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Leases
 9 Months Ended
Sep. 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 EndedNine Months Ended
September 30, 2023September 30, 2022September 30, 2023September 30, 2022
Fixed lease income$179,069 $184,509 $572,123 $522,074 
Variable lease income14,502 13,141 43,043 35,165 
Total lease income$193,571 $197,650 $615,166 $557,239 
Generally, our residential leases do not provide extension options and, as of September 30, 2023, have an average remaining term of 10.8 months. In general, our commercial leases have options to extend for a certain period of time at the tenant’s option. As of September 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)$164,948 
2024379,399 
202569,870 
202611,740 
202710,218 
Thereafter36,463 
Total$672,638