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Leases
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Leases Leases
Tenant Lessor Arrangements
The majority of lease payments we receive from our residents are fixed. We receive variable payments from our residents primarily for utility reimbursements. Our total lease income was comprised of the following amounts for all operating leases (in thousands):
Three Months EndedSix Months Ended
June 30, 2023June 30, 2022June 30, 2023June 30, 2022
Fixed lease income$196,718 $169,337 $393,054 $337,567 
Variable lease income15,253 11,216 28,541 22,021 
Total lease income$211,971 $180,553 $421,595 $359,588 
Generally, our residential leases do not provide extension options and, as of June 30, 2023, have an average remaining term of 17.1 months. In general, our commercial leases have options to extend for a certain period of time at the tenant’s option. As of June 30, 2023, future minimum annual rental payments we are contractually obligated to receive under residential and commercial leases, excluding such extension options, are as follows (in thousands):
2023 (remaining)$262,306 
2024258,690 
202541,745 
202611,214 
20279,701 
Thereafter34,712 
Total$618,368