Cash, Cash Equivalents, and Restricted Cash (Tables)

12 Months Ended

Dec. 31, 2022

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 consolidated balance sheets that sum to the total of such amounts shown in the consolidated statements of cash flows:

	December 31, 2022		December 31, 2021
Cash and cash equivalents	$	262,870	$	610,166
Restricted cash	191,057		208,692
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	453,927	$	818,858

Schedule of Restricted Cash

The balances of our restricted cash accounts, as of December 31, 2022 and 2021, are set forth in the table below. As of December 31, 2022 and 2021, 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.

	December 31, 2022		December 31, 2021
Resident security deposits	$	175,829	$	165,454
Collections	7,415		21,402
Property taxes	2,717		12,615
Capital expenditures	2,297		4,368
Letters of credit	2,109		3,682
Special and other reserves	690		1,171
Total	$	191,057	$	208,692