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Accounts Payable and Accrued Expenses (Tables)

9 Months Ended

Sep. 30, 2015

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

The following table summarizes accounts payable and accrued expenses as of September 30, 2015, and December 31, 2014 (in thousands):

	September 30, 2015				December 31, 2014
Accounts payable	$	396			$	4,925
Accrued property taxes	74,975				49,018
Other accrued liabilities	89,175				28,972
Accrued construction and maintenance liabilities	16,989				23,914
Resident security deposits	53,116				42,877
Total	$	234,651			$	149,706

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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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