Rent and Other Receivables

3 Months Ended

Mar. 31, 2020

Receivables [Abstract]

Rent and Other Receivables

Rent and Other Receivables

        For the three months ended March 31, 2020 and 2019, rents from single-family properties included $40.0 million in both periods of variable lease payments for tenant charge-backs, which are primarily related to cost recoveries on utilities, and $4.0 million and $3.0 million, respectively, of variable lease payments for fees from single-family properties.

        The Company generally rents our single-family properties under non-cancelable lease agreements with a term of one year. The following table summarizes our future minimum rental revenues under existing leases on our properties as of March 31, 2020 (in thousands):

	March 31, 2020
Remaining 2020	$	438,182
2021	73,230
2022	3,592
2023	11
Total	$	515,015

        As of December 31, 2019, rent and other receivables also included $2.7 million of hurricane-related insurance claims receivable, which was fully collected during the three months ended March 31, 2020.