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Cash and Restricted Cash
6 Months Ended
Jun. 30, 2019
Cash And Cash Equivalents [Abstract]  
Cash and Restricted Cash

4. CASH AND RESTRICTED CASH

Restricted cash represents those amounts required to be placed in escrow by banks with whom the Company has entered into mortgages and amounts required to be placed into escrow related to the Company’s tenant reinsurance program which became effective April 1, 2019 (see Note 2). Restricted cash is included in other assets in the consolidated balance sheets. The following table provides a reconciliation of cash and restricted cash reported within the consolidated statement of cash flows:

 

(Dollars in thousands)

 

June 30,

2019

 

 

December 31,

2018

 

 

June 30,

2018

 

Cash

 

$

46,058

 

 

$

13,560

 

 

$

7,327

 

Restricted cash

 

 

4,625

 

 

 

505

 

 

 

476

 

Total cash and restricted cash

 

$

50,683

 

 

$

14,065

 

 

$

7,803