Restricted Deposits (Tables)

6 Months Ended

Jun. 30, 2021

Deposits Restricted [Abstract]

Restricted Deposits

The following table presents the Company’s restricted deposits as of June 30, 2021 and December 31, 2020 (amounts in thousands):

	June 30, 2021		December 31, 2020
Mortgage escrow deposits:
Replacement reserves	$	10,497	$	9,877
Mortgage principal reserves/sinking funds		16,580		14,168
Mortgage escrow deposits		27,077		24,045
Restricted cash:
Tax-deferred (1031) exchange proceeds		285,147		—
Earnest money on pending acquisitions		6,250		—
Restricted deposits on real estate investments		296		307
Resident security and utility deposits		32,405		31,412
Other		1,834		1,373
Restricted cash		325,932		33,092
Restricted deposits	$	353,009	$	57,137