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ACCRUED AND OTHER LIABILITIES | 9 Months Ended
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Sep. 30, 2024
ACCRUED AND OTHER LIABILITIES |
ACCRUED AND OTHER LIABILITIES | NOTE 17. ACCRUED AND OTHER LIABILITIES ​ Accrued and other liabilities consisted of the following (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of
​ |  | September 30, 2024 |  | December 31, 2023
Accrued Property Taxes | ​ | $ | 8,044 | ​ | $ | 2,090
Reserve for Tenant Improvements | ​ | ​ | 1,386 | ​ | ​ | 1,168
Tenant Security Deposits | ​ | ​ | 2,764 | ​ | ​ | 2,301
Accrued Construction Costs | ​ | ​ | 691 | ​ | ​ | 1,170
Accrued Interest | ​ | ​ | 1,091 | ​ | ​ | 773
Environmental Reserve | ​ | ​ | 47 | ​ | ​ | 54
Cash Flow Hedge - Interest Rate Swaps | ​ | ​ | 7,004 | ​ | ​ | 4,879
Operating Leases - Liability | ​ | ​ | 320 | ​ | ​ | 417
Other | ​ | ​ | 5,054 | ​ | ​ | 5,521
Total Accrued and Other Liabilities | ​ | $ | 26,401 | ​ | $ | 18,373
Reserve for Tenant Improvements. In connection with recent acquisitions, the Company received an aggregate of $6.4 million from the sellers of certain properties for tenant improvement allowances, leasing commissions and other capital improvements. These amounts are included in accrued and other liabilities on the consolidated balance sheets. Through September 30, 2024, payments totaling $5.0 million were made leaving a remaining reserve for tenant improvements of $1.4 million.

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