Accounts payable and accrued expenses

3 Months Ended

Mar. 31, 2015

Accounts payable and accrued expenses.

Accounts payable and accrued expenses

Note 7. Accounts payable and accrued expenses

The following table summarizes accounts payable and accrued expenses as of March 31, 2015, and December 31, 2014 (in thousands):

	March 31, 2015		December 31, 2014
Accounts payable	$	149	$	4,925
Accrued property taxes	45,953		49,018
Other accrued liabilities	24,946		28,972
Accrued construction and maintenance liabilities	23,231		23,914
Resident security deposits	47,103		42,877
Total	$	141,382	$	149,706