Deposits - Restricted

12 Months Ended

Dec. 31, 2015

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, 2015 and 2014 (amounts in thousands):

	December 31, 2015		December 31, 2014
Earnest money on pending acquisitions	$	1,000	$	580
Restricted deposits on real estate investments	6,077		24,701
Resident security and utility deposits	48,458		46,516
Other	358		506
Totals	$	55,893	$	72,303

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

	December 31, 2015		December 31, 2014
Real estate taxes and insurance	$	1,977	$	2,235
Replacement reserves	3,962		3,431
Mortgage principal reserves/sinking funds	50,155		41,567
Other	852		852
Totals	$	56,946	$	48,085