Accounting Policies and Related Matters (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Accrued Expenses and Other Liabilities

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


	Year Ended December 31,
	2022		2021
Unearned revenue	$	432,941	$	335,891
Other liabilities	311,506		180,663
Accounts payable	216,732		174,798
Taxes payable	144,021		117,013
Other accrued expenses	135,944		135,042
Accrued payroll	120,713		141,694
Accrued interest	117,741		111,157
Derivative liabilities	55,727		39,296
Total	$	1,535,325	$	1,235,554

Schedule of Seniors Housing Operating Portfolio

Our Seniors Housing Operating revenues are dependent on occupancy. As of December 31, 2022, nearly all communities are open for new admissions and allowing visitors, in-person tours and communal dining and activities. Average occupancy is as follows (unaudited):


	Three Months Ended(1)
	March 31,		June 30,		September 30,		December 31,
2021	72.7	%	73.0	%	74.9	%	76.3	%
2022	76.3	%	77.1	%	78.0	%	78.3	%

(1) Average occupancy includes our minority ownership share related to unconsolidated properties and excludes the minority partners' noncontrolling ownership share related to consolidated properties. Also excludes land parcels and properties under development.