Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2023

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 March 31, 2023 and December 31, 2022 (amounts in thousands):

	March 31, 2023		December 31, 2022
Resident security deposits	$	121,342	$	119,386
Accrued property taxes	93,051		51,586
Accrued construction and maintenance liabilities	86,856		86,775
Liability for consolidated land not owned	76,749		69,434
Prepaid rent	34,150		26,922
Accrued interest	33,195		40,126
Operating lease liabilities	19,908		20,755
Accounts payable	5,577		5,719
Other accrued liabilities	49,536		63,700
Total	$	520,364	$	484,403