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Rent and Other Receivables | 9 Months Ended
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Sep. 30, 2024
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 $66.0 million and $64.3 million for the three months ended September 30, 2024 and 2023, respectively, and $168.1 million and $162.6 million for the nine months ended September 30, 2024 and 2023, respectively. Variable lease payments for fees from single-family properties were $8.1 million and $8.0 million for the three months ended September 30, 2024 and 2023, respectively, and $24.2 million and $22.9 million for the nine months ended September 30, 2024 and 2023, 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, 2024 (amounts in thousands):
| September 30, 2024
Remaining 2024 | $ | 328,310 |
2025 | 526,163 |
2026 | 32,131 |
Total | $ | 886,604 |

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- Definition The entire disclosure for claims held for amounts due to 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 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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