Deposits - Restricted

3 Months Ended

Mar. 31, 2012

Deposits – Restricted

The following table presents the Company’s restricted deposits as of March 31, 2012 and December 31, 2011 (amounts in thousands):



	March 31, 2012		December 31, 2011
Tax–deferred (1031) exchange proceeds	$	79,145	$	53,668
Earnest money on pending acquisitions	10,175		7,882
Restricted deposits on debt	2,161		2,370
Restricted deposits on real estate investments	43,586		43,970
Resident security and utility deposits	43,029		40,403
Other	4,086		3,944
Totals	$	182,182	$	152,237