Rent and Other Receivables, Net

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Rent and Other Receivables, Net

Rent and Other Receivables, Net

Included in rent and other receivables, net is $2.7 million and $4.9 million of hurricane-related insurance claims receivable as of December 31, 2019 and 2018, respectively.

Rents and other single-family property revenues consisted of the following for the years ended December 31, 2019, 2018 and 2017 (in thousands):

	For the Years Ended December 31,
	2019		2018		2017
Rents from single-family properties (1)	$	1,132,137	$	908,936	$	824,023
Fees from single-family properties	—		10,946		10,727
Tenant charge-backs	—		146,793		120,081
Rents and other single-family property revenues	$	1,132,137	$	1,066,675	$	954,831

(1) For the year ended December 31, 2019, rents from single-family properties included $159.9 million of variable lease payments for tenant charge-backs, which are primarily related to cost recoveries on utilities, and $13.8 million 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 December 31, 2019 (in thousands):

	Future Minimum Rental Revenues
2020	$	479,793
2021	18,822
2022	299
2023	22
2024	22
Total	$	498,958