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v3.22.1

Restricted Deposits (Tables) | 3 Months Ended
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Mar. 31, 2022
Deposits Restricted [Abstract] |
Restricted Deposits | The following table presents the Company’s restricted deposits as of March 31, 2022 and December 31, 2021 (amounts in thousands):
|  | March 31, 2022 |  |  | December 31, 2021 |
Mortgage escrow deposits: |  |  |  |  |  |  |  |
Replacement reserves |  | $ | 11,489 |  |  | $ | 11,156 |
Mortgage principal reserves/sinking funds |  |  | 20,409 |  |  |  | 19,104 |
Mortgage escrow deposits |  |  | 31,898 |  |  |  | 30,260 |
Restricted cash: |  |  |  |  |  |  |  |
Tax-deferred (1031) exchange proceeds |  |  | — |  |  |  | 166,362 |
Earnest money on pending acquisitions |  |  | — |  |  |  | 2,000 |
Restricted deposits on real estate investments |  |  | 279 |  |  |  | 284 |
Resident security and utility deposits |  |  | 36,559 |  |  |  | 35,663 |
Other |  |  | 1,824 |  |  |  | 1,835 |
Restricted cash |  |  | 38,662 |  |  |  | 206,144 |
Restricted deposits |  | $ | 70,560 |  |  | $ | 236,404 |

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- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123431023&loc=SL98516268-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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