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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables) | 3 Months Ended
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Mar. 31, 2022
Payables and Accruals [Abstract] |
Summary of Accounts Payable and Accrued Expenses | A summary of the Company’s Accounts payable and accrued expenses follows:
| March 31, 2022 |  | December 31, 2021
| (In thousands)
Property taxes payable | $ | 18,755 |  |  | 4,494 |
Development costs payable | 18,820 |  |  | 17,529 |
Retainage payable | 13,779 |  |  | 10,576 |
Real estate improvements and capitalized leasing costs payable | 7,920 |  |  | 5,798 |
Interest payable | 8,876 |  |  | 6,547 |
Dividends payable | 46,784 |  |  | 46,864 |
Book overdraft (1) | 4,499 |  |  | 4,845 |
Other payables and accrued expenses | 7,275 |  |  | 13,107 |
Total Accounts payable and accrued expenses | $ | 126,708 |  |  | 109,760 |
(1)Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in the Company’s Unsecured bank credit facilities.

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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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