ACCRUED EXPENSES AND OTHER LIABILITIES

9 Months Ended

Sep. 30, 2018

Payables and Accruals [Abstract]

ACCRUED EXPENSES AND OTHER LIABILITIES

ACCRUED EXPENSES AND OTHER LIABILITIES

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

	As of September 30, 2018		As of December 31, 2017
Real estate development costs to complete	$	10,428	$	14,815
Compensation and employee benefits	56,912		72,352
Self-insurance and warranty reserves	53,408		51,010
Interest payable	24,516		17,125
Property and sales taxes payable	17,144		12,294
Other accruals	26,273		33,944
Total accrued expenses and other liabilities	$	188,681	$	201,540

Self-Insurance and Warranty Reserves – We accrue for the expected costs associated with our limited 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 September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Reserve - beginning of period	$	53,011		$	54,084		$	51,010		$	50,550
Additions to reserves	9,438			6,403			24,763			17,446
Costs and claims incurred	(9,592		)	(8,203		)	(22,525		)	(18,131		)
Change in estimates to existing reserves	551			(748		)	160			1,671
Reserve - end of period	$	53,408		$	51,536		$	53,408		$	51,536