Accounts payable, accrued expenses, and other liabilities (Tables)

6 Months Ended

Jun. 30, 2026

The following table summarizes the components of accounts payable, accrued expenses, and other liabilities as of June 30,

2026 and December 31, 2025 (in thousands):


	June 30, 2026	December 31, 2025
Accounts payable and accrued expenses	$394,010	$510,580
Accrued construction	270,622	314,836
Acquired below-market leases	118,000	133,033
Conditional asset retirement obligations	34,151	34,342
Deferred rent liabilities	26,073	14,659
Operating lease liability	354,905	360,543
Unearned rent and tenant security deposits	1,180,926	876,252
Other liabilities	134,839	152,828
Total	$2,513,526	$2,397,073