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Deposits - Restricted | 6 Months Ended
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Jun. 30, 2016
Deposits - Restricted [Abstract] |
Restricted Assets Disclosure [Text Block] |
7. | Deposits – Restricted and Escrow Deposits – Mortgage
The following table presents the Company’s restricted deposits as of June 30, 2016 and December 31, 2015 (amounts in thousands):
|  | June 30, 2016 |  | December 31, 2015
Tax-deferred (1031) exchange proceeds |  | $ | 34,032 |  |  | $ | — |
Earnest money on pending acquisitions |  | — |  |  | 1,000 |
Restricted deposits on real estate investments |  | 3,860 |  |  | 6,077 |
Resident security and utility deposits |  | 39,336 |  |  | 48,458 |
Other |  | 359 |  |  | 358 |
Totals |  | $ | 77,587 |  |  | $ | 55,893 |
The following table presents the Company’s escrow deposits as of June 30, 2016 and December 31, 2015 (amounts in thousands):
|  | June 30, 2016 |  | December 31, 2015
Real estate taxes and insurance |  | $ | 2,817 |  |  | $ | 1,977 |
Replacement reserves |  | 3,916 |  |  | 3,962 |
Mortgage principal reserves/sinking funds |  | 54,126 |  |  | 50,155 |
Other |  | 852 |  |  | 852 |
Totals |  | $ | 61,711 |  |  | $ | 56,946 |

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- Definition Deposits - Restricted [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction. + References No definition available. + Details
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