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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

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NOTE 4 – Restricted deposits and FUNDED reserves

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

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As of September 30,

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As of December 31,

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2024

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2023

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(in thousands)

Tenant security deposits

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$

7,918

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$

6,945

Real estate tax and insurance escrows

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654

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676

Replacement reserves

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117

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1,443

Other funded reserves

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1,092

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1,078

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$

9,781

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$

10,142

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