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Accounts Payable, Accrued Expenses and Other Liabilities (Tables)
6 Months Ended
Jun. 30, 2019
Payables And Accruals [Abstract]  
Components of Accounts Payable, Accrued Expenses and Other Liabilities

The following table summarizes the significant components of accounts payable, accrued expenses and other liabilities as of June 30, 2019 and December 31, 2018 (in thousands):

 

 

 

June 30, 2019

 

 

December 31, 2018

 

Accounts payable and accrued expenses

 

$

25,666

 

 

$

28,065

 

Accrued development expenditures

 

 

18,964

 

 

 

26,180

 

Accrued real estate taxes

 

 

13,958

 

 

 

14,108

 

Below-market leases

 

 

11,853

 

 

 

12,281

 

Environmental reserve

 

 

9,477

 

 

 

9,477

 

Lease liability

 

 

8,141

 

 

 

 

Unearned tenant reimbursements

 

 

5,417

 

 

 

10,975

 

Accrued interest

 

 

4,667

 

 

 

4,978

 

Prepaid rental income

 

 

3,299

 

 

 

4,021

 

Common and preferred dividends and OP

   Unit distributions payable

 

 

1,788

 

 

 

15,758

 

Deferred maintenance

 

 

1,722

 

 

 

1,722

 

Total accounts payable, accrued expenses and

   other liabilities

 

$

104,952

 

 

$

127,565