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Restricted Deposits | 12 Months Ended
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Dec. 31, 2021
Deposits Restricted [Abstract] |
Restricted Deposits |
7. | Restricted Deposits
The following table presents the Company’s restricted deposits as of December 31, 2021 and 2020 (amounts in thousands):
|  | December 31, 2021 |  |  | December 31, 2020 |
Mortgage escrow deposits: |  |  |  |  |  |  |  |
Replacement reserves |  | $ | 11,156 |  |  | $ | 9,877 |
Mortgage principal reserves/sinking funds |  |  | 19,104 |  |  |  | 14,168 |
Mortgage escrow deposits |  |  | 30,260 |  |  |  | 24,045 |
Restricted cash: |  |  |  |  |  |  |  |
Tax-deferred (1031) exchange proceeds |  |  | 166,362 |  |  |  | — |
Earnest money on pending acquisitions |  |  | 2,000 |  |  |  | — |
Restricted deposits on real estate investments |  |  | 284 |  |  |  | 307 |
Resident security and utility deposits |  |  | 35,663 |  |  |  | 31,412 |
Other |  |  | 1,835 |  |  |  | 1,373 |
Restricted cash |  |  | 206,144 |  |  |  | 33,092 |
Restricted deposits |  | $ | 236,404 |  |  | $ | 57,137 |

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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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