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Deposits - Restricted (Tables)
3 Months Ended
Mar. 31, 2016
Deposits - Restricted [Abstract]  
Schedule of Restricted Cash and Cash Equivalents [Table Text Block]
The following table presents the Company’s restricted deposits as of March 31, 2016 and December 31, 2015 (amounts in thousands):

 
 
March 31,
2016
 
December 31,
2015
Tax-deferred (1031) exchange proceeds
 
$
195,636

 
$

Earnest money on pending acquisitions
 

 
1,000

Restricted deposits on real estate investments
 
4,974

 
6,077

Resident security and utility deposits
 
38,635

 
48,458

Other
 
2,496

 
358

Totals
 
$
241,741

 
$
55,893

Escrow Deposits [Text Block]
The following table presents the Company’s escrow deposits as of March 31, 2016 and December 31, 2015 (amounts in thousands):
 
 
March 31,
2016
 
December 31,
2015
Real estate taxes and insurance
 
$
2,432

 
$
1,977

Replacement reserves
 
3,766

 
3,962

Mortgage principal reserves/sinking funds
 
52,305

 
50,155

Other
 
852

 
852

Totals
 
$
59,355

 
$
56,946