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Restricted Deposits | 12 Months Ended
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Dec. 31, 2020
Deposits Restricted [Abstract] |
Restricted Deposits |
7. | Restricted Deposits
The following table presents the Company’s restricted deposits as of December 31, 2020 and 2019 (amounts in thousands):
|  | December 31, 2020 |  |  | December 31, 2019 |
Mortgage escrow deposits: |  |  |  |  |  |  |  |
Replacement reserves |  | $ | 9,877 |  |  | $ | 8,543 |
Mortgage principal reserves/sinking funds |  |  | 14,168 |  |  |  | 9,689 |
Mortgage escrow deposits |  |  | 24,045 |  |  |  | 18,232 |
Restricted cash: |  |  |  |  |  |  |  |
Tax-deferred (1031) exchange proceeds |  |  | — |  |  |  | 14,232 |
Restricted deposits on real estate investments |  |  | 307 |  |  |  | 658 |
Resident security and utility deposits |  |  | 31,412 |  |  |  | 37,140 |
Other |  |  | 1,373 |  |  |  | 984 |
Restricted cash |  |  | 33,092 |  |  |  | 53,014 |
Restricted deposits |  | $ | 57,137 |  |  | $ | 71,246 |

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- Definition Deposits - restricted. + 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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