Accrued Liabilities and Deferred Credits

3 Months Ended

Mar. 31, 2015

Payables and Accruals [Abstract]

Accrued Liabilities and Deferred Credits

Accrued Liabilities and Deferred Credits

Accrued liabilities and deferred credits consist of the following:

	March 31, 2015		December 31, 2014
Accrued compensation	$	1,933	$	2,673
Deferred revenue	15,112		15,309
Membership deposits	8,542		8,426
Other accrued liabilities	6,289		5,651
Accrued interest expense for Senior Notes held by special purpose entity (Note 5)	712		2,852
Total accrued liabilities and deferred credits	$	32,588	$	34,911

Deferred revenue at March 31, 2015 and December 31, 2014 includes $12.5 million related to a 2006 agreement pursuant to which the Company agreed to sell approximately 3,900 acres of rural land to the Florida Department of Transportation (the “FDOT”). Revenue is recognized when title to a specific parcel is legally transferred.