​

​

March 31,

​

December 31,

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

(unaudited)

​

​

​

Advance deposits

​

$

56,598

​

$

47,035

Property, sales and use taxes payable

​

​

14,140

​

​

11,565

Accrued interest

​

​

1,779

​

​

4,572

Deferred rent

​

​

904

​

​

905

Interest rate derivatives

​

​

337

​

​

802

Management fees payable

​

​

1,449

​

​

1,875

Other

​

​

7,265

​

​

6,078

Total other liabilities

​

$

82,472

​

$

72,832