v3.26.1
Cash, Cash Equivalents, and Restricted Cash (Tables)
6 Months Ended
Jun. 30, 2026
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the condensed consolidated balance sheets that sum to the total of such amounts shown on the condensed consolidated statements of cash flows:
June 30,
2026
December 31, 2025
Cash and cash equivalents$75,786 $129,971 
Restricted cash251,497 224,894 
Total cash, cash equivalents, and restricted cash shown on the condensed consolidated statements of cash flows
$327,283 $354,865 
Schedule of Restricted Cash
The balances of our restricted cash accounts are set forth in the table below. As of June 30, 2026 and December 31, 2025, no amounts were funded to the insurance accounts as the conditions specified in the Secured Debt loan agreements that require such funding did not exist.
June 30,
2026
December 31, 2025
Resident security deposits$187,413 $184,883 
Tax deferred property exchange deposits
37,606 23,346 
Property taxes14,129 4,079 
Collections6,656 8,177 
Capital expenditures2,863 1,623 
Letters of credit2,554 2,510 
Special and other reserves276 276 
Total$251,497 $224,894