Accounts payable, accrued expenses, and tenant security deposits (Tables)

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Summary of components of accounts payable, accrued expenses, and tenant security deposits

The following table summarizes the components of accounts payable, accrued expenses, and other liabilities as of December 31, 2019 and 2018 (in thousands):

	December 31,
	2019		2018
Accounts payable and accrued expenses	$	198,994	$	215,539
Accrued construction	275,818		275,882
Acquired below-market leases	194,773		134,808
Conditional asset retirement obligations	14,037		10,343
Deferred rent liabilities(1)	2,897		29,547
Interest rate hedge liabilities	—		768
Operating lease liability(1)	271,808		—
Unearned rent and tenant security deposits	275,863		250,923
Other liabilities	86,078		63,897
Total	$	1,320,268	$	981,707

(1)

Refer to Note 2 – “Summary of Significant Accounting Policies” and Note 5 – “Leases” to our consolidated financial statements for additional information.