Accrued Liabilities and Deferred Credits

3 Months Ended

Mar. 31, 2013

Accrued Liabilities and Deferred Credits

6. Accrued Liabilities and Deferred Credits

Accrued liabilities and deferred credits consist of the following:

	March 31, 2013		December 31, 2012
Accrued compensation	$	1,962	$	3,529
Deferred revenue		27,846		27,962
Environmental and insurance liabilities		1,610		1,621
Other accrued liabilities		15,927		9,240
Total accrued liabilities and deferred credits	$	47,345	$	42,352

Deferred revenue at March 31, 2013 and December 31, 2012 includes $23.5 million related to a 2006 sale of approximately 3,900 acres of rural land to the Florida Department of Transportation. Revenue is recognized when title to a specific parcel is legally transferred. As of March 31, 2013, 1,595 acres remained to be transferred.