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Restricted Deposits | 9 Months Ended
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Sep. 30, 2022
Deposits Restricted [Abstract] |
Restricted Deposits | 7. Restricted Deposits The following table presents the Company’s restricted deposits as of September 30, 2022 and December 31, 2021 (amounts in thousands):
|  | September 30, 2022 |  |  | December 31, 2021 |
Mortgage escrow deposits: |  |  |  |  |  |
Replacement reserves |  | $ | 12,213 |  |  | $ | 11,156 |
Mortgage principal reserves/sinking funds |  |  | 23,484 |  |  |  | 19,104 |
Mortgage escrow deposits |  |  | 35,697 |  |  |  | 30,260 |
Restricted cash: |  |  |  |  |  |
Tax-deferred (1031) exchange proceeds |  |  | — |  |  |  | 166,362 |
Earnest money on pending acquisitions |  |  | — |  |  |  | 2,000 |
Restricted deposits on real estate investments |  |  | 235 |  |  |  | 284 |
Resident security and utility deposits |  |  | 38,458 |  |  |  | 35,663 |
Other |  |  | 2,289 |  |  |  | 1,835 |
Restricted cash |  |  | 40,982 |  |  |  | 206,144 |
Restricted deposits |  | $ | 76,679 |  |  | $ | 236,404 |

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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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