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Rent and Other Receivables | 9 Months Ended
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Sep. 30, 2021
Receivables [Abstract] |
Rent and Other Receivables | Rent and Other Receivables Included in rents and other single-family property revenues are variable lease payments for tenant charge-backs, which primarily relate to cost recoveries on utilities, and variable lease payments for fees from single-family properties. Variable lease payments for tenant charge-backs were $52.7 million and $49.9 million for the three months ended September 30, 2021 and 2020, respectively, and $136.5 million and $125.4 million for the nine months ended September 30, 2021 and 2020, respectively. Variable lease payments for fees from single-family properties were $6.0 million and $4.3 million for the three months ended September 30, 2021 and 2020, respectively, and $16.7 million and $11.7 million for the nine months ended September 30, 2021 and 2020, respectively. The Company generally rents its single-family properties under non-cancelable lease agreements with a term of one year. The following table summarizes future minimum rental revenues under existing leases on our properties as of September 30, 2021 (in thousands):
| September 30, 2021
Remaining 2021 | $ | 254,285 |
2022 | 423,791 |
2023 | 27,305 |
2024 | 61 |
Total | $ | 705,442 |
As of September 30, 2021 and December 31, 2020, rent and other receivables included $4.5 million and $0.8 million, respectively, of insurance claims receivables related to storm damages and other matters.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
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