Restricted Deposits (Tables)

9 Months Ended

Sep. 30, 2023

Deposits Restricted [Abstract]

Restricted Deposits

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

	September 30, 2023		December 31, 2022
Mortgage escrow deposits:
Real estate taxes and insurance	$	942	$	—
Replacement reserves		15,037		12,549
Mortgage principal reserves/sinking funds		30,234		25,304
Mortgage escrow deposits		46,213		37,853
Restricted cash:
Earnest money on pending acquisitions		25		4,500
Restricted deposits on real estate investments		182		229
Resident security and utility deposits		39,821		38,432
Other		1,236		2,289
Restricted cash		41,264		45,450
Restricted deposits	$	87,477	$	83,303