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Deposits - Restricted (Tables)
3 Months Ended
Mar. 31, 2015
Deposits - Restricted [Abstract]  
Schedule of Restricted Cash and Cash Equivalents [Table Text Block]
The following table presents the Company’s restricted deposits as of March 31, 2015 and December 31, 2014 (amounts in thousands):

 
 
March 31,
2015
 
December 31,
2014
Tax-deferred (1031) exchange proceeds
 
$
136,602

 
$

Earnest money on pending acquisitions
 
2,830

 
580

Restricted deposits on real estate investments
 
17,636

 
24,701

Resident security and utility deposits
 
46,225

 
46,516

Other
 
507

 
506

Totals
 
$
203,800

 
$
72,303

Escrow Deposits [Text Block]
The following table presents the Company’s escrow deposits as of March 31, 2015 and December 31, 2014 (amounts in thousands):
 
 
March 31,
2015
 
December 31,
2014
Real estate taxes and insurance
 
$
2,691

 
$
2,235

Replacement reserves
 
3,490

 
3,431

Mortgage principal reserves/sinking funds
 
43,626

 
41,567

Other
 
852

 
852

Totals
 
$
50,659

 
$
48,085