Investments in single-family residential properties, net
16,884,643
17,114,862
17,274,622
17,356,304
Cash and cash equivalents
75,786
114,129
129,971
155,370
Restricted cash
251,497
258,850
224,894
240,298
Goodwill
314,154
314,154
258,207
258,207
Investments in unconsolidated joint ventures
252,049
250,572
254,561
255,867
Rent receivables
29,591
28,642
-
-
Homebuilding receivables and contract assets
25,888
28,237
-
-
Construction and development loan receivables
29,317
15,412
-
-
Other receivables
14,489
16,854
-
-
Rent and other receivables, net
-
-
59,947
66,429
Total receivables, net
99,285
89,145
-
-
Held for sale assets
103,335
77,111
58,563
43,690
Investments in equity and other securities
64,758
63,605
63,122
62,240
Prepaid expenses
58,991
81,790
56,278
46,044
Corporate fixed assets, net
57,867
56,388
56,613
47,663
Investments in debt securities, net
55,147
55,060
54,972
54,884
Rou lease assets operating and finance, net
55,068
52,230
45,949
43,611
Investments in land held for development
-
-
23,839
-
Deferred financing costs, net
-
-
17,230
18,832
Intangible assets other than goodwill
54,318
57,015
-
-
Derivative instruments (note 8)
37,276
23,448
14,354
16,243
Land and construction in progress
28,512
31,536
-
-
Amounts deposited and held by others
17,860
23,321
39,419
64,523
Other
37,764
37,925
47,749
52,571
Other assets, net
670,181
648,574
538,035
516,730
Total assets
18,448,310
18,701,141
18,680,290
18,782,776
Secured debt, net
1,385,098
1,384,686
1,384,114
1,383,541
Unsecured notes, net
4,402,839
4,400,877
4,398,921
4,396,973
Term loan facilities, net
2,458,754
2,456,807
2,451,985
2,449,770
Revolving facility
280,000
560,000
145,000
0
Accounts payable and accrued expenses
325,118
257,455
230,350
407,288
Resident security deposits
186,916
187,066
184,536
184,315
Other liabilities
316,974
325,587
317,492
297,939
Total liabilities
9,355,699
9,572,478
9,112,398
9,119,826
Common stock, 0.01 par value per share, 9,000,000,000 shares authorized, 590,613,522 and 610,788,732 outstanding as of june30, 2026 and december31, 2025, respectively
5,906
5,940
6,108
6,130
Additional paid-in capital
10,604,456
10,696,063
11,128,590
11,183,482
Accumulated deficit
-1,588,885
-1,629,420
-1,610,981
-1,571,463
Accumulated other comprehensive income
32,940
18,451
6,415
7,795
Total stockholders equity
9,054,417
9,091,034
9,530,132
9,625,944
Non-controlling interests
38,194
37,629
37,760
37,006
Total equity
9,092,611
9,128,663
9,567,892
9,662,950
Total liabilities and equity
18,448,310
18,701,141
18,680,290
18,782,776
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Time Plot
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