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Accounts Payable and Accrued Expenses (Tables) | 12 Months Ended
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Dec. 31, 2015
Payables and Accruals [Abstract] |
Schedule of Accounts Payable and Accrued Expenses | The following table summarizes accounts payable and accrued expenses as of December 31, 2015 and 2014 (in thousands):
| December 31, 2015 |  | December 31, 2014
Accounts payable | $ | 1,173 |  |  | $ | 4,925 |
Accrued property taxes | 46,024 |  |  | 49,018 |
Other accrued liabilities | 26,031 |  |  | 22,359 |
Accrued construction and maintenance liabilities | 11,429 |  |  | 23,914 |
Resident security deposits | 53,819 |  |  | 42,877 |
Prepaid rent | 16,275 |  |  | 6,613 |
Total | $ | 154,751 |  |  | $ | 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. + References No definition available. + Details
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