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

9 Months Ended

Sep. 30, 2026

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

September 30, 2026 and December 31, 2025 (in thousands):


	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