Restricted Deposits

3 Months Ended

Mar. 31, 2023

The following table presents the Company’s restricted deposits as of March 31, 2023 and December 31, 2022 (amounts in thousands):


	March 31, 2023		December 31, 2022
Mortgage escrow deposits:
Replacement reserves	$	12,960	$	12,549
Mortgage principal reserves/sinking funds		27,017		25,304
Mortgage escrow deposits		39,977		37,853
Restricted cash:
Earnest money on pending acquisitions		4,500		4,500
Restricted deposits on real estate investments		226		229
Resident security and utility deposits		38,640		38,432
Other		2,282		2,289
Restricted cash		45,648		45,450
Restricted deposits	$	85,625	$	83,303