v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities          
Net loss $ (41,187) $ (69,964) $ (84,548) $ (109,115)  
Adjustments to reconcile net loss to net cash provided by operating activities:          
Gain on sales and impairment of real estate, net (8,104) (2,845) (5,611) (2,381)  
Depreciation and amortization     57,195 62,197  
Non-cash interest expense     16,717 12,299  
Change in fair value of interest rate derivatives     (1,745) (10,415)  
Reversal of loan losses (0) (0) 0 (500)  
Net cash received (paid) on derivative settlements and premiums     (4,642) 14,480  
Loss on extinguishment of debt 664 195 1,177 353  
Equity-based compensation     7,276 43,627  
Loss on forfeited deposits     41 1,409  
Changes in operating assets and liabilities, net of effects of sales and acquisitions:          
Accounts receivable     564 (1,843)  
Prepaids and other assets     (17,136) (16,584)  
Accounts payable and other accrued liabilities     12,448 6,387  
Accrued real estate taxes payable     4,378 1,124  
Accrued interest payable     3,887 (1,253)  
Net cash used in operating activities     (9,999) (215)  
Cash flows from investing activities          
Net proceeds from sales of investment     (20) 302  
Additions to internal use software     (475) 0  
Net proceeds from sales of real estate     184,683 83,875  
Insurance proceeds received     0 3,492  
Acquisitions of real estate investments     (78,069) (18,501)  
Additions to real estate investments     (41,084) (23,196)  
Net cash provided by investing activities     65,035 45,972  
Cash flows from financing activities          
Notes payable proceeds received     20,000 28,719  
Notes payable payments     (146,563) (43,245)  
Credit facilities proceeds received     64,900 13,710  
Credit facilities principal payments     0 (16,650)  
Financing costs paid     (1,209) (1,635)  
Payment penalties on extinguished debt     (1,177) 0  
Redemptions of Class A common stock paid     (5,983) (1,907)  
Dividends paid to common stockholders     (19,055) (15,642)  
Payments for taxes related to net share settlement of stock-based compensation     (3,269) (4,360)  
Net cash used in financing activities     (105,891) (52,756)  
Change in cash and restricted cash     (50,855) (6,999)  
Cash and restricted cash, beginning of period     145,185 84,632 $ 84,632
Cash and restricted cash, end of period 94,330 77,633 94,330 77,633 $ 145,185
Supplemental Disclosure of Cash Flow Information          
Interest paid, net of amount capitalized     62,560 59,413  
Cash paid for income and franchise taxes     151 0  
Supplemental Disclosure of Noncash Activities          
Assumed liabilities in asset acquisitions     132 0  
Accrued distributions payable to redeemable noncontrolling interests in the OP     0 1,052  
Accrued redemptions payable to common stockholders     2,089 990  
Accrued capital expenditures     2,695 622  
Accretion to redemption value of Redeemable Series A preferred stock     337 337  
Issuance of Class A common stock related to DRIP dividends     9,786 11,412  
DRIP dividends to common stockholders     (9,786) (11,412)  
VineBrook Homes OP, LP          
Cash flows from financing activities          
Contributions from redeemable noncontrolling interests in the OP     198 1,048  
Distributions to redeemable noncontrolling interests in the OP     (5,609) (4,380)  
Redemptions by redeemable noncontrolling interests     (27) 0  
Supplemental Disclosure of Noncash Activities          
Contributions from redeemable noncontrolling interests in related to DRIP distributions     349 412  
DRIP distributions to redeemable noncontrolling interests     (349) (412)  
Variable Interest Entity, Primary Beneficiary          
Cash flows from financing activities          
Redemptions by redeemable noncontrolling interests     (6) 0  
Contributions from noncontrolling interests in consolidated VIEs     68 307  
Distributions to noncontrolling interests in consolidated VIEs     (394) (424)  
Redemptions by noncontrolling interests in consolidated VIEs     (680) (1,211)  
Supplemental Disclosure of Noncash Activities          
Contributions from redeemable noncontrolling interests in related to DRIP distributions     158 172  
DRIP distributions to redeemable noncontrolling interests     (2,963) (2,786)  
Contributions from redeemable noncontrolling interests in consolidated VIEs related to DRIP distributions     2,963 2,786  
DRIP distributions to noncontrolling interests in consolidated VIEs     (158) (172)  
Common Class A          
Supplemental Disclosure of Noncash Activities          
Accrued dividends payable to common stockholders 704 807 704 807  
Series B Preferred Stock          
Cash flows from financing activities          
Series B Preferred stock dividends paid     (3,026) (3,026)  
Series A Preferred Stock          
Cash flows from financing activities          
Series B Preferred stock dividends paid     (4,059) (4,060)  
Supplemental Disclosure of Noncash Activities          
Accrued dividends payable to common stockholders $ 2,030 $ 4,060 $ 2,030 $ 4,060