
	September 30, 2026	December 31, 2025
Accounts payable and accrued expenses	$507,754	$510,580
Accrued construction	261,727	314,836
Acquired below-market leases	109,551	133,033
Conditional asset retirement obligations	29,700	34,342
Deferred rent liabilities	24,483	14,659
Operating lease liability	354,028	360,543
Unearned rent and tenant security deposits	1,174,022	876,252
Other liabilities	143,153	152,828
Total	$2,604,418	$2,397,073

As of September 30, 2026 and December 31, 2025, our conditional asset retirement obligations primarily consisted of the soil

and groundwater remediation liabilities associated with certain properties. Some of our properties may contain asbestos or may be

subjected to other hazardous or toxic substances, which, under certain conditions, require remediation. We engage independent

environmental consultants to conduct Phase I or similar environmental assessments at our properties. This type of assessment

generally includes a site inspection, interviews, and a public records review; asbestos, lead-based paint, and mold surveys; subsurface

sampling; and other testing. We recognize a liability for the fair value of a conditional asset retirement obligation when the fair value of

the liability can be reasonably estimated. In addition, environmental laws and regulations subject our tenants, and potentially us, to

liability that may result from our tenants’ routine handling of hazardous substances and wastes as part of their operations at our

properties. As of September 30, 2026, we are not aware of any additional environmental liability that we believe would require additional