Quarterly report [Sections 13 or 15(d)]

RESTRICTED CASH

v3.25.1
RESTRICTED CASH
3 Months Ended
Mar. 31, 2025
Restricted Cash and Investments [Abstract]  
RESTRICTED CASH RESTRICTED CASH
Restricted cash generally includes resident and tenant 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):
March 31,
2025
December 31,
2024
Security deposits $ 9,287 $ 9,410
Escrow and other reserve funds 5,225 7,649
Total restricted cash $ 14,512 $ 17,059