Restricted Deposits (Tables)

12 Months Ended

Dec. 31, 2017

Deposits Restricted [Abstract]

Restricted Deposits

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

	December 31, 2017		December 31, 2016
Mortgage escrow deposits:
Real estate taxes and insurance	$	845	$	2,003
Replacement reserves		8,347		3,428
Mortgage principal reserves/sinking funds		3,167		58,652
Other		852		852
Mortgage escrow deposits		13,211		64,935
Restricted cash:
Tax-deferred (1031) exchange proceeds		—		38,847
Earnest money on pending acquisitions		750		—
Restricted deposits on real estate investments		58		733
Resident security and utility deposits		35,183		37,007
Other		913		359
Restricted cash		36,904		76,946
Restricted deposits	$	50,115	$	141,881