American Homes 4 Rent
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
AMH$32.90+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Audited Consolidated Financial Statements: American Homes 4 Rent Consolidated Balance Sheets as of December 31, 202 and
Consolidated Balance Sheets
(Amounts in thousands, except share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets | ||
| Single-family properties: | ||
| Land | $2,234,301 | $2,197,233 |
| Buildings and improvements | 10,651,388 | 10,127,891 |
| Single-family properties in operation | 12,885,689 | 12,325,124 |
| Less: accumulated depreciation | (2,719,970) | (2,386,452) |
| Single-family properties in operation, net | 10,165,719 | 9,938,672 |
| Single-family properties under development and development land | 1,409,424 | 1,187,221 |
| Single-family properties and land held for sale, net | 182,082 | 198,716 |
| Total real estate assets, net | 11,757,225 | 11,324,609 |
| Cash and cash equivalents | 59,385 | 69,155 |
| Restricted cash | 162,476 | 148,805 |
| Rent and other receivables | 42,823 | 47,752 |
| Escrow deposits, prepaid expenses and other assets | 406,138 | 331,446 |
| Investments in unconsolidated joint ventures | 114,198 | 107,347 |
| Asset-backed securitization certificates | 25,666 | 25,666 |
| Goodwill | 120,279 | 120,279 |
| Total assets | $12,688,190 | $12,175,059 |
| Liabilities | ||
| Revolving credit facility | $90,000 | $130,000 |
| Asset-backed securitizations, net | 1,871,421 | 1,890,842 |
| Unsecured senior notes, net | 2,500,226 | 2,495,156 |
| Accounts payable and accrued expenses | 573,660 | 484,403 |
| Total liabilities | 5,035,307 | 5,000,401 |
| Commitments and contingencies (see Note 14) | ||
| Equity | ||
| Shareholders' equity: | ||
| Class A common shares ($0.01 par value per share, 450,000,000 shares authorized, 364,296,431 and 352,881,826 shares issued and outstanding at December 31, 2023 and 2022, respectively) | 3,643 | 3,529 |
| Class B common shares ($0.01 par value per share, 50,000,000 shares authorized, 635,075 shares issued and outstanding at December 31, 2023 and 2022) | 6 | 6 |
| Preferred shares ($0.01 par value per share, 100,000,000 shares authorized, 9,200,000 shares issued and outstanding at December 31, 2023 and 2022) | 92 | 92 |
| Additional paid-in capital | 7,357,848 | 6,931,819 |
| Accumulated deficit | (394,908) | (440,791) |
| Accumulated other comprehensive income | 843 | 1,332 |
| Total shareholders' equity | 6,967,524 | 6,495,987 |
| Noncontrolling interest | 685,359 | 678,671 |
| Total equity | 7,652,883 | 7,174,658 |
| Total liabilities and equity | $12,688,190 | $12,175,059 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.