Accounts Payable and Other Liabilities

9 Months Ended

Sep. 30, 2023

Accounts Payable and Other Liabilities

Accounts Payable and Other Liabilities

10. Accounts Payable and Other Liabilities

Accounts payable and other liabilities consist of the following:

	September 30,		December 31,
	2023		2022
Accounts payable	$	37,277	$	69,864
Income tax payable		26,252		3,470
Finance lease liabilities		340		300
Operating lease liabilities		940		678
Accrued compensation		6,081		5,731
Other accrued liabilities		10,163		3,641
Club membership deposits		3,322		3,422
Advance deposits		6,111		4,415
Accrued interest expense for Senior Notes held by SPE		713		2,850
Total accounts payable and other liabilities	$	91,199	$	94,371

Accounts payable as of September 30, 2023 and December 31, 2022, primarily includes payables and retainage related to the Company’s development and construction projects.

Other accrued liabilities include $6.2 million and $0.3 million of accrued property taxes as of September 30, 2023 and December 31, 2022, 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 accounts payable and 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.