Other Liabilities

9 Months Ended

Sep. 30, 2025

Other Liabilities.

Other Liabilities

7. Other Liabilities

Other liabilities consisted of the following (in thousands):

	September 30,		December 31,
	2025		2024
	(unaudited)
Advance deposits	$	49,010	$	48,635
Property, sales and use taxes payable		16,808		10,088
Accrued interest		2,615		5,105
Deferred rent		894		1,433
Interest rate derivatives		821		—
Management fees payable		575		1,168
Other		7,143		6,265
Total other liabilities	$	77,866	$	72,694

During both the three months ended September 30, 2025 and 2024, the Company recognized approximately $4.6 million in revenue related to its outstanding contract liabilities. During the nine months ended September 30, 2025 and 2024, the Company recognized approximately $42.6 million and $38.3 million, respectively, in revenue related to its outstanding contract liabilities.