v3.26.1
Investments in Unconsolidated Joint Ventures - Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
jointVenture
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
extensionOption
Jun. 30, 2024
USD ($)
Jun. 30, 2026
USD ($)
jointVenture
Jun. 30, 2025
USD ($)
Schedule of Equity Method Investments [Line Items]            
Gain on sale and impairment of single-family properties and other, net $ 59,432 $ 51,908     $ 137,876 $ 113,924
Management fee and development fee income | Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Management fee and development fee income 4,100 3,600     8,000 7,200
Gain on sale and impairment of single-family properties and other, net $ 0 $ 0     $ 0 $ 0
Four Unconsolidated Joint Ventures            
Schedule of Equity Method Investments [Line Items]            
Ownership percentage 20.00%       20.00%  
Number of joint ventures | jointVenture 4       4  
Institutional Investor JV            
Schedule of Equity Method Investments [Line Items]            
Ownership percentage 20.00%       20.00%  
Institutional Investor JV | Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Guarantor obligation term       3 years    
Maximum borrowing limit       $ 232,700    
Basis spread on variable rate       1.90%    
Maximum exposure $ 232,700       $ 232,700  
J.P. Morgan JV I            
Schedule of Equity Method Investments [Line Items]            
Ownership percentage 20.00%       20.00%  
J.P. Morgan JV I | Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Guarantor obligation term     3 years      
Maximum borrowing limit     $ 500,000      
Basis spread on variable rate     1.50%      
Number of extension options | extensionOption     1      
Maximum exposure $ 498,900       $ 498,900  
Extension period     1 year