Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2017
Related Party Transactions [Abstract]
Related-Party Transactions	Note 9. Related-Party Transactions Management Services As the managing member of a joint venture with Fannie Mae (see Note 4. Investments in Unconsolidated Joint Ventures), one of our wholly owned subsidiaries earns a management fee based upon the venture’s gross receipts. For the three months ended September 30, 2017 and 2016, we earned management fees of approximately $0.7 million and $0.7 million, respectively. For the nine months ended September 30, 2017 and 2016, we earned management fees of approximately $2.2 million and $2.2 million, respectively. Management fees earned from the Fannie Mae joint venture are included in other income in the accompanying condensed consolidated statements of operations. In connection with the SWAY Merger and Internalization, we assumed a management agreement with Waypoint Real Estate Group HoldCo, LLC (“Waypoint Manager”), under which we earned fees and were reimbursed for certain expenses in exchange for the operation and management of properties owned by multiple private funds. Certain of our officers and employees have minority ownership interests in Waypoint Manager. The management agreement between us and Waypoint Manager was terminated in connection with the GI Portfolio Acquisition in June 2017. For the three months ended September 30, 2017, no management fees and expense reimbursements were earned under this agreement. For the three months ended September 30, 2016, management fees and expense reimbursements under this agreement totaled approximately $2.4 million. For the nine months ended September 30, 2017 and 2016, management fees and expense reimbursements under this agreement totaled approximately $4.1 million and $6.8 million, respectively, and are included in other income in the accompanying condensed consolidated statements of operations. GI Portfolio Acquisition In June 2017, we completed a transaction to purchase the GI Portfolio of 3,106 homes from Waypoint/GI Ventures LLC for approximately $814.9 million. Waypoint/GI Ventures LLC is managed by the Waypoint Manager, in which certain of our officers and employees have minority interests. The management agreement between us and Waypoint Manager was terminated in connection with the GI Portfolio Acquisition.

Starwood Waypoint Homes 10-Q