Deposits - Restricted (Tables)

6 Months Ended

Jun. 30, 2015

Deposits - Restricted [Abstract]

Schedule of Restricted Cash and Cash Equivalents [Table Text Block]

The following table presents the Company’s restricted deposits as of June 30, 2015 and December 31, 2014 (amounts in thousands):

	June 30, 2015		December 31, 2014
Tax-deferred (1031) exchange proceeds	$	40,383	$	—
Earnest money on pending acquisitions	2,210		580
Restricted deposits on real estate investments	13,605		24,701
Resident security and utility deposits	46,976		46,516
Other	334		506
Totals	$	103,508	$	72,303

Escrow Deposits [Text Block]

The following table presents the Company’s escrow deposits as of June 30, 2015 and December 31, 2014 (amounts in thousands):

	June 30, 2015		December 31, 2014
Real estate taxes and insurance	$	2,617	$	2,235
Replacement reserves	3,657		3,431
Mortgage principal reserves/sinking funds	45,736		41,567
Other	852		852
Totals	$	52,862	$	48,085