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v3.25.3

Restricted Deposits (Tables) | 9 Months Ended
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Sep. 30, 2025
Deposits Restricted [Abstract] |
Restricted Deposits | The following table presents the Company’s restricted deposits as of September 30, 2025 and December 31, 2024 (amounts in thousands):
|  | September 30, 2025 |  |  | December 31, 2024 |
Mortgage escrow deposits: |  |  |  |  |  |
Real estate taxes and insurance |  | $ | 410 |  |  | $ | 217 |
Mortgage principal reserves/sinking funds |  |  | 34,941 |  |  |  | 31,208 |
Mortgage escrow deposits |  |  | 35,351 |  |  |  | 31,425 |
Restricted cash: |  |  |  |  |  |
Tax-deferred (1031) exchange proceeds |  |  | 5,598 |  |  |  | — |
Restricted deposits on real estate investments |  |  | 2,196 |  |  |  | 2,143 |
Resident security and utility deposits |  |  | 48,463 |  |  |  | 44,287 |
Replacement reserves |  |  | 12,364 |  |  |  | 17,914 |
Other |  |  | 2,438 |  |  |  | 2,095 |
Restricted cash |  |  | 71,059 |  |  |  | 66,439 |
Restricted deposits |  | $ | 106,410 |  |  | $ | 97,864 |

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- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-8 + Details
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