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Restricted Deposits (Tables)
12 Months Ended
Dec. 31, 2018
Deposits Restricted [Abstract]  
Restricted Deposits

The following table presents the Company’s restricted deposits as of December 31, 2018 and 2017 (amounts in thousands):

 

 

 

December 31, 2018

 

 

December 31, 2017

 

Mortgage escrow deposits:

 

 

 

 

 

 

 

 

Real estate taxes and insurance

 

$

876

 

 

$

845

 

Replacement reserves

 

 

8,641

 

 

 

8,347

 

Mortgage principal reserves/sinking funds

 

 

9,754

 

 

 

3,167

 

Other

 

 

852

 

 

 

852

 

Mortgage escrow deposits

 

 

20,123

 

 

 

13,211

 

Restricted cash:

 

 

 

 

 

 

 

 

Earnest money on pending acquisitions

 

 

5,000

 

 

 

750

 

Restricted deposits on real estate investments

 

 

540

 

 

 

58

 

Resident security and utility deposits

 

 

35,659

 

 

 

35,183

 

Other

 

 

7,549

 

 

 

913

 

Restricted cash

 

 

48,748

 

 

 

36,904

 

Restricted deposits

 

$

68,871

 

 

$

50,115