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Rent and Other Receivables | 6 Months Ended
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Jun. 30, 2023
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 $45.8 million and $43.1 million for the three months ended June 30, 2023 and 2022, respectively, and $101.2 million and $95.4 million for the six months ended June 30, 2023 and 2022, respectively. Variable lease payments for fees from single-family properties were $7.4 million and $6.9 million for the three months ended June 30, 2023 and 2022, respectively, and $14.8 million and $13.0 million for the six months ended June 30, 2023 and 2022, 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, 2023 (amounts in thousands):
| June 30, 2023
Remaining 2023 | $ | 509,166 |
2024 | 250,774 |
2025 | 7,422 |
Total | $ | 767,362 |
As of June 30, 2023 and December 31, 2022, rent and other receivables included $5.2 million and $5.0 million, respectively, of insurance claims receivables related to Hurricane Ian and Winter Storm Elliott.

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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 -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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