Restricted Deposits

3 Months Ended

Mar. 31, 2019

7.	Restricted Deposits

The following table presents the Company’s restricted deposits as of March 31, 2019 and December 31, 2018 (amounts in thousands):

	March 31, 2019		December 31, 2018
Mortgage escrow deposits:
Real estate taxes and insurance	$	1,311	$	876
Replacement reserves		9,023		8,641
Mortgage principal reserves/sinking funds		11,514		9,754
Other		852		852
Mortgage escrow deposits		22,700		20,123
Restricted cash:
Earnest money on pending acquisitions		3,125		5,000
Restricted deposits on real estate investments		534		540
Resident security and utility deposits		36,213		35,659
Other		1,543		7,549
Restricted cash		41,415		48,748
Restricted deposits	$	64,115	$	68,871