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v3.20.2

Restricted Deposits (Tables) | 6 Months Ended
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Jun. 30, 2020
Deposits Restricted [Abstract] |
Restricted Deposits | The following table presents the Company’s restricted deposits as of June 30, 2020 and December 31, 2019 (amounts in thousands):
|  | June 30, 2020 |  |  | December 31, 2019 |
Mortgage escrow deposits: |  |  |  |  |  |  |  |
Replacement reserves |  | $ | 9,233 |  |  | $ | 8,543 |
Mortgage principal reserves/sinking funds |  |  | 11,895 |  |  |  | 9,689 |
Mortgage escrow deposits |  |  | 21,128 |  |  |  | 18,232 |
Restricted cash: |  |  |  |  |  |  |  |
Tax-deferred (1031) exchange proceeds |  |  | — |  |  |  | 14,232 |
Restricted deposits on real estate investments |  |  | 747 |  |  |  | 658 |
Resident security and utility deposits |  |  | 34,869 |  |  |  | 37,140 |
Other |  |  | 1,373 |  |  |  | 984 |
Restricted cash |  |  | 36,989 |  |  |  | 53,014 |
Restricted deposits |  | $ | 58,117 |  |  | $ | 71,246 |

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