Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash

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Restricted Cash
9 Months Ended
Sep. 30, 2015
Restricted Cash [Abstract]  
Restricted Cash

6.    RESTRICTED CASH

 

Restricted cash generally includes tenant and resident security deposits for certain of the Company’s properties, and escrow and reserve funds for debt service, real estate taxes, property insurance, capital improvements, tenant improvements, and leasing costs established pursuant to certain mortgage financing arrangements, and is comprised of the following:  (dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

December 31,

 

 

2015 

 

 

2014 

Security deposits

$

7,681 

 

$

7,795 

Escrow and other reserve funds

 

32,387 

 

 

26,450 

 

 

 

 

 

 

Total restricted cash

$

40,068 

 

$

34,245