How to watch rented TV shows from iTunes Store

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I just tried renting a TV show from the iTunes store on the ATV 2 for the first time, and I am unable to find the show in order to play it. I clicked on the "Rent" it asked me to login to my iTunes account, and then it asked me to enter the security code from the back of my credit card on file with the iTunes store. I did all that, and then it just went back to the screen where you can preview the show or rent it again. I checked my bank account and it was charged the $.99. I checked to see if there were any purchases available for download on the ATV by click Settings > General > iTunes Store > Check For Rentals. I never saw any progress bar or anything else indicating it was downloading. Is there a separate place you can go in the ATV to see movies and shows you have recently rented and are still available to watch? The episode I tried renting now has a blue circle next to it, and if I highlight it and push the play button on the remote, it just plays the 30 second preview. If I hold down the play button it just lets me mark the episode as watched.
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No problem, and that's totally understandable. They wouldn't charge again until you've reached expiry (30 days unwatched, 24/48hrs once you've hit play)