Deposits - Restricted

12 Months Ended

Dec. 31, 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 December 31, 2014 and 2013 (amounts in thousands):

	December 31, 2014		December 31, 2013
Earnest money on pending acquisitions	$	580	$	4,514
Restricted deposits on real estate investments	24,701		53,771
Resident security and utility deposits	46,516		44,777
Other	506		505
Totals	$	72,303	$	103,567

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

	December 31, 2014		December 31, 2013
Real estate taxes and insurance	$	2,235	$	3,687
Replacement reserves	3,431		4,229
Mortgage principal reserves/sinking funds	41,567		33,868
Other	852		852
Totals	$	48,085	$	42,636