RESTRICTED CASH

12 Months Ended

Dec. 31, 2025

Restricted Cash and Investments [Abstract]

RESTRICTED CASH

RESTRICTED CASH

Restricted cash primarily consists of resident security deposits held across various Company properties, as well as escrow and reserve accounts established pursuant to certain mortgage financing arrangements for debt service and real estate tax obligations. Restricted cash is summarized as follows (dollars in thousands):

	December 31, 2025		December 31, 2024
Security deposits	$	9,329	$	9,410
Escrow and other reserve funds	5,903		7,649
Total restricted cash	$	15,232	$	17,059