Deposits - Restricted

6 Months Ended

Jun. 30, 2014

Deposits - Restricted [Abstract]

Restricted Cash And Cash Equivalents Disclosure [Text Block]

7. Deposits – Restricted and Escrow Deposits – Mortgage

The following table presents the Company’s restricted deposits as of June 30, 2014 and December 31, 2013 (amounts in thousands):

	June 30, 2014		December 31, 2013
Earnest money on pending acquisitions	$	830	$	4,514
Restricted deposits on real estate investments	36,476		53,771
Resident security and utility deposits	46,597		44,777
Other	505		505
Totals	$	84,408	$	103,567

The following table presents the Company’s escrow deposits as of June 30, 2014 and December 31, 2013 (amounts in thousands):

	June 30, 2014		December 31, 2013
Real estate taxes and insurance	$	3,500	$	3,687
Replacement reserves	3,469		4,229
Mortgage principal reserves/sinking funds	37,448		33,868
Other	852		852
Totals	$	45,269	$	42,636