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what does your contract with your roommates say? if you don't have a written contract with your roomies (not your lease contract, but an actual written contract between yourselves) that says specifically that THEY have paid YOU a security deposit for reasons a, b and c (damages, unpaid rent, etc.), you're going to have a lot of trouble proving that you have the right to keep their security deposits.

if you do have a written contract with your roommates, the following applies:
an apartment manager who doesn't receive all of the rent is not required to return the security deposit in full because the tenant reneged on their side of the written contract. you are essentially acting as a "broker" for the apartment, so this applies, as long as you have a written contract with the people you lived with.