Accounts Payable and Accrued Expenses (Tables)

6 Months Ended

Jun. 30, 2016

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

The following table summarizes accounts payable and accrued expenses as of June 30, 2016, and December 31, 2015 (in thousands):

	June 30, 2016		December 31, 2015
Accounts payable	$	288	$	1,173
Accrued property taxes	85,039		46,024
Other accrued liabilities	33,279		26,031
Accrued construction and maintenance liabilities	10,418		11,429
Resident security deposits	70,344		53,819
Prepaid rent	15,939		16,275
Total	$	215,307	$	154,751