Other Liabilities

3 Months Ended

Mar. 31, 2022

Other Liabilities

Other Liabilities

11. Other Liabilities

Other liabilities consist of the following:

	March 31,		December 31,
	2022		2021
Accounts payable	$	46,056	$	48,597
Income tax payable		3,175		681
Finance lease liabilities		344		380
Operating lease liabilities		886		732
Accrued compensation		2,820		4,877
Other accrued liabilities		4,363		4,126
Club membership deposits		3,636		3,602
Advance deposits		5,806		2,140
Accrued interest expense for Senior Notes held by SPE		713		2,850
Total other liabilities	$	67,799	$	67,985

Accounts payable as of March 31, 2022 and December 31, 2021, includes payables for projects under development and construction such as the Embassy Suites by Hilton hotel, the Camp Creek Inn and amenity center, Watersound Town Center and the Watersound Origins residential community.

Other accrued liabilities include $1.6 million and $0.2 million of accrued property taxes as of March 31, 2022 and December 31, 2021, respectively, which are generally paid annually in November.

Advance deposits consist of deposits received on hotel rooms and related hospitality activities. Advance deposits are recorded as other liabilities in the condensed consolidated balance sheets without regard to whether they are refundable and are recognized as income at the time the service is provided for the related deposit.