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RESTRICTED DEPOSITS AND FUNDED RESERVES
9 Months Ended
Sep. 30, 2024
RESTRICTED DEPOSITS AND FUNDED RESERVES  
RESTRICTED DEPOSITS AND FUNDED RESERVES

NOTE 4 – Restricted deposits and FUNDED reserves

The following table summarizes the Trust’s restricted deposits and funded reserves.

    

As of September 30,

As of December 31,

2024

2023

(in thousands)

Tenant security deposits

$

7,918

$

6,945

Real estate tax and insurance escrows

654

676

Replacement reserves

117

1,443

Other funded reserves

1,092

1,078

$

9,781

$

10,142