XML 60 R49.htm IDEA: XBRL DOCUMENT v3.22.1
ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Accounts Payable and Accrued Expenses [Abstract]    
Property taxes payable $ 18,755 $ 4,494
Development costs payable 18,820 17,529
Retainage payable 13,779 10,576
Real estate improvements and capitalized leasing costs payable 7,920 5,798
Interest payable 8,876 6,547
Dividends payable 46,784 46,864
Book Overdraft [1] 4,499 4,845
Other payables and accrued expenses 7,275 13,107
Total accounts payable and accrued expenses $ 126,708 $ 109,760
[1] Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in the Company’s Unsecured bank credit facilities.