Accrued Expenses and Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Summary of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following (in thousands):



	As of March 31, 2017		As of December 31, 2016
Real estate development costs to complete	$	11,514	$	15,156
Compensation and employee benefits	31,412		63,802
Self-insurance and warranty reserves	52,416		50,550
Interest payable	24,450		17,233
Property and sales taxes payable	7,054		17,231
Other accruals	40,589		45,230
Total accrued expenses and other liabilities	$	167,435	$	209,202

Summary of Changes in Reserves

Self-Insurance and Warranty Reserves – We accrue for the expected costs associated with the limited one year warranty, deductibles and self-insured amounts under our various insurance policies within Beneva Indemnity Company ("Beneva") a wholly owned subsidiary. A summary of the changes in our reserves are as follows (in thousands):



	Three Months Ended March 31,
	2017			2016
Reserve - beginning of period	$	50,550		$	43,098
Additions to reserves	4,299			5,768
Costs and claims incurred	(3,335		)	(6,585		)
Change in estimates to existing reserves	902			914
Reserve - end of period	$	52,416		$	43,195