debt instrument, interest rate [3]   4.92%            
Maturity   Dec. 08, 2028            
ABS II Loan | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 397,117     402,334      
Debt instrument, interest rate [3]   4.65%            
Maturity   Mar. 09, 2029            
MetLife Note                
Debt Instrument [Line Items]                
Debt   $ 0     104,300      
MetLife Note | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 0     104,312      
Debt instrument, interest rate [3]   3.25%            
Maturity   Oct. 17, 2025            
MetLife Term Loan I                
Debt Instrument [Line Items]                
Debt   $ 308,900     340,100      
MetLife Term Loan I | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 308,910     340,099      
Debt instrument, interest rate [3]   4.50%            
Maturity   Aug. 22, 2029            
MetLife Term Loan II                
Debt Instrument [Line Items]                
Debt   $ 245,000     249,900      
MetLife Term Loan II | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 245,008     249,899      
Debt instrument, interest rate [3]   4.75%            
Maturity   Nov. 04, 2029            
TrueLane Mortgage | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 7,422     8,165      
Debt instrument, interest rate [3]   5.35%            
Maturity   Feb. 01, 2028            
Crestcore II Note | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 2,395     2,574      
Debt instrument, interest rate [3]   5.12%            
Maturity   Jul. 09, 2029            
Crestcore IV Note | VineBrook Homes, LLC                
Debt Instrument [Line Items]                
Debt   $ 2,228     2,391      
Debt instrument, interest rate [3]   5.12%            
Maturity   Jul. 09, 2029            
NexPoint Homes MetLife Note 1                
Debt Instrument [Line Items]                
Debt   $ 236,600     237,200      
NexPoint Homes MetLife Note 1 | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 236,604     237,173      
Debt instrument, interest rate [3]   3.72%            
Maturity   Mar. 03, 2027            
NexPoint Homes MetLife Note 2                
Debt Instrument [Line Items]                
Debt   $ 171,100     174,600      
NexPoint Homes MetLife Note 2 | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 171,122     174,590      
Debt instrument, interest rate [3]   5.44%            
Maturity   Aug. 12, 2027            
NexPoint Homes OSL Note | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 2,195   $ 2,200 0      
Debt instrument, interest rate [3]   9.75%            
Maturity   May 15, 2026            
SFR OP Note Payable I | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 0     500      
Debt instrument, interest rate [3]   8.80%            
Maturity   Apr. 25, 2025            
SFR OP Note Payable II                
Debt Instrument [Line Items]                
Debt   $ 0     500      
SFR OP Note Payable II | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 0     500      
Debt instrument, interest rate [3]   12.50%            
Maturity   Mar. 31, 2025            
SFR OP Note Payable III                
Debt Instrument [Line Items]                
Debt   $ 12,500     3,500      
SFR OP Note Payable III | Promisary Note                
Debt Instrument [Line Items]                
Debt             $ 15,000  
Debt instrument, interest rate             15.00%  
SFR OP Note Payable III | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 12,500     3,500      
Debt instrument, interest rate [3]   15.00%            
Maturity   Jul. 10, 2026            
SFR OP Convertible Notes | NexPoint Homes Portfolio                
Debt Instrument [Line Items]                
Debt   $ 93,264     $ 102,557      
Debt instrument, interest rate [3]   7.50%            
Maturity   Jun. 30, 2027            
[1] The Company reflected valuation adjustments on its assumed fixed rate debt to adjust it to fair market value on the dates of acquisition for the difference between the fair value and the assumed principal amount of debt. The difference is amortized into interest expense over the remaining terms of the debt.
[2] The Company reflected a discount on ABS I Loan, ABS II Loan, Barings Term Loan, MetLife Term Loan I Facilities and MetLife Term Loan II Facility (as defined below), which is amortized into interest expense over the remaining term of the debt.
[3] Represents the interest rate as of December 31, 2025. Except for fixed rate debt, the interest rate is 30-day average Secured Overnight Financing Rate (“SOFR”), daily SOFR or one-month term SOFR, plus an applicable margin. The 30-day average SOFR as of December 31, 2025 was 3.78659%, daily SOFR as of December 31, 2025 was 3.87000% and one-month term SOFR as of December 31, 2025 was 3.68751%.