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Accounts payable and accrued expenses (Tables)

12 Months Ended

Dec. 31, 2013

Payables And Accruals [Abstract]

Schedule of Accounts Payable and Accrued Expenses

The following table summarizes accounts payable and accrued expenses as of December 31, 2013 and 2012 (in thousands):

		December 31, 2013				December 31, 2012
Accounts payable		$	901			$	259
Accrued property taxes			28,240				4,760
Other accrued liabilities			21,538				1,473
Accrued distribution payable			9,274				—
Accrued construction liabilities			16,917				3,059
Resident security deposits			26,527				1,731
Total		$	103,397			$	11,282

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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