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Rent and Other Receivables | 12 Months Ended
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Dec. 31, 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 $215.6 million, $202.6 million and $178.3 million for the years ended December 31, 2023, 2022 and 2021, respectively. Variable lease payments for fees from single-family properties were $30.8 million, $27.0 million and $22.6 million for the years ended December 31, 2023, 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 December 31, 2023 (amounts in thousands):
|  | December 31, 2023
2024 |  | $ | 722,303 |
2025 |  | 21,426 |
2026 |  | 27 |
2027 |  | 26 |
2028 |  | 26 |
Total |  | $ | 743,808 |
As of December 31, 2023 and 2022, rent and other receivables included zero and $5.0 million, respectively, of insurance claims receivables related to Hurricane Ian and Winter Storm Elliott. The Company collected $4.0 million, $2.0 million and $4.8 million in proceeds from storm-related insurance claims during the years ended December 31, 2023, 2022 and 2021, respectively.

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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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