Accounts Payable and Accrued Expenses

9 Months Ended

Sep. 30, 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 September 30, 2023 and December 31, 2022 (amounts in thousands):

	September 30, 2023		December 31, 2022
Accrued property taxes	$	165,391	$	51,586
Resident security deposits	121,796		119,386
Accrued construction and maintenance liabilities	109,413		86,775
Liability for consolidated land not owned	94,251		69,434
Accrued interest	33,120		40,126
Prepaid rent	24,050		26,922
Operating lease liabilities	18,815		20,755
Accounts payable	6,068		5,719
Other accrued liabilities	60,891		63,700
Total	$	633,795	$	484,403