Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2016

Payables and Accruals [Abstract]

Schedule of Accounts Payable and Accrued Expenses

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

	December 31, 2016		December 31, 2015
Accounts payable	$	9	$	1,173
Accrued property taxes	46,091		46,024
Other accrued liabilities	31,262		26,031
Accrued construction and maintenance liabilities	9,899		11,429
Resident security deposits	70,430		53,819
Prepaid rent	19,515		16,275
Total	$	177,206	$	154,751