Quarterly report pursuant to Section 13 or 15(d)

RESTRICTED CASH

v3.24.2
RESTRICTED CASH
6 Months Ended
Jun. 30, 2024
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):
June 30,
2024
December 31,
2023
Security deposits $ 10,430 $ 9,996
Escrow and other reserve funds 12,103 16,576
Total restricted cash $ 22,533 $ 26,572