Accounts Payable and Other Liabilities

12 Months Ended

Dec. 31, 2023

Accounts Payable and Other Liabilities

Other Liabilities

11. Accounts Payable and Other Liabilities

Accounts payable and other liabilities consist of the following:

	December 31,		December 31,
	2023		2022
Accounts payable	$	24,340	$	69,864
Income tax payable		9,239		3,470
Finance lease liabilities		298		300
Operating lease liabilities		793		678
Accrued compensation		6,037		5,731
Other accrued liabilities		4,100		3,641
Club membership deposits		3,314		3,422
Advance deposits		7,602		4,415
Accrued interest expense for Senior Notes held by SPE		2,850		2,850
Total accounts payable and other liabilities	$	58,573	$	94,371

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

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 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.