v3.24.2.u1
Debt - Schedule of Debt (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2024
USD ($)
extensionOption
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
extensionOption
Jun. 30, 2023
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Debt Instrument [Line Items]              
Total debt   $ 5,055,355   $ 5,055,355     $ 4,517,158
Unamortized discounts on unsecured senior notes   (34,757)   (34,757)     (32,981)
Deferred financing costs, net   (28,008)   (28,008)     (22,530)
Total debt per balance sheet   4,992,590   4,992,590     4,461,647
Amortization of financing costs       5,960 $ 6,108    
Asset-backed securitizations, unsecured senior notes and term loan facility              
Debt Instrument [Line Items]              
Amortization of financing costs   1,600 $ 1,800 3,300 $ 3,500    
Secured Debt              
Debt Instrument [Line Items]              
Total debt   $ 1,405,355   $ 1,405,355     1,877,158
Secured Debt | AMH 2014-SFR2 securitization, net              
Debt Instrument [Line Items]              
Interest rate   4.42%   4.42%      
Total debt   $ 0   $ 0     461,498
Secured Debt | AMH 2014-SFR3 securitization, net              
Debt Instrument [Line Items]              
Interest rate   4.40%   4.40%      
Total debt   $ 472,900   $ 472,900     477,064
Secured Debt | AMH 2015-SFR1 securitization, net              
Debt Instrument [Line Items]              
Interest rate   4.14%   4.14%      
Total debt   $ 498,656   $ 498,656     502,299
Potential weighted-average interest rate increase contingent upon repayment       3.00%      
Secured Debt | AMH 2015-SFR2 securitization, net              
Debt Instrument [Line Items]              
Interest rate   4.36%   4.36%      
Total debt   $ 433,799   $ 433,799     436,297
Potential weighted-average interest rate increase contingent upon repayment       3.00%      
Senior Notes | 2028 unsecured senior notes              
Debt Instrument [Line Items]              
Interest rate   4.25%   4.25%      
Effective interest rate   4.08%   4.08%      
Total debt   $ 500,000   $ 500,000     500,000
Senior Notes | 2029 unsecured senior notes              
Debt Instrument [Line Items]              
Interest rate   4.90%   4.90%      
Total debt   $ 400,000   $ 400,000     400,000
Senior Notes | 2031 unsecured senior notes              
Debt Instrument [Line Items]              
Interest rate   2.38%   2.38%      
Effective interest rate   2.46%   2.46%      
Total debt   $ 450,000   $ 450,000     450,000
Senior Notes | 2032 unsecured senior notes              
Debt Instrument [Line Items]              
Interest rate   3.63%   3.63%      
Total debt   $ 600,000   $ 600,000     600,000
Senior Notes | 2034 unsecured senior notes I              
Debt Instrument [Line Items]              
Interest rate   5.50%   5.50%   5.50%  
Total debt   $ 600,000   $ 600,000     0
Deferred financing costs, net           $ (1,300)  
Senior Notes | 2034 unsecured senior notes II              
Debt Instrument [Line Items]              
Interest rate   5.50%   5.50%      
Total debt   $ 500,000   $ 500,000     0
Deferred financing costs, net   $ (1,100)   $ (1,100)      
Senior Notes | 2051 unsecured senior notes              
Debt Instrument [Line Items]              
Interest rate   3.38%   3.38%      
Total debt   $ 300,000   $ 300,000     300,000
Senior Notes | 2052 unsecured senior notes              
Debt Instrument [Line Items]              
Interest rate   4.30%   4.30%      
Total debt   $ 300,000   $ 300,000     300,000
Line of Credit | Revolving Credit Facility              
Debt Instrument [Line Items]              
Interest rate   6.33%   6.33%      
Total debt   $ 0   $ 0     90,000
Maximum borrowing capacity   1,250,000   $ 1,250,000      
Number of extension options | extensionOption       2      
Extension period       6 months      
Outstanding letters of credit   $ 2,300   $ 2,300     $ 2,700
Basis spread on variable rate       0.90%      
Line of Credit | Revolving Credit Facility | Subsequent Event              
Debt Instrument [Line Items]              
Maximum borrowing capacity $ 1,250,000            
Number of extension options | extensionOption 2            
Extension period 6 months