Accounts Payable, Accrued Expenses and Other Liabilities

3 Months Ended

Mar. 31, 2022

Accounts Payable, Accrued Expenses and Other Liabilities

The following table summarizes the components of accounts payable, accrued expenses and other liabilities:


$ in thousands	March 31, 2022		December 31, 2021
Subscriptions received in advance	$	3,092	$	250
Intangible liabilities, net	2,660		1,482
Accounts payable and accrued expenses	1,585		1,237
Real estate taxes payable	1,400		743
Accrued interest expense	770		608
Tenant security deposits	475		274
Prepaid rental income	1,214		409
Unsettled trade payable	—		904
Total	$	11,196	$	5,907

As of March 31, 2022 and December 31, 2021, we recorded both a net tax liability and a deferred tax liability of $0.1 million and approximately $9,000, respectively. These were recorded within other expense on our condensed consolidated statements of operations and other liabilities on our condensed consolidated balance sheets, respectively. There is no current tax expense for the three months ended March 31, 2022 and 2021. Our taxable REIT subsidiaries did not have deferred tax assets or liabilities during the three months ended March 31, 2021. As of March 31, 2022, our tax years 2019 through 2021 remain subject to examination by the United States tax authorities.