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Revenue Recognition
12 Months Ended
Dec. 31, 2023
Revenue Recognition [Abstract]  
Revenue Recognition 3. Revenue Recognition

Gift Cards

The gift card liability included in unearned revenue on the consolidated balance sheets was as follows:

December 31,

2023

2022

Gift card liability

$

164,930

$

145,014

Revenue recognized from the redemption of gift cards that was included in unearned revenue at the beginning of the year was as follows:

Year ended December 31,

2023

2022

2021

Revenue recognized from gift card liability balance at the beginning of the year

$

61,389

$

59,175

$

48,605

Chipotle Rewards

Changes in our Chipotle Rewards liability included in unearned revenue on the consolidated balance sheets were as follows:

Year ended December 31,

2023

2022

2021

Chipotle Rewards liability, beginning balance

$

38,057

$

25,572

$

22,337

Revenue deferred

135,490

121,406

106,759

Revenue recognized

(128,797)

(108,921)

(103,524)

Chipotle Rewards liability, ending balance

$

44,750

$

38,057

$

25,572