XML 33 R20.htm IDEA: XBRL DOCUMENT
v3.22.2

Rent and Other Receivables | 6 Months Ended
--- | ---
Jun. 30, 2022
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 $43.1 million and $38.0 million for the three months ended June 30, 2022 and 2021, respectively, and $95.4 million and $83.8 million for the six months ended June 30, 2022 and 2021, respectively. Variable lease payments for fees from single-family properties were $6.9 million and $5.5 million for the three months ended June 30, 2022 and 2021, respectively, and $13.0 million and $10.7 million for the six months ended June 30, 2022 and 2021, 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 June 30, 2022 (amounts in thousands):
| June 30, 2022
Remaining 2022 | $ | 470,424 |
2023 | 274,307 |
2024 | 16,682 |
2025 | 12 |
Total | $ | 761,425 |
As of June 30, 2022 and December 31, 2021, rent and other receivables included zero and $1.9 million, respectively, of insurance claims receivables related to storm damages.

X
- 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 https://asc.fasb.org/subtopic&trid=2196772 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration