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Cash, Cash Equivalents and Restricted Cash
6 Months Ended
Jun. 30, 2022
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Restricted Cash Cash, Cash Equivalents and Restricted Cash
Restricted cash primarily consists of funds held related to resident security deposits, cash reserves in accordance with certain loan agreements and funds held in the custody of our transfer agent for the payment of distributions. Funds held related to resident security deposits are restricted during the term of the related lease agreement, which is generally one year. Cash reserved in connection with lender requirements is restricted during the term of the related debt instrument.

The following table provides a reconciliation of cash, cash equivalents and restricted cash per the condensed consolidated statements of cash flows to the corresponding financial statement line items in the condensed consolidated balance sheets (amounts in thousands):
June 30,December 31,
2022202120212020
Cash and cash equivalents$70,375 $40,585 $48,198 $137,060 
Restricted cash151,790 142,951 143,569 128,017 
Total cash, cash equivalents and restricted cash$222,165 $183,536 $191,767 $265,077