Restricted Deposits (Tables)

6 Months Ended

Jun. 30, 2023

Deposits Restricted [Abstract]

Restricted Deposits

The following table presents the Company’s restricted deposits as of June 30, 2023 and December 31, 2022 (amounts in thousands):

	June 30, 2023		December 31, 2022
Mortgage escrow deposits:
Replacement reserves	$	13,440	$	12,549
Mortgage principal reserves/sinking funds		28,802		25,304
Mortgage escrow deposits		42,242		37,853
Restricted cash:
Earnest money on pending acquisitions		4,000		4,500
Restricted deposits on real estate investments		225		229
Resident security and utility deposits		39,504		38,432
Other		2,970		2,289
Restricted cash		46,699		45,450
Restricted deposits	$	88,941	$	83,303