Deposits – Restricted and Escrow Deposits – Mortgage

6 Months Ended

Jun. 30, 2017

Deposits – Restricted and Escrow Deposits – Mortgage

7.	Deposits – Restricted and Escrow Deposits – Mortgage

The following table presents the Company’s restricted deposits as of June 30, 2017 and December 31, 2016 (amounts in thousands):

	June 30, 2017		December 31, 2016
Tax-deferred (1031) exchange proceeds	$	217,235	$	38,847
Restricted deposits on real estate investments		87		733
Resident security and utility deposits		36,146		37,007
Other		910		359
Totals	$	254,378	$	76,946

The following table presents the Company’s escrow deposits for mortgages as of June 30, 2017 and December 31, 2016 (amounts in thousands):

	June 30, 2017		December 31, 2016
Real estate taxes and insurance	$	1,103	$	2,003
Replacement reserves		7,536		3,428
Mortgage principal reserves/sinking funds		11,525		58,652
Other		852		852
Totals	$	21,016	$	64,935

During the six months ended June 30, 2017, the Company received approximately $48.9 million from the return of various mortgage principal reserves/sinking funds on certain tax-exempt mortgage bond deals.