Accounts Payable and Accrued Expenses (Tables)

3 Months Ended

Mar. 31, 2022

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

The following table summarizes accounts payable and accrued expenses as of March 31, 2022 and December 31, 2021 (amounts in thousands):

	March 31, 2022		December 31, 2021
Resident security deposits	$	110,275	$	105,809
Accrued property taxes	85,915		52,545
Accrued construction and maintenance liabilities	67,053		50,655
Prepaid rent	29,237		31,190
Liability for consolidated land not owned (see Note 6)	19,794		—
Operating lease liabilities	18,797		18,723
Accrued interest	17,575		33,332
Accounts payable	3,522		1,113
Other accrued liabilities	41,917		50,159
Total	$	394,085	$	343,526