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Deposits - Restricted (Tables) | 9 Months Ended
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Sep. 30, 2014
Deposits - Restricted [Abstract] |
Schedule of Restricted Cash and Cash Equivalents [Table Text Block] | The following table presents the Company’s restricted deposits as of September 30, 2014 and December 31, 2013 (amounts in thousands):
|  | September 30, 2014 |  | December 31, 2013
Tax-deferred (1031) exchange proceeds |  | $ | 3,909 |  |  | $ | — |
Earnest money on pending acquisitions |  | 330 |  |  | 4,514 |
Restricted deposits on real estate investments |  | 33,201 |  |  | 53,771 |
Resident security and utility deposits |  | 47,000 |  |  | 44,777 |
Other |  | 505 |  |  | 505 |
Totals |  | $ | 84,945 |  |  | $ | 103,567 |
Escrow Deposits [Text Block] | The following table presents the Company’s escrow deposits as of September 30, 2014 and December 31, 2013 (amounts in thousands):
|  | September 30, 2014 |  | December 31, 2013
Real estate taxes and insurance |  | $ | 2,049 |  |  | $ | 3,687 |
Replacement reserves |  | 3,669 |  |  | 4,229 |
Mortgage principal reserves/sinking funds |  | 39,425 |  |  | 33,868 |
Other |  | 852 |  |  | 852 |
Totals |  | $ | 45,995 |  |  | $ | 42,636 |

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- Definition The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes, insurance and replacement reserve obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. + References No definition available. + Details
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- Definition Tabular disclosure of the cash and cash items which are restricted as to withdrawal or usage. The provisions of any restrictions are described in a note to the financial statements. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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