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Accounts Payable and Accrued Liabilities
12 Months Ended
Dec. 31, 2020
Accounts Payable And Accrued Liabilities Current And Noncurrent [Abstract]  
Accounts Payable and Accrued Liabilities

NOTE 9.  ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accounts Payable and Accrued Liabilities consist of the following at December 31:

 

(in thousands)

 

2020

 

 

2019

 

Accrued payroll and benefits

 

$

29,675

 

 

$

12,920

 

Accounts payable

 

 

9,724

 

 

 

12,734

 

Accrued interest

 

 

6,485

 

 

 

6,946

 

Accrued taxes

 

 

20,780

 

 

 

6,638

 

Deferred revenue1

 

 

8,789

 

 

 

5,514

 

Operating lease liabilities

 

 

4,304

 

 

 

4,998

 

Other current liabilities

 

 

13,522

 

 

 

10,827

 

Total accounts payable and accrued liabilities

 

$

93,279

 

 

$

60,577

 

 

 

 

 

 

 

 

 

 

 

1

Deferred revenue predominately relates to hunting and other access rights on our timberlands, payments received for shipments where control of goods have not transferred, member related activities at an owned country club and certain post-close obligations for real estate sales.  These contract liabilities are recognized over the term of the contracts, which is typically twelve months or less, except for initiation fees which are recognized over the average life of club membership.