Organization and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of accrued real estate taxes, accrued dividends payable, unearned income, right-of-use lease obligations, accrued payroll, accrued interest payable, security deposits, general liability and workers compensation insurance, accrued construction in progress, net deferred tax liability (see Note 7), accrued loss contingencies (see Note 11), accounts payable and other accrued expenses. The following table reflects a detail of the Company’s “Accrued expenses and other liabilities” balances as of December 31, 2021 and 2020 (dollars in thousands):

	December 31, 2021		December 31, 2020
Accrued real estate taxes	$	144,326	$	140,615
Accrued dividends payable		128,916		121,392
Unearned income		59,937		48,781
Right-of-use lease obligations		30,251		31,740
Accrued payroll		27,092		19,575
Accrued interest payable		26,331		24,771
Security deposits		24,660		21,637
General liability and workers compensation insurance		23,851		13,920
Accrued construction in progress		15,123		19,625
Accounts payable, accrued expenses and other		103,913		86,218
Total	$	584,400	$	528,274