Restricted Deposits

3 Months Ended

Mar. 31, 2020

Deposits Restricted [Abstract]

Restricted Deposits

7. Restricted Deposits

The following table presents the Company’s restricted deposits as of March 31, 2020 and December 31, 2019 (amounts in thousands):

	March 31, 2020		December 31, 2019
Mortgage escrow deposits:
Replacement reserves	$	8,771	$	8,543
Mortgage principal reserves/sinking funds		10,755		9,689
Mortgage escrow deposits		19,526		18,232
Restricted cash:
Tax-deferred (1031) exchange proceeds		—		14,232
Restricted deposits on real estate investments		654		658
Resident security and utility deposits		37,279		37,140
Other		976		984
Restricted cash		38,909		53,014
Restricted deposits	$	58,435	$	71,246