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Cash, Cash Equivalents, and Restricted Cash (Tables)
 3 Months Ended
Mar. 31, 2023
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the condensed consolidated balance sheets that sum to the total of such amounts shown in the condensed consolidated statements of cash flows:
March 31, 2023December 31, 2022
Cash and cash equivalents$325,277 $262,870 
Restricted cash203,019 191,057 
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows
$528,296 $453,927 
Schedule of Restricted Cash
The balances of our restricted cash accounts, as of March 31, 2023 and December 31, 2022, are set forth in the table below. As of March 31, 2023 and December 31, 2022, no amounts were funded to the insurance accounts as the conditions specified in the mortgage loan and Secured Term Loan agreements that require such funding did not exist.
March 31, 2023December 31, 2022
Resident security deposits$177,163 $175,829 
Collections10,912 7,415 
Property taxes10,292 2,717 
Letters of credit2,115 2,109 
Capital expenditures1,847 2,297 
Special and other reserves690 690 
Total$203,019 $191,057