v3.25.1
Other Liabilities
3 Months Ended
Mar. 31, 2025
Other Liabilities.  
Other Liabilities

7. Other Liabilities

Other liabilities consisted of the following (in thousands):

March 31,

December 31,

    

2025

    

2024

(unaudited)

Advance deposits

$

60,980

$

48,635

Property, sales and use taxes payable

10,902

10,088

Accrued interest

2,937

5,105

Deferred rent

1,099

1,433

Interest rate derivative

619

Management fees payable

899

1,168

Other

7,977

6,265

Total other liabilities

$

85,413

$

72,694

During the three months ended March 31, 2025 and 2024, the Company recognized approximately $23.8 million and $20.2 million, respectively, in revenue related to its outstanding contract liabilities.