Restricted Deposits (Tables)

6 Months Ended

Jun. 30, 2024

Deposits Restricted [Abstract]

Restricted Deposits

The following table presents the Company’s restricted deposits as of June 30, 2024 and December 31, 2023 (amounts in thousands):

	June 30, 2024		December 31, 2023
Mortgage escrow deposits:
Real estate taxes and insurance	$	694	$	307
Mortgage principal reserves/sinking funds		33,266		29,270
Mortgage escrow deposits		33,960		29,577
Restricted cash:
Earnest money on pending acquisitions		4,000		524
Restricted deposits on real estate investments		2,228		2,181
Resident security and utility deposits		41,190		40,149
Replacement reserves		16,880		15,571
Other		1,865		1,250
Restricted cash		66,163		59,675
Restricted deposits	$	100,123	$	89,252