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Consolidated Statements of Cash Flows - Footnotes (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash, cash equivalents, and restricted cash $ 43,579 [1] $ 24,051
Thames Street Wharf    
Write off of right of use asset $ 400  
Annapolis Junction Apartments Owner LLC | The Residences at Annapolis Junction    
Selling price   $ 5,000
[1] The following table sets forth the items from the Company's consolidated balance sheets that are included in cash, cash equivalents, and restricted cash in the consolidated statements of cash flows:
 As of December 31,
 20212020
Cash and cash equivalents$35,247 $40,998 
Restricted cash (a)
5,196 9,432 
Cash, cash equivalents, and restricted cash$40,443 $50,430 
(a) Restricted cash represents amounts held by lenders for real estate taxes, insurance, and reserves for capital improvements.