Other Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Other Liabilities
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
Deferred revenue recognized	$ 22,600	$ 23,800

Represents the management fee payable to the company's third-party managers.

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