Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2022

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

Accounts Payable and Accrued Expenses

The following table summarizes accounts payable and accrued expenses as of June 30, 2022 and December 31, 2021 (amounts in thousands):

	June 30, 2022		December 31, 2021
Accrued property taxes	$	118,124	$	52,545
Resident security deposits	116,771		105,809
Accrued construction and maintenance liabilities	91,963		50,655
Accrued interest	40,875		33,332
Liability for consolidated land not owned (see Note 6)	38,127		—
Prepaid rent	26,813		31,190
Operating lease liabilities	20,970		18,723
Accounts payable	4,708		1,113
Other accrued liabilities	39,928		50,159
Total	$	498,279	$	343,526