Cover Page
Cover Page - USD ($) | 12 Months Ended | ||
Dec. 31, 2022 | Feb. 16, 2023 | Jun. 30, 2022 | |
Cover Page [Abstract] | |||
Document Type | 10-K | ||
Document Period End Date | Dec. 31, 2022 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Registrant Name | SUN COMMUNITIES, INC | ||
Entity Incorporation, State or Country Code | MD | ||
Entity File Number | 1-12616 | ||
Entity Tax Identification Number | 38-2730780 | ||
Entity Address, Address Line One | 27777 Franklin Rd, | ||
Entity Address, Address Line Two | Suite 300, | ||
Entity Address, City or Town | Southfield, | ||
Entity Address, State or Province | MI | ||
Entity Address, Postal Zip Code | 48034 | ||
City Area Code | 248 | ||
Local Phone Number | 208-2500 | ||
Title of 12(b) Security | Common Stock, $0.01 par value | ||
Trading Symbol | SUI | ||
Security Exchange Name | NYSE | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | false | ||
ICFR Auditor Attestation Flag | true | ||
Entity Shell Company | false | ||
Entity Public Float | $ 19,130,159,251 | ||
Entity Common Stock, Shares Outstanding | 124,099,219 | ||
Documents Incorporated by Reference | Unless provided in an amendment to this Annual Report on Form 10-K, the information required by Part III is incorporated by reference to the registrant's proxy statement to be filed pursuant to Regulation 14A, with respect to the registrant's 2023 annual meeting of shareholders. | ||
Amendment Flag | false | ||
Document Fiscal Year Focus | 2022 | ||
Document Fiscal Period Focus | FY | ||
Entity Central Index Key | 0000912593 | ||
Document Annual Report | true | ||
Document Transition Report | false |
Audit Information
Audit Information | 12 Months Ended |
Dec. 31, 2022 | |
Audit Information [Abstract] | |
Auditor Firm ID | 248 |
Auditor Name | GRANT THORNTON LLP |
Auditor Location | Philadelphia, Pennsylvania |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Assets | ||
Land | $ 4,322.3 | $ 2,556.3 |
Land improvements and buildings | 10,903.4 | 9,958.3 |
Rental homes and improvements | 645.2 | 591.7 |
Furniture, fixtures and equipment | 839 | 656.4 |
Investment property | 16,709.9 | 13,762.7 |
Accumulated depreciation | (2,738.9) | (2,337.2) |
Investment property, net | 13,971 | 11,425.5 |
Cash, cash equivalents and restricted cash | 90.4 | 78.2 |
Marketable securities | 127.3 | 186.9 |
Inventory of manufactured homes | 202.7 | 51.1 |
Notes and other receivables, net | 617.3 | 469.6 |
Goodwill | 1,018.4 | 495.4 |
Other intangible assets, net | 402 | 306.8 |
Other assets, net | 655.1 | 480.6 |
Total Assets | 17,084.2 | 13,494.1 |
Liabilities | ||
Secured debt | 3,217.8 | 3,380.7 |
Unsecured debt | 3,979.4 | 2,291.1 |
Distributions payable | 111.3 | 98.4 |
Advanced reservation deposits and rent | 352.1 | 242.8 |
Accrued expenses and accounts payable | 396.3 | 237.5 |
Other liabilities | 935.9 | 224.1 |
Total Liabilities | 8,992.8 | 6,474.6 |
Temporary equity | 202.9 | 288.9 |
Shareholders' Equity | ||
Common stock | 1.2 | 1.2 |
Additional paid-in capital | 9,549.7 | 8,175.6 |
Accumulated other comprehensive income / (loss) | (9.9) | 3.1 |
Distributions in excess of accumulated earnings | (1,731.2) | (1,556) |
Total SUI shareholders' equity | 7,809.8 | 6,623.9 |
Noncontrolling interests | ||
Common and preferred OP units | 78.7 | 86.8 |
Consolidated entities | 0 | 19.9 |
Total noncontrolling interests | 78.7 | 106.7 |
Total Shareholders' Equity | 7,888.5 | 6,730.6 |
Total Liabilities, Temporary Equity and Shareholders' Equity | $ 17,084.2 | $ 13,494.1 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - $ / shares | Dec. 31, 2022 | Dec. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Common stock, par value (in USD per share) | $ 0.01 | $ 0.01 |
Common stock, shares authorized (in shares) | 180,000,000 | |
Common stock, shares issued (in shares) | 124,044,803 | 116,000,000 |
Common stock, shares outstanding (in shares) | 124,044,803 | 116,000,000 |
Consolidated Statements Of Oper
Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenues | |||
Real property | $ 1,902.2 | $ 1,598.2 | $ 1,130.1 |
Home sales | 465.8 | 280.2 | 175.7 |
Service, retail, dining and entertainment | 531.6 | 351.8 | 65.2 |
Interest | 35.2 | 12.2 | 10.1 |
Brokerage commissions and other, net | 34.9 | 30.2 | 17.2 |
Total Revenues | 2,969.7 | 2,272.6 | 1,398.3 |
Expenses | |||
Property operating and maintenance | 624.6 | 500.8 | 336.2 |
Real estate tax | 110.6 | 94.8 | 72.6 |
Home costs and selling | 311.2 | 205.8 | 147.1 |
Service, retail, dining and entertainment | 472.7 | 307.9 | 58 |
General and administrative | 256.8 | 181.3 | 109.5 |
Catastrophic event-related charges, net | 17.5 | 2.2 | 0.9 |
Business combinations | 24.7 | 1.4 | 23 |
Depreciation and amortization | 604.8 | 522.7 | 376.9 |
Loss on Extinguishment of Debt | (4.4) | (8.1) | (5.2) |
Interest | 229.8 | 158.6 | 129.1 |
Interest on mandatorily redeemable preferred OP units / equity | 4.2 | 4.2 | 4.2 |
Total Expenses | 2,661.3 | 1,987.8 | 1,262.7 |
Income Before Other Items | 308.4 | 284.8 | 135.6 |
Gain / (loss) on remeasurement of marketable securities | (53.4) | 33.5 | 6.1 |
Gain / (loss) on foreign currency exchanges | 5.4 | (3.7) | 7.7 |
Gain on dispositions of properties | 12.2 | 108.1 | 5.6 |
Other expense, net | (2.1) | (12.1) | (5.2) |
Gain / (loss) on remeasurement of notes receivable | (0.8) | 0.7 | (3.3) |
Income from nonconsolidated affiliates | 2.9 | 4 | 1.7 |
Loss on remeasurement of investment in nonconsolidated affiliates | (2.7) | (0.2) | (1.6) |
Current tax expense | (10.3) | (1.2) | (0.8) |
Deferred tax benefit / (expense) | 4.2 | (0.1) | 1.6 |
Net Income | 263.8 | 413.8 | 147.4 |
Less: Preferred return to preferred OP units / equity interests | 11 | 12.1 | 6.9 |
Less: Income attributable to noncontrolling interests | 10.8 | 21.5 | 8.9 |
Net Income Attributable to SUI Common Shareholders | $ 242 | $ 380.2 | $ 131.6 |
Weighted average common shares outstanding: | |||
Weighted average common shares outstanding - basic (in shares) | 120.2 | 112.6 | 97.5 |
Weighted average common shares outstanding - diluted (in shares) | 122.9 | 115.1 | 97.5 |
Earnings (loss) per share: | |||
Basic earnings per share (in USD per share) | $ 2 | $ 3.36 | $ 1.34 |
Diluted earnings per share (in USD per share) | $ 2 | $ 3.36 | $ 1.34 |
Consolidated Statements Of Comp
Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement of Comprehensive Income [Abstract] | |||
Net Income | $ 263.8 | $ 413.8 | $ 147.4 |
Foreign currency translation gain / (loss) adjustment | (76.9) | (0.5) | 4.2 |
Change in unrealized gain on interest rate derivatives | 64.3 | 0.4 | 0 |
Less: interest rate derivative gain reclassified to earnings | (1.3) | 0 | 0 |
Net unrealized gain on interest rate derivatives | 63 | 0.4 | 0 |
Total Comprehensive Income | 249.9 | 413.7 | 151.6 |
Less: Comprehensive income attributable to noncontrolling interests | (9.9) | (21.5) | (8.5) |
Comprehensive Income attributable to SUI | $ 240 | $ 392.2 | $ 143.1 |
Consolidated Statement Of Stock
Consolidated Statement Of Stockholders' Equity - USD ($) shares in Millions, $ in Millions | Total | Series G preferred OP units | Series H preferred OP units | Series I preferred OP units | Series J Preferred OP Units | Temporary Equity | Temporary Equity Series F preferred OP units | Temporary Equity Series G preferred OP units | Temporary Equity Series H preferred OP units | Temporary Equity Series I preferred OP units | Temporary Equity Series J Preferred OP Units | Common Stock | Additional Paid-in Capital | Additional Paid-in Capital Series E preferred OP units | Distributions in Excess of Accumulated Earnings | Accumulated Other Comprehensive Income / (loss) | Noncontrolling Interests | Noncontrolling Interests Series E preferred OP units | Noncontrolling Interests Series H preferred OP units | Total Shareholders' Equity | Total Shareholders' Equity Series E preferred OP units | Total Shareholders' Equity Series H preferred OP units | Total Equity | Total Equity Series E preferred OP units | Total Equity Series F preferred OP units | Total Equity Series G preferred OP units | Total Equity Series H preferred OP units | Total Equity Series I preferred OP units | Total Equity Series J Preferred OP Units |
Beginning balance at Dec. 31, 2019 | $ 3,876 | $ 78 | $ 0.9 | $ 5,213.3 | $ (1,393.1) | $ (1.3) | $ 56.2 | $ 3,954 | |||||||||||||||||||||
Beginning balance (in shares) at Dec. 31, 2019 | 93.2 | ||||||||||||||||||||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||||||||||||||
Issuance of common stock and common OP units, net (in shares) | 14.4 | ||||||||||||||||||||||||||||
Issuance of common stock and common OP units, net | $ 0.2 | 1,863.2 | 37.5 | $ 1,900.9 | 1,900.9 | ||||||||||||||||||||||||
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards (in shares) | (0.1) | ||||||||||||||||||||||||||||
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards | (12.8) | (12.8) | (12.8) | ||||||||||||||||||||||||||
Conversion of OP units (in shares) | 0.1 | ||||||||||||||||||||||||||||
Conversion of OP units | 1 | (1) | |||||||||||||||||||||||||||
Other redeemable noncontrolling interests | 1.5 | (0.3) | (0.3) | 1.2 | |||||||||||||||||||||||||
Issuance of third party equity interests in consolidated entities | 0 | ||||||||||||||||||||||||||||
Share-based compensation - amortization and forfeitures | 22.7 | 0.3 | 23 | 23 | |||||||||||||||||||||||||
Issuance of preferred OP Units | $ 27.3 | $ 58.1 | $ 94.6 | $ 0 | $ 9 | $ 27.3 | $ 58.1 | $ 94.5 | $ 0.2 | $ 8.8 | $ 4.3 | $ 9 | $ 4.3 | $ 9 | $ 9 | $ 27.3 | $ 62.4 | $ 94.5 | |||||||||||
Redemption of OP units | $ (2) | $ (2) | |||||||||||||||||||||||||||
Foreign currency translation | 4.5 | (0.3) | 4.2 | 4.2 | |||||||||||||||||||||||||
Remeasurement of notes receivable and equity method investment | 2 | 2 | 2 | ||||||||||||||||||||||||||
Net Income | 147.4 | 0.5 | 138.6 | 8.4 | 147 | 147.5 | |||||||||||||||||||||||
Distributions | (2.5) | (314.1) | (11.9) | (326) | (328.5) | ||||||||||||||||||||||||
Ending balance at Dec. 31, 2020 | 5,627.3 | 264.4 | $ 1.1 | 7,087.6 | (1,566.6) | 3.2 | 102 | 5,891.7 | |||||||||||||||||||||
Ending balance (in shares) at Dec. 31, 2020 | 107.6 | ||||||||||||||||||||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||||||||||||||
Issuance of common stock and common OP units, net (in shares) | 8.4 | ||||||||||||||||||||||||||||
Issuance of common stock and common OP units, net | $ 0.1 | 1,075.6 | 3.6 | 1,079.3 | 1,079.3 | ||||||||||||||||||||||||
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards (in shares) | (0.1) | ||||||||||||||||||||||||||||
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards | (18.2) | (18.2) | (18.2) | ||||||||||||||||||||||||||
Conversion of OP units (in shares) | 0.1 | ||||||||||||||||||||||||||||
Conversion of OP units | 2.9 | (2.9) | |||||||||||||||||||||||||||
Other redeemable noncontrolling interests | 0.2 | (0.2) | (0.2) | ||||||||||||||||||||||||||
Issuance of third party equity interests in consolidated entities | (2.5) | 2.7 | 0.5 | 0.5 | 3.2 | ||||||||||||||||||||||||
Share-based compensation - amortization and forfeitures | 27.7 | 0.3 | 28 | 28 | |||||||||||||||||||||||||
Issuance of preferred OP Units | 0 | 0 | 0 | 24 | $ 24 | $ 24 | |||||||||||||||||||||||
Other comprehensive loss | (0.1) | (0.1) | (0.1) | ||||||||||||||||||||||||||
Net Income | 413.8 | 5.5 | 392.2 | 16 | 408.2 | 413.7 | |||||||||||||||||||||||
Distributions | (8) | (381.6) | (12.5) | (394.1) | (402.1) | ||||||||||||||||||||||||
OP Units accretion | (0.1) | 0.1 | 0.1 | ||||||||||||||||||||||||||
Ending balance at Dec. 31, 2021 | 6,730.6 | 288.9 | $ 1.2 | 8,175.6 | (1,556) | 3.1 | 106.7 | 7,019.5 | |||||||||||||||||||||
Ending balance (in shares) at Dec. 31, 2021 | 116 | ||||||||||||||||||||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||||||||||||||
Issuance of common stock and common OP units, net (in shares) | 7.2 | ||||||||||||||||||||||||||||
Issuance of common stock and common OP units, net | 1,243.6 | 5.5 | 1,249.1 | 1,249.1 | |||||||||||||||||||||||||
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards (in shares) | (0.1) | ||||||||||||||||||||||||||||
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards | (19.3) | (19.3) | (19.3) | ||||||||||||||||||||||||||
Conversion of OP units (in shares) | 0.9 | ||||||||||||||||||||||||||||
Conversion of OP units | (92.6) | 100.8 | (7.5) | 93.3 | 0.7 | ||||||||||||||||||||||||
Issuance of third party equity interests in consolidated entities | (10.3) | 10.3 | 10.3 | ||||||||||||||||||||||||||
Other redeemable noncontrolling interests | 0.1 | (0.1) | (0.1) | ||||||||||||||||||||||||||
Acquisition of third party equity interest in consolidated entities | 11.7 | (21.1) | (9.4) | (9.4) | |||||||||||||||||||||||||
Share-based compensation - amortization and forfeitures | 37.3 | 0.3 | 37.6 | 37.6 | |||||||||||||||||||||||||
Issuance of preferred OP Units | $ 0 | $ 0 | $ 0 | $ 0 | |||||||||||||||||||||||||
Other comprehensive loss | (13) | (0.9) | (13.9) | (13.9) | |||||||||||||||||||||||||
Net Income | 263.8 | 2.4 | 252.9 | 8.5 | 261.4 | 263.8 | |||||||||||||||||||||||
Distributions | (7) | (427.5) | (12.5) | (440) | (447) | ||||||||||||||||||||||||
OP Units accretion | (0.8) | 0.8 | $ 0.8 | ||||||||||||||||||||||||||
Ending balance at Dec. 31, 2022 | $ 7,888.5 | $ 202.9 | $ 1.2 | $ 9,549.7 | $ (1,731.2) | $ (9.9) | $ 78.7 | $ 8,091.4 | |||||||||||||||||||||
Ending balance (in shares) at Dec. 31, 2022 | 124 |
Consolidated Statements Of Cash
Consolidated Statements Of Cash Flows - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Operating Activities | |||
Net Income | $ 263.8 | $ 413.8 | $ 147.4 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Gain on disposition of assets | (27.3) | (49.3) | (15.2) |
Gain on disposition of properties | (12.2) | (108.1) | (5.6) |
(Gain) / loss on foreign currency exchanges | (5.4) | 3.7 | (7.7) |
(Gain) / loss on remeasurement of marketable securities | 53.4 | (33.5) | (6.1) |
Contingent gain | (3.4) | 0 | 0 |
Loss on remeasurement of contingent liabilities | 0 | 11 | 3 |
Catastrophic event-related impairment | 11.2 | 0 | 0 |
Share-based compensation | 37.6 | 28 | 23 |
Depreciation and amortization | 579.1 | 511.7 | 371.9 |
Deferred tax (benefit) expense | (4.2) | 0.1 | (1.6) |
Other amortization and accretion | 0 | (2.9) | (4.9) |
Loss on extinguishment of debt | 4.4 | 8.1 | 5.2 |
(Gain) / loss on remeasurement of notes receivable | 0.8 | (0.7) | 3.3 |
Loss on remeasurement of investment in nonconsolidated affiliates | 2.7 | 0.2 | 1.6 |
Income from nonconsolidated affiliates | (2.9) | (4) | (1.7) |
Distributions of income from nonconsolidated affiliates | 5.9 | 6.2 | 4.1 |
Cash flow hedge gains reclassified to earnings | (2.6) | 0 | 0 |
Proceeds from gain on derivative settlement | 35.3 | 0 | 0 |
Early lease termination | 4.9 | 0 | 0 |
Change in notes receivable from financed sales of inventory homes, net of repayments | 5.2 | (1.2) | (0.2) |
Change in inventory, other assets and other receivables, net | (274) | (76) | 5.2 |
Change in other liabilities | 62.6 | 46.5 | 21.6 |
Net Cash Provided By Operating Activities | 734.9 | 753.6 | 543.3 |
Investing Activities | |||
Investment in properties | (921) | (672.6) | (538.5) |
Acquisitions, net of cash acquired | (2,213.5) | (1,648.7) | (1,946) |
Proceeds from deposit on acquisition | 2.7 | 0 | 0 |
Proceeds from disposition of assets and depreciated homes, net | 100 | 113.8 | 55.4 |
Proceeds related to disposition of properties | 43.5 | 162.1 | 12.6 |
Issuance of notes and other receivables | (53) | (242.6) | (45.6) |
Repayments of notes and other receivables | 12.5 | 5.3 | 12.2 |
Investments in marketable securities | 0 | (35.5) | (11.8) |
Investments in nonconsolidated affiliates | (51.1) | (36.9) | (35.5) |
Distributions of capital from nonconsolidated affiliates | 17.3 | 16.9 | 10.7 |
Net Cash Used For Investing Activities | (3,062.6) | (2,338.2) | (2,486.5) |
Financing Activities | |||
Issuance and costs of common stock, OP units and preferred OP units, net | 1,209.6 | 1,075.7 | 1,863.4 |
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards | (19.3) | (18.2) | (12.8) |
Borrowings on lines of credit | 3,704.7 | 3,762.1 | 1,585.9 |
Payments on lines of credit | (2,504) | (3,960.9) | (1,361.6) |
Proceeds from issuance of other debt | 827.9 | 1,202.5 | 491.7 |
Contributions from noncontrolling interest | 10.3 | 2.5 | 0 |
Payments on other debt | (400.8) | (76.8) | (230.3) |
Payments on financial liability | (6) | 0 | 0 |
Fees paid in connection with extinguishment of debt | (4.8) | (0.2) | (6.2) |
Distributions | (434.2) | (390.8) | (313.1) |
Payments for deferred financing costs | (27.2) | (15.7) | (14.2) |
Payment of contingent liability | 0 | (9.8) | 0 |
Distributions for redemption of noncontrolling interests | (7.6) | 0 | 0 |
Net Cash Provided By Financing Activities | 2,348.6 | 1,570.4 | 2,000.8 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | (8.7) | (0.2) | 0.2 |
Net change in cash, cash equivalents and restricted cash | 12.2 | (14.4) | 57.8 |
Cash, cash equivalents and restricted cash, beginning of period | 78.2 | 92.6 | 34.8 |
Cash, Cash Equivalents and Restricted Cash, End of Period | 90.4 | 78.2 | 92.6 |
Supplemental Information | |||
Cash paid for interest (net of capitalized interest) | 218.3 | 147 | 136 |
Cash paid for interest on mandatorily redeemable debt | 4.2 | 4.2 | 4.2 |
Cash paid for income taxes | 5.8 | 1.3 | 1.1 |
Noncash investing and financing activities | |||
Change in distributions declared and outstanding | 12.8 | 11.2 | 15.3 |
Conversion of common and preferred OP units | 100.8 | 2.9 | 1 |
Assets held for sale | 0 | 0.7 | 32.1 |
ROU asset obtained from new operating lease liabilities | 11.1 | 0 | 0 |
Release of note receivable and accrued interest | 12.9 | 7.3 | 0 |
Noncash investing and financing activities at the date of acquisition | |||
Acquisitions - Common stock and OP units issued | 37.7 | 3.6 | 37.6 |
Acquisitions - Debt | 0 | 0 | 837.8 |
Acquisitions - Holdback | 0 | 9.4 | 0 |
Acquisitions - Deferred liability | 0 | 4.3 | 9 |
Acquisitions - Finance lease liabilities | 13.3 | 0 | 0 |
Park Holidays [Member] | |||
Noncash investing and financing activities at the date of acquisition | |||
Acquisitions - Financial liabilities | 359.8 | 0 | 0 |
Acquisitions - Deferred tax liabilities | 313.8 | 0 | 0 |
Series F preferred OP units | |||
Noncash investing and financing activities at the date of acquisition | |||
Acquisitions - Series D preferred interest | 0 | 0 | 9 |
Series E preferred OP units | |||
Noncash investing and financing activities at the date of acquisition | |||
Acquisitions - Series D preferred interest | 0 | 0 | 9 |
Series G Preferred Stock | |||
Financing Activities | |||
Redemption of Series G preferred OP units | 0 | 0 | (2) |
Common OP units | Rudgate | |||
Noncash investing and financing activities | |||
Common OP units issued for redemption of noncontrolling interests | 1.8 | 0 | 0 |
Noncash investing and financing activities at the date of acquisition | |||
Issuance of preferred OP Units | $ 1.8 | $ 0 | $ 0 |
Consolidated Statements of Ca_2
Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Supplemental Cash Flow Elements [Abstract] | |||
Capitalized interest | $ 7,000 | $ 4,500 | $ 9,400 |
Significant Accounting Policies
Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Significant Accounting Policies [Text Block] | Business Sun Communities, Inc., a Maryland corporation, and all wholly-owned or majority-owned and controlled subsidiaries, including Sun Communities Operating Limited Partnership, a Michigan limited partnership (the "Operating Partnership"), Sun Home Services, Inc., a Michigan corporation ("SHS"), Safe Harbor Marinas, LLC, a Delaware limited liability company ("Safe Harbor") and Sun UK Holding LLC (together with its subsidiaries, "Park Holidays") are referred to herein as the "Company," "SUI," "us," "we," and "our." We are a fully integrated, self-administered and self-managed REIT. As of December 31, 2022, we owned and operated or held an interest in a portfolio of 669 MH and RV communities and marinas (collectively, the "properties") located in the U.S., the UK, and Canada, including 353 MH communities, 182 RV communities, and 134 marinas. As of December 31, 2022, the properties contained an aggregate of 227,541 developed sites comprised of 118,204 developed MH sites, 30,333 annual RV sites (inclusive of both annual and seasonal usage rights), 31,181 transient RV sites, and 47,823 Marina wet slips and dry storage spaces. Principles of Consolidation We consolidate our majority-owned subsidiaries in which we have the ability to control the operations of our subsidiaries and all variable interest entities with respect to which we are the primary beneficiary. We also consolidate entities in which we have a direct or indirect controlling or voting interest. All significant intercompany transactions have been eliminated in consolidation. Any subsidiaries in which we have an ownership percentage equal to or greater than 50%, but less than 100%, or are considered to be a consolidated VIE, represent subsidiaries with a non-controlling interest. The non-controlling interests in our subsidiaries are allocated their proportionate share of the subsidiaries' financial results. Certain prior period amounts have been reclassified on our Consolidated Financial Statements to conform with current year presentation, with no effect on net income. These include reclassification of certain revenues and expenses between Real property and Service, retail, dining and entertainment within our Marina segment. There was no impact to prior period net income, shareholders equity or cash flows for any of the reclassifications. Further, the reclassification had no impact on previously reported total marina net operating income ("NOI"). Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions related to the reported amounts included in our Consolidated Financial Statements and accompanying footnotes thereto. Actual results could differ from those estimates. Segment Information FASB Accounting Standards Codification ("ASC") Topic 280, " Segment Reporting ," establishes standards for the way that business enterprises report information about operating segments in their financial statements. In accordance with ASC 280, management has determined that we have three operating segments: (i) Manufactured home ("MH") communities, (ii) Recreational vehicle ("RV") communities and (iii) Marinas. The MH segment owns, operates, develops or has an interest in, a portfolio of MH communities, throughout the U.S. and the UK, and is in the business of acquiring, operating and developing ground up MH communities to provide affordable housing solutions to residents. The MH segment also provides manufactured home sales and leasing services to tenants and prospective tenants of our communities. The RV segment owns, operates, develops or has an interest in, a portfolio of RV communities and is in the business of acquiring, operating and developing ground-up RV communities in the U.S., the UK, and Canada. It also provides leasing services for vacation rentals within the RV communities. The Marina segment owns, operates and develops marinas, and is in the business of acquiring and operating marinas in the U.S., with the majority of such marinas concentrated in coastal regions, and others located in various inland regions. We evaluate segment operating performance based on NOI. Refer to Note 11, "Segment Reporting," for additional information. Investment Property Investment property is recorded at cost, less accumulated depreciation. Impairment of long-lived assets - we review the carrying value of long-lived assets to be held and used for impairment quarterly or whenever events or changes in circumstances indicate a possible impairment. Future events could occur which would cause us to conclude that impairment indicators exist, and significant adverse changes in national, regional, or local market conditions or trends may cause us to change the estimates and assumptions used in our impairment analysis. The results of an impairment analysis could be material to our financial statements. Our primary indicator for potential impairment is based on NOI trends period over period. Circumstances that may prompt a test of recoverability may include a significant decrease in the anticipated market price, an adverse change to the extent or manner in which an asset may be used or in its physical condition or other events that may significantly change the value of the long-lived asset. An impairment loss is recognized when a long-lived asset's carrying value is not recoverable and exceeds estimated fair value. We estimate the fair value of our long-lived assets based on discounted future cash flows and any potential disposition proceeds for a given asset. Forecasting cash flows requires management to make estimates and assumptions about such variables as the estimated holding period, rental rates, occupancy, development and operating expenses during the holding period, as well as disposition proceeds. Management uses its best judgment when developing these estimates and assumptions, but the development of the projected future cash flows is based on subjective variables. Real estate held for sale - we periodically classify real estate as "held for sale." An asset is classified as held for sale after an active program to sell an asset has commenced and when the sale is probable. Subsequent to the classification of assets as held for sale, no further depreciation expense is recorded. There were no real estate assets held for sale as of December 31, 2022. Within Other assets, net on the Consolidated Balance Sheets, was $0.7 million of real estate held for sale at one property, as of December 31, 2021. Acquisitions - we evaluate acquisitions pursuant to ASC 805, " Business Combinations ," to determine whether the acquisition should be classified as either an asset acquisition or a business combination. Acquisitions for which substantially all of the fair value of the gross assets acquired are concentrated in a single identifiable asset or a group of similar identifiable assets are accounted for as an asset acquisition. The majority of our property acquisitions are accounted for as asset acquisitions. For asset acquisitions, we allocate the purchase price of these properties on a relative fair value basis and capitalize direct acquisition related costs as part of the purchase price. Acquisition costs that do not meet the criteria to be capitalized are expensed as incurred and presented as General and administrative costs in our Consolidated Statements of Operations. Acquisitions that meet the definition of a business combination are recorded at fair value using a fair value model under which the assets and liabilities are generally recognized at their fair values and the difference between the consideration transferred, excluding transaction costs, and the fair values of the assets and liabilities is recognized as goodwill. For acquisitions that meet the definition of a business combination, we allocate the purchase price of those properties on a fair value basis and expense the acquisition related transaction costs as incurred. Transaction costs are presented as Business combinations in our Consolidated Statements of Operations. For asset acquisitions and business combinations, we allocate the purchase price to net tangible and identified intangible assets acquired based on their fair values. In making estimates of fair values for purposes of allocating purchase price, we utilize an independent third-party to value the net tangible and identified intangible assets in connection with the acquisition of the respective property. We provide historical and pro forma financial information obtained about each property, as well as any other information needed in order for the third-party to ascertain the fair value of the tangible and intangible assets acquired. Capitalized Costs We capitalize certain costs incurred in connection with the development, redevelopment, capital enhancement and leasing of our properties. Management is required to use professional judgment in determining whether such costs meet the criteria for capitalization or immediate expense. The amounts are dependent on the volume and timing of such activities, and the costs associated with such activities: Maintenance, repairs and minor improvements to properties are expensed when incurred. Renovations and improvements to our properties are capitalized and depreciated over their estimated useful lives and real estate project costs related to the development of new community or expansion sites are capitalized until the property is substantially complete and available for occupancy. Costs incurred to initially renovate pre-owned and repossessed homes that we acquire for our Rental Program are capitalized, and the majority of costs incurred to refurbish the homes at turnover and repair the homes while occupied, are expensed unless they extend the life of the home. Renovations and improvements to marinas are capitalized and depreciated over their estimated useful lives. Improvements made to docks, buildings, systems, equipment, shorelines and site improvements are capitalized until the project is substantially complete and available for use. Certain expenditures to dealers and residents related to obtaining lessees in our communities are capitalized and amortized based on the anticipated term of occupancy of a resident. Costs incurred to develop internal-use software are capitalized and amortized on a straight-line basis over the estimated useful life of the related software (typically three five Costs associated with purchases of furniture, fixtures and equipment, major replacements and improvements are capitalized and subsequently depreciated over their respective underlying assets estimated useful lives. Costs incurred to obtain new debt financing (i.e. deferred financing costs) are capitalized and amortized over the terms of the underlying loan agreement using the effective interest method for senior unsecured notes and the straight-line method (which approximates the effective interest method) for other financing. Deferred financing costs include fees and costs incurred to obtain long-term financing. Unamortized deferred financing costs are written off when debt is retired before the maturity date. Upon amendment of the line of credit or refinancing of mortgage debt, unamortized deferred financing costs and any related discounts or premiums are accounted for in accordance with ASC 470-50-40, " Modifications and Extinguishments ." Deferred financing costs, discounts and premiums as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification Year ended Description December 31, 2022 December 31, 2021 Secured debt - premium Secured debt $ 0.1 $ 1.7 Secured debt - deferred financing cost Secured debt (14.6) (14.7) Senior unsecured note - discount Unsecured debt (6.1) (3.3) Senior unsecured note - deferred financing cost Unsecured debt (14.3) (10.3) Lines of credit - deferred financing costs Lines of credit and other debts (3.0) — Total Deferred financing costs, discounts and premium included in Debt $ (37.9) $ (26.6) Lines of credit - deferred financing costs Other assets, net 13.1 6.4 Total Deferred financing costs, discounts and premium $ (51.0) $ (33.0) Cash and Cash Equivalents We consider all highly liquid investments with a maturity of three months or less from the date of purchase to be cash and cash equivalents. At December 31, 2022 and 2021, $72.8 million and $65.8 million of cash and cash equivalents, respectively, was included as a component of Cash, cash equivalents and restricted cash on the Consolidated Balance Sheets. The maximum amount of credit risk arising from cash deposits in excess of federally insured amounts was approximately $86.8 million and $58.9 million as of December 31, 2022 and 2021, respectively. The maximum amount of credit risk arising from Park Holidays' cash deposits in excess of insured amounts through the Financial Services Compensation Scheme ("FSCS") was approximately £7.7 million ($9.3 million) as of December 31, 2022. Restricted Cash Restricted cash consists primarily of utility deposits and amounts held in deposit for tax, insurance and repair escrows held by lenders in accordance with certain debt agreements. At December 31, 2022 and 2021, $17.6 million and $12.4 million of restricted cash, respectively, was included as a component of Cash, cash equivalents and restricted cash on the Consolidated Balance Sheets. Changes in the restricted cash are reported in our Consolidated Statements of Cash Flows as operating, investing or financing activities based on the nature of the underlying activity. Restricted cash and restricted cash equivalents are included with cash and cash equivalents in the reconciliation of the beginning of period and the end of period cash balance on the Consolidated Statements of Cash Flows. Marketable Securities Marketable securities are recorded at fair value with changes in fair value recorded in Gain / (loss) on remeasurement of marketable securities on the Consolidated Statement of Operations. The values of marketable securities as of December 31, 2022 and 2021 were $127.3 million and $186.9 million, respectively, and are disclosed on the Consolidated Balance Sheets. Inventory Inventory of manufactured homes is stated at lower of specific cost or net realizable value based on the specific identification method and the balance is separately disclosed on our Consolidated Balance Sheets. Other inventory at our MH and RV properties consists primarily of service and merchandise related items, grocery, food and beverage products and are stated at the lower of cost or net realizable value. Physical inventory counts are performed where inventory exists. Inventory records are adjusted accordingly to reflect actual inventory counts and any resulting shortage is recognized. Inventory at our marinas consists primarily of boats for sale at certain marinas, boat parts used in our service centers and retail related items such as merchandise used in our ship stores, gasoline and diesel fuel, and food and beverage products. Inventories at our marinas are stated at the lower of cost or net realizable value with cost determined using the weighted-average method. Physical inventory counts are performed where inventory exists. Inventory records are adjusted accordingly to reflect actual inventory counts and any resulting shortage is recognized. The other inventory balance is included in Other assets, net on our Consolidated Balance Sheet. Investments in Nonconsolidated Affiliates We apply the equity method of accounting to entities in which we do not have a direct or indirect controlling interest or for variable interest entities where we are not considered the primary beneficiary but can exercise influence over the entity with respect to its operations and major decisions. Under the equity method of accounting, the cost of an investment is adjusted for our share of the equity in net income or loss from the date of acquisition, reduced by distributions received and increased by contributions made. The income or loss of each entity is allocated in accordance with the provisions of the applicable operating agreements. The allocation provisions in these agreements may differ from the ownership interests held by each investor. The cost method is applied when (a) the investment is minimal (typically less than 5.0%) and (b) our investment is passive. Our exposure to losses associated with nonconsolidated joint ventures is primarily limited to the carrying value of these investments. Accordingly, distributions from a joint venture in excess of our carrying value are recognized in earnings. We review the carrying value of our investments in nonconsolidated affiliates for other than temporary impairment whenever events or changes in circumstances indicate a possible impairment. Financial condition, operational performance and other economic trends are among the factors we consider when we evaluate the existence of impairment indicators. Refer to Note 6, "Investments in Nonconsolidated Affiliates," for additional information. Notes and Other Receivables Notes receivable - includes installment loans for manufactured homes purchased from us and notes receivable from real estate developers and operators. Installment notes receivable on manufactured homes - represent notes receivable for the purchase of manufactured homes primarily located in our communities, which are secured by the underlying manufactured home sold. Interest income is accrued based on the unpaid principal balance of the loans. Past due status of our notes receivable is determined based on the contractual terms of the note. When a note receivable becomes 60 days delinquent, we stop accruing interest on the note receivable. The interest on nonaccrual loans is accounted for on the cash basis until qualifying for return to accrual. Notes receivable from real estate developers and operators - represent short-term construction loans provided to real estate developers and loans provided to real estate operators to finance acquisition and development costs. We elected to fair value our installment notes receivable on manufactured homes, and notes receivable from real estate developers and operators in accordance with ASU 2016-13, " Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments " (" CECL "). Installment notes receivable on manufactured homes and notes receivable from real estate developers and operators are measured at fair value pursuant to FASB ASC 820, " Fair Value Measurements and Disclosures ." The fair value is evaluated quarterly, and any fair value adjustments are recorded in Gain / (loss) on remeasurement of notes receivable on the Consolidated Statement of Operations. Refer to Note 15, "Fair Value of Financial Instruments," for additional information regarding the estimates and assumptions used to estimate the fair value of each financial instrument class. Other receivables - are generally comprised of sale proceeds receivable from home sales near year end, amounts due from marina customers for storage, service and lease payments, amounts due from MH and annual RV residents for rent and related charges (utility charges, fees and other pass-through charges), insurance receivables and various other miscellaneous receivables. These receivables do not require incremental CECL reserves as we believe that the risk of future expected loss on those accounts is immaterial due to the short-term nature of the accounts, history of collectability, past relationships and various other mitigating factors. Accounts outstanding longer than the contractual payment terms are considered past due. Accounts receivable from marina customers are stated at amounts due net of an allowance for doubtful accounts. Receivables related to our marina rents are reserved when we believe that collection is less than probable, which is generally 50% for certain receivable balances over 180 days, and 60% after the balance reaches 60 days past due for all other receivables. Accounts receivable from residents are typically due within 30 days and stated at amounts due from residents net of an allowance for doubtful accounts. We evaluate the recoverability of our receivables whenever events occur or there are changes in circumstances such that management believes it is probable that it will be unable to collect all amounts due according to the contractual terms of the loan and lease agreements. Receivables related to MH community rents are reserved when we believe that collection is less than probable, which is generally after a resident balance reaches 60 to 90 days past due. In the UK, annual rents are noticed in full during the fourth quarter and due by January 31st of the following year. Payment can be made upfront or in monthly installments. Accounts receivable are reviewed regularly for collectability, with related reserves set annually for outstanding receivables. Refer to Note 4, "Notes and Other Receivables," for additional detail on receivables. Goodwill We account for goodwill pursuant to ASC 350, " Intangibles—Goodwill and Other ." ASC 350-20, " Goodwill and Other ," allows entities testing goodwill for impairment the option of performing a qualitative assessment before calculating the fair value of a reporting unit (i.e. the first step of the goodwill impairment test). If entities determine, on the basis of qualitative factors, that the fair value of the reporting unit is more-likely-than-not greater than the carrying amount, a quantitative calculation would not be needed. Goodwill represents the excess of costs of an acquired business over the fair value of the identifiable assets acquired less identifiable liabilities assumed. Goodwill is not amortized. Goodwill is tested for impairment at the operating segment level. If the fair value of goodwill is lower than its carrying amount, goodwill impairment is indicated and goodwill is written down to its implied fair value. We assess our goodwill for impairment on an annual basis or more frequently if events or changes in circumstances arise and impairment indicators are identified. As of December 31, 2022 and 2021, we had $1.0 billion and $495.4 million of goodwill from the acquisitions accounted for as business combinations, respectively. The goodwill is attributable to the intellectual capital and going concern value of the acquired businesses. Goodwill is deductible for income tax purposes. As such, the goodwill portion allocated to our U.S. taxable REIT subsidiaries will reduce their taxable income. However, the resulting tax benefits will be offset by a valuation allowance. Goodwill allocated to the UK taxable REIT subsidiaries will reduce their U.S. dividends to the REIT in the future. Given that REITs do not customarily report any taxable income (due to the dividends paid deduction), we do not expect any significant tax benefits arising from the goodwill allocable to the REIT. The carrying amount of goodwill is separately disclosed on our Consolidated Balance Sheets. Refer to Note 5, "Goodwill and Other Intangible Assets," for additional information on goodwill. We account for implementation costs in a hosting arrangement in accordance with ASU 2018-15, " Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (a consensus of the FASB Emerging Issues Task Force) ," which aligns requirements for capitalizing implementation costs in a hosting arrangement as a service contract with internally developed software, and expense capitalized costs of the hosting arrangement over the term of the arrangement. Other Intangible Assets Other intangible assets primarily comprise in-place leases (including slip in-place leases), non-competition agreements, trademarks and trade names, customer relationships and franchise agreements. Other intangible assets are reviewed for impairment on an annual basis or more frequently if indicators of impairment are identified. Intangible assets with finite lives - we amortize identified intangible assets that are determined to have finite lives over the period the assets are expected to contribute directly or indirectly to the future cash flows of the property or business. Trademarks and trade names - we account for trademarks and trade names pursuant to ASC 350, " Intangibles-Goodwill and Other. " Some trademarks and trade names have an indefinite useful life and some have a three The carrying amounts of the other identified intangible assets are included in Other intangible assets, net on our Consolidated Balance Sheets. Refer to Note 5, "Goodwill and Other Intangible Assets," for additional information on other intangible assets. Deferred Taxes We are subject to certain state taxes that are considered to be income taxes and have certain subsidiaries that are taxed as regular corporations for U.S. (i.e., federal, state, local, etc.) and non-U.S. income tax purposes. Deferred tax assets or liabilities are recognized for temporary differences between the tax basis of assets and liabilities and their carrying amounts in the financial statements and net operating loss carryforwards in certain subsidiaries, including those domiciled in foreign jurisdictions, which may be realized in future periods if the respective subsidiary generates sufficient taxable income. Deferred tax assets and liabilities are measured using currently enacted tax rates. A valuation allowance is established if, based on the available evidence, it is considered more likely than not that some portion or all of the deferred tax assets will not be realized. Refer to Note 12, "Income Taxes," for additional information. Temporary Equity Temporary equity includes preferred securities that are redeemable for cash at the option of the holder or upon the occurrence of an event that is not solely within our control based on a fixed or determinable price. These preferred securities are not mandatorily redeemable for cash nor do they contain a fixed maturity date. Temporary equity is classified between Liabilities and Shareholders' Equity on the Consolidated Balance Sheets. Share-Based Compensation We account for awards of restricted stock in accordance with ASC 718-10, " Compensation-Stock Compensation ." ASC 718-10 requires that compensation cost for all stock awards be calculated and amortized over the service period (generally equal to the vesting period). The fair value of restricted stock awards with service vesting is equal to the fair value of our stock on the grant date. Share-based compensation cost for service vesting restricted stock awards is measured based on the closing share price of our common stock on the date of grant. We measure the fair value of awards with performance conditions based on an estimate of shares expected to vest using the closing price of our common stock as of the grant date. If it is not probable that the performance conditions will be satisfied, we do not recognize compensation expense. We estimate the fair value of share-based compensation for restricted stock with market conditions using a Monte Carlo simulation. We recognize compensation cost ratably over each tranche of shares based on the fair value estimated by the model. We also recognize related estimated award forfeitures ratably over each tranche of shares We estimate forfeitures at the time of grant based on the historical turnover rate of employees and non-employees that are recipients of an award. We update our assumptions annually for the subsequent year awards. Refer to Note 10, "Share-Based Compensation," for additional information. Fair Value of Financial Instruments Our financial instruments consist primarily of cash, cash equivalents and restricted cash, marketable securities, notes and other receivables, derivatives assets, debt, warrants and other liabilities. We utilize fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures, pursuant to ASC 820, " Fair Value Measurements and Disclosures ." ASC 820, " Fair Value Measurements and Disclosures ," requires disclosure regarding determination of fair value for assets and liabilities and establishes a hierarchy under which these assets and liabilities must be grouped, based on significant levels of observable or unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumption. This hierarchy requires the use of observable market data when available. These two types of inputs have created the following fair value hierarchy: Level 1 - Quoted unadjusted prices for identical instruments in active markets that we have the ability to access; Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations in which all significant inputs and significant value drivers are observable (e.g. interest rates, yield curves, prepayment speeds, default rates, loss severity, etc.) in active markets or can be corroborated by observable market data; and Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The unobservable inputs reflect our assumptions about the assumptions that market participants would use. Refer to Note 15, "Fair Value of Financial Instruments," for additional information on methods and assumptions used to estimate the fair value of each financial instrument class. Revenue Recognition As a real estate owner and operator, the majority of our revenue is derived from site and home leases, and wet slip and dry storage space leases that are accounted for pursuant to ASC 842, " Leases. " We account for revenue from contracts with customers following ASC 606, " Revenue from Contracts with Customers ," except for those that are within the scope of other topics in the FASB ASC. The core principle of ASC 606 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. A five-step transactional analysis is required to determine how and when to recognize revenue. For transactions in the scope of ASC 606, we recognize revenue when control of goods or services transfers to the customer, in the amount that we expect to receive for the transfer of goods or provision of services. Due to the nature and timing of our identified revenue streams, there were no material outstanding performance obligations as of December 31, 2022. Refer to Note 2, "Revenue," for additional information. Income from real property at our MH and RV properties includes revenue from residents and guests in our communities, who lease the site on which their home or RV is located and either own or lease their home or RV, rental home revenue, and short-term vacation home and site rentals. Revenues from residents and guests includes revenues from site leases to annual MH residents and annual RV guests, and site rentals to transient RV guests. Resident leases are generally for one-year, but may range from month-to-month to two year terms and are renewable by mutual agreement between the parties, or in some cases, as provided by statute. Revenues from site and home leases fall under the scope of ASC 842, and are accounted for as operating leases with straight-line recognition. Non-lease components of our site lease contracts, which are primarily provision of utility services, are accounted for with the site lease as a single lease component per ASC 842. In accordance with the practical expedient criteria to combine lease and non-lease components, we noted that the timing and pattern of transfer for the lease and non-lease components are the same, and the leases qualify as operating leases. Accordingly, we present rental revenues and utility recoveries as a single lease component within Income from real property in the Consolidated Statement of Operations. Rental home revenues which comprise rental agreements whereby we lease homes to residents in our communities, and short-term vacation home and site rentals are accounted for under ASC 842. Additionally, we include collections of real estate taxes from residents and guests within Income from real property. When payment of revenue is received in advance of being earned, those amounts are classified as deferred revenues. Income from real property at |
Revenue
Revenue | 12 Months Ended |
Dec. 31, 2022 | |
Revenue from Contract with Customer [Abstract] | |
Revenue [Text Block] | Disaggregation of Revenue The following table disaggregates our revenue by major source and segment (in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 MH RV Marina Consolidated MH RV Marina Consolidated MH RV Marina Consolidated Revenues Real property $ 954.2 $ 563.3 $ 384.7 $ 1,902.2 $ 805.4 $ 499.5 $ 293.3 $ 1,598.2 $ 742.4 $ 359.5 $ 28.2 $ 1,130.1 Home sales 428.3 37.5 — 465.8 247.1 33.1 — 280.2 154.0 21.7 — 175.7 Service, retail, dining and entertainment 40.3 89.1 402.2 531.6 7.2 73.8 270.8 351.8 5.9 39.9 19.4 65.2 Interest 32.1 2.9 0.2 35.2 10.0 2.2 — 12.2 8.3 1.8 — 10.1 Brokerage commissions and other, net 19.8 13.7 1.4 34.9 12.9 16.0 1.3 30.2 8.6 8.3 0.3 17.2 Total Revenues $ 1,474.7 $ 706.5 $ 788.5 $ 2,969.7 $ 1,082.6 $ 624.6 $ 565.4 $ 2,272.6 $ 919.2 $ 431.2 $ 47.9 $ 1,398.3 Our revenue consists of real property revenue at our MH, RV and Marina properties, revenue from Home sales, Service, retail, dining and entertainment revenue, Interest income, and Brokerage commissions and other revenue. The majority of our revenue is derived from site and home leases, and wet slip and dry storage space leases that are accounted for pursuant to ASC 842, " Leases ." We account for all revenue from contracts with customers following ASC 606, " Revenue from Contracts with Customers ," except for those that are within the scope of other topics in the FASB ASC. For additional information, refer to Note 1, "Significant Accounting Policies." |
Real Estate Acquisitions and Di
Real Estate Acquisitions and Dispositions | 12 Months Ended |
Dec. 31, 2022 | |
Business Combination and Asset Acquisition [Abstract] | |
Real Estate Acquisitions and Dispositions [Text Block] | 2022 Acquisitions and Dispositions For the year ended December 31, 2022, we acquired the following MH communities, RV communities and marinas: Property Name (1) Type Sites, Wet Slips and Development Sites State, Province or Country Month Acquired Harrison Yacht Yard (2) Marina: asset acquisition 21 — MD January Outer Banks Marina: asset acquisition 196 — NC January Jarrett Bay Boatworks Marina: business combination 12 — NC February Tower Marine Marina: asset acquisition 446 — MI March Sandy Bay MH: asset acquisition 730 456 UK March Park Holidays (3) MH: business combination 15,906 608 UK April Christies Parks (2) MH: asset acquisition 249 — UK April Bluewater Marina: asset acquisition 200 — Multiple April Bluewater Yacht Sales (2) Marina: business combination — — Multiple April Bodmin Holiday Park MH: asset acquisition 69 — UK April Kittery Point Marina: asset acquisition 62 — ME May Spanish Trails MHC MH: asset acquisition 195 6 AZ June Pine Acre Trails MH: asset acquisition 251 603 TX June Bel Air Estates & Sunrise Estates (4) MH: asset acquisition 379 — CA June Park Leisure (5) MH: business combination 2,914 123 UK June Montauk Yacht Club Marina: business combination 232 — NY July Callaly Leisure (6) MH: asset acquisition 380 823 UK September Newhaven MH: asset acquisition 224 14 UK October Bayfront Marina Marina: asset acquisition 583 — CA November Marina Bay Yacht Harbor Marina: asset acquisition 800 — CA December Jellystone Lincoln RV: asset acquisition 267 — DE December Norway Commons MH: asset acquisition 231 22 ME December Total 24,347 2,655 (1) Property names are subject to changes subsequent to acquisition. (2) Combined with an existing property. (3) Includes 40 owned and two managed properties. (4) Includes two properties. (5) Includes 11 properties. (6) Includes one development property. The following table summarizes the amount of assets acquired net of liabilities assumed at the acquisition date and the consideration paid for the acquisitions completed during the year ended December 31, 2022 (in millions): At Acquisition Date Consideration Investment in property Inventory of manufactured homes, boat parts Goodwill and other intangible assets (1) Other assets / (liabilities), net Total identifiable assets acquired net of liabilities assumed Cash and escrow Temporary and permanent equity (2) Total consideration Asset Acquisitions (3) Harrison Yacht Yard (4) $ 5.8 $ — $ — $ — $ 5.8 $ 5.8 $ — $ 5.8 Outer Banks 5.2 — — (0.4) 4.8 4.8 — 4.8 Tower Marine 20.2 — 0.2 (2.1) 18.3 18.3 — 18.3 Sandy Bay 247.9 9.4 2.1 (68.3) 191.1 191.1 — 191.1 Christies Parks (4) 10.1 — — 2.1 12.2 12.2 — 12.2 Bluewater 25.3 1.3 0.1 1.3 28.0 28.0 — 28.0 Bodmin Holiday Park 13.1 — — — 13.1 13.1 — 13.1 Kittery Point 8.0 0.1 — (0.1) 8.0 7.0 1.0 8.0 Spanish Trails MHC 20.6 1.8 — — 22.4 22.4 — 22.4 Pine Acre Trails 29.7 — — — 29.7 29.7 — 29.7 Bel Air Estates & Sunrise Estates 39.3 — 0.7 — 40.0 40.0 — 40.0 Callaly Leisure 23.8 0.1 — (0.3) 23.6 23.6 — 23.6 Newhaven (5) 6.2 — — — 6.2 6.2 — 6.2 Bayfront Marina 11.3 — 0.9 (0.5) 11.7 11.7 — 11.7 Marina Bay Yacht Harbor 16.2 — 0.2 (0.7) 15.7 15.7 — 15.7 Jellystone Lincoln (5)(6) 17.0 — — 1.2 18.2 18.2 — 18.2 Norway Commons (5) 15.5 0.4 — — 15.9 15.9 — 15.9 Business Combinations (3) Jarrett Bay Boatworks (7)(8) 21.3 1.4 47.5 1.0 71.2 68.4 2.8 71.2 Park Holidays (7)(9) 1,254.7 29.5 574.5 (624.9) 1,233.8 1,199.9 33.9 1,233.8 Park Leisure (7) 342.7 0.7 15.1 (132.7) 225.8 225.8 — 225.8 Montauk Yacht Club 163.6 0.3 26.3 0.3 190.5 190.5 — 190.5 Total $ 2,297.5 $ 45.0 $ 667.6 $ (824.1) $ 2,186.0 $ 2,148.3 $ 37.7 $ 2,186.0 (1) Refer to Note 5, "Goodwill and Other Intangible Assets," for additional detail on goodwill and other intangible assets. (2) Refer to Note 9, "Equity and Temporary Equity," for additional detail. (3) Property names are subject to changes subsequent to acquisition. (4) Combined with an existing property. (5) The above allocations are estimates pending purchase price allocations. (6) In December 2020, we entered into a loan agreement pursuant to which we extended credit to Blue Water to finance the construction of Jellystone Lincoln (the "RV Park"). In December 2022, we entered into a purchase and sale agreement pursuant to which we purchased the RV Park for cash consideration of $5.0 million, which was applied toward the existing Blue Water loan balance of $12.9 million, and the remaining loan balance of $7.9 million was forgiven. Upon acquisition of the RV Park, we agreed to loan Blue Water an amount equal to $3.7 million, accounted as consideration based on the loan forgiveness terms. Additional consideration for vacation rental units of $0.4 million, resulted in a total purchase price of $17.0 million. In addition, we entered into a lease agreement pursuant to which Blue Water will pay rent to us and continue to operate the park. (7) The Purchase price allocation is preliminary as of December 31, 2022, subject to revision based on the final purchase price allocations to be finalized one year from the acquisition date. (8) The balance includes the marina acquired in February and the yacht sales business acquired in April of which $0.1 million was recorded in Investment property, $17.6 million in Goodwill and other intangible assets, and $0.4 million in Other assets / (liabilities), net. (9) Includes acquired intangible assets subject to amortization of $70.2 million with a weighted average amortization period of 14.6 years, consisting of trademarks and trade names, customer relationships and other intangible assets. As of December 31, 2022, we had incurred and capitalized $19.2 million of transaction costs, which have been allocated among various fixed asset categories for purchases that meet the asset acquisition criteria. As of December 31, 2022, we also incurred $24.7 million of business combination expenses, which are expensed for acquisitions deemed to be business combinations. The total amount of Revenues and Net income included in the Consolidated Statements of Operations for the year ended December 31, 2022 related to business combinations completed in 2022 are set forth in the following table (in millions): Year Ended December 31, 2022 Total revenues $ 353.6 Net income $ 13.8 The following unaudited pro forma financial information presents the results of our operations for the years ended December 31, 2022 and 2021, as if the properties combined through business combinations in 2022 had been acquired on January 1, 2021. The unaudited pro forma results reflect certain adjustments for items that are not expected to have a continuing impact, such as adjustments for transaction costs incurred, management fees and acquisition accounting. The information presented below has been prepared for comparative purposes only and does not purport to be indicative of either future results of operations or the results of operations that would have actually occurred had the acquisition been consummated on January 1, 2021 (in millions, except for per share data): Year Ended (unaudited) December 31, 2022 December 31, 2021 Total revenues $ 3,091.3 $ 2,726.4 Net income attributable to SUI common shareholders $ 241.2 $ 440.5 Net income per share attributable to SUI common shareholders - basic $ 1.99 $ 3.89 Net income per share attributable to SUI common shareholders - diluted $ 1.99 $ 3.88 Development and Expansion Activities During the year ended December 31, 2022, we acquired six land parcels located in the U.S. and the UK for an aggregate purchase price of $26.2 million and two buildings and land parcels related to our marinas located in the U.S. for an aggregate purchase price of $13.9 million. Dispositions Management continually evaluates properties within the portfolio for potential disposition opportunities. When a given property no longer fits our desired growth profile, we seek to redeploy capital to properties and geographies fit to provide greater future returns. From time to time, strategic reductions to the portfolio are deemed necessary to reduce exposure to less desirable locations, and support long-term positioning of the Company. During the three months ended September 30, 2022, we sold an RV community containing 514 sites located in California for $15.0 million. The disposition resulted in a loss on sale of $0.8 million, inclusive of selling costs. This property, together with a second property, was intended to be part of a combined sale as the properties originally qualified as held for sale in July 2022. However, the sale of the second property was not completed, and as such, the properties no longer qualified as held for sale as of September 30, 2022. Accordingly, the second property was classified as held for investment at September 30, 2022 on our Consolidated Balance Sheets. During the three months ended March 31, 2022, we sold two MH communities and one community containing MH and RV sites, each located in Florida, with a total of 323 sites for $29.5 million. The gain from the sale of the properties was $13.3 million. 2021 Acquisitions and Dispositions For the year ended December 31, 2021, we acquired the following MH and RV communities and marinas: Community Name (1) Type Sites, Wet Slips and Dry Storage Spaces Development Sites State, Province or Country Month Acquired Sun Outdoors Association Island RV: asset acquisition 294 — NY January Blue Water Beach Resort RV: asset acquisition 177 — UT February Tranquility MHC MH: asset acquisition 25 — FL February Islamorada and Angler House (2) Marina: asset acquisition 251 — FL February Prime Martha's Vineyard (2) Marina: asset acquisition 395 — MA March Pleasant Beach Campground RV: asset acquisition 102 — ON, Canada March Sun Outdoors Cape Charles RV: asset acquisition 669 — VA March Beachwood Resort RV: asset acquisition 672 — WA March ThemeWorld RV Resort RV: asset acquisition 148 — FL April Sylvan Glen Estates MH: asset acquisition 476 — MI April Shelter Island Boatyard Marina: asset acquisition 52 — CA May Lauderdale Marine Center Marina: asset acquisition 206 — FL May Apponaug Harbor Marina: asset acquisition 348 — RI June Cabrillo Isle Marina: business combination 476 — CA June Marathon Marina: asset acquisition 135 — FL June Allen Harbor Marina: asset acquisition 176 — RI July Cisco Grove Campground & RV RV: asset acquisition 18 407 CA July Four Leaf Portfolio (3) MH: asset acquisition 2,545 340 MI / IN July Harborage Yacht Club Marina: asset acquisition 300 — FL July Zeman Portfolio (4) RV: asset acquisition 686 — IL / NJ July Southern Leisure RV Resort RV: asset acquisition 496 — FL August Sunroad Marina Marina: asset acquisition 617 — CA August Lazy Lakes RV Resort RV: asset acquisition 99 — FL August Puerto del Rey Marina: asset acquisition 1,746 — Puerto Rico September Stingray Point Marina: asset acquisition 222 — VA September Detroit River Marina: asset acquisition 440 — MI September Jetstream RV Resort at NASA RV: asset acquisition 202 — TX September Beaver Brook Campground RV: asset acquisition 204 150 ME October Emerald Coast Marina: business combination 311 — FL November Tall Pines Harbor Campground RV: asset acquisition 241 — VA November Wells Beach Resort Campground RV: asset acquisition 231 — ME November Port Royal Marina: asset acquisition 167 — SC November Podickory Point Marina: asset acquisition 209 — MD December Sunroad Marina (restaurant) Marina: asset acquisition — — CA December Jellystone Park at Mammoth Cave RV: asset acquisition 315 — KY December South Bay Marina: asset acquisition 333 — CA December Wentworth by the Sea Marina: asset acquisition 155 — NH December Rocky Mountain RV Park RV: asset acquisition 75 — MT December Haas Lake RV Park Campground RV: asset acquisition 492 — MI December Pearwood RV Resort RV: asset acquisition 144 — TX December Holly Shores Camping Resort RV: asset acquisition 310 — NJ December Pheasant Ridge RV Park RV: asset acquisition 130 — OR December Coyote Ranch Resort RV: asset acquisition 165 165 TX December Jellystone Park at Whispering Pines RV: asset acquisition 131 — TX December Hospitality Creek Campground RV: asset acquisition 230 — NJ December Total 15,816 1,062 (1) Property names are subject to changes subsequent to acquisition. (2) Includes two marinas. (3) Includes nine MH communities. (4) Includes two RV Resorts. The following table summarizes the amounts of assets acquired net of liabilities assumed at the acquisition date and the consideration paid for the acquisitions completed in 2021 (in millions): At Acquisition Date Consideration Investment in property Inventory of manufactured homes, boat parts Goodwill and other intangible assets (1) Other assets / (liabilities), net Total identifiable assets acquired net of liabilities assumed Cash and escrow Temporary and permanent equity Total consideration Asset Acquisition (2) Sun Outdoors Association Island $ 15.0 $ — $ — $ (0.2) $ 14.8 $ 14.8 $ — $ 14.8 Blue Water Beach Resort 9.0 — — (0.3) 8.7 8.7 — 8.7 Tranquility MHC 1.2 — — — 1.2 1.2 — 1.2 Islamorada and Angler House 18.0 — 0.3 (0.3) 18.0 18.0 — 18.0 Prime Martha's Vineyard 22.3 0.2 0.1 (0.7) 21.9 21.9 — 21.9 Pleasant Beach Campground 1.5 — 0.1 — 1.6 1.6 — 1.6 Sun Outdoors Cape Charles 59.7 — 0.2 (2.0) 57.9 57.9 — 57.9 Beachwood Resort 14.0 — 0.2 (7.6) 6.6 6.6 — 6.6 ThemeWorld RV Resort 25.0 — — (0.1) 24.9 24.9 — 24.9 Sylvan Glen Estates 23.6 — 0.5 (0.3) 23.8 (0.2) 24.0 23.8 Shelter Island Boatyard 9.6 0.1 0.4 (0.1) 10.0 10.0 — 10.0 Lauderdale Marine Center 336.9 — 3.3 1.0 341.2 341.2 — 341.2 Apponaug Harbor 6.5 — 0.1 (0.7) 5.9 5.9 — 5.9 Marathon 19.1 — 0.3 (0.2) 19.2 19.2 — 19.2 Allen Harbor 4.0 — — (0.1) 3.9 3.9 — 3.9 Cisco Grove Campground & RV 6.6 — — — 6.6 6.6 — 6.6 Four Leaf Portfolio 210.7 0.3 4.0 (0.5) 214.5 214.5 — 214.5 Harborage Yacht Club 17.3 0.1 4.7 (0.5) 21.6 21.6 — 21.6 Zeman Portfolio 14.2 — 0.7 (0.5) 14.4 14.4 — 14.4 Southern Leisure RV Resort 17.4 — 0.3 (0.3) 17.4 17.4 — 17.4 Sunroad Marina (3) 47.8 — 0.5 65.0 113.3 113.3 — 113.3 Lazy Lakes RV Resort 11.3 — — (0.1) 11.2 11.2 — 11.2 Puerto del Rey 94.5 0.5 1.0 (4.1) 91.9 91.9 — 91.9 Stingray Point 2.9 — — (0.3) 2.6 2.6 — 2.6 Detroit River 8.7 — 0.2 (0.6) 8.3 8.3 — 8.3 Jetstream RV Resort at NASA 17.0 — 0.5 (0.2) 17.3 17.3 — 17.3 Beaver Brook Campground 4.4 — 0.1 — 4.5 4.5 — 4.5 Tall Pines Harbor Campground 10.5 — — — 10.5 10.5 — 10.5 Wells Beach Resort Campground 12.2 — — — 12.2 12.2 — 12.2 Port Royal 20.5 — 0.1 (0.3) 20.3 20.3 — 20.3 Podickory Point 3.3 — — (0.2) 3.1 3.1 — 3.1 Jellystone Park at Mammoth Cave 32.5 — — (0.6) 31.9 31.9 — 31.9 South Bay 14.0 — 0.2 (2.5) 11.7 11.7 — 11.7 Wentworth by the Sea 14.1 0.1 0.1 (1.1) 13.2 13.2 — 13.2 Rocky Mountain RV Park 12.5 — — — 12.5 12.5 — 12.5 Haas Lake RV Park Campground 20.1 — — — 20.1 16.5 3.6 20.1 Pearwood RV Resort 10.2 — — — 10.2 10.2 — 10.2 Holly Shores Camping Resort (4) 27.0 — 0.5 (0.5) 27.0 27.0 — 27.0 Pheasant Ridge RV Park 19.0 — — — 19.0 19.0 — 19.0 Coyote Ranch Resort 12.6 — — (0.2) 12.4 12.4 — 12.4 Jellystone Park at Whispering Pines 13.8 — — (0.2) 13.6 13.6 — 13.6 Hospitality Creek Campground (4) 15.0 — 0.6 (0.6) 15.0 15.0 — 15.0 Business Combination (2) Cabrillo Isle 37.6 — 10.1 (0.7) 47.0 47.0 — 47.0 Emerald Coast 9.0 2.7 41.9 (0.6) 53.0 53.0 — 53.0 Total $ 1,302.1 $ 4.0 $ 71.0 $ 38.8 $ 1,415.9 $ 1,388.3 $ 27.6 $ 1,415.9 (1) Refer to Note 5, "Goodwill and Other Intangible Assets," for additional detail on goodwill and other intangible assets. (2) Property names are subject to changes subsequent to acquisition. (3) The balance includes the marina acquired in August and the restaurant acquired in December of which $9.2 million was recorded in Investment property and $21.0 million in Other assets / (liabilities), net. (4) The allocation was estimated as of December 2021 and was adjusted as of March 2022, based on final purchase price allocation. As of December 31, 2021, we incurred $18.0 million of transaction costs, which were capitalized and allocated among the various fixed asset categories for purchases that meet the asset acquisition criteria. As of December 31, 2021, we also incurred $1.4 million of business combination expenses, which were expensed for acquisitions deemed to be business combinations. Total revenues and Net income included in the Consolidated Statements of Operations for the year ended December 31, 2021 related to business combinations completed in 2021 are set forth in the following table (in millions): Year Ended December 31, 2021 Total revenues $ 6.4 Net income $ 0.5 The following unaudited pro forma financial information presents the results of our operations for the years ended December 31, 2021 and 2020, as if the properties combined through business combinations in 2021 had been acquired on January 1, 2020. The unaudited pro forma results reflect certain adjustments for items that are not expected to have a continuing impact, such as adjustments for transaction costs incurred, management fees and acquisition accounting. The information presented below has been prepared for comparative purposes only and does not purport to be indicative of either future results of operations or the results of operations that would have actually occurred had the acquisitions been consummated on January 1, 2020 (in millions, except for per share data): Year Ended (unaudited) December 31, 2021 Total revenues $ 2,330.0 Net income attributable to SUI common shareholders $ 390.9 Net income per share attributable to SUI common shareholders - basic $ 3.47 Net income per share attributable to SUI common shareholders - diluted $ 3.40 Land for Expansion / Development During the year ended December 31, 2021, we acquired 11 land parcels, which are located across the U.S. and the UK for a total purchase price of $172.8 million. Other Acquisitions In December 2021, we acquired Leisure Systems, Inc., the franchisor of the Jellystone Park™ system, and accounted for the transaction as a business combination. The following table summarizes the amounts of assets acquired, net of liabilities assumed at the acquisition date and the consideration paid for the acquisition (in millions): At Acquisition Date Consideration Investment in property Inventory of manufactured homes, boat parts In-place leases, goodwill and other intangible assets (1) Other liabilities, net Total identifiable assets acquired net of liabilities assumed Cash and escrow Temporary and permanent equity Total consideration Leisure Systems, Inc (1) $ — $ — $ 24.0 $ (2.3) $ 21.7 $ 21.7 $ — $ 21.7 (1) The allocation was preliminary as of December 31, 2021, and was adjusted as of March 2022 based on the final purchase price allocation. Dispositions In July 2021, we sold two MH communities located in Indiana and Missouri, containing a combined 677 sites, for $67.5 million. The gain from the sale of the properties was $49.4 million. In August 2021, we sold four MH communities located in Arizona, Illinois and Missouri, containing a combined 1,137 sites, for $94.6 million. The gain from the sale of the properties was $58.7 million. Refer to Note 20, "Subsequent Events," for information regarding acquisitions and dispositions completed after December 31, 2022. |
Notes And Other Receivables
Notes And Other Receivables | 12 Months Ended |
Dec. 31, 2022 | |
Notes and Loans Payable, by Type, Current and Noncurrent [Abstract] | |
Notes And Other Receivables [Text Block] | The following table sets forth certain information regarding notes and other receivables (in millions): December 31, 2022 December 31, 2021 Installment notes receivable on manufactured homes, net $ 65.9 $ 79.1 Notes receivable from real estate developers and operators 305.2 284.0 Other receivables, net 246.2 106.5 Total Notes and Other Receivables, net $ 617.3 $ 469.6 Installment Notes Receivable on Manufactured Homes Installment notes receivable are measured at fair value, using indicative pricing models from third party valuation specialists, in accordance with ASC Topic 820, " Fair Value Measurements and Disclosures ." The balances of installment notes receivable of $65.9 million (net of fair value adjustment of $1.4 million) and $79.1 million (net of fair value adjustment of $0.6 million) as of December 31, 2022 and 2021, respectively, are secured by manufactured homes. The notes represent financing to purchasers of manufactured homes located in our communities and require monthly principal and interest payments. The notes had a net weighted average interest rate (net of servicing costs) and maturity of 7.6% and 13.8 years as of December 31, 2022, and 7.6% and 14.7 years as of December 31, 2021, respectively. Refer to Note 15, "Fair Value of Financial Instruments," for additional detail. Notes Receivable from Real Estate Developers and Operators Notes receivable from real estate developers and operators are measured at fair value, using indicative pricing models from third party valuation specialists, in accordance with ASC Topic 820, " Fair Value Measurements and Disclosures ." As of December 31, 2022 and 2021, the notes receivable balances are comprised primarily of a loan provided to a real estate operator to finance its acquisition and development costs, and construction loans provided to real estate developers. The notes receivable from real estate developers and operators had a net weighted average interest rate and maturity of 13.1% and 0.8 years as of December 31, 2022, and 7.2% and 0.9 years as of December 31, 2021, respectively. In February 2023, the maturity date on $217.6 million of notes receivable due in December 2022 was extended to May 31, 2023. Refer to Note 20, "Subsequent Events," for additional information regarding notes receivable activity after December 31, 2022. As of December 31, 2022, real estate developers and operators collectively have $47.4 million of undrawn funds on their loans. There were no adjustments to the fair value of notes receivable from real estate developers and operators for the years ended December 31, 2022 and 2021. Refer to Note 15, "Fair Value of Financial Instruments," for additional information. Other Receivables, net Other receivables, net were comprised of amounts due from the following categories (in millions): December 31, 2022 December 31, 2021 Insurance receivables $ 78.5 $ 9.0 MH and annual RV residents for rent, utility charges, fees and other pass-through charges, net (1) 61.5 10.0 Marina customers for storage, service and lease payments, net (2) 40.0 29.3 Home sale proceeds 28.9 33.5 Other receivables (3) 37.3 24.7 Total Other Receivables, net $ 246.2 $ 106.5 (1) Net of allowance of $5.9 million and $5.5 million as of December 31, 2022 and 2021, respectively. (2) Net of allowance of $2.2 million and $1.5 million as of December 31, 2022 and 2021, respectively. (3) Includes receivable from Rezplot Systems LLC, a nonconsolidated affiliate, in which we had 48.9% and 49.2% ownership interest as of December 31, 2022 and 2021, respectively. In June 2020, we made a convertible secured loan to Rezplot Systems LLC. The note allows for a principal amount of up to $10.0 million to be drawn down over a period of three years, bears an interest rate of 3.0% and is secured by all the assets of Rezplot Systems LLC. In January 2022, we made an additional loan to Rezplot Systems LLC that allows for a principal amount of up to $5.0 million to be drawn over a period of three years and bears an interest rate of 3.0%. The outstanding balances were $12.7 million and $10.2 million as of December 31, 2022 and 2021, respectively. Refer to Note 6, "Investments in Nonconsolidated Affiliates," for additional information on Rezplot Systems LLC. |
Goodwill and Other Intangible A
Goodwill and Other Intangible Assets | 12 Months Ended |
Dec. 31, 2022 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Goodwill and Other Intangible Assets [Text Block] | Our intangible assets include goodwill, in-place leases, non-competition agreements, trademarks and trade names, customer relationships, franchise agreements and other intangible assets. These intangible assets are recorded in Goodwill and Other intangible assets, net on the Consolidated Balance Sheets. Goodwill The measurement periods for the valuation of assets acquired and liabilities assumed in a business combination end as soon as information on the facts and circumstances that existed as of the acquisition dates becomes available but do not exceed 12 months. Adjustments in purchase price allocations may require a change in the amounts allocated to goodwill during the periods in which the adjustments are determined. These purchase accounting adjustments are presented under Other in the table below. Changes in the carrying amount of goodwill by reportable segment were as follows (in millions): December 31, 2020 Acquisitions (1) Other (2) December 31, 2021 Acquisitions (3) Currency Translation Adjustment Other (4) December 31, 2022 Segment MH $ — $ — $ — $ — $ 465.0 $ (36.7) $ 39.1 $ 467.4 RV — — — — 9.5 — — 9.5 Marina 428.8 36.8 29.8 495.4 41.5 — 4.6 541.5 Total $ 428.8 $ 36.8 $ 29.8 $ 495.4 $ 516.0 $ (36.7) $ 43.7 $ 1,018.4 (5) (1) During the year ended December 31, 2021, we recorded goodwill of $36.8 million in the Marina segment related to the acquisition of Emerald Coast and Cabrillo Isle, primarily attributed to enterprise value and the assembled workforce value associated with existing operations. (2) During the year ended December 31, 2021, Adjustments in purchase price allocations resulted in goodwill increase of $29.8 million in the Marina segment, related to the acquisition of Safe Harbor marina. (3) During the year ended December 31, 2022, we recorded goodwill of $465.0 million in the MH segment related to the acquisition of Park Holidays, primarily attributed to the acquired platform and assembled workforce value associated with the scale of Park Holidays' existing operations in the UK. Additionally, we recorded goodwill of $41.5 million in the Marina segment related to the acquisition of Jarrett Bay Boatworks and Montauk Yacht Club, primarily attributed to enterprise value and the assembled workforce value associated with existing operations, and $9.5 million in the RV segment related to the acquisition of Leisure Systems, Inc, primarily attributed to its licensing arrangements, ability to obtain new franchise relationships and assembled workforce. (4) During the year ended December 31, 2022, adjustments in purchase price allocations resulted in goodwill increase of $39.1 million in the MH segment, related to the acquisition of Park Holidays. (5) During the year ended December 31, 2022 and 2021, we recognized goodwill from acquisitions of $516.0 million and $36.8 million, respectively, which is expected to be deductible for tax purposes. Other Intangible Assets, net The gross carrying amounts and accumulated amortization of our intangible assets were as follows (in millions): December 31, 2022 December 31, 2021 Other Intangible Asset Useful Life Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization In-place leases 2 months - 13 years $ 165.7 $ (135.4) $ 162.6 $ (120.8) Non-competition agreements 5 years 10.5 (4.1) 10.0 (2.0) Trademarks and trade names 3 - 15 years 81.2 (5.5) 5.8 (0.9) Customer relationships 4 - 17 years 131.5 (24.7) 122.4 (12.3) Franchise agreements and other intangible assets 1 - 27 years 48.3 (8.9) 31.1 (5.8) Total finite-lived assets $ 437.2 $ (178.6) $ 331.9 $ (141.8) Indefinite-lived assets - Trademarks and trade names N/A 140.9 — 114.2 — Indefinite-lived assets - Other N/A 2.5 — 2.5 — Total indefinite-lived assets $ 143.4 $ — $ 116.7 $ — Total $ 580.6 $ (178.6) $ 448.6 $ (141.8) Amortization expenses related to our Other intangible assets were as follows (in millions): Year Ended Other Intangible Asset Amortization Expense December 31, 2022 December 31, 2021 December 31, 2020 In-place leases $ 15.3 $ 28.5 $ 18.2 Non-competition agreements 2.1 2.0 — Trademarks and trade names 4.5 0.9 — Customer relationships 12.3 9.9 2.4 Franchise fees and other intangible assets 2.7 2.2 0.8 Total $ 36.9 $ 43.5 $ 21.4 We anticipate amortization expense for Other intangible assets to be as follows for the next five years (in millions): 2023 2024 2025 2026 2027 In-place leases $ 10.6 $ 7.1 $ 6.2 $ 3.5 $ 2.0 Non-competition agreements 2.1 2.1 2.1 0.1 — Trademarks and trade names 6.3 5.5 5.5 5.1 5.2 Customer relationships 12.7 12.7 12.7 12.2 12.2 Franchise agreements and other intangible assets 4.0 3.2 3.1 2.8 2.6 Total $ 35.7 $ 30.6 $ 29.6 $ 23.7 $ 22.0 |
Investment in Nonconsolidated A
Investment in Nonconsolidated Affiliates | 12 Months Ended |
Dec. 31, 2022 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Investment in Nonconsolidated Affiliates [Text Block] | Investments in joint ventures that are not consolidated, nor recorded at cost, are accounted for using the equity method of accounting as prescribed in FASB ASC Topic 323, " Investments - Equity Method and Joint Ventures ." Investments in nonconsolidated affiliates are recorded within Other assets, net on the Consolidated Balance Sheets. Equity income and loss are recorded in the Income / (loss) from nonconsolidated affiliates line item on the Consolidated Statements of Operations. RezPlot Systems LLC ("Rezplot") At December 31, 2022 and December 31, 2021, we had a 48.9% and 49.2% ownership interest, respectively, in RezPlot, a RV reservation software technology company, which interest we acquired in January 2019. Sungenia joint venture ("Sungenia JV") At December 31, 2022 and December 31, 2021, we had a 50% ownership interest in Sungenia JV, a joint venture formed between us and Ingenia Communities Group in November 2018, to establish and grow a manufactured housing community development program in Australia. GTSC LLC ("GTSC") At December 31, 2022 and December 31, 2021, we had a 40% ownership interest in GTSC, which engages in acquiring, holding and selling loans secured, directly or indirectly, by manufactured homes located in our communities. Origen Financial Services, LLC ("OFS") At December 31, 2022 and December 31, 2021, we had no ownership interest and a 22.9% ownership interest, respectively, in OFS, an end-to-end online resident screening and document management suite. During the year ended December 31, 2022, we sold our ownership interest in OFS for $0.6 million. The gain from the sale was $0.3 million, which was recorded within Income from nonconsolidated affiliates on the Consolidated Statements of Operations. SV Lift, LLC ("SV Lift") At December 31, 2022 and December 31, 2021, we had a 50% ownership interest in SV Lift, which owns, operates and leases an aircraft. The investment balance in each nonconsolidated affiliate is as follows (in millions): Year Ended Investment December 31, 2022 December 31, 2021 Investment in RezPlot $ — $ 0.1 Investment in Sungenia JV 44.5 36.2 Investment in GTSC 54.5 35.7 Investment in OFS — 0.2 Investment in SV Lift 2.3 2.9 Total $ 101.3 $ 75.1 The income / (loss) from each nonconsolidated affiliate is as follows (in millions): Year Ended Income / (Loss) from Nonconsolidated Affiliates December 31, 2022 December 31, 2021 December 31, 2020 RezPlot equity loss $ (4.7) $ (2.9) $ (1.9) Sungenia JV equity income 2.2 1.8 0.3 GTSC equity income 5.9 6.1 3.9 OFS equity income 0.6 0.2 0.2 SV Lift equity loss (1.1) (1.2) (0.8) Total equity income $ 2.9 $ 4.0 $ 1.7 The change in the GTSC investment balance is as follows (in millions): Year Ended December 31, 2022 December 31, 2021 Beginning balance $ 35.7 $ 25.5 Contributions 37.4 27.3 Distributions (22.5) (23.0) Equity earnings 5.9 6.1 Fair value adjustment (2.0) (0.2) Ending Balance $ 54.5 $ 35.7 The change in the Sungenia JV investment balance is as follows (in millions): Year Ended December 31, 2022 December 31, 2021 Beginning balance $ 36.2 $ 26.9 Cumulative translation adjustment (3.0) (1.5) Contributions 9.1 9.0 Equity earnings 2.2 1.8 Ending Balance $ 44.5 $ 36.2 |
Consolidated Variable Interest
Consolidated Variable Interest Entities | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of Variable Interest Entities [Abstract] | |
Variable Interest Entities [Text Block] | The Operating Partnership We consolidate the Operating Partnership under the guidance set forth in ASC 810 "Consolidation." We evaluated whether the Operating Partnership met the criteria for classification as a variable interest entity ("VIE") or, alternatively, as a voting interest entity and concluded that the Operating Partnership met the criteria of a VIE. Our significant asset is our investment in the Operating Partnership, and consequently, substantially all of our assets and liabilities represent those assets and liabilities of the Operating Partnership. We are the sole general partner and generally have the power to manage and have complete control over the Operating Partnership and the obligation to absorb its losses or the right to receive its benefits. Other Consolidated VIEs We consolidate Sun NG RV Resorts LLC ("Sun NG Resorts"), Sun NG Whitewater RV Resorts LLC, Sun NG Beaver Brook LLC, FPG Sun Menifee 80 LLC, Solar Energy Project LLC, Solar Energy Project CA II LLC, Solar Energy Project III LLC and FPG Sun Moreno Valley 66 LLC under the guidance set forth in ASC Topic 810 "Consolidation." We concluded that each entity is a VIE where we are the primary beneficiary, as we have the power to direct the significant activities of, and absorb the significant losses and receive the significant benefits from each entity. Refer to Note 8, "Debt and Line of Credit," and Note 9, "Equity and Temporary Equity," for additional information on Sun NG Resorts. During the three months ended September 30, 2022, we acquired the noncontrolling equity interest held by third parties in a joint venture created for the purpose of acquiring land and constructing a marina in Fort Lauderdale, Florida ("SHM South Fork JV, LLC"). The transaction resulted in the Company owning a 100% ownership interest in the joint venture and we concluded that SHM South Fork JV, LLC was no longer a VIE. The acquisition was accounted for as an equity transaction in accordance with ASC Topic 810, " Consolidation ," with the difference between the purchase price and the noncontrolling interest of $1.9 million recorded as a decrease to Additional Paid-in Capital on the Consolidated Balance Sheets. During the three months ended June 30, 2022, we acquired the noncontrolling equity interest held by third parties in Rudgate Village SPE LLC, Rudgate Clinton SPE LLC and Rudgate Clinton Estates, LLC (collectively, "Rudgate"), an MH community, which resulted in the Company owning a 100% ownership interest in Rudgate. We concluded that Rudgate was no longer a VIE. The acquisition was accounted for as an equity transaction in accordance with ASC Topic 810, " Consolidation ," with the difference between the purchase price and the acquired noncontrolling interest of $13.2 million recorded as an increase to Additional Paid-in Capital on the Consolidated Balance Sheets. Refer to Note 9, "Equity and Temporary Equity," for additional information. The following table summarizes the assets and liabilities of our consolidated VIEs, with the exception of the Operating Partnership, included in our Consolidated Balance Sheets after eliminations (in millions): December 31, 2022 December 31, 2021 Assets Investment property, net $ 739.7 $ 623.5 Cash, cash equivalents and restricted cash 14.1 13.6 Other intangible assets, net 13.0 13.4 Other assets, net 10.5 5.3 Total Assets $ 777.3 $ 655.8 Liabilities and Other Equity Secured debt $ 22.2 $ 52.6 Unsecured debt 35.2 35.2 Advanced reservation deposits and rent 13.8 13.5 Accrued expenses and accounts payable 11.8 78.3 Other liabilities 1.4 2.2 Total Liabilities 84.4 181.8 Temporary equity 41.3 35.4 Noncontrolling interests — 19.4 Total Liabilities and Other Equity $ 125.7 $ 236.6 Total assets related to the consolidated VIEs, with the exception of the Operating Partnership, comprised 4.5% and 4.9% of our consolidated total assets at December 31, 2022 and 2021, respectively. Total liabilities comprised 0.9% and 2.8% of our consolidated total liabilities at December 31, 2022 and 2021, respectively. Equity Interests and Noncontrolling interests related to the consolidated VIEs, on an absolute basis, comprised less than 1.0% of our consolidated total equity at December 31, 2022 and 2021, respectively. |
Debt And Lines Of Credit
Debt And Lines Of Credit | 12 Months Ended |
Dec. 31, 2022 | |
Debt Disclosure [Abstract] | |
Debt and Line of Credit [Text Block] | The following table sets forth certain information regarding debt including premiums, discounts and deferred financing costs (in millions, except for statistical information): Carrying Amount Weighted Average Weighted Average December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Secured Debt (1) $ 3,217.8 $ 3,380.7 10.2 10.6 3.723 % 3.779 % Unsecured Debt Senior unsecured notes (2) 1,779.6 1,186.4 8.1 8.5 2.9 % 2.55 % Line of credit and other debt (3) 2,130.6 1,034.8 2.8 3.5 4.417 % 0.978 % Preferred equity - Sun NG Resorts - mandatorily redeemable 35.2 35.2 1.8 2.8 6.0 % 6.0 % Preferred OP units - mandatorily redeemable 34.0 34.7 3.1 4.1 5.921 % 5.932 % Total Unsecured Debt 3,979.4 2,291.1 Total Debt $ 7,197.2 $ 5,671.8 7.4 8.8 3.746 % 3.038 % (1) Balances at December 31, 2022 and 2021 include $0.1 million and $1.7 million of net debt premium, respectively, and $(14.6) million and $(14.7) million of deferred financing costs, respectively. (2) Balances at December 31, 2022 and 2021 include $(6.1) million and $(3.3) million of net debt discount, respectively, and $(14.3) million and $(10.3) million of deferred financing costs, respectively. Weighted average interest rates include the impact of hedge activity. (3) Balance at December 31, 2022 and 2021 includes $(3.0) million and $0 of deferred financing costs, respectively. Weighted average interest rates include the impact of hedge activity. Secured Debt Secured debt consists of mortgage term loans. During the years ended December 31, 2022 and 2021, we paid off the following mortgage term loans during the quarters presented below (in millions, except for statistical information): Period Repayment Amount Fixed Interest Rate Maturity Date Loss on Extinguishment of Debt Three months ended September 30, 2022 $ 318.0 (1) 4.81 % December 6, 2022 - $ 4.0 Three months ended June 30, 2022 $ 15.8 3.89 % October 1, 2022 $ — Three months ended December 31, 2021 $ 11.6 (2) 4.3 % February 1, 2022 $ — (1) Includes 17 mortgage term loans which were scheduled to mature from December 6, 2022 to September 6, 2024 that are secured by 35 properties. (2) Includes two mortgage term loans which were scheduled to mature on February 1, 2022. During the year ended December 31, 2022, we entered into the following mortgage term loans during the quarters presented below (in millions, except for statistical information). During the year ended December 31, 2021, we did not enter into any mortgage term loans. Period Loan Amount Term (in years) Interest Rate Maturity Date Three months ended December 31, 2022 $ 226.0 (1) 4 - 7 4.5 % June 15, 2026 - December 15, 2029 Three months ended September 30, 2022 $ 20.6 (2)(4) 25 3.65 % August 10, 2047 $ 3.4 (3)(4) 25 3.65 % August 10, 2047 (1) Includes 18 existing encumbered properties. Refer to Note 20, "Subsequent Events," for information regarding additional mortgage term loans entered into subsequent to year end. (2) Represents a construction loan (undrawn as of December 31, 2022). (3) Represents mortgage term loan. (4) Represents loans jointly secured by one property. The mortgage term loans, which total $3.2 billion as of December 31, 2022, are secured by 154 properties comprised of 59,178 sites representing approximately $2.6 billion of net book value. Unsecured Debt Senior Unsecured Notes In April 2022, the Operating Partnership issued $600.0 million of senior unsecured notes with an interest rate of 4.2% and a 10-year term, due April 15, 2032 (the "2032 Notes"). Interest on the 2032 Notes is payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2022. The net proceeds from the offering were $592.3 million after deducting underwriters' discounts and estimated offering expenses. We used the net proceeds from the offering to repay borrowings outstanding under our Senior Credit Facility (as defined below). In October 2021, the Operating Partnership issued $450.0 million of senior unsecured notes with an interest rate of 2.3% and a seven-year term, due November 1, 2028 (the "2028 Notes"). Interest on the 2028 Notes is payable semi-annually in arrears on May 1 and November 1 of each year, beginning on May 1, 2022. The Operating Partnership also issued an additional $150.0 million of its 2031 Notes (as defined below). The net proceeds from both offerings were approximately $595.5 million after deducting underwriters' discounts and estimated offering expenses. The proceeds were used to pay down borrowings under our Senior Credit Facility. In June 2021, the Operating Partnership issued $600.0 million of senior unsecured notes with an interest rate of 2.7% and a 10-year term, due July 15, 2031 (the "2031 Notes"). Interest on the 2031 Notes is payable semi-annually in arrears on January 15 and July 15 of each year, beginning on January 15, 2022. The net proceeds from the offering were approximately $592.4 million, after deducting underwriters' discounts and estimated offering expenses. The proceeds were used to pay down borrowings under our Senior Credit Facility. The total outstanding principal balance of senior unsecured notes was $1.8 billion at December 31, 2022. This balance is recorded in the Unsecured debt line item on the Consolidated Balance Sheets. Line of Credit In April 2022, in connection with the closing of the Park Holidays acquisition, the Operating Partnership as borrower, and SUI, as guarantor, and certain lenders entered into Amendment No. 1 to the Fourth Amended and Restated Credit Agreement and Other Loan Documents (the "Credit Facility Amendment"), which amended our senior credit facility (the "Senior Credit Facility"). The Credit Facility Amendment increased the aggregate amount of our Senior Credit Facility to $4.2 billion with the ability to upsize the total borrowings by an additional $800.0 million, subject to certain conditions. The increased aggregate amount under the Senior Credit Facility consists of the following: (a) a revolving loan in an amount up to $3.05 billion and (b) a term loan facility of $1.15 billion, with the ability to draw funds from the combined facilities in U.S. dollars, Pounds sterling, Euros, Canadian dollars and Australian dollars, subject to certain limitations. The Credit Facility Amendment extended the maturity date of the revolving loan facility to April 7, 2026. At our option that maturity date may be extended two additional six-month periods. In addition, the Credit Facility Amendment established the maturity date of the term loan facility under the Credit Facility Amendment as April 7, 2025, which may not be further extended. Prior to the Credit Facility Amendment, the Senior Credit Facility permitted aggregate borrowings of up to $2.0 billion, with an accordion feature that allowed for additional commitments of up to $1.0 billion, subject to the satisfaction of certain conditions. Prior to the amendment, $500.0 million of available borrowings under the Senior Credit Facility were scheduled to mature on October 11, 2024, with the remainder scheduled to mature on June 14, 2025. We had no loss on extinguishment of debt during the year ended December 31, 2022. During the year ended December 31, 2021, we recognized losses on extinguishment of debt in our Consolidated Statements of Operations of $0.1 million related to the amendment of the Senior Credit Facility, and $0.2 million and $7.9 million, related to the termination of our $750.0 million credit facility and the $1.8 billion credit facility between Safe Harbor and certain lenders, respectively. The Senior Credit Facility bears interest at a floating rate based on Adjusted Term SOFR, the Adjusted Eurocurrency Rate, the Daily RFR, the Australian BBSY, the Daily SONIA Rate or the Canadian Dollar Offered Rate, as applicable, plus a margin, in all cases, which can range from 0.725% to 1.6%, subject to certain adjustments. As of December 31, 2022, the margins based on our credit ratings were 0.85% on the revolving loan facility and 0.95% on the term loan facility. During the year ended December 31, 2022, we achieved sustainability related requirements resulting in a favorable 0.01% adjustment to both margins. At the lenders' option, the Senior Credit Facility will become immediately due and payable upon an event of default under the Credit Facility Agreement. We had $1.1 billion of borrowings outstanding under the revolving loan and $1.1 billion of borrowings outstanding under the term loan on the Senior Credit Facility as of December 31, 2022. We had $1.0 billion of revolving borrowings on our prior Senior Credit Facility as of December 31, 2021. These balances are recorded in Unsecured debt on the Consolidated Balance Sheets. The Senior Credit Facility provides us with the ability to issue letters of credit. Our issuance of letters of credit does not increase our borrowings outstanding under the Senior Credit Facility, but does reduce the borrowing amount available. We had $2.3 million and $2.2 million of outstanding letters of credit at December 31, 2022 and 2021, respectively. Bridge Loan Termination In March 2022, we terminated our commitment letter with Citigroup Global Markets, Inc. ("Citigroup"), pursuant to which, Citigroup (on behalf of its affiliates), previously committed to lend us up to £950.0 million, or approximately $1.2 billion converted at the March 31, 2022 exchange rate (the "Bridge Loan"). As of the date of termination, we did not have any borrowings outstanding under the Bridge Loan. During the year ended December 31, 2022, we recognized a Loss on extinguishment of debt in our Consolidated Statement of Operations of $0.3 million related to the termination of the Bridge Loan. Unsecured Term Loan In October 2019, we assumed a $58.0 million secured term loan facility related to an acquisition. The term loan initially had a four-year term ending October 29, 2023, and bore interest at a floating rate based on the Eurodollar rate or Prime rate plus a margin ranging from 1.2% to 2.05%. Effective July 1, 2021, the agreement was amended to release the associated collateral. The amendment extended the term loan facility maturity date to October 29, 2025 and adjusted the interest rate margin to a range from 0.8% to 1.6%. In August 2022, we amended the secured term loan facility to transition from the Eurodollar rate to SOFR. As of December 31, 2022, the margin based on our credit rating was 0.95%. The outstanding balance was $19.8 million at December 31, 2022 and $31.6 million at December 31, 2021, respectively. In accordance with the amended agreement, we achieved sustainability related requirements resulting in a favorable 0.01% adjustment to the margins. These balances are recorded in Unsecured debt on the Consolidated Balance Sheets. Preferred Equity - Sun NG Resorts - Mandatorily Redeemable In connection with the investment in Sun NG Resorts in June 2018, $35.3 million of mandatorily redeemable Preferred Equity ("Preferred Equity - Sun NG Resorts") was purchased by unrelated third parties. The Preferred Equity - Sun NG Resorts carries a preferred rate of return of 6.0% per annum. The Preferred Equity - Sun NG Resorts has a seven-year term ending June 1, 2025 and can be redeemed in the fourth quarter of 2024 at the holders' option. The Preferred Equity - Sun NG Resorts as of December 31, 2022 was $35.2 million. This balance is recorded within the Unsecured debt line item on the Consolidated Balance Sheets. Refer to Note 7, "Consolidated Variable Interest Entities," and Note 9, "Equity and Temporary Equity," for additional information. Preferred OP Units - Mandatorily Redeemable Preferred OP units at December 31, 2022 and 2021 include $34.0 million and $34.7 million of Aspen preferred OP units issued by the Operating Partnership, respectively. As of December 31, 2022, these units are convertible indirectly into 403,306 shares of our common stock. In January 2020, we amended the Operating Partnership's partnership agreement. The amendment extended the automatic redemption date and reduced the annual distribution rate for 270,000 of the Aspen preferred OP units (the "Extended Units"). Subject to certain limitations, at any time prior to January 1, 2024 (or prior to January 1, 2034 with respect to the Extended Units), the holder of each Aspen preferred OP unit at its option may convert such Aspen preferred OP unit into: (a) if the average closing price of our common stock for the preceding ten trading days is $68.00 per share or less, 0.397 common OP units; or (b) if the 10-day average closing price is greater than $68.00 per share, the number of common OP units is determined by dividing (i) the sum of (A) $27.00 plus (B) 25.0% of the amount by which the ten-day average closing price exceeds $68.00 per share, by (ii) the 10-day average closing price. The current preferred distribution rate is 3.8% on the Extended Units and 6.5% on all other Aspen preferred OP units. On January 2, 2024 (or January 2, 2034 with respect to the Extended Units), we are required to redeem for cash all Aspen preferred OP units that have not been converted to common OP units. As of December 31, 2022, 270,000 of the Extended Units and 988,819 other Aspen preferred units were outstanding. These balances are recorded within the Unsecured debt line item on the Consolidated Balance Sheets. Covenants The mortgage term loans, senior unsecured notes and Senior Credit Facility are subject to various financial and other covenants. The most restrictive covenants are pursuant to (a) the terms of the Senior Credit Facility, which contains a minimum fixed charge coverage ratio, maximum leverage ratio, distribution ratio and variable rate indebtedness, and (b) the terms of the senior unsecured notes, which contain a total debt to total assets ratio, secured debt to total assets ratio, consolidated income available for debt service to debt service ratio and unencumbered total asset value to unsecured debt covenants ratio. At December 31, 2022, we were in compliance with all covenants. In addition, certain of our subsidiary borrowers own properties that secure loans. These subsidiaries are consolidated within our accompanying Consolidated Financial Statements, however, each of these subsidiaries' assets and credit are not available to satisfy our debts and other obligations, and any of our other subsidiaries or any other person or entity. Long-term Debt Maturities As of December 31, 2022, the total of maturities and amortization of our secured debt (excluding premiums and deferred financing costs) and unsecured debt (excluding discounts and deferred financing costs) by year were as follows (in millions): Maturities and Amortization By Year Total Due 2023 2024 2025 2026 2027 Thereafter Secured Debt Mortgage loans payable Maturities $ 2,352.9 $ 117.8 $ 128.8 $ 50.6 $ 573.4 $ 4.0 $ 1,478.3 Principal amortization 879.4 55.6 56.4 54.2 46.2 40.5 626.5 Secured debt total 3,232.3 173.4 185.2 104.8 619.6 44.5 2,104.8 Unsecured Debt Senior unsecured notes 1,800.0 — — — — — 1,800.0 Line of credit and other debt 2,133.6 10.0 9.8 1,058.6 1,055.2 — — Preferred equity - Sun NG Resorts - mandatorily redeemable 35.2 — 33.4 1.8 — — — Preferred OP units - mandatorily redeemable 34.0 — 26.7 — — — 7.3 Total Unsecured Debt 4,002.8 10.0 69.9 1,060.4 1,055.2 — 1,807.3 Total Debt $ 7,235.1 $ 183.4 $ 255.1 $ 1,165.2 $ 1,674.8 $ 44.5 $ 3,912.1 |
Equity and Temporary Equity
Equity and Temporary Equity | 12 Months Ended |
Dec. 31, 2022 | |
Equity [Abstract] | |
Equity and Temporary Equity [Text Block] | Temporary Equity Redeemable Preferred OP Units Temporary equity includes preferred securities that are redeemable for cash at the holder's option or upon the occurrence of an event that is not solely within our control based on a fixed or determinable price. These securities are not mandatorily redeemable for cash nor do they contain a fixed maturity date. The following table sets forth the various series of redeemable preferred OP units that were outstanding as of December 31, 2022 and 2021 and the related terms, and summarizes the balance included on our Consolidated Balance Sheets (in millions, except for statistical information): Description OP Units Outstanding Exchange Rate (1) Annual Distribution Rate (2) Cash Redemption (3) Redemption Period December 31, 2022 December 31, 2021 Series D preferred OP units 488,958 0.8000 4.0 % Holder's Option Any time after earlier of January 31, 2024 or death of holder $ 48.1 $ 49.0 Series F preferred OP units 90,000 0.6250 3.0 % Holder's Option Any time after earlier of May 14, 2025 or death of holder 8.7 8.8 Series G preferred OP units 240,710 0.6452 3.2 % Holder's Option Any time after earlier of September 30, 2025 or death of holder 24.4 24.8 Series H preferred OP units 581,367 0.6098 3.0 % Holder's Option Any time after earlier of October 30, 2025 or death of holder 56.7 57.4 Series I preferred OP units (4) — 0.6098 3.0 % Holder's Option Any time after earlier of December 31, 2025 or death of holder — 93.7 Series J preferred OP units 240,000 0.6061 2.85 % Holder's Option During the 30-day period following a change of control of the Company or any time after April 21, 2026 23.6 23.9 Total 1,641,035 $ 161.5 $ 257.6 (1) Exchange rates are subject to adjustment upon stock splits, recapitalizations and similar events. The exchange rates of certain series of OP units are approximated to four decimal places. (2) Distributions are payable on the issue price of each OP unit which is $100.00 per unit for all these preferred OP units. (3) The redemption price for each preferred OP unit redeemed will be equal to its issue price plus all accrued but unpaid distributions. (4) All of our outstanding series I preferred OP units converted during the year ended December 31, 2022. Redeemable Equity Interests The following table summarizes the redeemable equity interests included in Temporary Equity on our Consolidated Balance Sheets (in millions): Equity Interest Description December 31, 2022 December 31, 2021 FPG Sun Moreno Valley 66 LLC In connection with the investment in land for future development in the city of Moreno Valley, California, at the property known as FPG Sun Moreno Valley 66 LLC $ 0.1 $ 0.1 Solar Energy Project CA II LLC A joint venture that operates and maintains solar energy equipment in select California communities 4.2 0.5 Solar Energy Project LLC A joint venture that operates and maintains solar energy equipment in select California communities 1.9 1.6 Solar Energy Project III LLC A joint venture that operates and maintains solar energy equipment in select Arizona and California communities 0.3 — FPG Sun Menifee 80 LLC In connection with the investment in land for future development in the city of Menifee in California, at the property known as FPG Sun Menifee 80 LLC 0.1 0.1 NG Sun Whitewater LLC In connection with the investment in land at the property known as Whitewater 3.2 4.3 NG Sun LLC In connection with the investment in Sun NG Resorts, a joint venture that operates a portfolio of RV communities in the U.S. 31.1 24.7 NG Sun Beaver Brook LLC In connection with the investment in Sun NG Beaver Brook LLC, a joint venture that operates one RV communities in the U.S. 0.5 — Total $ 41.4 $ 31.3 Equity Interest - NG Sun LLC - In June 2018, in connection with the investment in Sun NG Resorts, unrelated third parties purchased $6.5 million of Series B preferred equity interests and $15.4 million of common equity interests in Sun NG Resorts (herein jointly referred to as "Equity Interest - NG Sun LLC"). In April and September 2020, in connection with certain acquisitions, $3.0 million of Series B preferred equity interests were converted to common equity interests. The Series B preferred equity interests carry a preferred return at a rate that, at any time, is equal to the interest rate on Sun NG Resorts' indebtedness at such time. The current rate of return is 5.0%. The Equity Interest - NG Sun LLC does not have a fixed maturity date and can be redeemed in the fourth quarters of 2024, 2025 or 2026 at the holders' option. Sun NG LLC, our subsidiary, has the right during certain periods each year, with or without cause, or for cause at any time, to elect to buy NG Sun LLC's interest. During a limited period in 2024, NG Sun LLC has the right to put its interest to Sun NG LLC. If either party exercises its option, the property management agreement will be terminated, and we are required to purchase the remaining interests of NG Sun LLC and the property management agreement at fair value. In December 2021, the operating agreement was amended and we paid Sun NG Resorts a contingent consideration earnout in the amount of $38.3 million. The contingent consideration payment was recognized as an additional purchase price payment within Land improvements and buildings in the Consolidated Balance Sheets, and within Acquisition of properties, net of cash acquired in the Consolidated Statement of Cash Flows. The Equity Interest - NG Sun LLC balance was $31.1 million and $24.7 million as of December 31, 2022 and 2021, respectively. Refer to Note 7, "Consolidated Variable Interest Entities," and Note 8, "Debt and Line of Credit," for additional information. Equity Interest - Solar Energy Project III LLC - In November 2022, as the managing member, we entered into a joint venture with SC CA Investor II, LLC to operate and maintain solar energy equipment in select Arizona and California communities. SC CA Investor II, LLC will make an equity contribution of $2.5 million (referred to as "Equity Interest - Solar Energy Project III LLC"), and we will make an equity contribution of $5.8 million. Per the contractual terms of the arrangement, SC CA Investor II, LLC can elect to have us purchase its interest for an agreed upon exercise price at any time after the last day of the 60th full calendar month following the placed in-service date. Terms of the agreement are dependent on final project costs. The Equity Interest - Solar Energy Project III LLC balance was $0.3 million as of December 31, 2022. Refer to Note 7, "Consolidated Variable Interest Entities," for additional information. Permanent Equity Universal Shelf Registration Statement In April 2021, we filed a new universal shelf registration statement on Form S-3 with the SEC. The shelf registration statement was deemed automatically effective and provides for the registration of unspecified amounts of equity and debt securities. We have the authority to issue 200,000,000 shares of capital stock, of which 180,000,000 shares are common stock and 20,000,000 are shares of preferred stock, par value $0.01 per share. As of December 31, 2022, we had 124,044,803 shares of common stock issued and outstanding and no shares of preferred stock were issued and outstanding. Public Equity Offerings In November 2021, we entered into two forward sale agreements relating to an underwritten registered public offering of 4,025,000 shares of our common stock at a public offering price of $185.00 per share and completed the offering on November 18, 2021 (the "November 2021 Forward Sale Agreements"). We did not initially receive any proceeds from the sale of shares of our common stock by the forward purchaser or its affiliates. In April 2022, we completed the physical settlement of the 4,025,000 shares of common stock and received aggregate net proceeds of $705.4 million. We used the net proceeds to repay borrowings outstanding under our Senior Credit Facility, and for working capital and general corporate purposes. In March 2021, we priced a $1.1 billion underwritten public offering of an aggregate of 8,050,000 shares at a public offering price of $140.00 per share, before underwriting discounts and commissions. The offering consisted of 4,000,000 shares offered directly by us and 4,050,000 shares offered under a forward equity sales agreement. We sold the 4,000,000 shares on March 9, 2021 and received net proceeds of $537.6 million after deducting expenses related to the offering. In May and June 2021, we completed the physical settlement of the remaining 4,050,000 shares and received net proceeds of $539.7 million after deducting expenses related to the offering. Proceeds from the offering were used to acquire assets and pay down borrowings under our revolving line of credit. At the Market Offering Sales Agreement In December 2021, we entered into an At the Market Offering Sales Agreement with certain sales agents and forward sellers pursuant to which we may sell, from time to time, up to an aggregate gross sales price of $1.25 billion of our common stock (the "Sales Agreement"), through the sales agents, acting as our sales agents or, if applicable, as forward sellers, or directly to the sales agents as principals for their own accounts. The sales agents and forward sellers are entitled to compensation in an agreed amount not to exceed 2.0% of the gross price per share for any shares sold under the Sales Agreement. We simultaneously terminated our prior sales agreement upon entering into the Sales Agreement. Through December 2022, we had entered into forward sales agreements under our Sales Agreement for an aggregate gross sales price of $160.6 million. During the three months ended September 30, 2022, we entered into forward sale agreements with respect to 15,000 shares of common stock under our Sales Agreement for $2.6 million. Additionally, we settled all of our outstanding forward sale agreements with respect to 1,526,212 shares of common stock which includes 620,109; 600,503; 290,600; and 15,000 shares of common stock from the three months ended December 31, 2021, March 31, June 30 and September 30, 2022 forward sale agreements, respectively. The net proceeds of $275.5 million from the settlement of these forward sale agreements were used to repay borrowings outstanding under our Senior Credit Facility. During the three months ended June 30, 2022, we completed the physical settlement of 1,200,000 shares of common stock under our prior at the market offering program and received net proceeds of $229.5 million. Additionally, we entered into forward sales agreements with respect 290,600 shares of common stock for $50.1 million, under our Sales Agreement. These forward sale agreements were settled during the three months ended September 30, 2022. During the three months ended March 31, 2022, we entered into forward sales agreements with respect to 600,503 shares of common stock for $107.9 million, under our Sales Agreement. These forward sale agreements were settled during the three months ended September 30, 2022. During the year ended December 31, 2021, we entered into forward sale agreements with respect to 1,820,109 shares of common stock under our prior at the market offering program for $356.5 million. We completed the physical settlement of 1,200,000 and 620,109 shares of common stock during the three months ended June 30, 2022 and September 30, 2022, respectively. Issuances of Common Stock and OP Units in Connection with the Acquisition of Certain Properties Issuances of Common Stock In April 2022, we issued 186,044 shares of common stock with a value of $33.9 million in connection with the acquisition of Park Holidays. Issuances of Common OP Units Year Ended December 31, 2022 and 2021 Common OP Units Issued Related Acquisition May 2022 10,854 (1) Rudgate May 2022 5,605 Kittery Point February 2022 14,683 Jarrett Bay Boatworks December 2021 17,707 Haas Lake RV Campground (1) During the three months ended June 30, 2022, we acquired the noncontrolling equity interest held by third parties in Rudgate for a total purchase price of $3.1 million. As consideration, we issued 10,854 common OP units and paid the remainder of the purchase price in cash. The acquisition resulted in the Company owning a 100% controlling interest in Rudgate. Refer to Note 7, "Consolidated Variable Interest Entities," for additional information. Issuances of Preferred OP Units Issuance of Series E Preferred OP Units - In January 2020, we issued 90,000 Series E preferred OP units in connection with the acquisition of Sun Outdoors Cape Cod. The Series E preferred OP units have a stated issuance price of $100.00 per OP unit and carry a preferred return of 5.25% until the second anniversary of the issuance date. Commencing with the second anniversary of the issuance date, the Series E preferred OP units carry a preferred return of 5.5%. Commencing with the first anniversary of the issuance date, subject to certain limitations, each Series E preferred OP unit can be exchanged for our common stock equal to the quotient obtained by dividing $100.00 by $145.00 (as such ratio is subject to adjustments for certain capital events). As of December 31, 2022, 80,000 Series E preferred OP units were outstanding. Conversions Conversions to Common Stock - Subject to certain limitations, holders can convert certain series of OP units to shares of our common stock at any time. Below is the activity of conversions during the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 December 31, 2021 Series Conversion Rate Units / Shares Converted Common Stock (1) Units / Shares Converted Common Stock (1) Aspen preferred OP units Various (2) 25,000 8,007 — — Common OP units 1.0000 150,393 150,393 86,364 86,364 Series A-1 preferred OP units 2.4390 67,476 164,566 19,710 48,067 Series C preferred OP units 1.1100 150 166 140 155 Series E preferred OP units 0.6897 10,000 6,896 — — Series H preferred OP units 0.6098 40 24 — — Series I preferred OP units 0.6098 922,000 562,195 — — (1) Calculation may yield minor differences due to rounding incorporated in the above numbers. (2) Refer to Note 8, "Debt and Line of Credit," for additional detail on Aspen preferred OP unit conversions. Distributions Distributions declared for the three months ended December 31, 2022 were as follows: Common Stock, Common OP units and Restricted Stock Distributions Record Date Payment Date Distribution Per Share Total Distribution December 31, 2022 12/30/2022 1/17/2023 $ 0.88 $ 111.3 |
Share-Based Compensation
Share-Based Compensation | 12 Months Ended |
Dec. 31, 2022 | |
Share-Based Payment Arrangement, Noncash Expense [Abstract] | |
Share-Based Compensation [Text Block] | As of December 31, 2022, we had two share-based compensation plans: the Sun Communities, Inc. 2015 Equity Incentive Plan (as amended, the "2015 Equity Incentive Plan") and the First Amended and Restated 2004 Non-Employee Director Option Plan (as amended, the "2004 Non-Employee Director Option Plan"). We believe granting equity awards will provide certain executives, key employees and directors additional incentives to promote our financial success and promote employee and director retention by providing an opportunity to acquire or increase the direct proprietary interest of those individuals in our operations and future. Time based awards for directors generally vest over three years. Time based awards for key employees and executives generally vest over five years. Market condition awards for executives generally vest after three years. Restricted Stock The majority of our share-based compensation is awarded as service vesting restricted stock grants to executives and key employees. We have also awarded restricted stock to our non-employee directors. We measure the fair value associated with these awards using the closing price of our common stock as of the grant date to calculate compensation cost. Employee awards typically vest over several years and are subject to continued employment by the employee. Award recipients receive distribution payments on unvested shares of restricted stock. First Amendment to the 2015 Equity Incentive Plan At our 2022 Annual Meeting on May 17, 2022, our shareholders approved the First Amendment to the 2015 Equity Incentive Plan. This amendment increased the number of shares of common stock that may be issued under the 2015 Equity Incentive Plan to 4,750,000. As of December 31, 2022, there were 3,124,561 shares available for future issuance. UK Sub-Plan In April 2022, the Board of Directors adopted the UK Sub-Plan under the 2015 Equity Incentive Plan, which is solely applicable to employee participants located in the UK, and establishes certain rules and limitations for participation in the 2015 Equity Incentive Plan by UK employees for the purpose of complying with applicable UK laws. Non-Employee Director Plans 2021 Non-Employee Directors Deferred Compensation Plan - In November 2021, we adopted the 2021 Non-Employee Directors Deferred Compensation Plan ("2021 Deferred Compensation Plan"). The 2021 Deferred Compensation Plan entitles a non-employee director to annually submit an election to defer all or a portion of his or her eligible share-based and cash compensation, effective starting January 2022. 2004 Non-Employee Director Option Plan - The director option plan was approved by our shareholders at the Annual Meeting of Shareholders held on July 19, 2012. The director option plan amended and restated in its entirety our 2004 Non-Employee Director Stock Option Plan. At the Annual Meeting of the Shareholders held on May 17, 2018, the shareholders approved the First Amendment to the Sun Communities, Inc. First Amended and Restated 2004 Non-Employee Director Option Plan to increase the number of authorized shares under the plan by 200,000 shares. The types of awards that may be granted under the director option plan are options, restricted stock and OP units. Only non-employee directors are eligible to participate in the director option plan. The maximum number of options, restricted stock and OP units that may be issued under the director option plan is 375,000 shares. As of December 31, 2022, 157,965 shares remained available for future issuance. During the years ended December 31, 2022 and 2021, shares were granted as follows: Grant Period Type Plan Shares Granted Grant Date Fair Value Per Share Vesting Type 2022 Key Employees 2015 Equity Incentive Plan 203,210 $ 179.23 (1) Time Based 2022 Executive Officers 2015 Equity Incentive Plan 66,000 $ 178.20 (1) Time Based 2022 Executive Officers 2015 Equity Incentive Plan 91,500 $ 124.88 (2) Market Condition (3) 2022 Directors 2004 Non-Employee Director Option Plan 11,900 $ 197.00 (1) Time Based 2021 Key Employees 2015 Equity Incentive Plan 93,910 $ 147.98 (1) Time Based 2021 Executive Officers 2015 Equity Incentive Plan 83,888 $ 157.79 (1) Time Based 2021 Executive Officers 2015 Equity Incentive Plan 101,100 $ 93.41 (2) Market Condition (3) 2021 Directors 2004 Non-Employee Director Option Plan 11,709 $ 148.28 (1) Time Based (1) Represents the weighted average fair value per share of the closing price of our common stock on the dates the shares were awarded. (2) Represents the weighted average fair value per share of the Monte Carlo simulation fair value price of our market condition awards on the dates the shares were awarded. (3) Share-based compensation for restricted stock awards with market conditions is measured based on an estimate of shares expected to vest using a Monte Carlo simulation to determine fair value. The following table summarizes our restricted stock activity for the years ended December 31, 2022, 2021 and 2020 (in millions, except share and per share data): Number of Shares Weighted Average Grant Date Fair Value Fair Value of Unvested restricted shares at January 1, 2020 813,041 $ 83.10 Granted 261,731 $ 144.89 Vested (258,280) $ 73.47 $ 19.0 Forfeited (5,678) $ 111.04 Unvested restricted shares at December 31, 2020 810,814 $ 105.92 Granted 290,607 $ 131.84 Vested (305,747) $ 91.06 $ 27.8 Forfeited (7,654) $ 113.02 Unvested restricted shares at December 31, 2021 788,020 $ 121.18 Granted 372,610 $ 166.27 Vested (278,359) $ 106.98 $ 29.8 Forfeited (27,504) $ 157.11 Unvested restricted shares at December 31, 2022 854,767 $ 144.19 Stock based compensation expense for restricted stock reported in General and Administrative Expenses in the accompanying Consolidated Statements of Operations was $37.6 million, $28.0 million and $22.7 million for the years ended December 31, 2022, 2021 and 2020. The remaining unrecognized share-based compensation cost, net related to our unvested restricted shares, which includes estimated forfeitures, as of December 31, 2022 was approximately $81.6 million and is expected to be recognized over a weighted average period of 1.7 years. Forfeitures are estimated at the grant date and are included monthly within compensation cost. The following table summarizes our expected share-based compensation cost, net related to our unvested restricted shares, in millions: 2023 2024 2025 Thereafter Expected share-based compensation costs, net $ 31.6 $ 23.5 $ 14.9 $ 11.6 |
Segment Reporting
Segment Reporting | 12 Months Ended |
Dec. 31, 2022 | |
Segment Reporting [Abstract] | |
Segment Reporting [Text Block] | We group our segments into reportable segments that provide similar products and services. Each operating segment has discrete financial information evaluated regularly by our chief operating decision maker in managing the business, making operating decisions, allocating resources and evaluating operating performance. As described in Note 1, "Significant Accounting Policies," our three reportable segments are: (i) MH communities, (ii) RV communities and (iii) Marinas. Hybrid properties are classified to a segment based on the predominant site counts at the properties. We evaluate segment operating performance based on NOI. A presentation of our segment financial information is summarized as follows (amounts in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 MH RV Marina Consolidated MH RV Marina Consolidated MH RV Marina Consolidated Operating revenues $ 1,422.8 $ 689.9 $ 786.9 $ 2,899.6 $ 1,059.7 $ 606.4 $ 564.1 $ 2,230.2 $ 902.3 $ 421.1 $ 47.6 $ 1,371.0 Operating expenses / Cost of sales 661.1 359.6 498.4 1,519.1 438.7 318.8 351.8 1,109.3 362.6 221.2 30.1 613.9 NOI $ 761.7 $ 330.3 $ 288.5 $ 1,380.5 $ 621.0 $ 287.6 $ 212.3 $ 1,120.9 $ 539.7 $ 199.9 $ 17.5 $ 757.1 Adjustments to arrive at net income Interest income 35.2 12.2 10.1 Brokerage commissions and other revenues, net 34.9 30.2 17.2 General and administrative expense (256.8) (181.3) (109.5) Catastrophic event-related charges, net (17.5) (2.2) (0.9) Business combination expense, net (24.7) (1.4) (23.0) Depreciation and amortization (604.8) (522.7) (376.9) Loss on extinguishment of debt (see Note 8) (4.4) (8.1) (5.2) Interest expense (229.8) (158.6) (129.1) Interest on mandatorily redeemable preferred OP units / equity (4.2) (4.2) (4.2) Gain / (loss) on remeasurement of marketable securities (53.4) 33.5 6.1 Gain / (loss) on foreign currency exchanges 5.4 (3.7) 7.7 Gain on dispositions of properties 12.2 108.1 5.6 Other expense, net (2.1) (12.1) (5.2) Gain / (loss) on remeasurement of notes receivable (0.8) 0.7 (3.3) Income from nonconsolidated affiliates (see Note 6) 2.9 4.0 1.7 Loss on remeasurement of investment in nonconsolidated affiliates (2.7) (0.2) (1.6) Current tax expense (see Note 12) (10.3) (1.2) (0.8) Deferred tax benefit / (expense) (see Note 12) 4.2 (0.1) 1.6 Net Income 263.8 413.8 147.4 Less: Preferred return to preferred OP units / equity interests 11.0 12.1 6.9 Less: Income attributable to noncontrolling interests 10.8 21.5 8.9 Net Income Attributable to SUI Common Shareholders $ 242.0 $ 380.2 $ 131.6 December 31, 2022 December 31, 2021 MH RV Marina Consolidated MH RV Marina Consolidated Identifiable Assets Investment property, net $ 7,181.7 $ 3,744.3 $ 3,045.0 $ 13,971.0 $ 5,172.2 $ 3,639.0 $ 2,614.3 $ 11,425.5 Cash, cash equivalents and restricted cash 49.4 30.3 10.7 90.4 36.7 19.9 21.6 78.2 Marketable securities 82.4 44.9 — 127.3 121.0 65.9 — 186.9 Inventory of manufactured homes 189.1 13.6 — 202.7 44.3 6.8 — 51.1 Notes and other receivables, net 475.2 96.5 45.6 617.3 374.2 55.5 39.9 469.6 Goodwill 467.4 9.5 541.5 1,018.4 — — 495.4 495.4 Other intangible assets, net 97.9 32.6 271.5 402.0 27.4 22.7 256.7 306.8 Other assets, net 356.1 63.0 236.0 655.1 198.0 63.6 219.0 480.6 Total Assets $ 8,899.2 $ 4,034.7 $ 4,150.3 $ 17,084.2 $ 5,973.8 $ 3,873.4 $ 3,646.9 $ 13,494.1 |
Income Taxes
Income Taxes | 12 Months Ended |
Dec. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
Income Taxes [Text Block] | We have elected to be taxed as a REIT pursuant to Section 856(c) of the Internal Revenue Code of 1986, as amended ("Code"). In order for us to qualify as a REIT, at least 95.0% of our gross income in any year must be derived from qualifying sources. In addition, a REIT must distribute annually at least 90.0% of its REIT taxable income (calculated without any deduction for dividends paid and excluding capital gain) to its shareholders and meet other tests. Qualification as a REIT involves the satisfaction of numerous requirements (on an annual and quarterly basis) established under highly technical and complex Code provisions for which there are limited judicial or administrative interpretations and involves the determination of various factual matters and circumstances not entirely within our control. In addition, frequent changes occur in the area of REIT taxation, which requires us to continually monitor our tax status. We analyzed the various REIT tests and confirmed that we continued to qualify as a REIT for the year ended December 31, 2022. As a REIT, we generally will not be subject to U.S. federal income taxes at the corporate level on the ordinary taxable income we distribute to our shareholders as dividends. If we fail to qualify as a REIT in any taxable year, our taxable income could be subject to U.S. federal income tax at regular corporate rates. Even if we qualify as a REIT, we may be subject to certain state and local income taxes, as well as U.S. federal income and excise taxes on our undistributed income. In addition, taxable income from non-REIT activities managed through taxable REIT subsidiaries is subject to federal, state and local income taxes. We are also subject to local income taxes in Canada, Puerto Rico and the UK due to certain properties located in those jurisdictions. We do not provide for withholding taxes on our undistributed earnings from our Canadian subsidiaries as they are reinvested and will continue to be reinvested indefinitely outside of the U.S. However, we are subject to Australian withholding taxes on distributions from our investment in Ingenia Communities Group. As currently structured, we are not subject to UK withholding taxes on distributions from our UK properties. For income tax purposes, distributions paid to common shareholders consist of ordinary income, capital gains, and return of capital. For the years ended December 31, 2022, 2021 and 2020, distributions paid per share were taxable as follows (unaudited / rounded): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Amount Percentage Amount Percentage Amount Percentage Ordinary income (1) $ 2.55 73.62 % $ 2.31 70.47 % $ 2.14 68.54 % Capital gain — — % — — % 0.06 1.92 % Return of capital 0.92 26.38 % 0.97 29.53 % 0.92 29.54 % Total distributions declared $ 3.47 100.00 % $ 3.28 100.00 % $ 3.12 100.00 % (1) 98.9356% of the ordinary taxable dividend qualifies as a Section 199A dividend for 2022 and 1.0644% of the ordinary taxable dividend qualifies as a Qualified Dividend for 2022. The components of our provision / (benefit) for income taxes attributable to continuing operations for the years ended December 31, 2022, 2021 and 2020 are as follows (amounts in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Federal Current $ — $ — $ (0.8) Deferred — — (0.6) State and Local Current 2.3 1.1 1.5 Deferred — (0.1) — Foreign Current 8.0 0.1 0.1 Deferred (4.2) 0.2 (1.0) Total provision / (benefit) $ 6.1 $ 1.3 $ (0.8) A reconciliation of the provision / (benefit) for income taxes with the amount computed by applying the statutory federal income tax rate to income before provision for income taxes for the years ended December 31, 2022, 2021 and 2020 is as follows (amounts in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Pre-tax income / (loss) attributable to taxable subsidiaries $ 11.4 $ (5.2) $ 8.4 Federal provision / (benefit) at statutory tax rate 2.4 21.0 % (1.1) 21.0 % (1.8) 21.0 % State and local taxes, net of federal benefit 0.7 6.5 % 0.2 (3.8) % 0.7 (8.6) % Rate differential (0.4) (3.5) % 0.1 (2.7) % (0.2) 2.8 % Change in valuation allowance 2.8 24.5 % 3.4 (65.0) % 1.3 (15.8) % Others (1.0) (8.5) % (2.1) 39.8 % (1.6) 19.5 % Tax provision / (benefit) - taxable subsidiaries 4.5 40.0 % 0.5 (10.7) % (1.6) 18.9 % Other state taxes - flow through subsidiaries 1.6 0.8 0.8 Total provision / (benefit) $ 6.1 $ 1.3 $ (0.8) Deferred tax assets and liabilities reflect the impact of temporary differences between the amounts of assets and liabilities for financial reporting purposes and the basis of such assets and liabilities as measured by tax laws. Deferred tax assets are reduced, if necessary, by a valuation allowance to the amount where realization is more likely than not assured after considering all available evidence. Our temporary differences primarily relate to net operating loss carryforwards, and depreciation and basis differences between tax and GAAP. Our deferred tax assets that have a full valuation allowance relate to our taxable REIT subsidiaries. The deferred tax assets and liabilities included in the Consolidated Balance Sheets are comprised of the following tax effects of temporary differences and based on the most recent tax rate legislation (amounts in millions): As of December 31, 2022 December 31, 2021 December 31, 2020 Deferred Tax Assets NOL carryforwards $ 25.9 $ 26.2 $ 19.5 Depreciation and basis differences 26.0 23.7 32.9 Restricted interest carryforwards 25.2 — — Other 4.9 0.1 (0.6) Gross deferred tax assets 82.0 50.0 51.8 Valuation allowance (49.8) (47.0) (44.0) Net deferred tax assets (1) 32.2 3.0 7.8 Deferred Tax Liabilities Basis differences - US assets — (1.2) (5.7) Basis differences - foreign investment (2) (340.8) (22.5) (22.7) Gross deferred tax liabilities (3) (340.8) (23.7) (28.4) Net Deferred Tax Liability $ (308.6) $ (20.7) $ (20.6) (1) Net deferred tax assets are included within Other assets, net in our Consolidated Balance Sheets. (2) Balance as of December 31, 2022 relates to basis differences in our foreign investments in properties in the UK and Canada. (3) Gross deferred tax liabilities are included within Other liabilities in our Consolidated Balance Sheets. Our U.S. taxable REIT subsidiaries operating loss carryforwards are $120.8 million, or $25.1 million after tax, including SHS loss carryforwards of $118.2 million, or $24.8 million after tax, as of December 31, 2022. The loss carryforwards will begin to expire in 2023 through 2035 if not offset by future taxable income. In addition, our Canadian subsidiaries have operating loss carryforwards of $3.1 million, or $0.8 million after tax, as of December 31, 2022. The loss carryforwards will begin to expire in 2036 through 2040 if not offset by future taxable income. We had no unrecognized tax benefits as of December 31, 2022 and 2021. We expect no significant increases or decreases in unrecognized tax benefits due to changes in tax positions within one year of December 31, 2022. We classify certain state taxes as income taxes for financial reporting purposes. We recorded a provision for state income taxes of $2.3 million for the year ended December 31, 2022, $1.1 million for the year ended December 31, 2021, and $1.5 million for the year ended December 31, 2020. Our policy is to report income tax penalties and income tax related interest expense as a component of income tax expense. No interest or penalty associated with any unrecognized income tax provision or benefit was accrued, nor was any income tax related interest or penalty recognized during the years ended December 31, 2022, 2021 and 2020. |
Earnings Per Share
Earnings Per Share | 12 Months Ended |
Dec. 31, 2022 | |
Earnings Per Share [Abstract] | |
Earnings Per Share [Text Block] | Earnings per share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding during the period on a basic and diluted basis. We calculate diluted EPS using the more dilutive of the treasury stock method and the two-class method for stock option and restricted common shares, the treasury stock method for forward equity sales and the if converted method for convertible units. From time to time, we enter into forward equity sales agreements, which are discussed in Note 9, "Equity and Temporary Equity." We considered the potential dilution resulting from the forward equity sales agreements on the EPS calculations. At inception, the agreements do not have an effect on the computation of basic EPS as no shares are delivered unless there is a physical settlement. Common shares issued upon the physical settlement of the forward equity sales agreements, weighted for the period these common shares are outstanding, are included in the denominator of basic EPS. To determine the dilution resulting from the forward equity sales agreements during the period of time prior to settlement, we calculate the number of weighted-average shares outstanding - diluted in accordance with the treasury stock method. Our potentially dilutive securities include our potential common shares related to our forward equity offerings, our unvested restricted common shares, and our Operating Partnership outstanding common OP units, Series A-1 preferred OP units, Series A-3 preferred OP units, Series C preferred OP units, Series D preferred OP units, Series E preferred OP units, Series F preferred OP units, Series G preferred OP units, Series H preferred OP units, Series J preferred OP units and Aspen preferred OP Units, which, if converted or exercised, may impact dilution. Diluted EPS considers the impact of potentially dilutive securities except when the potential common shares have an anti-dilutive effect. Our unvested restricted stock common shares contain rights to receive non-forfeitable distributions and participate equally with common stock with respect to distributions issued or declared, and thus, are participating securities, requiring the two-class method of computing EPS. In calculating the two-class method, undistributed earnings are allocated to both common shares and participating securities based on the weighted average number of shares outstanding during the period. The two-class method determines EPS by (1) dividing the sum of distributed earnings allocated to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of shares of common stock outstanding for the period; and (2) dividing the sum of distributed earnings allocated to participating securities and undistributed earnings allocated to participating securities by the weighted average number of shares of participating securities for the period. The remaining potential dilutive common shares do not contain rights to distributions and are included in the computation of diluted EPS. Computations of basic and diluted EPS were as follows (in millions, except per share data): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Numerator Net Income Attributable to SUI Common Shareholders $ 242.0 $ 380.2 $ 131.6 Less: allocation to restricted stock awards 1.4 2.4 0.8 Basic earnings - Net Income attributable to common shareholders after allocation to restricted stock awards $ 240.6 $ 377.8 $ 130.8 Add: allocation to common and preferred OP units dilutive effect 4.7 8.6 — Add: allocation to restricted stock awards — — — Diluted earnings - Net income attributable to common shareholders after allocation to common and preferred OP units (1) $ 245.3 $ 386.4 $ 130.8 Denominator Weighted average common shares outstanding $ 120.2 $ 112.6 $ 97.5 Add: common shares dilutive effect: Forward Equity Offering 0.2 — — Add: dilutive restricted stock — — — Add: common and preferred OP units dilutive effect 2.5 2.5 — Diluted weighted average common shares and securities (1) $ 122.9 $ 115.1 $ 97.5 EPS Available to Common Shareholders After Allocation Basic EPS $ 2.00 $ 3.36 $ 1.34 Diluted EPS (1) $ 2.00 $ 3.36 $ 1.34 (1) For the years ended December 31, 2022, 2021 and 2020, diluted earnings per share was calculated using the two-class method for restricted stock awards as the application of this method resulted in a more diluted earnings per share during those periods. We have excluded certain convertible securities from the computation of diluted EPS because the inclusion of those securities would have been anti-dilutive for the periods presented. The following table presents the outstanding securities that were excluded from the computation of diluted EPS as of December 31, 2022, 2021 and 2020 (amounts in thousands): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Common OP units — — 2,607 A-1 preferred OP units 208 275 295 A-3 preferred OP units 40 40 40 Aspen preferred OP units 1,259 1,284 1,284 Series C preferred OP units 306 306 306 Series D preferred OP units 489 489 489 Series E preferred OP units 80 90 90 Series F preferred OP units 90 90 90 Series G preferred OP units 241 241 241 Series H preferred OP units 581 581 581 Series I preferred OP units — 922 922 Series J preferred OP units 240 240 — Total Securities 3,534 4,558 6,945 |
Derivative Financial Instrument
Derivative Financial Instruments | 12 Months Ended |
Dec. 31, 2022 | |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
Derivative Financial Instruments [Text Block] | We hold treasury rate lock contracts, interest rate swaps, and forward swaps for interest rate risk management purposes. We do not enter into derivative instruments for speculative purposes. During the three months ended June 30, 2022, in connection with the 2032 Notes issuance, we settled four 10-year treasury rate lock contracts totaling $600.0 million and received a settlement payment of $35.3 million. As of the settlement date, the net accumulated gain included in AOCI is being reclassified into earnings as a reduction to interest expense on a straight-line basis over the 10-year term of the hedged transaction. During the year ended December 31, 2022, we entered into two treasury rate lock contracts and one forward swap contract with an aggregate notional value of $250.0 million to hedge interest rate risk associated with the future issuance of long-term debt. We also entered into two interest rate swap agreements to hedge variable rate borrowings of £400.0 million (equivalent to $483.6 million as of December 31, 2022) under the term loan on our Senior Credit Facility. The interest rate swaps locked in a total fixed rate, inclusive of spread, of 3.66% through the term loan maturity date of April 7, 2025. Refer to Note 20, "Subsequent Events," for information regarding additional derivatives transactions subsequent to year end. The following table presents the gross fair value amounts of our derivative financial instruments and the associated notional amounts (in millions): December 31, 2022 December 31, 2021 Derivatives designated as cash flow hedges Notional Fair Value of Assets (1) Fair Value of Liabilities Notional Fair Value of Assets (1) Fair Value of Liabilities Interest rate derivatives $ 733.6 $ 32.0 $ — $ 150.0 $ 0.4 $ — (1) Included within Other Assets, net on the Consolidated Balance Sheets. Refer to Note 15, "Fair Value of Financial Instruments," for additional information related to the fair value methodology used for derivative financial instruments. The following table presents the gains on derivatives in cash flow hedging relationships recognized in Other Comprehensive Income (in millions): Year Ended Derivatives designated as cash flow hedges December 31, 2022 December 31, 2021 December 31, 2020 Interest rate derivatives $ 64.3 $ 0.4 $ — The following table presents the amount of gains on derivative instruments reclassified from Accumulated Other Comprehensive Income into earnings (in millions): Year Ended Derivatives designated as cash flow hedges Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Interest rate derivatives Interest expense $ 1.3 $ — $ — |
Fair Value of Financial Instrum
Fair Value of Financial Instruments | 12 Months Ended |
Dec. 31, 2022 | |
Fair Value Disclosures [Abstract] | |
Fair Value of Financial Instruments [Text Block] | Our financial instruments consist primarily of cash, cash equivalents and restricted cash, marketable securities, notes and other receivables, derivatives assets, debt, warrants and other liabilities. We utilize fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures, pursuant to ASC 820, " Fair Value Measurements and Disclosures ." Assets by Hierarchy Level The table below sets forth our financial assets and liabilities (in millions) that required disclosure of fair value on a recurring basis as of December 31, 2022. The table presents the carrying values and fair values of our financial instruments as of December 31, 2022 and 2021, that were measured using the valuation techniques described in Note 1, "Significant Accounting Policies,". The table excludes other financial instruments such as other receivables and accounts payable as the carrying values associated with these instruments approximate their fair value since their maturities are less than one year. These are classified as Level 1 in the hierarchy. December 31, 2022 Financial Assets Carrying Value Quoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Fair Value Cash, cash equivalents and restricted cash $ 90.4 $ 90.4 $ — $ — $ 90.4 Marketable securities 127.3 127.3 — — 127.3 Installment notes receivable on manufactured homes, net 65.9 — — 65.9 65.9 Notes receivable from real estate developers and operators 305.2 — — 305.2 305.2 Derivative assets 32.0 — 32.0 — 32.0 Total assets measured at fair value $ 620.8 $ 217.7 $ 32.0 $ 371.1 $ 620.8 Financial Liabilities Secured debt $ 3,217.8 $ — $ 3,217.8 $ — $ 2,814.1 Unsecured debt Senior unsecured notes 1,779.6 — 1,779.6 — 1,432.7 Line of credit and other unsecured debt 2,199.8 — 2,199.8 — 2,199.8 Total unsecured debt 3,979.4 — 3,979.4 — 3,632.5 Other financial liabilities (contingent consideration) 20.2 — — 20.2 20.2 Total liabilities measured at fair value $ 7,217.4 $ — $ 7,197.2 $ 20.2 $ 6,466.8 December 31, 2021 Financial Assets Carrying Value Quoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Fair Value Cash, cash equivalents and restricted cash $ 78.2 $ 78.2 $ — $ — $ 78.2 Marketable securities 186.9 186.9 — — 186.9 Installment notes receivable on manufactured homes, net 79.1 — — 79.1 79.1 Notes receivable from real estate developers and operators 284.0 — — 284.0 284.0 Derivative assets 0.4 — 0.4 — 0.4 Total assets measured at fair value $ 628.6 $ 265.1 $ 0.4 $ 363.1 $ 628.6 Financial Liabilities Secured debt $ 3,380.7 $ — $ 3,380.7 $ — $ 3,405.9 Unsecured debt Senior unsecured notes 1,186.4 — 1,186.4 — 1,201.8 Line of credit and other unsecured debt 1,104.7 — 1,104.7 — 1,104.7 Total unsecured debt 2,291.1 — 2,291.1 — 2,306.5 Other financial liabilities (contingent consideration) (1) 20.2 — — 20.2 20.2 Total liabilities measured at fair value $ 5,692.0 $ — $ 5,671.8 $ 20.2 $ 5,732.6 (1) Balance updated during the three months ended March 31, 2022 to include contingent consideration related to a marina acquisition. This contingent consideration was included within Other liabilities on the Consolidated Balance Sheets at December 31, 2021. We utilize fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The following methods and assumptions were used in order to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value: Cash, Cash Equivalents and Restricted Cash The carrying values of cash, cash equivalents and restricted cash approximate their fair market values due to the short-term nature of the instruments. These are classified as Level 1 in the hierarchy. Marketable Securities Marketable securities held by us and accounted for under ASC 321 " Investments - Equity Securities " are measured at fair value. Any change in fair value is recognized in the Consolidated Statement of Operations in Gain / (loss) on remeasurement of marketable securities in accordance with ASU 2016-01 " Financial Instruments - Overall (Subtopic 825-10): Recognition and measurement of financial assets and financial liabilities ." The fair value is measured by the quoted unadjusted share price which is readily available in active markets (Level 1). The change in the marketable securities balance is as follows (in millions): Year Ended December 31, 2022 December 31, 2021 Beginning Balance $ 186.9 $ 124.7 Additional purchases — 35.5 Change in fair value measurement (53.4) 33.4 Foreign currency translation adjustment (7.7) (9.2) Dividend reinvestment, net of tax 1.5 2.5 Ending Balance $ 127.3 $ 186.9 Installment Notes Receivable on Manufactured Homes Installment notes receivable on manufactured homes are recorded at fair value and are measured using model-derived indicative pricing using primarily unobservable inputs, inclusive of default rates, interest rates and recovery rates (Level 3). Refer to Note 4, "Notes and Other Receivables," for additional information. Notes Receivable from Real Estate Developers and Operators Notes receivable from real estate developers and operators are recorded at fair value and are measured using model-derived indicative pricing using primarily unobservable inputs including interest rates and counterparty performance (Level 3). The carrying values of the notes generally approximate their fair market values either due to the nature of the note and / or the note being secured by underlying collateral and / or personal guarantees. Refer to Note 4, "Notes and Other Receivables," for additional information. Derivatives Assets - Interest Rate Derivatives Interest rate derivatives are recorded at fair value and consist of treasury rate lock contracts, interest rate swaps and forward swaps. The fair value of these financial instruments are measured using observable inputs based on the 10 year Treasury note rate and the weighted average Daily SONIA Rate, respectively (Level 2). Secured Debt Secured debt consists primarily of our mortgage term loans. The fair value of mortgage term loans is based on the estimates of management and on rates currently quoted, rates currently prevailing for comparable loans and instruments of comparable maturities (Level 2). Refer to Note 8, "Debt and Line of Credit," for additional information. Unsecured Debt Senior unsecured notes - the fair value of senior unsecured notes is based on the estimates of management and on rates currently quoted, rates currently prevailing for comparable loans and instruments of comparable maturities (Level 2). Refer to Note 8, "Debt and Line of Credit," for additional information. Line of credit and other unsecured debt - consists primarily of our Senior Credit Facility. We have variable rates on our Senior Credit Facility. The fair value of the debt with variable rates approximates carrying value as the interest rates of these amounts approximate market rates. The estimated fair value of our indebtedness as of December 31, 2022 approximated its gross carrying value. Other Financial Liabilities We estimate the fair value of contingent consideration liabilities based on valuation models using significant unobservable inputs that generally consider discounting of future cash flows using market interest rates and adjusting for non-performance risk over the remaining term of the liability (Level 3). Level 3 Reconciliation, Measurements and Transfers We review the fair value hierarchy classifications each reporting period. Changes in the observability of the valuation attributes may result in a reclassification of certain financial assets or liabilities. Such reclassifications are reported as transfers in and out of Level 3 at the beginning fair value for the reporting period in which the changes occur. Availability of secondary market activity and consistency of pricing from third-party sources impacts our ability to classify securities as Level 2 or Level 3. There were no transfers into or out of Level 3 during the year ended December 31, 2022. During the year ended December 31, 2021, our assessment resulted in a net transfer into Level 3 of $138.5 million related to installment notes receivable on manufactured homes and notes from real estate developers. The following tables summarize changes to our financial instruments carried at fair value and classified within Level 3 of the fair value hierarchy for the year ended December 31, 2022 and 2021 (in millions): Year Ended December 31, 2022 December 31, 2021 Assets: Installment Notes Receivable on MH, net Notes Receivable From Real Estate Developers and Operators Warrants Installment Notes Receivable on MH, net Notes Receivable From Real Estate Developers and Operators Level 3 beginning balance at December 31, 2022 and 2021 $ 79.1 $ 284.0 $ — $ — $ — Transfer to level 3 — — 85.9 52.6 Realized gains / (losses) (1) (0.8) — (3.4) 0.7 — Purchases and issuances 1.0 79.3 3.4 8.6 239.7 Sales and settlements (13.4) (34.9) — (14.6) (13.0) Dispositions of properties — — — (1.9) — Foreign currency exchange losses — (23.3) — — — Other adjustments — 0.1 — 0.4 4.7 Level 3 ending balance at December 31, 2022 and 2021 $ 65.9 $ 305.2 $ — $ 79.1 $ 284.0 Year Ended December 31, 2022 December 31, 2021 Liabilities: Other Liabilities (Contingent Consideration) Other Liabilities (Contingent Consideration) Level 3 beginning balance at December 31, 2022 and 2021 $ 20.2 $ 15.8 Realized losses (1) — 9.3 Purchases and issuances — 26.5 Sales and settlements — (33.7) Other adjustments — 2.3 Level 3 ending balance at December 31, 2022 and 2021 $ 20.2 $ 20.2 (1) Includes realized gains / losses recorded in earnings Although we have determined the estimated fair value amounts using available market information and commonly accepted valuation methodologies, considerable judgment is required in interpreting market data to develop fair value estimates. The fair value estimates are based on information available as of December 31, 2022. As such, our estimates of fair value could differ significantly from the actual carrying value. |
Commitments And Contingencies
Commitments And Contingencies | 12 Months Ended |
Dec. 31, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies [Text Block] | Legal Proceedings We are involved in various legal proceedings arising in the ordinary course of business. All such proceedings, taken together, are not expected to have a material adverse impact on our results of operations or financial condition. Catastrophic Event-Related Charges In September 2022, Hurricane Ian made landfall on Florida's western coast. The storm primarily affected three RV properties in the Fort Myers area, comprising approximately 2,500 sites. These properties sustained significant flooding and wind damage from the hurricane. At other affected MH and RV properties, most of the damage was limited to trees, roofs, fences, skirting and carports. At affected marina properties, seawalls, docks, buildings, and landscaping sustained wind and water damage. During the year ended December 31, 2022, we recognized charges totaling $72.2 million comprised of $43.6 million for debris and tree removal, common area repairs and minor flooding damage, as well as $28.6 million for impaired assets, These charges were partially offset by estimated insurance recoveries of $54.9 million, resulting in net charges of $17.3 million related to Hurricane Ian, recognized as Catastrophic event-related charges, net in our Consolidated Statements of Operations for the year ended December 31, 2022. We maintain property, casualty, flood and business interruption insurance for our community portfolio, subject to customary deductibles and limits. As of December 31, 2022, we had not received any insurance recoveries. Refer to Note 20, "Subsequent Events," for information regarding insurance recoveries received subsequent to year end. The foregoing estimates are based on current information available, and we continue to assess these estimates. Actual charges and insurance recoveries could vary significantly from these estimates. Any changes to these estimates will be recognized in the period(s) in which they are determined. |
Leases
Leases | 12 Months Ended |
Dec. 31, 2022 | |
Leases [Abstract] | |
Leases [Text Block] | Lessee Accounting We lease land under non-cancelable operating leases at certain MH, RV and marina properties expiring at various dates through 2085. The majority of the leases have terms requiring fixed payments plus additional rents based on a percentage of revenues at those properties. We also have other operating leases, primarily office space and equipment expiring at various dates through 2027. Future minimum lease payments under non-cancellable leases as of December 31, 2022 where we are the lessee include: Maturity of Lease Liabilities (in millions) Operating Leases Finance Leases Total 2023 $ 13.6 $ 1.0 $ 14.6 2024 13.6 4.6 18.2 2025 13.2 0.5 13.7 2026 11.6 0.5 12.1 2027 9.6 0.5 10.1 Thereafter 237.6 21.8 259.4 Total Lease Payments $ 299.2 $ 28.9 $ 328.1 Less: Imputed interest (138.9) (13.9) (152.8) Present Value of Lease Liabilities $ 160.3 $ 15.0 $ 175.3 Right-of-use ("ROU") assets and lease liabilities for finance and operating leases as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification As of Description December 31, 2022 December 31, 2021 Lease Assets Finance lease, ROU asset, net of accumulated amortization Investment property, net $ 32.2 $ 4.3 Operating lease, ROU asset, net Other assets, net $ 189.4 $ 138.2 Below market operating leases, net Other assets, net $ 90.9 $ 93.1 Lease Liabilities Finance lease liabilities Other liabilities $ 15.0 $ 4.2 Operating lease liabilities Other liabilities $ 160.3 $ 129.2 Lease expense for finance and operating leases, and variable and short term lease costs as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Finance Lease Expense Amortization of ROU assets Depreciation and amortization $ 2.7 $ — $ — Interest on lease liabilities Interest expense 0.5 0.2 0.1 Operating lease cost General and administrative expense, Property operating and maintenance, 8.5 11.4 4.3 Operating lease impairment (1) Other expense, net 4.0 — — Variable lease cost Property operating and maintenance 2.9 6.6 2.3 Short term lease cost Property operating and maintenance 0.1 0.2 — Total Lease Expense $ 18.7 $ 18.4 $ 6.7 (1) Refer to Note 1, "Significant Accounting Policies," for additional detail. Lease term, discount rates and additional information for finance and operating leases are as follows: As of Lease Term and Discount Rate December 31, 2022 Weighted-average Remaining Lease Terms (years) Finance lease 37.87 Operating lease 33.97 Weighted-average Discount Rate Finance lease 3.38 % Operating lease 3.80 % Year Ended Other Information (in millions) December 31, 2022 December 31, 2021 December 31, 2020 Cash Paid for Amounts Included in the Measurement of Lease Liabilities Operating cash flow from operating leases $ 12.1 $ 6.6 $ 2.7 Financing cash flow from finance leases 6.2 0.3 0.1 Total Cash Paid On Lease Liabilities $ 18.3 $ 6.9 $ 2.8 During the quarter ended December 31, 2022, we vacated certain of our leased spaces to better align with our needs and workplace strategies. As a result, we impaired the corresponding operating lease right of use assets, resulting in a charge of $4.0 million recorded within Other expense, net within the Consolidated Statement of Operations. Lessor Accounting We are not the lessor for any finance leases at our MH, RV or marina properties as of December 31, 2022. Nearly all of our operating leases at our MH and RV properties where we are the lessor are either month to month or for a time period not to exceed one year. As of December 31, 2022, future minimum lease payments would not exceed 12 months. Future minimum lease payments under non-cancellable leases at our RV communities and marinas at the year ended December 31, 2022 where we are the lessor include: Maturity of Lease Payments (in millions) Operating Leases 2023 $ 26.7 2024 17.0 2025 8.9 2026 5.1 2027 4.4 Thereafter 40.7 Total Undiscounted Cash Flows $ 102.8 The components of lease income for our operating leases, as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Operating Leases Fixed lease income Income from real property; Brokerage commissions and other revenue, net $ 28.9 $ 23.0 $ 3.3 Variable lease income (1) Income from real property; Brokerage commissions and other revenue, net $ 2.9 $ 5.7 $ 2.0 (1) Consists of rent primarily based on a percentage of acquisition costs and net operating income. During the year ended December 31, 2021, we terminated our operating ground lease agreements at two properties and settled a contingent consideration earn-out provision in the amount of $17.2 million. As these properties were deemed asset acquisitions, the contingent consideration payment was recognized as an additional purchase price within Land improvements and buildings in the Consolidated Balance Sheets, and within Acquisition of properties, net of cash acquired, in the Consolidated Statement of Cash Flows. In conjunction with the termination, we entered into management agreements with the previous operators to manage these properties effective January 1, 2022. During the year ended December 31, 2021, we terminated our operating ground lease agreement at one property and settled a contingent consideration earnout provision in the amount of $20.1 million. The initial contingent consideration liability of $9.8 million was recognized at acquisition within Investment property in the Consolidated Balance Sheets, and within financing in the Consolidated Statement of Cash Flows. As this property was deemed a business combination, incremental contingent consideration expense of $10.3 million was recognized within Other expense, net in the Consolidated Statement of Operations and within Operating in the Consolidated Statement of Cash Flows. In conjunction with the termination, we entered into a management agreement with the previous operator to manage the property effective January 1, 2022. Failed Sale Leaseback In connection with our acquisition of Park Holidays, we assumed ground lease arrangements for 34 UK properties that we concluded to be failed sale-leaseback transactions under ASC Topic 842, " Leases ." The arrangements have maturities ranging from 2117 through 2197 with an option to repurchase for £1.00 at the end of the term. The obligation related to the underlying ground leases has been recorded as a financial liability of $339.7 million as of December 31, 2022. The financial liability is recorded within Other Liabilities on the Consolidated Balance Sheets. The following table presents the future minimum rental payments for this financial liability as of December 31, 2022: Maturity of Financial Liability (in millions) December 31, 2022 2023 $ 8.0 2024 11.2 2025 11.2 2026 11.3 2027 11.4 Thereafter 1,685.7 Total Payments $ 1,738.8 Less: Imputed interest (1,399.1) Present Value of Financial Liability $ 339.7 |
Leases [Text Block] | Lessee Accounting We lease land under non-cancelable operating leases at certain MH, RV and marina properties expiring at various dates through 2085. The majority of the leases have terms requiring fixed payments plus additional rents based on a percentage of revenues at those properties. We also have other operating leases, primarily office space and equipment expiring at various dates through 2027. Future minimum lease payments under non-cancellable leases as of December 31, 2022 where we are the lessee include: Maturity of Lease Liabilities (in millions) Operating Leases Finance Leases Total 2023 $ 13.6 $ 1.0 $ 14.6 2024 13.6 4.6 18.2 2025 13.2 0.5 13.7 2026 11.6 0.5 12.1 2027 9.6 0.5 10.1 Thereafter 237.6 21.8 259.4 Total Lease Payments $ 299.2 $ 28.9 $ 328.1 Less: Imputed interest (138.9) (13.9) (152.8) Present Value of Lease Liabilities $ 160.3 $ 15.0 $ 175.3 Right-of-use ("ROU") assets and lease liabilities for finance and operating leases as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification As of Description December 31, 2022 December 31, 2021 Lease Assets Finance lease, ROU asset, net of accumulated amortization Investment property, net $ 32.2 $ 4.3 Operating lease, ROU asset, net Other assets, net $ 189.4 $ 138.2 Below market operating leases, net Other assets, net $ 90.9 $ 93.1 Lease Liabilities Finance lease liabilities Other liabilities $ 15.0 $ 4.2 Operating lease liabilities Other liabilities $ 160.3 $ 129.2 Lease expense for finance and operating leases, and variable and short term lease costs as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Finance Lease Expense Amortization of ROU assets Depreciation and amortization $ 2.7 $ — $ — Interest on lease liabilities Interest expense 0.5 0.2 0.1 Operating lease cost General and administrative expense, Property operating and maintenance, 8.5 11.4 4.3 Operating lease impairment (1) Other expense, net 4.0 — — Variable lease cost Property operating and maintenance 2.9 6.6 2.3 Short term lease cost Property operating and maintenance 0.1 0.2 — Total Lease Expense $ 18.7 $ 18.4 $ 6.7 (1) Refer to Note 1, "Significant Accounting Policies," for additional detail. Lease term, discount rates and additional information for finance and operating leases are as follows: As of Lease Term and Discount Rate December 31, 2022 Weighted-average Remaining Lease Terms (years) Finance lease 37.87 Operating lease 33.97 Weighted-average Discount Rate Finance lease 3.38 % Operating lease 3.80 % Year Ended Other Information (in millions) December 31, 2022 December 31, 2021 December 31, 2020 Cash Paid for Amounts Included in the Measurement of Lease Liabilities Operating cash flow from operating leases $ 12.1 $ 6.6 $ 2.7 Financing cash flow from finance leases 6.2 0.3 0.1 Total Cash Paid On Lease Liabilities $ 18.3 $ 6.9 $ 2.8 During the quarter ended December 31, 2022, we vacated certain of our leased spaces to better align with our needs and workplace strategies. As a result, we impaired the corresponding operating lease right of use assets, resulting in a charge of $4.0 million recorded within Other expense, net within the Consolidated Statement of Operations. Lessor Accounting We are not the lessor for any finance leases at our MH, RV or marina properties as of December 31, 2022. Nearly all of our operating leases at our MH and RV properties where we are the lessor are either month to month or for a time period not to exceed one year. As of December 31, 2022, future minimum lease payments would not exceed 12 months. Future minimum lease payments under non-cancellable leases at our RV communities and marinas at the year ended December 31, 2022 where we are the lessor include: Maturity of Lease Payments (in millions) Operating Leases 2023 $ 26.7 2024 17.0 2025 8.9 2026 5.1 2027 4.4 Thereafter 40.7 Total Undiscounted Cash Flows $ 102.8 The components of lease income for our operating leases, as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Operating Leases Fixed lease income Income from real property; Brokerage commissions and other revenue, net $ 28.9 $ 23.0 $ 3.3 Variable lease income (1) Income from real property; Brokerage commissions and other revenue, net $ 2.9 $ 5.7 $ 2.0 (1) Consists of rent primarily based on a percentage of acquisition costs and net operating income. During the year ended December 31, 2021, we terminated our operating ground lease agreements at two properties and settled a contingent consideration earn-out provision in the amount of $17.2 million. As these properties were deemed asset acquisitions, the contingent consideration payment was recognized as an additional purchase price within Land improvements and buildings in the Consolidated Balance Sheets, and within Acquisition of properties, net of cash acquired, in the Consolidated Statement of Cash Flows. In conjunction with the termination, we entered into management agreements with the previous operators to manage these properties effective January 1, 2022. During the year ended December 31, 2021, we terminated our operating ground lease agreement at one property and settled a contingent consideration earnout provision in the amount of $20.1 million. The initial contingent consideration liability of $9.8 million was recognized at acquisition within Investment property in the Consolidated Balance Sheets, and within financing in the Consolidated Statement of Cash Flows. As this property was deemed a business combination, incremental contingent consideration expense of $10.3 million was recognized within Other expense, net in the Consolidated Statement of Operations and within Operating in the Consolidated Statement of Cash Flows. In conjunction with the termination, we entered into a management agreement with the previous operator to manage the property effective January 1, 2022. Failed Sale Leaseback In connection with our acquisition of Park Holidays, we assumed ground lease arrangements for 34 UK properties that we concluded to be failed sale-leaseback transactions under ASC Topic 842, " Leases ." The arrangements have maturities ranging from 2117 through 2197 with an option to repurchase for £1.00 at the end of the term. The obligation related to the underlying ground leases has been recorded as a financial liability of $339.7 million as of December 31, 2022. The financial liability is recorded within Other Liabilities on the Consolidated Balance Sheets. The following table presents the future minimum rental payments for this financial liability as of December 31, 2022: Maturity of Financial Liability (in millions) December 31, 2022 2023 $ 8.0 2024 11.2 2025 11.2 2026 11.3 2027 11.4 Thereafter 1,685.7 Total Payments $ 1,738.8 Less: Imputed interest (1,399.1) Present Value of Financial Liability $ 339.7 |
Leases [Text Block] | Lessee Accounting We lease land under non-cancelable operating leases at certain MH, RV and marina properties expiring at various dates through 2085. The majority of the leases have terms requiring fixed payments plus additional rents based on a percentage of revenues at those properties. We also have other operating leases, primarily office space and equipment expiring at various dates through 2027. Future minimum lease payments under non-cancellable leases as of December 31, 2022 where we are the lessee include: Maturity of Lease Liabilities (in millions) Operating Leases Finance Leases Total 2023 $ 13.6 $ 1.0 $ 14.6 2024 13.6 4.6 18.2 2025 13.2 0.5 13.7 2026 11.6 0.5 12.1 2027 9.6 0.5 10.1 Thereafter 237.6 21.8 259.4 Total Lease Payments $ 299.2 $ 28.9 $ 328.1 Less: Imputed interest (138.9) (13.9) (152.8) Present Value of Lease Liabilities $ 160.3 $ 15.0 $ 175.3 Right-of-use ("ROU") assets and lease liabilities for finance and operating leases as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification As of Description December 31, 2022 December 31, 2021 Lease Assets Finance lease, ROU asset, net of accumulated amortization Investment property, net $ 32.2 $ 4.3 Operating lease, ROU asset, net Other assets, net $ 189.4 $ 138.2 Below market operating leases, net Other assets, net $ 90.9 $ 93.1 Lease Liabilities Finance lease liabilities Other liabilities $ 15.0 $ 4.2 Operating lease liabilities Other liabilities $ 160.3 $ 129.2 Lease expense for finance and operating leases, and variable and short term lease costs as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Finance Lease Expense Amortization of ROU assets Depreciation and amortization $ 2.7 $ — $ — Interest on lease liabilities Interest expense 0.5 0.2 0.1 Operating lease cost General and administrative expense, Property operating and maintenance, 8.5 11.4 4.3 Operating lease impairment (1) Other expense, net 4.0 — — Variable lease cost Property operating and maintenance 2.9 6.6 2.3 Short term lease cost Property operating and maintenance 0.1 0.2 — Total Lease Expense $ 18.7 $ 18.4 $ 6.7 (1) Refer to Note 1, "Significant Accounting Policies," for additional detail. Lease term, discount rates and additional information for finance and operating leases are as follows: As of Lease Term and Discount Rate December 31, 2022 Weighted-average Remaining Lease Terms (years) Finance lease 37.87 Operating lease 33.97 Weighted-average Discount Rate Finance lease 3.38 % Operating lease 3.80 % Year Ended Other Information (in millions) December 31, 2022 December 31, 2021 December 31, 2020 Cash Paid for Amounts Included in the Measurement of Lease Liabilities Operating cash flow from operating leases $ 12.1 $ 6.6 $ 2.7 Financing cash flow from finance leases 6.2 0.3 0.1 Total Cash Paid On Lease Liabilities $ 18.3 $ 6.9 $ 2.8 During the quarter ended December 31, 2022, we vacated certain of our leased spaces to better align with our needs and workplace strategies. As a result, we impaired the corresponding operating lease right of use assets, resulting in a charge of $4.0 million recorded within Other expense, net within the Consolidated Statement of Operations. Lessor Accounting We are not the lessor for any finance leases at our MH, RV or marina properties as of December 31, 2022. Nearly all of our operating leases at our MH and RV properties where we are the lessor are either month to month or for a time period not to exceed one year. As of December 31, 2022, future minimum lease payments would not exceed 12 months. Future minimum lease payments under non-cancellable leases at our RV communities and marinas at the year ended December 31, 2022 where we are the lessor include: Maturity of Lease Payments (in millions) Operating Leases 2023 $ 26.7 2024 17.0 2025 8.9 2026 5.1 2027 4.4 Thereafter 40.7 Total Undiscounted Cash Flows $ 102.8 The components of lease income for our operating leases, as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Operating Leases Fixed lease income Income from real property; Brokerage commissions and other revenue, net $ 28.9 $ 23.0 $ 3.3 Variable lease income (1) Income from real property; Brokerage commissions and other revenue, net $ 2.9 $ 5.7 $ 2.0 (1) Consists of rent primarily based on a percentage of acquisition costs and net operating income. During the year ended December 31, 2021, we terminated our operating ground lease agreements at two properties and settled a contingent consideration earn-out provision in the amount of $17.2 million. As these properties were deemed asset acquisitions, the contingent consideration payment was recognized as an additional purchase price within Land improvements and buildings in the Consolidated Balance Sheets, and within Acquisition of properties, net of cash acquired, in the Consolidated Statement of Cash Flows. In conjunction with the termination, we entered into management agreements with the previous operators to manage these properties effective January 1, 2022. During the year ended December 31, 2021, we terminated our operating ground lease agreement at one property and settled a contingent consideration earnout provision in the amount of $20.1 million. The initial contingent consideration liability of $9.8 million was recognized at acquisition within Investment property in the Consolidated Balance Sheets, and within financing in the Consolidated Statement of Cash Flows. As this property was deemed a business combination, incremental contingent consideration expense of $10.3 million was recognized within Other expense, net in the Consolidated Statement of Operations and within Operating in the Consolidated Statement of Cash Flows. In conjunction with the termination, we entered into a management agreement with the previous operator to manage the property effective January 1, 2022. Failed Sale Leaseback In connection with our acquisition of Park Holidays, we assumed ground lease arrangements for 34 UK properties that we concluded to be failed sale-leaseback transactions under ASC Topic 842, " Leases ." The arrangements have maturities ranging from 2117 through 2197 with an option to repurchase for £1.00 at the end of the term. The obligation related to the underlying ground leases has been recorded as a financial liability of $339.7 million as of December 31, 2022. The financial liability is recorded within Other Liabilities on the Consolidated Balance Sheets. The following table presents the future minimum rental payments for this financial liability as of December 31, 2022: Maturity of Financial Liability (in millions) December 31, 2022 2023 $ 8.0 2024 11.2 2025 11.2 2026 11.3 2027 11.4 Thereafter 1,685.7 Total Payments $ 1,738.8 Less: Imputed interest (1,399.1) Present Value of Financial Liability $ 339.7 |
Related Party Transactions
Related Party Transactions | 12 Months Ended |
Dec. 31, 2022 | |
Related Party Transactions [Abstract] | |
Related Party Transactions [Text Block] | Lease of Executive Offices - Gary A. Shiffman, together with certain of his family members, indirectly owns an equity interest of approximately 28.1% in American Center LLC, the entity from which we lease office space for our principal executive offices. Each of Brian M. Hermelin, Ronald A. Klein and Arthur A. Weiss indirectly owns less than one percent interest in American Center LLC. Mr. Shiffman is our Chief Executive Officer and Chairman of the Board. Each of Mr. Hermelin, Mr. Klein and Mr. Weiss is a director of the Company. Under this agreement, we lease approximately 60,261 rentable square feet of permanent space. The lease agreement includes annual graduated rent increases through the initial end date of October 31, 2026. As of December 31, 2022, the average gross base rent was $20.45 per square foot. Each of Mr. Shiffman, Mr. Hermelin, Mr. Klein and Mr. Weiss may have a conflict of interest with respect to his obligations as our officer and / or director and his ownership interest in American Center LLC. Use of Airplane - Gary A. Shiffman is the beneficial owner of an airplane that we use from time to time for business purposes. During the years ended December 31, 2022, 2021 and 2020, we paid $0.7 million, $0.7 million and $0.3 million for the use of the airplane, respectively. Mr. Shiffman may have a conflict of interest with respect to his obligations as our officer and director and his ownership interest in the airplane. Telephone Services - Brian M. Hermelin is a principal and a beneficial owner of an entity that installs and maintains emergency telephone systems at our properties. During the years ended December 31, 2022, 2021 and 2020, we paid $0.2 million for these services, respectively. Mr. Hermelin may have a conflict of interest with respect to his obligations as our director and his position with and ownership interest in the provider of these services. Legal Counsel - Arthur A. Weiss is a partner at Taft Stettinius & Hollister LLP (formerly Jaffe, Raitt, Heuer, & Weiss, Professional Corporation) which acts as our general counsel and represents us in various matters. We incurred legal fees and expenses owed to this law firm of approximately $9.7 million, $10.3 million and $13.3 million in the years ended December 31, 2022, 2021, and 2020, respectively. Tax Consequences Upon Sale of Properties - Gary A. Shiffman holds limited partnership interests in the Operating Partnership which were received in connection with the contribution of properties from partnerships previously affiliated with him. Prior to any redemption of these limited partnership interests for our common stock, Mr. Shiffman will have tax consequences different from those on us and our public shareholders upon the sale of any of these partnerships. Therefore, we and Mr. Shiffman may have different objectives regarding the appropriate pricing and timing of any sale of those properties. Transactions with Immediate Family Members - Adam Shiffman, the son of Gary A. Shiffman, the Company's Chairman, President and Chief Executive Officer, was appointed as the Company's Regional Vice President of Operations and Sales in September 2021. Adam Shiffman's aggregate annual compensation was approximately $135,000 for the fiscal year ended December 31, 2022. |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Standards Update and Change in Accounting Principle [Abstract] | |
Recent Accounting Pronoucements [Text Block] | Recent Accounting Pronouncements - Adopted In August 2020, the FASB issued ASU 2020-06, " Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity's Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity ." This update simplifies the accounting for convertible instruments by eliminating the models that require separation of a cash conversion or beneficial conversion feature from the host contract. Under the amended guidance, a convertible debt instrument is treated as one liability accounted for at its amortized cost and convertible preferred stock is considered one equity instrument accounted for at its historical cost, unless (a) there are other features that require bifurcation as a derivative, or (b) convertible debt was issued at a substantial premium. This update also eliminates several triggers for derivative accounting, including a requirement to settle certain contracts by delivering registered shares. Additionally, this update provides clarifications to improve the consistency of EPS calculations. We adopted the ASU on January 1, 2022. The adoption of this ASU did not have an impact on our Consolidated Financial Statements. In March 2020, the FASB issued ASU 2020-04, " Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting ," which provides optional guidance for accounting for contracts, hedging relationships and other transactions affected by the reference rate reform, if certain criteria are met. The provisions of this standard are available for election through December 31, 2022. In December 2022, FASB issued ASU 2022-06, " Reference Rate Reform (Topic 848) - Deferral of the Sunset Date of Topic 848 ," which defers the sunset date of Topic 848 from December. 31, 2022 to December 31, 2024, after which entities will no longer be permitted to apply the relief in Topic 848. As of December 31, 2022, all of our debt and derivative instruments have been converted from LIBOR to alternative reference rates. The transition did not have a material impact on our Consolidated Financial Statements as the majority of our debt has fixed interest rates. |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2022 | |
Subsequent Events [Abstract] | |
Subsequent Events [Text Block] | Acquisitions Subsequent to the year ended December 31, 2022, we acquired four land parcels located in the U.S. and UK for an aggregate purchase price of $35.8 million. Dispositions In February 2023, we sold two non-operating properties in the UK for total consideration of $112.0 million, in the form of notes receivable, with a weighted average interest rate of 11.9% per annum, due May 31, 2023. The dispositions resulted in gains on sale totaling approximately $1.5 million. Assets Held for Sale In February 2023, we reached an agreement to sell an operating MH community in the UK with 730 developed sites for approximately $241.0 million in the form of a note receivable. As a result, subsequent to year end, the community has been classified as held for sale with an expected closing in March 2023, at which point financial statement impacts will be determined. Catastrophic Event As of February 21, 2023, we received $3.5 million of insurance recoveries in connection with property damage at our Fort Myers, Florida area communities resulting from Hurricane Ian in September 2022. Refer to Note 16, "Commitments and Contingencies," for additional information regarding impacts to our consolidated financial statements from Hurricane Ian. Secured Debt In January 2023, we entered into mortgage term loans of $85.0 million related to five existing encumbered properties which mature February 13, 2026 and have a fixed interest rate of 5.0%. We used the net proceeds from the offering to repay borrowings outstanding under our Senior Credit Facility. Senior Unsecured Notes In January 2023, the Operating Partnership issued $400.0 million of senior unsecured notes with an interest rate of 5.7% and a 10-year term, due January 15, 2033 (the "2033 Notes"). Interest on the notes is payable semi-annually in arrears on January 15 and July 15 of each year, beginning on July 15, 2023. The net proceeds from the offering were $395.3 million, after deducting underwriters' discounts and estimated offering expenses. We used the net proceeds from the offering to repay borrowings outstanding under our Senior Credit Facility. Derivatives Transactions In January 2023, in connection with the 2033 Notes issuance, we settled two 10-year treasury rate lock contracts and one forward swap totaling $250.0 million and received a net settlement payment of $7.4 million. This lowered the effective interest rate on the 2033 Notes from 5.7% to 5.5%. As of the settlement date, the net accumulated gain included in AOCI is being reclassified into earnings as a reduction to interest expense on a straight-line basis over the 10-year term of the hedged transaction. We have evaluated our Consolidated Financial Statements for subsequent events through the date that this Form 10-K was issued. |
SCHEDULE III
SCHEDULE III | 12 Months Ended |
Dec. 31, 2022 | |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract] | |
Real Estate and Accumulated Depreciation Disclosure [Text Block] | The following tables set forth real estate and accumulated depreciation relating to our MH and RV properties. Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) 47 North (5) Cle Elum, WA $ — $ 19.7 $ — $ 6.8 $ 7.9 $ 26.5 $ 7.9 $ 34.4 $ — 2021 (C) 49'er Village RV Resort Plymouth, CA — 2.2 10.7 — 3.0 2.2 13.7 15.9 (2.9) 2017 (A) Academy / West Point Canton, MI 33.2 1.5 14.3 — 10.5 1.5 24.8 26.3 (14.9) 2000 (A) Allendale Meadows Allendale, MI 22.8 0.4 3.7 — 7.5 0.4 11.2 11.6 (7.9) 1996 (A) Alpine Meadows Grand Rapids, MI — 0.7 6.7 — 9.3 0.7 16.0 16.7 (10.5) 1996 (A&C) Alta Laguna Rancho Cucamonga, CA 38.3 23.7 21.1 — 1.8 23.7 22.9 46.6 (5.2) 2016 (A) Andover Grass Lake, MI — 2.1 11.2 — 0.8 2.1 12.0 14.1 (0.6) 2021 (A) Apple Carr Village Muskegon, MI — 0.8 6.2 0.3 28.6 1.1 34.8 35.9 (8.7) 2011 (A&C) Apple Creek Amelia, OH 7.1 0.5 5.5 — 3.6 0.5 9.1 9.6 (5.4) 1999 (A) Arbor Terrace RV Park Bradenton, FL 16.0 0.4 4.4 — 7.2 0.4 11.6 12.0 (6.4) 1996 (A) Arbor Woods Ypsilanti, MI — 3.3 12.4 — 11.4 3.3 23.8 27.1 (6.7) 2017 (A) Ariana Village Lakeland, FL 4.9 0.2 2.2 — 2.3 0.2 4.5 4.7 (2.7) 1994 (A) Augusta Village Augusta, ME — 0.8 3.1 — 0.7 0.8 3.8 4.6 (0.3) 2020 (A) Austin Lone Star RV Resort Austin, TX — 0.6 7.9 — 2.4 0.6 10.3 10.9 (2.4) 2016 (A) Autumn Ridge Ankeny, IA 23.0 0.8 8.1 — 7.8 0.8 15.9 16.7 (9.7) 1996 (A) Bahia Vista Estates Sarasota, FL — 6.8 17.7 — 3.3 6.8 21.0 27.8 (4.5) 2016 (A) Baker Acres RV Resort Zephyrhills, FL 6.7 2.1 11.9 — 3.6 2.1 15.5 17.6 (3.4) 2016 (A) Beechwood Killingworth, CT — 7.9 18.4 — 1.6 7.9 20.0 27.9 (2.4) 2019 (A) Bear Lake Development Land (5) Garden City, UT — 6.1 — — 2.3 6.1 2.3 8.4 — 2022 (C) Bel Air Estates Menifee, CA — 4.3 14.4 — — 4.3 14.4 18.7 (0.3) 2022 (A) Bell Crossing Clarksville, TN 8.8 0.7 1.9 — 6.9 0.7 8.8 9.5 (5.9) 1999 (A&C) Big Tree RV Resort Arcadia, FL — 1.2 13.5 — 3.2 1.2 16.7 17.9 (3.9) 2016 (A) Birch Hill Estates Bangor, ME — 2.0 29.5 — 1.0 2.0 30.5 32.5 (2.6) 2020 (A) Blue Heron Pines Punta Gorda, FL 16.9 0.4 35.3 — 6.3 0.4 41.6 42.0 (10.1) 2015 (A&C) Blue Jay MH & RV Resort Dade City, FL — 2.0 9.7 — 2.4 2.0 12.1 14.1 (2.6) 2016 (A) Blue Star (7) Apache Junction, AZ 2.4 5.1 12.7 (4.1) (7) (9.4) 1.0 3.3 4.3 (0.8) 2014 (A) Blueberry Hill Bushnell, FL 13.0 3.8 3.2 — 4.3 3.8 7.5 11.3 (3.0) 2012 (A) Bluebonnet Lake (5) Austin, TX — 8.5 — — 2.7 8.5 2.7 11.2 — 2021 (C) Boulder Ridge Pflugerville, TX 25.1 1.0 0.5 3.3 58.9 4.3 59.4 63.7 (20.1) 1998 (C) Branch Creek Austin, TX 21.9 0.8 3.7 — 8.1 0.8 11.8 12.6 (7.5) 1995 (A&C) Brentwood Estates Hudson, FL 5.5 1.1 9.4 0.1 2.2 1.2 11.6 12.8 (3.1) 2015 (A) Brentwood Village Kentwood, MI 9.6 0.4 3.6 — 2.0 0.4 5.6 6.0 (3.7) 1996 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Brentwood West Mesa, AZ 27.2 13.6 24.2 — 1.4 13.6 25.6 39.2 (7.5) 2014 (A) Broadview Estates Davison, MI — 0.7 6.1 — 24.4 0.7 30.5 31.2 (15.4) 1996 (A&C) Brook Ridge Hooksett, NH — 1.0 6.0 — 0.3 1.0 6.3 7.3 (0.8) 2019 (A) Brookside Manor Goshen, IN — 0.3 1.1 0.3 20.0 0.6 21.1 21.7 (11.8) 1985 (A&C) Brookside Village Kentwood, MI 6.2 0.2 5.6 — 0.6 0.2 6.2 6.4 (2.3) 2011 (A) Buena Vista Buckeye, AZ — 9.2 14.4 — 2.6 9.2 17.0 26.2 (2.3) 2019 (A) Buttonwood Bay MH & RV Resort Sebring, FL 29.0 1.9 18.3 0.1 8.5 2.0 26.8 28.8 (17.4) 2001 (A) Byron Center Byron Center, MI — 0.3 2.4 — 1.9 0.3 4.3 4.6 (2.8) 1996 (A) Caliente Sands Cathedral City, CA — 1.9 6.7 (0.1) 0.7 1.8 7.4 9.2 (1.4) 2017 (A) Camelot Villa Macomb, MI — 0.9 21.2 — 13.4 0.9 34.6 35.5 (11.6) 2013 (A) Camp Fimfo New Braunfels, TX — 5.2 — 1.8 71.2 7.0 71.2 78.2 (4.2) 2019 (C) Candlelight Manor South Daytona, FL — 3.1 3.9 — 2.7 3.1 6.6 9.7 (1.5) 2016 (A) Cape May Crossing Cape May, NJ — 0.3 1.7 — 0.5 0.3 2.2 2.5 (0.5) 2016 (A) Carolina Pines RV Resort Conway, SC — 5.9 — 0.7 104.7 6.6 104.7 111.3 (13.6) 2017 (A&C) Carriage Cove Sanford, FL 15.7 6.1 21.2 — 2.0 6.1 23.2 29.3 (6.6) 2014 (A) Carrington Pointe Fort Wayne, IN 19.8 1.1 3.6 — 24.3 1.1 27.9 29.0 (11.2) 1997 (A&C) Cave Creek Evans, CO 23.1 2.2 15.3 — 9.5 2.2 24.8 27.0 (12.3) 2004 (C) Cedar Haven Holden, ME — 2.5 10.5 — 1.2 2.5 11.7 14.2 (1.0) 2020 (A) Cedar Springs Southington, CT — 2.9 10.3 — 0.5 2.9 10.8 13.7 (1.3) 2019 (A) Central Park MH & RV Resort Haines City, FL — 2.6 10.4 — 4.8 2.6 15.2 17.8 (3.4) 2016 (A) Charlevoix Estates Charlevoix, MI — 0.4 12.0 — 0.5 0.4 12.5 12.9 (0.6) 2021 (A) Cherrywood Clinton, NY — 0.7 9.6 (0.2) (3) 2.7 0.5 12.3 12.8 (1.3) 2019 (A) Chisholm Point Pflugerville, TX 21.9 0.6 5.3 — 6.7 0.6 12.0 12.6 (7.7) 1995 (A&C) Cider Mill Crossings Fenton, MI — 0.5 1.6 — 44.3 0.5 45.9 46.4 (14.7) 2011 (A&C) Cider Mill Village Middleville, MI — 0.3 3.6 — 1.5 0.3 5.1 5.4 (1.8) 2011 (A) Cisco Grove Campground & RV Emigrant Gap, CA — 1.7 4.8 — 4.8 1.7 9.6 11.3 (0.3) 2021 (A) Citrus Hill RV Resort Dade City, FL — 1.2 2.4 — 2.4 1.2 4.8 6.0 (0.9) 2016 (A) Clear Water South Bend, IN 12.2 0.1 1.3 — 5.8 0.1 7.1 7.2 (4.3) 1986 (A) Club Naples Naples, FL — 5.8 5.0 — 3.6 5.8 8.6 14.4 (3.8) 2011 (A) Club Wildwood Hudson, FL 21.2 14.2 21.3 — 3.0 14.2 24.3 38.5 (5.2) 2016 (A) Coastal Estates Hampstead, NC — 3.3 6.5 — 8.0 3.3 14.5 17.8 (1.0) 2019 (A) Cobus Green Osceola, IN — 0.8 7.0 — 8.3 0.8 15.3 16.1 (10.6) 1993 (A) Colony in the Wood Port Orange, FL — 5.7 26.8 — 3.6 5.7 30.4 36.1 (4.5) 2017 (A&C) Comal Farms New Braunfels, TX — 1.4 1.7 0.1 8.9 1.5 10.6 12.1 (5.9) 2000 (A&C) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Country Acres Cadillac, MI — 0.4 3.5 — 2.9 0.4 6.4 6.8 (4.3) 1996 (A) Country Hills Village Hudsonville, MI — 0.3 3.9 (0.1) 0.6 0.2 4.5 4.7 (1.6) 2011 (A) Country Lakes Little River, SC — 1.7 5.5 — 0.4 1.7 5.9 7.6 (0.7) 2019 (A) Country Meadows Flat Rock, MI 42.5 0.9 7.6 0.3 21.0 1.2 28.6 29.8 (19.0) 1994 (A&C) Country Meadows Village Caledonia, MI — 0.5 5.6 0.1 5.4 0.6 11.0 11.6 (3.5) 2011 (A&C) Country Village Estates Oregon City, OR — 22.0 42.6 — 1.1 22.0 43.7 65.7 (5.4) 2019 (A) Countryside Estates Mckean, PA 6.2 0.3 11.6 (0.1) 4.3 0.2 15.9 16.1 (4.2) 2014 (A) Countryside Village of Atlanta Lawrenceville, GA — 1.3 11.0 — 9.8 1.3 20.8 22.1 (9.3) 2004 (A&C) Countryside Village of Gwinnett Buford, GA 26.0 1.1 9.5 — 2.5 1.1 12.0 13.1 (6.3) 2004 (A) Countryside Village of Lake Lanier Buford, GA 25.4 1.9 16.4 — 5.5 1.9 21.9 23.8 (12.5) 2004 (A) Coyote Ranch Resort Wichita Falls, TX — — 12.6 0.5 1.9 0.5 14.5 15.0 (0.7) 2021 (A) Creek Wood Burton, MI 17.5 0.8 2.0 0.4 14.6 1.2 16.6 17.8 (11.3) 1997 (C) Creeks Crossing Kyle, TX — 3.5 — — 21.0 3.5 21.0 24.5 (0.8) 2019 (C) Crestwood Concord, NH — 1.8 22.4 — 0.8 1.8 23.2 25.0 (2.8) 2019 (A) Crossroads Aiken, SC — 0.8 3.7 — 9.7 0.8 13.4 14.2 (2.7) 2019 (A&C) Cutler Estates Grand Rapids, MI 13.2 0.7 6.9 — 4.1 0.7 11.0 11.7 (7.2) 1996 (A) Cypress Greens Lake Alfred, FL 7.0 1.0 17.5 — 2.8 1.0 20.3 21.3 (5.0) 2015 (A) Deep Run Cream Ridge, NJ — 2.0 13.1 — 0.6 2.0 13.7 15.7 (1.7) 2019 (A) Deerwood Orlando, FL 36.1 6.9 37.6 — 4.3 6.9 41.9 48.8 (10.9) 2015 (A) Desert Harbor Apache Junction, AZ 10.5 3.9 14.9 — 0.6 3.9 15.5 19.4 (4.5) 2014 (A) Dutton Mill Village Caledonia, MI — 0.3 9.0 0.1 1.6 0.4 10.6 11.0 (4.0) 2011 (A) Eagle Crest Firestone, CO 30.3 2.0 0.2 — 31.0 2.0 31.2 33.2 (19.7) 1998 (C) East Fork Crossing Batavia, OH — 1.3 6.3 — 17.2 1.3 23.5 24.8 (14.4) 2000 (A&C) East Village Estates Washington Twp., MI — 1.4 25.4 — 6.3 1.4 31.7 33.1 (11.1) 2012 (A) Egelcraft Muskegon, MI 18.1 0.7 22.6 — 3.6 0.7 26.2 26.9 (7.7) 2014 (A) El Capitan Canyon Goleta, CA — 42.1 6.8 — 5.2 42.1 12.0 54.1 (1.3) 2020 (A) Ellenton Gardens RV Resort Ellenton, FL 4.4 2.1 7.8 (0.1) 3.4 2.0 11.2 13.2 (2.7) 2016 (A) Fairfield Village Ocala, FL — 1.2 18.7 — 1.3 1.2 20.0 21.2 (5.1) 2015 (A) Farmwood Village Dover, NH — 1.2 12.3 — 0.7 1.2 13.0 14.2 (1.5) 2019 (A) Fisherman's Cove Flint Twp., MI — 0.4 3.4 — 4.8 0.4 8.2 8.6 (5.9) 1993 (A) Flamingo Lake RV Resort Jacksonville, FL — 4.5 31.9 0.1 2.0 4.6 33.9 38.5 (3.2) 2020 (A) Fond du Lac East / Kettle Moraine KOA Glenbeulah, WI — 1.0 5.6 0.1 3.3 1.1 8.9 10.0 (3.2) 2013 (A) Forest Hill Southington, CT — 5.1 10.8 — 1.5 5.1 12.3 17.4 (1.5) 2019 (A) Forest Meadows Philomath, OR — 1.0 2.1 — 6.7 1.0 8.8 9.8 (1.9) 1999 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Forest Springs Grass Valley, CA — 9.3 43.7 — 2.4 9.3 46.1 55.4 (4.1) 2020 (A) Forest View Homosassa, FL — 1.3 22.1 — 1.1 1.3 23.2 24.5 (6.0) 2015 (A) Fort Dupont (5) Delaware City, DE — 1.9 — 0.8 — 2.7 — 2.7 — 2021 (C) Four Seasons Elkhart, IN 11.2 0.5 4.8 (0.1) 3.2 0.4 8.0 8.4 (4.8) 2000 (A) Frenchtown Villa / Elizabeth Woods Newport, MI 27.5 1.4 52.3 0.1 35.8 1.5 88.1 89.6 (26.6) 2014 (A&C) Friendly Village of La Habra La Habra, CA 45.9 27.0 25.2 — 1.8 27.0 27.0 54.0 (6.2) 2016 (A) Friendly Village of Modesto Modesto, CA 22.8 6.3 20.9 — 1.6 6.3 22.5 28.8 (5.0) 2016 (A) Friendly Village of Simi Simi Valley, CA 23.1 14.9 16.0 — 1.1 14.9 17.1 32.0 (3.9) 2016 (A) Friendly Village of West Covina West Covina, CA 17.0 14.5 5.2 — 1.1 14.5 6.3 20.8 (1.5) 2016 (A) Glen Ellis Family Campground Glen, NH 13.3 0.4 5.8 — 18.4 0.4 24.2 24.6 (2.6) 2019 (A) Glen Haven RV Resort Zephyrhills, FL 5.0 2.0 8.4 (0.1) 2.3 1.9 10.7 12.6 (2.4) 2016 (A) Glen Laurel Concord, NC — 1.6 0.5 — 9.9 1.6 10.4 12.0 (6.4) 2001 (A&C) Goldcoaster Homestead, FL — 0.4 4.2 0.2 6.0 0.6 10.2 10.8 (6.2) 1997 (A) Grand Bay Dunedin, FL — 3.5 6.3 — 1.8 3.5 8.1 11.6 (1.7) 2016 (A) Grand Lake RV & Golf Resort Citra, FL — 5.3 4.5 0.1 6.8 5.4 11.3 16.7 (3.9) 2012 (A) Grand Village Grand Rapids, MI 8.9 0.4 3.6 — 3.5 0.4 7.1 7.5 (4.3) 1996 (A) Grove Beach Westbrook, CT — 1.2 10.2 — 0.3 1.2 10.5 11.7 (1.3) 2019 (A) Grove Ridge RV Resort Dade City, FL 3.1 1.3 5.4 — 2.6 1.3 8.0 9.3 (1.8) 2016 (A) Groves RV Resort (9) Ft. Myers, FL 16.1 0.2 2.4 — (2.4) (9) 0.2 — 0.2 — 1997 (A) Gulfstream Harbor Orlando, FL — 14.5 78.9 — 5.6 14.5 84.5 99.0 (21.5) 2015 (A) Hacienda Del Rio Edgewater, FL — 33.3 80.3 — 12.4 33.3 92.7 126.0 (10.4) 2019 (A) Hamlin Webberville, MI 10.0 0.1 1.7 0.6 13.1 0.7 14.8 15.5 (8.9) 1984 (A&C) Hancock Heights Estates Hancock, ME — 0.7 9.4 — — 0.7 9.4 10.1 (0.9) 2020 (A) Hannah Village Lebanon, NH — 0.3 4.7 0.1 0.3 0.4 5.0 5.4 (0.6) 2019 (A) Hemlocks Tilton, NH — 1.0 7.2 — 0.5 1.0 7.7 8.7 (0.9) 2019 (A) Heritage Temecula, CA 18.2 13.2 7.9 — 1.2 13.2 9.1 22.3 (2.1) 2016 (A) Hickory Hills Village Battle Creek, MI — 0.8 7.7 — 2.4 0.8 10.1 10.9 (3.7) 2011 (A) Hidden River RV Resort Riverview, FL — 4.0 6.4 — 10.0 4.0 16.4 20.4 (2.5) 2016 (A) High Point Park Frederica, DE — 0.9 7.0 — 7.1 0.9 14.1 15.0 (7.0) 1997 (A) Highland Greens Estates Highland, MI — 3.1 38.0 — 20.0 3.1 58.0 61.1 (5.3) 2020 (A) Hillcrest Uncasville, CT — 10.6 9.6 — 1.5 10.6 11.1 21.7 (1.4) 2019 (A) Holiday Park Estates Bangor, ME 8.8 1.1 13.9 — 1.5 1.1 15.4 16.5 (1.3) 2020 (A) Holiday West Village Holland, MI 13.1 0.3 8.1 — 0.7 0.3 8.8 9.1 (3.2) 2011 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Holly Forest Holly Hill, FL 23.3 0.9 8.4 — 1.6 0.9 10.0 10.9 (7.6) 1997 (A) Holly Village / Hawaiian Gardens Holly, MI 18.5 1.5 13.6 — 9.4 1.5 23.0 24.5 (11.2) 2004 (A) Homosassa River RV Resort Homosassa Springs, FL — 1.5 5.0 — 3.6 1.5 8.6 10.1 (1.9) 2016 (A) Horseshoe Cove RV Resort Bradenton, FL 18.6 9.5 32.6 — 6.2 9.5 38.8 48.3 (8.5) 2016 (A) Hospitality Creek Campground Williamstown, NJ — — 15.6 0.8 0.6 0.8 16.2 17.0 (0.8) 2021 (A) Hunters Crossing Capac, MI — 0.4 1.1 (0.1) 1.2 0.3 2.3 2.6 (0.7) 2012 (A) Hunters Glen Wayland, MI — 1.1 11.9 0.3 16.1 1.4 28.0 29.4 (13.0) 2004 (C) Huntington Run Kalamazoo, MI — 0.6 11.7 — 0.7 0.6 12.4 13.0 (0.6) 2021 (A) Hyde Park Easton, MD — 6.6 18.3 — 1.2 6.6 19.5 26.1 (2.2) 2019 (A) Indian Creek Park (9) Ft. Myers Beach, FL 57.5 3.8 34.7 — (34.7) (9) 3.8 — 3.8 — 1996 (A) Indian Wells RV Resort Indio, CA — 2.9 19.5 — 7.0 2.9 26.5 29.4 (5.6) 2016 (A) Island Lakes Merritt Island, FL 10.7 0.7 6.4 — 1.4 0.7 7.8 8.5 (6.1) 1995 (A) Jellystone Park™ Androscoggin Lake (8) North Monmouth, ME 3.4 0.5 4.1 — 4.6 0.5 8.7 9.2 (0.4) 2021 (A) Jellystone Park™ at Barton Lake Fremont, IN — — — 4.7 26.0 4.7 26.0 30.7 (2.3) 2020 (A) Jellystone Park™ at Birchwood Acres MH & RV Resort Greenfield Park, NY — 0.5 5.5 0.1 10.3 0.6 15.8 16.4 (5.7) 2013 (A) Jellystone Park™ of Chicago Millbrook, IL — 0.5 4.3 — 1.1 0.5 5.4 5.9 (0.3) 2021 (A) Jellystone Park™ Chincoteague Island (8) Chincoteague, VA — 5.7 13.8 — 15.9 5.7 29.7 35.4 (2.8) 2019 (A) Jellystone Park™ at Gardiner Gardiner, NY — 0.9 28.4 — 16.8 0.9 45.2 46.1 (7.7) 2018 (A) Jellystone Park™ at Golden Valley Bostic, NC — 4.8 4.3 — 58.2 4.8 62.5 67.3 (8.3) 2018 (A&C) Jellystone Park™ at Guadalupe River Kerrville, TX — 2.5 23.9 — 11.9 2.5 35.8 38.3 (6.5) 2018 (A) Jellystone Park™ at Hill Country Canyon Lake, TX — 2.0 20.7 — 6.4 2.0 27.1 29.1 (4.5) 2018 (A) Jellystone Park™ at Larkspur Larkspur, CO — 1.9 5.5 0.4 103.8 2.3 109.3 111.6 (13.3) 2016 (A&C) Jellystone Park™ at Luray East Luray, VA — 3.2 29.6 — 8.3 3.2 37.9 41.1 (6.6) 2018 (A) Jellystone Park™ at Mammoth Cave Cave City, KY — — 32.5 2.2 (0.9) 2.2 31.6 33.8 (2.0) 2021 (A) Jellystone Park™ at Maryland Williamsport, MD — 2.1 23.7 — 10.1 2.1 33.8 35.9 (5.7) 2018 (A) Jellystone Park™ at Memphis Horn Lake, MS 2.4 0.9 6.8 — 1.7 0.9 8.5 9.4 (1.4) 2018 (A) Jellystone Park™ at Natural Bridge Natural Bridge Station, VA — 0.9 11.7 — 4.1 0.9 15.8 16.7 (1.5) 2020 (A) Jellystone Park™ Petoskey (8) Petoskey, MI — 0.2 8.7 0.7 9.6 0.9 18.3 19.2 (2.3) 2018 (A) Jellystone Park™ at Quarryville Quarryville, PA — 3.9 33.8 — 8.7 3.9 42.5 46.4 (7.4) 2018 (A) Jellystone Park™ at Tower Park (2) Lodi, CA — 2.6 29.8 — 34.0 2.6 63.8 66.4 (8.8) 2018 (A) Jellystone Park™ of Western New York North Java, NY — 0.9 8.9 — 8.0 0.9 16.9 17.8 (6.6) 2013 (A) Jellystone Park™ at Whispering Pines Tyler, TX — — 13.8 1.7 2.6 1.7 16.4 18.1 (0.7) 2021 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Jellystone Lincoln Delaware City, DE — — 17.0 — 0.4 — 17.4 17.4 — 2022 (A) Jetstream RV Resort at NASA Houston, TX — 3.0 14.5 — 0.3 3.0 14.8 17.8 (0.8) 2021 (A) Kensington Meadows Lansing, MI 17.7 0.3 2.7 — 10.4 0.3 13.1 13.4 (8.5) 1995 (A&C) Kimberly Estates Newport, MI — 1.3 6.2 — 13.7 1.3 19.9 21.2 (6.0) 2016 (A) King's Court Traverse City, MI 65.0 1.5 13.8 0.2 20.1 1.7 33.9 35.6 (17.9) 1996 (A&C) King's Lake DeBary, FL 8.2 0.3 2.5 — 3.4 0.3 5.9 6.2 (4.2) 1994 (A) Kings Manor Lakeland, FL — 2.3 5.6 — 5.6 2.3 11.2 13.5 (3.1) 2016 (A) Kings Pointe Lake Alfred, FL — 0.5 16.7 — 0.8 0.5 17.5 18.0 (4.4) 2015 (A) Kissimmee Gardens Kissimmee, FL — 3.3 14.4 — 1.9 3.3 16.3 19.6 (3.7) 2016 (A) Kissimmee South MH & RV Resort Davenport, FL — 3.7 6.8 — 6.4 3.7 13.2 16.9 (2.7) 2016 (A) Kittatinny Campground & RV Resort Barryville, NY — — — 3.1 18.5 3.1 18.5 21.6 (1.3) 2020 (A) Knollwood Estates Allendale, MI 9.2 0.4 4.1 — 3.0 0.4 7.1 7.5 (3.9) 2001 (A) La Casa Blanca Apache Junction, AZ — 4.4 14.1 — 0.8 4.4 14.9 19.3 (4.4) 2014 (A) La Costa Village Port Orange, FL 48.2 3.6 62.3 — 2.6 3.6 64.9 68.5 (16.7) 2015 (A) Lafayette Place Warren, MI 13.2 0.7 6.0 — 7.1 0.7 13.1 13.8 (8.3) 1998 (A) Lake Josephine RV Resort Sebring, FL — 0.5 2.8 — 3.1 0.5 5.9 6.4 (0.9) 2016 (A) Lake Juliana Landings Auburndale, FL — 0.3 3.0 — 2.2 0.3 5.2 5.5 (3.8) 1994 (A) Lake Pointe Village Mulberry, FL 17.2 0.5 29.8 — 0.8 0.5 30.6 31.1 (7.7) 2015 (A) Lake San Marino RV Park Naples, FL 23.0 0.7 5.7 — 6.5 0.7 12.2 12.9 (7.1) 1996 (A) Lakefront Lakeside, CA 34.5 21.6 17.4 — 1.4 21.6 18.8 40.4 (4.3) 2016 (A) Lakeland RV Resort Lakeland, FL — 1.7 5.5 — 3.8 1.7 9.3 11.0 (1.9) 2016 (A) Lakeshore Landings Orlando, FL 12.2 2.6 19.5 — 1.9 2.6 21.4 24.0 (6.2) 2014 (A) Lakeshore Villas Tampa, FL — 3.1 19.0 — 1.7 3.1 20.7 23.8 (5.2) 2015 (A) Lakeside Terryville, CT — 1.3 3.4 — 0.2 1.3 3.6 4.9 (0.4) 2019 (A) Lakeside Crossing Conway, SC 11.8 3.5 31.6 — 20.5 3.5 52.1 55.6 (10.6) 2015 (A&C) Lakeview Ypsilanti, MI — 1.2 10.9 — 8.6 1.2 19.5 20.7 (10.3) 2004 (A) Lakeview CT Danbury, CT — 2.5 8.9 — 1.5 2.5 10.4 12.9 (1.2) 2019 (A) Lakeview Mobile Estates Yucaipa, CA — — — 4.1 21.6 4.1 21.6 25.7 (1.8) 2020 (A) Lamplighter Port Orange, FL — 1.3 12.8 — 1.1 1.3 13.9 15.2 (3.5) 2015 (A) Lantana Ranch South (5) Brookshire, TX — 14.4 — — 0.6 14.4 0.6 15.0 — 2022 (A) Laurel Heights Uncasville, CT — 1.7 0.7 — 0.2 1.7 0.9 2.6 (0.1) 2019 (A) Lazy J Ranch Arcata, CA — 7.1 6.8 — 0.8 7.1 7.6 14.7 (1.4) 2017 (A) Leaf Verde RV Resort Buckeye, AZ — 3.4 8.4 — 1.3 3.4 9.7 13.1 (1.6) 2018 (A) Leisure Village Belmont, MI — 0.4 8.2 0.1 2.8 0.5 11.0 11.5 (3.7) 2011 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Lemon Wood Ventura, CA 23.9 19.5 6.9 — 1.4 19.5 8.3 27.8 (1.9) 2016 (A) Liberty Farm Valparaiso, IN — 0.1 1.2 0.1 5.2 0.2 6.4 6.6 (3.6) 1985 (A&C) Lincoln Estates Holland, MI — 0.5 4.2 — 1.7 0.5 5.9 6.4 (4.1) 1996 (A) Lone Star Jellystone Park Waller, TX — 1.8 19.4 — 12.3 1.8 31.7 33.5 (2.7) 2020 (A) Lost Dutchman Apache Junction, AZ 3.6 — — 4.1 15.2 4.1 15.2 19.3 (4.1) 2014 (A) Majestic Oaks RV Resort Zephyrhills, FL 4.2 3.9 4.7 0.1 2.4 4.0 7.1 11.1 (1.8) 2016 (A) Maple Brook Matteson, IL 39.5 8.5 48.8 — 0.8 8.5 49.6 58.1 (14.3) 2014 (A) Maplewood Manor Brunswick, ME 7.4 1.8 13.0 — 1.7 1.8 14.7 16.5 (4.1) 2014 (A) Marco Naples RV Resort Naples, FL — 2.8 10.5 — 5.7 2.8 16.2 19.0 (3.3) 2016 (A) Marina Cove Uncasville, CT — 0.3 0.4 — 0.3 0.3 0.7 1.0 (0.1) 2019 (A) Meadow Lake Estates White Lake, MI — 1.2 11.5 0.1 7.4 1.3 18.9 20.2 (14.6) 1994 (A) Meadowbrook Charlotte, NC — 1.3 6.6 — 10.7 1.3 17.3 18.6 (10.6) 2000 (A&C) Meadowbrook Estates Monroe, MI — 0.4 3.3 0.4 18.0 0.8 21.3 22.1 (13.5) 1986 (A) Meadowbrook Village Tampa, FL 10.9 0.5 4.7 — 1.4 0.5 6.1 6.6 (5.1) 1994 (A) Meadowlands of Gibraltar Gibraltar, MI 17.6 0.6 7.7 — 2.9 0.6 10.6 11.2 (2.9) 2015 (A) Meadowstone Hastings, MI — 0.7 20.3 — 0.5 0.7 20.8 21.5 (1.1) 2021 (A) Menifee Development (5) Menifee, CA — 2.3 — — 10.1 2.3 10.1 12.4 — 2020 (C) Merrymeeting Brunswick, ME — 0.3 1.0 — 0.8 0.3 1.8 2.1 (0.5) 2014 (A) Mi-Te-Jo Campground Milton, NH — 1.4 7.6 — 13.0 1.4 20.6 22.0 (2.9) 2018 (A) Mill Creek MH & RV Resort Kissimmee, FL — 1.4 4.8 — 5.9 1.4 10.7 12.1 (2.3) 2016 (A) Millwood Uncasville, CT — 2.4 — — 2.6 2.4 2.6 5.0 (0.1) 2019 (A&C) Moreno 66 Development (5) Moreno Valley, CA — 5.0 — — 4.5 5.0 4.5 9.5 — 2021 (C) Mountain View Mesa, AZ — 5.5 12.3 — 0.8 5.5 13.1 18.6 (3.8) 2014 (A) Napa Valley Napa, CA 27.5 17.7 11.7 — 1.1 17.7 12.8 30.5 (3.0) 2016 (A) Naples RV Resort Naples, FL 6.6 3.6 2.0 — 3.2 3.6 5.2 8.8 (1.7) 2011 (A) New England Village Westbrook, CT — 4.2 1.4 — 0.1 4.2 1.5 5.7 (0.2) 2019 (A) North Lake Estates Moore Haven, FL — 4.2 3.5 — 2.1 4.2 5.6 9.8 (2.3) 2011 (A) North Point Estates Pueblo, CO — 1.6 3.0 — 4.2 1.6 7.2 8.8 (4.2) 2001 (C) Northville Crossing Northville, MI — 1.2 29.5 — 5.5 1.2 35.0 36.2 (12.9) 2012 (A) Norway Commons Norway, ME — — 15.9 — — — 15.9 15.9 — 2022 (A) Oak Creek Coarsegold, CA — 4.8 11.2 — 2.7 4.8 13.9 18.7 (4.0) 2014 (A) Oak Crest Austin, TX 20.4 4.3 12.6 4.4 26.6 8.7 39.2 47.9 (13.1) 2002 (C) Oak Grove Plainville, CT — 1.0 1.7 — — 1.0 1.7 2.7 (0.2) 2019 (A) Oak Island Village East Lansing, MI 16.4 0.3 6.8 — 3.5 0.3 10.3 10.6 (4.0) 2011 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Oak Ridge Manteno, IL 28.4 1.1 36.9 — 5.6 1.1 42.5 43.6 (12.4) 2014 (A) Oakview Estates Arcadia, FL — 0.9 3.9 — 1.5 0.9 5.4 6.3 (1.2) 2016 (A) Oakwood Village Miamisburg, OH 31.5 2.0 6.4 — 14.0 2.0 20.4 22.4 (13.0) 1998 (A&C) Ocean Breeze Jensen Beach MH & RV Resort Jensen Beach, FL — 19.0 13.9 — 35.0 19.0 48.9 67.9 (9.1) 2016 (A&C) Ocean Breeze MH & RV Resort (6) Marathon, FL — 2.3 1.8 — 6.2 2.3 8.0 10.3 (0.8) 2016 (A) Ocean Pines Garden City, SC — 7.6 35.3 — 1.7 7.6 37.0 44.6 (5.5) 2019 (A) Ocean View (8) Jensen Beach, FL — 4.6 — 0.2 9.3 4.8 9.3 14.1 (0.3) 2020 (A) Ocean West McKinleyville, CA 4.4 5.0 4.4 0.4 1.2 5.4 5.6 11.0 (0.9) 2017 (A) Orange City MH & RV Resort Orange City, FL 11.2 0.9 5.5 — 6.9 0.9 12.4 13.3 (3.6) 2011 (A) Orange Tree Village Orange City, FL 9.4 0.3 2.5 — 1.5 0.3 4.0 4.3 (3.2) 1994 (A) Orchard Lake Milford, OH — 0.4 4.0 — 3.6 0.4 7.6 8.0 (4.1) 1999 (A) Paddock Park South Ocala, FL — 0.6 6.6 — 2.2 0.6 8.8 9.4 (1.9) 2016 (A) Palm Creek Golf & RV Resort Casa Grande, AZ 90.8 11.8 76.1 — 28.0 11.8 104.1 115.9 (39.7) 2012 (A&C) Palm Key Village Davenport, FL 15.0 3.8 15.7 — 0.6 3.8 16.3 20.1 (4.2) 2015 (A) Palm Village Bradenton, FL — 3.0 2.8 — 1.9 3.0 4.7 7.7 (1.0) 2016 (A) Palos Verdes Shores MH & Golf Community (2) San Pedro, CA 34.4 — 21.8 — 6.0 — 27.8 27.8 (5.5) 2016 (A) Park Place Sebastian, FL — 1.4 48.7 0.1 4.4 1.5 53.1 54.6 (13.1) 2015 (A) Park Royale Pinellas Park, FL 14.4 0.7 29.0 — 1.0 0.7 30.0 30.7 (7.6) 2015 (A) Parkside Village Cheektowaga, NY — 0.6 10.4 — 0.4 0.6 10.8 11.4 (3.1) 2014 (A) Pearwood RV Resort Pearland, TX — — 10.3 1.2 (0.7) 1.2 9.6 10.8 (0.5) 2021 (A) Pebble Creek Greenwood, IN — 1.0 5.1 — 11.0 1.0 16.1 17.1 (8.5) 2000 (A&C) Pecan Branch Georgetown, TX — 1.4 — 0.2 20.5 1.6 20.5 22.1 (6.1) 1999 (C) Pecan Park RV Resort Jacksonville, FL — 2.0 5.0 1.4 12.8 3.4 17.8 21.2 (2.8) 2016 (A&C) Pelican Bay Micco, FL 6.0 0.5 10.5 — 1.7 0.5 12.2 12.7 (3.2) 2015 (A) Pembroke Downs Chino, CA 13.1 9.6 7.3 — 1.0 9.6 8.3 17.9 (1.8) 2016 (A) Pheasant Ridge Lancaster, PA 41.3 2.0 19.3 — 1.4 2.0 20.7 22.7 (13.3) 2002 (A) Pine Acre Trails Conroe, TX — 15.6 16.7 — 3.1 15.6 19.8 35.4 (0.3) 2022 (A) Pine Hills Middlebury, IN — 0.1 0.5 — 4.2 0.1 4.7 4.8 (2.7) 1980 (A) Pine Ridge Prince George, VA 11.0 0.4 2.4 — 24.5 0.4 26.9 27.3 (9.4) 1986 (A&C) Pine Trace Houston, TX — 2.9 17.2 (0.2) (3) 13.9 2.7 31.1 33.8 (16.6) 2004 (A&C) Pinebrook Village Kentwood, MI — 0.1 5.7 — 1.7 0.1 7.4 7.5 (2.8) 2011 (A) Pineview Estates Flint, MI — 1.9 57.4 — 27.8 1.9 85.2 87.1 (4.5) 2021 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Pismo Dunes RV Resort Pismo Beach, CA 18.7 11.1 10.2 — 1.5 11.1 11.7 22.8 (2.3) 2017 (A) Pleasant Beach Campground Sherkston, ON — 1.6 0.6 (0.4) (1) — 1.2 0.6 1.8 — 2021 (A) Pleasant Lake RV Resort Bradenton, FL 11.8 5.2 20.4 — 4.6 5.2 25.0 30.2 (5.7) 2016 (A) Presidential Estates Hudsonville, MI 23.0 0.7 6.3 — 5.5 0.7 11.8 12.5 (7.4) 1996 (A) Rainbow MH & RV Resort Frostproof, FL — 1.9 5.7 — 4.9 1.9 10.6 12.5 (3.9) 2012 (A) Rainbow Village of Largo Largo, FL 8.5 4.4 12.5 — 4.0 4.4 16.5 20.9 (4.0) 2016 (A) Rainbow Village of Zephyrhills Zephyrhills, FL 8.7 1.8 9.9 — 2.7 1.8 12.6 14.4 (2.8) 2016 (A) Rancho Alipaz (2) San Juan Capistrano, CA 12.2 — 2.9 16.2 0.9 16.2 3.8 20.0 (0.8) 2016 (A) Rancho Caballero Riverside, CA 21.9 16.6 12.4 — 1.5 16.6 13.9 30.5 (3.0) 2016 (A) Rancho Mirage Apache Junction, AZ — 7.5 22.2 — 1.1 7.5 23.3 30.8 (6.7) 2014 (A) Red Oaks MH & RV Resort (2) Bushnell, FL — 5.2 20.5 — 7.7 5.2 28.2 33.4 (6.4) 2016 (A) Regency Heights Clearwater, FL 26.0 11.3 15.7 — 3.7 11.3 19.4 30.7 (4.0) 2016 (A) Reserve at Fox Creek Bullhead City, AZ 15.0 2.0 20.1 — 1.1 2.0 21.2 23.2 (6.1) 2014 (A) Richmond Place Richmond, MI 6.4 0.5 2.0 — 3.7 0.5 5.7 6.2 (3.3) 1998 (A) River Beach Campsites & RV Milford, PA — — — 0.3 4.5 0.3 4.5 4.8 (0.5) 2020 (A) River Haven Village Grand Haven, MI — 1.8 16.9 — 18.3 1.8 35.2 37.0 (18.4) 2001 (A) River Pines Nashua, NH — 2.7 37.8 — 0.9 2.7 38.7 41.4 (4.7) 2019 (A) River Ranch Austin, TX — 4.7 0.8 0.2 38.9 4.9 39.7 44.6 (14.2) 2000 (A&C) River Ridge Saline, MI — 1.0 26.9 — 0.7 1.0 27.6 28.6 (1.4) 2021 (A) River Ridge Estates Austin, TX 39.5 3.2 15.1 — 6.4 3.2 21.5 24.7 (12.7) 2002 (C) Riverside Club Ruskin, FL 37.5 1.6 66.2 — 14.7 1.6 80.9 82.5 (18.9) 2015 (A) Riverside Drive Park Augusta, ME — 1.2 12.1 — 1.2 1.2 13.3 14.5 (1.1) 2020 (A) Rock Crusher Canyon RV Resort Crystal River, FL — 0.4 5.5 0.2 6.5 0.6 12.0 12.6 (3.0) 2015 (A) Rolling Hills Storrs, CT — 4.0 3.7 — 4.5 4.0 8.2 12.2 (0.6) 2019 (A) Roxbury Park Goshen, IN — 1.1 9.9 — 7.5 1.1 17.4 18.5 (9.0) 2001 (A) Royal Country Miami, FL 58.5 2.3 20.8 — 3.6 2.3 24.4 26.7 (21.3) 1994 (A) Royal Palm Village Haines City, FL 10.6 1.7 27.4 — 4.7 1.7 32.1 33.8 (8.0) 2015 (A) Royal Palms MH & RV Resort (2) Cathedral City, CA — — 21.6 — 2.7 — 24.3 24.3 (5.2) 2016 (A) Rudgate Clinton Clinton Township, MI — 1.1 23.7 — 11.1 1.1 34.8 35.9 (12.3) 2012 (A) Rudgate Manor Sterling Heights, MI — 1.4 31.1 — 15.1 1.4 46.2 47.6 (16.6) 2012 (A) Saddle Oak Club Ocala, FL 18.8 0.7 6.7 — 2.0 0.7 8.7 9.4 (7.2) 1995 (A) Saddlebrook San Marcos, TX — 1.7 11.8 — 25.1 1.7 36.9 38.6 (16.1) 2002 (C) Sandy Lake MH & RV Resort Carrollton, TX — 0.7 17.8 — 2.0 0.7 19.8 20.5 (4.4) 2016 (A) Saralake Estates Sarasota, FL — 6.5 11.4 — 1.4 6.5 12.8 19.3 (2.9) 2016 (A) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Savanna Club Port St. Lucie, FL 63.2 12.8 79.9 — 0.8 12.8 80.7 93.5 (20.7) 2015 (A&C) Scio Farms Ann Arbor, MI 52.9 2.3 22.7 — 15.9 2.3 38.6 40.9 (26.6) 1995 (A&C) Sea Air Village Rehoboth Beach, DE — 1.2 10.2 0.4 3.3 1.6 13.5 15.1 (8.2) 1997 (A) Serendipity North Fort Myers, FL — 1.2 23.5 — 3.6 1.2 27.1 28.3 (6.8) 2015 (A) Settler's Rest RV Resort Zephyrhills, FL — 1.8 7.7 — 2.3 1.8 10.0 11.8 (2.2) 2016 (A) Shadow Wood Village Hudson, FL — 4.5 3.9 0.8 12.5 5.3 16.4 21.7 (2.2) 2016 (A) Shady Pines MH & RV Resort Galloway Township, NJ — 1.1 3.8 — 1.5 1.1 5.3 6.4 (1.2) 2016 (A) Shady Road Villas Ocala, FL — 0.5 2.8 — 4.7 0.5 7.5 8.0 (1.5) 2016 (A) Sheffield Estates Auburn Hills, MI — 0.8 7.2 — 3.1 0.8 10.3 11.1 (5.4) 2006 (A) Shelby Forest Shelby Twp., MI — 4.0 42.4 — 0.1 4.0 42.5 46.5 (5.4) 2019 (A) Shelby West Shelby Twp., MI — 5.7 38.9 — 0.8 5.7 39.7 45.4 (5.0) 2019 (A) Shell Creek RV Resort & Marina Punta Gorda, FL 6.0 2.2 9.7 — 3.6 2.2 13.3 15.5 (2.9) 2016 (A) Siesta Bay RV Park (9) Ft. Myers, FL 65.0 2.1 18.5 — (18.5) (9) 2.1 — 2.1 — 1996 (A) Silver Springs Clinton Township, MI — 0.9 16.6 — 2.4 0.9 19.0 19.9 (7.2) 2012 (A) Sky Harbor Cheektowaga, NY — 2.3 24.3 — 7.4 2.3 31.7 34.0 (8.6) 2014 (A) Skyline Fort Collins, CO 9.3 2.3 12.1 — 1.2 2.3 13.3 15.6 (3.8) 2014 (A) Smith Creek Crossing Granby, CO — 1.4 — — 47.7 1.4 47.7 49.1 (3.3) 2018 (C) Southern Charm MH & RV Resort Zephyrhills, FL 11.0 4.9 17.4 — 3.4 4.9 20.8 25.7 (4.9) 2016 (A) Southern Hills / Northridge Place Stewartville, MN 7.1 0.4 12.7 — 11.9 0.4 24.6 25.0 (7.3) 2014 (A&C) Southern Leisure RV Resort Chiefland, FL — 3.1 14.8 — 2.5 3.1 17.3 20.4 (0.9) 2021 (A) Southern Palms Ladson, SC — 2.4 9.4 — 0.5 2.4 9.9 12.3 (4.3) 2019 (A) Southport Springs Golf & Country Club Zephyrhills, FL 32.6 15.1 17.2 — 4.5 15.1 21.7 36.8 (5.5) 2015 (A&C) Southside Landing Cambridge, MD — 1.0 2.5 — 1.7 1.0 4.2 5.2 (0.5) 2019 (A) Southwood Village Grand Rapids, MI — 0.3 11.5 — 2.4 0.3 13.9 14.2 (4.8) 2011 (A) Spanish Main MH & RV Resort Thonotosassa, FL — 2.4 8.1 — 6.2 2.4 14.3 16.7 (2.9) 2016 (A) Spanish Trails West Casa Grande, AZ — 6.6 15.3 — 0.3 6.6 15.6 22.2 (0.3) 2022 (A) St. Clair Place St. Clair, MI — 0.5 2.0 — 2.5 0.5 4.5 5.0 (2.6) 1998 (A) Stonebridge (MI) (5) Richfield Twp., MI — 2.0 — 0.3 2.2 2.3 2.2 4.5 (0.4) 1998 (C) Stonebridge (TX) San Antonio, TX — 2.5 2.1 (0.6) (3) 6.6 1.9 8.7 10.6 (5.2) 2000 (A&C) Stonebrook Homosassa, FL — 0.7 14.1 — 1.0 0.7 15.1 15.8 (3.8) 2015 (A) Stoneridge Villas (5) Gardnerville, NV — 5.3 — — 0.3 5.3 0.3 5.6 — 2022 (A) Strafford / Lake Winnipesaukee South KOA Strafford, NH — — — 0.3 8.6 0.3 8.6 8.9 (0.7) 2019 (A) Summit Ridge Converse, TX — 2.6 2.1 (0.9) (3) 18.2 1.7 20.3 22.0 (10.5) 2000 (A&C) Initial Cost to Company Costs Capitalized Subsequent to Acquisition (Improvements) Gross Amount Carried at December 31, 2022 Property Name Location Encumbrances (4) Land Depreciable Assets Land Depreciable Assets Land Depreciable Assets Total Accumulated Depreciation Date Acquired (A) or Constructed (C) Sun Outdoors Arches Gateway (8) Moab, UT — 3.7 8.7 — 2.8 3.7 11.5 15.2 (1.9) 2018 (A) Sun Outdoors Association Island Henderson, NY — 1.7 14.7 — 4.6 1.7 19.3 21.0 (1.0) 2021 (A) Sun Outdoors Bend (8) Bend, OR — 4.0 13.3 — 0.7 4.0 14.0 18.0 (1.3) 2020 (A) Sun Outdoors Canyonlands Gateway (8) Moab, UT — 6.3 8.4 — 0.8 6.3 9.2 15.5 (1.5) 2018 (A) Sun Outdoors Cape Charles Cape Charles, VA — 19.1 38.7 — 4.9 19.1 43.6 62.7 (2.5) 2021 (A) Sun Outdoors Cape May (8) Cape May, NJ — — 27.5 2.2 (1.6) 2.2 25.9 28.1 (1.5) 2021 (A) Sun Outdoors Central Coast Wine Country (8) Paso Robles, CA — 1.7 11.5 — 4.4 1.7 15.9 17.6 (5.2) 2014 (A&C) Sun Outdoors Chesapeake Bay (2)(8) Temperanceville, VA — 2.3 8.8 — 2.4 2.3 11.2 13.5 (0.5) 2021 (A) Sun Outdoors Coos Bay (8) Coos Bay, OR — 2.7 3.2 — 2.1 2.7 5.3 8.0 (0.9) 2018 (A) Sun Outdoors Chincoteague Bay (5) Chincoteague, VA — 7.5 — — 1.9 7.5 1.9 9.4 — 2021 (C) Sun Outdoors Frontier Town Berlin, MD — 19.0 43.2 — 38.5 19.0 81.7 100.7 (18.8) 2015 (A) Sun Outdoors Garden City Utah (8) Garden City, UT — 2.1 7.9 — 1.5 2.1 9.4 11.5 (0.5) 2021 (A) Sun Outdoors Gig Harbor (8) Gig Harbor, WA — 3.4 11.9 — 0.5 3.4 12.4 15.8 (1.1) 2020 (A) Sun Outdoors Islamorada (6) Islamorada, FL — 10.5 7.0 2.3 20.0 12.8 27.0 39.8 (0.1) 2016 (A) Sun Outdoors Kensington Valley (8) New Hudson, MI — — 20.1 2.9 (0.7) 2.9 19.4 22.3 (1.0) 2021 (A) Sun Outdoors Key Largo Key Largo, FL — 2.4 1.0 — 2.5 2.4 3.5 5.9 (0.8) 2016 (A) Sun Outdoors Lake Rudolph Santa Claus, IN — 2.3 28.1 — 12.9 2.3 41.0 43.3 (16.1) 2014 (A&C) Sun Outdoors Lake Travis Austin, TX — 3.7 22.2 — 1.4 3.7 23.6 27.3 (7.0) 2015 (A) Sun Outdoors Marathon Marathon, FL — 4.8 4.7 — 4.7 4.8 9.4 14.2 (1.9) 2016 (A) Sun Outdoors Moab Downtown (8) Moab, UT — 3.7 7.4 — 0.8 3.7 8.2 11.9 (1.5) 2018 (A) Sun Outdoors Mystic Old Mystic, CT — 0.1 0.3 — 2.6 0.1 2.9 3.0 (1.5) 2013 (A) Sun Outdoors North Moab (8) Moab, UT — — — 3.2 12.0 3.2 12.0 15.2 (1.1) 2019 (A) Sun Outdoors New Orleans North Shore (8) Ponchatoula, LA — 7.7 16.1 — 11.2 7.7 27.3 35.0 (3.1) 2019 (A) Sun Outdoors Ocean City Berlin, MD — 14.3 22.3 — 8.2 14.3 30.5 44.8 (9.9) 2014 (A&C) Sun Outdoors Ocean City Gateway Whaleyville, MD — 0.5 5.2 — 18.4 0.5 23.6 24.1 (4.3) 2015 (A) Sun Outdoors Old Orchard Beach Downtown Old Orchard Beach, ME — 2.0 10.0 — 2.1 2.0 12.1 14.1 (1.6) 2019 (A) Sun Outdoors Orange Beach Orange Beach, AL — 12.7 7.5 0.9 19.4 13.6 26.9 40.5 (1.1) 2019 (A) Sun Outdoors Orlando ChampionsGate Davenport, FL — — — 3.6 15.9 3.6 15.9 19.5 (1.3) 2020 (A) Sun Outdoors Panama City Beach (2) Panama City Beach, FL 14.4 10.3 9.1 — 3.3 10.3 12.4 22.7 (2.1) 2017 (A) Sun Outdoors Paso Robles (8) Paso Robles, CA — 1.4 — — |
Significant Accounting Polici_2
Significant Accounting Policies Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Principles of Consolidation We consolidate our majority-owned subsidiaries in which we have the ability to control the operations of our subsidiaries and all variable interest entities with respect to which we are the primary beneficiary. We also consolidate entities in which we have a direct or indirect controlling or voting interest. All significant intercompany transactions have been eliminated in consolidation. Any subsidiaries in which we have an ownership percentage equal to or greater than 50%, but less than 100%, or are considered to be a consolidated VIE, represent subsidiaries with a non-controlling interest. The non-controlling interests in our subsidiaries are allocated their proportionate share of the subsidiaries' financial results. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions related to the reported amounts included in our Consolidated Financial Statements and accompanying footnotes thereto. Actual results could differ from those estimates. |
Segment Reporting, Policy [Policy Text Block] | Segment Information FASB Accounting Standards Codification ("ASC") Topic 280, " Segment Reporting ," establishes standards for the way that business enterprises report information about operating segments in their financial statements. In accordance with ASC 280, management has determined that we have three operating segments: (i) Manufactured home ("MH") communities, (ii) Recreational vehicle ("RV") communities and (iii) Marinas. The MH segment owns, operates, develops or has an interest in, a portfolio of MH communities, throughout the U.S. and the UK, and is in the business of acquiring, operating and developing ground up MH communities to provide affordable housing solutions to residents. The MH segment also provides manufactured home sales and leasing services to tenants and prospective tenants of our communities. The RV segment owns, operates, develops or has an interest in, a portfolio of RV communities and is in the business of acquiring, operating and developing ground-up RV communities in the U.S., the UK, and Canada. It also provides leasing services for vacation rentals within the RV communities. The Marina segment owns, operates and develops marinas, and is in the business of acquiring and operating marinas in the U.S., with the majority of such marinas concentrated in coastal regions, and others located in various inland regions. We evaluate segment operating performance based on NOI. Refer to Note 11, "Segment Reporting," for additional information. |
Investment Property, Policy [Policy Text Block] | Investment Property Investment property is recorded at cost, less accumulated depreciation. Impairment of long-lived assets - we review the carrying value of long-lived assets to be held and used for impairment quarterly or whenever events or changes in circumstances indicate a possible impairment. Future events could occur which would cause us to conclude that impairment indicators exist, and significant adverse changes in national, regional, or local market conditions or trends may cause us to change the estimates and assumptions used in our impairment analysis. The results of an impairment analysis could be material to our financial statements. Our primary indicator for potential impairment is based on NOI trends period over period. Circumstances that may prompt a test of recoverability may include a significant decrease in the anticipated market price, an adverse change to the extent or manner in which an asset may be used or in its physical condition or other events that may significantly change the value of the long-lived asset. An impairment loss is recognized when a long-lived asset's carrying value is not recoverable and exceeds estimated fair value. We estimate the fair value of our long-lived assets based on discounted future cash flows and any potential disposition proceeds for a given asset. Forecasting cash flows requires management to make estimates and assumptions about such variables as the estimated holding period, rental rates, occupancy, development and operating expenses during the holding period, as well as disposition proceeds. Management uses its best judgment when developing these estimates and assumptions, but the development of the projected future cash flows is based on subjective variables. Real estate held for sale - we periodically classify real estate as "held for sale." An asset is classified as held for sale after an active program to sell an asset has commenced and when the sale is probable. Subsequent to the classification of assets as held for sale, no further depreciation expense is recorded. There were no real estate assets held for sale as of December 31, 2022. Within Other assets, net on the Consolidated Balance Sheets, was $0.7 million of real estate held for sale at one property, as of December 31, 2021. |
Acquisitions, Policy [Policy Text Block] | Acquisitions - we evaluate acquisitions pursuant to ASC 805, " Business Combinations ," to determine whether the acquisition should be classified as either an asset acquisition or a business combination. Acquisitions for which substantially all of the fair value of the gross assets acquired are concentrated in a single identifiable asset or a group of similar identifiable assets are accounted for as an asset acquisition. The majority of our property acquisitions are accounted for as asset acquisitions. For asset acquisitions, we allocate the purchase price of these properties on a relative fair value basis and capitalize direct acquisition related costs as part of the purchase price. Acquisition costs that do not meet the criteria to be capitalized are expensed as incurred and presented as General and administrative costs in our Consolidated Statements of Operations. Acquisitions that meet the definition of a business combination are recorded at fair value using a fair value model under which the assets and liabilities are generally recognized at their fair values and the difference between the consideration transferred, excluding transaction costs, and the fair values of the assets and liabilities is recognized as goodwill. For acquisitions that meet the definition of a business combination, we allocate the purchase price of those properties on a fair value basis and expense the acquisition related transaction costs as incurred. Transaction costs are presented as Business combinations in our Consolidated Statements of Operations. For asset acquisitions and business combinations, we allocate the purchase price to net tangible and identified intangible assets acquired based on their fair values. In making estimates of fair values for purposes of allocating purchase price, we utilize an independent third-party to value the net tangible and identified intangible assets in connection with the acquisition of the respective property. We provide historical and pro forma financial information obtained about each property, as well as any other information needed in order for the third-party to ascertain the fair value of the tangible and intangible assets acquired. |
Capitalized Costs, Policy [Policy Text Block] | Capitalized Costs We capitalize certain costs incurred in connection with the development, redevelopment, capital enhancement and leasing of our properties. Management is required to use professional judgment in determining whether such costs meet the criteria for capitalization or immediate expense. The amounts are dependent on the volume and timing of such activities, and the costs associated with such activities: Maintenance, repairs and minor improvements to properties are expensed when incurred. Renovations and improvements to our properties are capitalized and depreciated over their estimated useful lives and real estate project costs related to the development of new community or expansion sites are capitalized until the property is substantially complete and available for occupancy. Costs incurred to initially renovate pre-owned and repossessed homes that we acquire for our Rental Program are capitalized, and the majority of costs incurred to refurbish the homes at turnover and repair the homes while occupied, are expensed unless they extend the life of the home. Renovations and improvements to marinas are capitalized and depreciated over their estimated useful lives. Improvements made to docks, buildings, systems, equipment, shorelines and site improvements are capitalized until the project is substantially complete and available for use. Certain expenditures to dealers and residents related to obtaining lessees in our communities are capitalized and amortized based on the anticipated term of occupancy of a resident. Costs incurred to develop internal-use software are capitalized and amortized on a straight-line basis over the estimated useful life of the related software (typically three five Costs associated with purchases of furniture, fixtures and equipment, major replacements and improvements are capitalized and subsequently depreciated over their respective underlying assets estimated useful lives. Costs incurred to obtain new debt financing (i.e. deferred financing costs) are capitalized and amortized over the terms of the underlying loan agreement using the effective interest method for senior unsecured notes and the straight-line method (which approximates the effective interest method) for other financing. Deferred financing costs include fees and costs incurred to obtain long-term financing. Unamortized deferred financing costs are written off when debt is retired before the maturity date. Upon amendment of the line of credit or refinancing of mortgage debt, unamortized deferred financing costs and any related discounts or premiums are accounted for in accordance with ASC 470-50-40, " Modifications and Extinguishments ." Deferred financing costs, discounts and premiums as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification Year ended Description December 31, 2022 December 31, 2021 Secured debt - premium Secured debt $ 0.1 $ 1.7 Secured debt - deferred financing cost Secured debt (14.6) (14.7) Senior unsecured note - discount Unsecured debt (6.1) (3.3) Senior unsecured note - deferred financing cost Unsecured debt (14.3) (10.3) Lines of credit - deferred financing costs Lines of credit and other debts (3.0) — Total Deferred financing costs, discounts and premium included in Debt $ (37.9) $ (26.6) Lines of credit - deferred financing costs Other assets, net 13.1 6.4 Total Deferred financing costs, discounts and premium $ (51.0) $ (33.0) |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents We consider all highly liquid investments with a maturity of three months or less from the date of purchase to be cash and cash equivalents. At December 31, 2022 and 2021, $72.8 million and $65.8 million of cash and cash equivalents, respectively, was included as a component of Cash, cash equivalents and restricted cash on the Consolidated Balance Sheets. The maximum amount of credit risk arising from cash deposits in excess of federally insured amounts was approximately $86.8 million and $58.9 million as of December 31, 2022 and 2021, respectively. The maximum amount of credit risk arising from Park Holidays' cash deposits in excess of insured amounts through the Financial Services Compensation Scheme ("FSCS") was approximately £7.7 million ($9.3 million) as of December 31, 2022. |
Cash and Cash Equivalents and Restricted Cash, Policy[Table Text Block] | Restricted Cash Restricted cash consists primarily of utility deposits and amounts held in deposit for tax, insurance and repair escrows held by lenders in accordance with certain debt agreements. At December 31, 2022 and 2021, $17.6 million and $12.4 million of restricted cash, respectively, was included as a component of Cash, cash equivalents and restricted cash on the Consolidated Balance Sheets. Changes in the restricted cash are reported in our Consolidated Statements of Cash Flows as operating, investing or financing activities based on the nature of the underlying activity. Restricted cash and restricted cash equivalents are included with cash and cash equivalents in the reconciliation of the beginning of period and the end of period cash balance on the Consolidated Statements of Cash Flows. |
Marketable Securities, Policy [Policy Text Block] | Marketable SecuritiesMarketable securities are recorded at fair value with changes in fair value recorded in Gain / (loss) on remeasurement of marketable securities on the Consolidated Statement of Operations. |
Inventory, Policy [Text Block] | Inventory Inventory of manufactured homes is stated at lower of specific cost or net realizable value based on the specific identification method and the balance is separately disclosed on our Consolidated Balance Sheets. Other inventory at our MH and RV properties consists primarily of service and merchandise related items, grocery, food and beverage products and are stated at the lower of cost or net realizable value. Physical inventory counts are performed where inventory exists. Inventory records are adjusted accordingly to reflect actual inventory counts and any resulting shortage is recognized. Inventory at our marinas consists primarily of boats for sale at certain marinas, boat parts used in our service centers and retail related items such as merchandise used in our ship stores, gasoline and diesel fuel, and food and beverage products. Inventories at our marinas are stated at the lower of cost or net realizable value with cost determined using the weighted-average method. Physical inventory counts are performed where inventory exists. Inventory records are adjusted accordingly to reflect actual inventory counts and any resulting shortage is recognized. The other inventory balance is included in Other assets, net on our Consolidated Balance Sheet. |
Investments in Affiliates, Policy [Policy Text Block] | Investments in Nonconsolidated Affiliates We apply the equity method of accounting to entities in which we do not have a direct or indirect controlling interest or for variable interest entities where we are not considered the primary beneficiary but can exercise influence over the entity with respect to its operations and major decisions. Under the equity method of accounting, the cost of an investment is adjusted for our share of the equity in net income or loss from the date of acquisition, reduced by distributions received and increased by contributions made. The income or loss of each entity is allocated in accordance with the provisions of the applicable operating agreements. The allocation provisions in these agreements may differ from the ownership interests held by each investor. The cost method is applied when (a) the investment is minimal (typically less than 5.0%) and (b) our investment is passive. Our exposure to losses associated with nonconsolidated joint ventures is primarily limited to the carrying value of these investments. Accordingly, distributions from a joint venture in excess of our carrying value are recognized in earnings. We review the carrying value of our investments in nonconsolidated affiliates for other than temporary impairment whenever events or changes in circumstances indicate a possible impairment. Financial condition, operational performance and other economic trends are among the factors we consider when we evaluate the existence of impairment indicators. Refer to Note 6, "Investments in Nonconsolidated Affiliates," for additional information. |
Notes and Other Receivables, Policy [Policy Text Block] | Notes and Other Receivables Notes receivable - includes installment loans for manufactured homes purchased from us and notes receivable from real estate developers and operators. Installment notes receivable on manufactured homes - represent notes receivable for the purchase of manufactured homes primarily located in our communities, which are secured by the underlying manufactured home sold. Interest income is accrued based on the unpaid principal balance of the loans. Past due status of our notes receivable is determined based on the contractual terms of the note. When a note receivable becomes 60 days delinquent, we stop accruing interest on the note receivable. The interest on nonaccrual loans is accounted for on the cash basis until qualifying for return to accrual. Notes receivable from real estate developers and operators - represent short-term construction loans provided to real estate developers and loans provided to real estate operators to finance acquisition and development costs. We elected to fair value our installment notes receivable on manufactured homes, and notes receivable from real estate developers and operators in accordance with ASU 2016-13, " Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments " (" CECL "). Installment notes receivable on manufactured homes and notes receivable from real estate developers and operators are measured at fair value pursuant to FASB ASC 820, " Fair Value Measurements and Disclosures ." The fair value is evaluated quarterly, and any fair value adjustments are recorded in Gain / (loss) on remeasurement of notes receivable on the Consolidated Statement of Operations. Refer to Note 15, "Fair Value of Financial Instruments," for additional information regarding the estimates and assumptions used to estimate the fair value of each financial instrument class. Other receivables - are generally comprised of sale proceeds receivable from home sales near year end, amounts due from marina customers for storage, service and lease payments, amounts due from MH and annual RV residents for rent and related charges (utility charges, fees and other pass-through charges), insurance receivables and various other miscellaneous receivables. These receivables do not require incremental CECL reserves as we believe that the risk of future expected loss on those accounts is immaterial due to the short-term nature of the accounts, history of collectability, past relationships and various other mitigating factors. Accounts outstanding longer than the contractual payment terms are considered past due. Accounts receivable from marina customers are stated at amounts due net of an allowance for doubtful accounts. Receivables related to our marina rents are reserved when we believe that collection is less than probable, which is generally 50% for certain receivable balances over 180 days, and 60% after the balance reaches 60 days past due for all other receivables. Accounts receivable from residents are typically due within 30 days and stated at amounts due from residents net of an allowance for doubtful accounts. We evaluate the recoverability of our receivables whenever events occur or there are changes in circumstances such that management believes it is probable that it will be unable to collect all amounts due according to the contractual terms of the loan and lease agreements. Receivables related to MH community rents are reserved when we believe that collection is less than probable, which is generally after a resident balance reaches 60 to 90 days past due. In the UK, annual rents are noticed in full during the fourth quarter and due by January 31st of the following year. Payment can be made upfront or in monthly installments. Accounts receivable are reviewed regularly for collectability, with related reserves set annually for outstanding receivables. Refer to Note 4, "Notes and Other Receivables," for additional detail on receivables. |
Goodwill, Policy [Policy Text Block] | Goodwill We account for goodwill pursuant to ASC 350, " Intangibles—Goodwill and Other ." ASC 350-20, " Goodwill and Other ," allows entities testing goodwill for impairment the option of performing a qualitative assessment before calculating the fair value of a reporting unit (i.e. the first step of the goodwill impairment test). If entities determine, on the basis of qualitative factors, that the fair value of the reporting unit is more-likely-than-not greater than the carrying amount, a quantitative calculation would not be needed. Goodwill represents the excess of costs of an acquired business over the fair value of the identifiable assets acquired less identifiable liabilities assumed. Goodwill is not amortized. Goodwill is tested for impairment at the operating segment level. If the fair value of goodwill is lower than its carrying amount, goodwill impairment is indicated and goodwill is written down to its implied fair value. We assess our goodwill for impairment on an annual basis or more frequently if events or changes in circumstances arise and impairment indicators are identified. As of December 31, 2022 and 2021, we had $1.0 billion and $495.4 million of goodwill from the acquisitions accounted for as business combinations, respectively. The goodwill is attributable to the intellectual capital and going concern value of the acquired businesses. Goodwill is deductible for income tax purposes. As such, the goodwill portion allocated to our U.S. taxable REIT subsidiaries will reduce their taxable income. However, the resulting tax benefits will be offset by a valuation allowance. Goodwill allocated to the UK taxable REIT subsidiaries will reduce their U.S. dividends to the REIT in the future. Given that REITs do not customarily report any taxable income (due to the dividends paid deduction), we do not expect any significant tax benefits arising from the goodwill allocable to the REIT. The carrying amount of goodwill is separately disclosed on our Consolidated Balance Sheets. Refer to Note 5, "Goodwill and Other Intangible Assets," for additional information on goodwill. We account for implementation costs in a hosting arrangement in accordance with ASU 2018-15, " Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (a consensus of the FASB Emerging Issues Task Force) ," which aligns requirements for capitalizing implementation costs in a hosting arrangement as a service contract with internally developed software, and expense capitalized costs of the hosting arrangement over the term of the arrangement. |
Other Intangible Assets, Policy [Policy Text Block] | Other Intangible Assets Other intangible assets primarily comprise in-place leases (including slip in-place leases), non-competition agreements, trademarks and trade names, customer relationships and franchise agreements. Other intangible assets are reviewed for impairment on an annual basis or more frequently if indicators of impairment are identified. Intangible assets with finite lives - we amortize identified intangible assets that are determined to have finite lives over the period the assets are expected to contribute directly or indirectly to the future cash flows of the property or business. Trademarks and trade names - we account for trademarks and trade names pursuant to ASC 350, " Intangibles-Goodwill and Other. " Some trademarks and trade names have an indefinite useful life and some have a three The carrying amounts of the other identified intangible assets are included in Other intangible assets, net on our Consolidated Balance Sheets. Refer to Note 5, "Goodwill and Other Intangible Assets," for additional information on other intangible assets. |
Deferred Taxes, Policy [Policy Text Block] | Deferred Taxes We are subject to certain state taxes that are considered to be income taxes and have certain subsidiaries that are taxed as regular corporations for U.S. (i.e., federal, state, local, etc.) and non-U.S. income tax purposes. Deferred tax assets or liabilities are recognized for temporary differences between the tax basis of assets and liabilities and their carrying amounts in the financial statements and net operating loss carryforwards in certain subsidiaries, including those domiciled in foreign jurisdictions, which may be realized in future periods if the respective subsidiary generates sufficient taxable income. Deferred tax assets and liabilities are measured using currently enacted tax rates. A valuation allowance is established if, based on the available evidence, it is considered more likely than not that some portion or all of the deferred tax assets will not be realized. Refer to Note 12, "Income Taxes," for additional information. |
Share-Based Compensation, Policy [Policy Text Block] | Share-Based Compensation We account for awards of restricted stock in accordance with ASC 718-10, " Compensation-Stock Compensation ." ASC 718-10 requires that compensation cost for all stock awards be calculated and amortized over the service period (generally equal to the vesting period). The fair value of restricted stock awards with service vesting is equal to the fair value of our stock on the grant date. Share-based compensation cost for service vesting restricted stock awards is measured based on the closing share price of our common stock on the date of grant. We measure the fair value of awards with performance conditions based on an estimate of shares expected to vest using the closing price of our common stock as of the grant date. If it is not probable that the performance conditions will be satisfied, we do not recognize compensation expense. We estimate the fair value of share-based compensation for restricted stock with market conditions using a Monte Carlo simulation. We recognize compensation cost ratably over each tranche of shares based on the fair value estimated by the model. We also recognize related estimated award forfeitures ratably over each tranche of shares We estimate forfeitures at the time of grant based on the historical turnover rate of employees and non-employees that are recipients of an award. We update our assumptions annually for the subsequent year awards. Refer to Note 10, "Share-Based Compensation," for additional information. |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments Our financial instruments consist primarily of cash, cash equivalents and restricted cash, marketable securities, notes and other receivables, derivatives assets, debt, warrants and other liabilities. We utilize fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures, pursuant to ASC 820, " Fair Value Measurements and Disclosures ." ASC 820, " Fair Value Measurements and Disclosures ," requires disclosure regarding determination of fair value for assets and liabilities and establishes a hierarchy under which these assets and liabilities must be grouped, based on significant levels of observable or unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumption. This hierarchy requires the use of observable market data when available. These two types of inputs have created the following fair value hierarchy: Level 1 - Quoted unadjusted prices for identical instruments in active markets that we have the ability to access; Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations in which all significant inputs and significant value drivers are observable (e.g. interest rates, yield curves, prepayment speeds, default rates, loss severity, etc.) in active markets or can be corroborated by observable market data; and Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The unobservable inputs reflect our assumptions about the assumptions that market participants would use. Refer to Note 15, "Fair Value of Financial Instruments," for additional information on methods and assumptions used to estimate the fair value of each financial instrument class. |
Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition As a real estate owner and operator, the majority of our revenue is derived from site and home leases, and wet slip and dry storage space leases that are accounted for pursuant to ASC 842, " Leases. " We account for revenue from contracts with customers following ASC 606, " Revenue from Contracts with Customers ," except for those that are within the scope of other topics in the FASB ASC. The core principle of ASC 606 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. A five-step transactional analysis is required to determine how and when to recognize revenue. For transactions in the scope of ASC 606, we recognize revenue when control of goods or services transfers to the customer, in the amount that we expect to receive for the transfer of goods or provision of services. Due to the nature and timing of our identified revenue streams, there were no material outstanding performance obligations as of December 31, 2022. Refer to Note 2, "Revenue," for additional information. Income from real property at our MH and RV properties includes revenue from residents and guests in our communities, who lease the site on which their home or RV is located and either own or lease their home or RV, rental home revenue, and short-term vacation home and site rentals. Revenues from residents and guests includes revenues from site leases to annual MH residents and annual RV guests, and site rentals to transient RV guests. Resident leases are generally for one-year, but may range from month-to-month to two year terms and are renewable by mutual agreement between the parties, or in some cases, as provided by statute. Revenues from site and home leases fall under the scope of ASC 842, and are accounted for as operating leases with straight-line recognition. Non-lease components of our site lease contracts, which are primarily provision of utility services, are accounted for with the site lease as a single lease component per ASC 842. In accordance with the practical expedient criteria to combine lease and non-lease components, we noted that the timing and pattern of transfer for the lease and non-lease components are the same, and the leases qualify as operating leases. Accordingly, we present rental revenues and utility recoveries as a single lease component within Income from real property in the Consolidated Statement of Operations. Rental home revenues which comprise rental agreements whereby we lease homes to residents in our communities, and short-term vacation home and site rentals are accounted for under ASC 842. Additionally, we include collections of real estate taxes from residents and guests within Income from real property. When payment of revenue is received in advance of being earned, those amounts are classified as deferred revenues. Income from real property at our marinas includes rental income which consists primarily of storage revenues, derived from leasing out wet slips and storage spaces. The majority of our slip and storage space leases have annual terms that are generally billed seasonally and are renewable by mutual agreement between the parties. Slip and storage space leases are paid annually, seasonally, quarterly, monthly or transient by night. In accordance with ASC 842, slip and storage space lease revenues are typically earned on a monthly basis over the course of the term of the lease and are accounted for as operating leases with straight-line recognition. Storage income is earned when services have been rendered. When payment is received in advance of being earned, those amounts are classified as deferred revenues. There are commercial buildings that we lease out in annual or multi-year arrangements. In accordance with ASC 842, commercial lease revenue is typically earned on a monthly basis. We recognize lease revenue on a straight-line basis when rental agreements contain material escalation clauses. As a lessor, we have a significant amount of variable lease payments that it receives, usually from revenue derived from percentage-based leases. The revenue from these leases is accounted for on an as earned basis. We also have a number of short-term leases that are accounted for on an as earned basis. All our revenues are recognized net of taxes collected from customers and submitted to taxing authorities. Real estate taxes are recorded as a liability when collected and released when payments are remitted to tax authorities. Revenue from home sales - SHS, our U.S. taxable REIT subsidiary, and Park Holidays sell manufactured homes to current and prospective residents in our communities. We recognize revenue for home sales pursuant to ASC 606 as manufactured homes are tangible personal property that can be located on any land parcel. Manufactured homes are not permanent fixtures or improvements to the underlying real estate and we therefore do not consider them to be subject to the guidance in ASC 360-20, " Real Estate Sales ." In accordance with the core principle of ASC 606, we recognize revenue from home sales at the time of closing when control of the home transfers to the customer. After closing of the sale transaction, we have no remaining performance obligation. As of December 31, 2022 and 2021, we had $28.9 million and $33.5 million, respectively, of receivables from contracts with customers, which consists of home sales proceeds, and are presented as a component of Notes and other receivables, net on our Consolidated Balance Sheets. These receivables represent balances owed to us for previously completed performance obligations for sales of manufactured homes. We report real estate taxes collected from residents and remitted to taxing authorities in revenue. Service, retail, dining and entertainment revenue - is primarily composed of proceeds from restaurant, golf, merchandise, retail, fuel, service and other activities at our RV communities and marinas, and is accounted for in accordance with ASC 606. Revenues are recognized at the point of sale when control of the good or service transfers to the customer and our performance obligation has been satisfied. In addition, Marina rental income, which includes boat rentals is earned when the customer takes control of the good or service and is included in Service, retail, dining and entertainment revenue. Sales and other taxes that we collect concurrent with revenue-producing activities are excluded from the transaction price. Interest income - is earned primarily on our notes receivable, which include installment notes receivables on manufactured homes purchased by us from loan originators and notes receivable from real estate developers and operators. Interest income on these receivables is accrued based on the unpaid principal balances of the underlying loans on a level yield basis over the life of the loans. Interest income is not in the scope of ASC 606. Refer to Note 4, "Notes and Other Receivables," for additional information. Brokerage commissions and other - comprise (a) brokerage commissions for sales of manufactured homes at our MH and RV communities, and (b) brokerage commissions at our marinas, where we act as agent and arrange for a third party to transfer a manufactured home, a park model or a boat to a customer within one of our properties. Brokerage commission revenues are accounted for in accordance with ASC 606 and are recognized on a net basis at closing, when the transaction is completed and our performance obligations have been fulfilled. Other revenues primarily include prepaid rent adjustments, proceeds from business interruption, dividend income and management fee earned from managing third-party-owned holiday parks and third-party-owned marinas. |
Advertising Cost, Policy [Policy Text Block] | Advertising Costs Advertising costs are expensed as incurred. As of December 31, 2022, 2021 and 2020, we had advertising costs of $15.6 million, $9.9 million and $8.3 million, respectively. |
Depreciation and Amortization, Policy [Policy Text Block] | Depreciation and Amortization Depreciation and amortization are computed on a straight-line basis over the estimated useful lives of the assets, ranging from two months to 53 years depending upon the asset classification. |
Foreign Currency, Policy [Policy Text Block] | Foreign Currency The assets and liabilities of our operations in the UK, Australia and Canada, where the functional currency is the Pound sterling, Australian dollar and Canadian dollar, respectively, are translated into U.S. dollars using the exchange rate in effect as of the balance sheet date. Income statement amounts are translated at the average exchange rate prevailing during the period. The resulting translation adjustments are recorded as a component of Accumulated other comprehensive income / (loss). Foreign currency exchange gains and losses arising from fluctuations in currency exchange rates on transactions and the effects of remeasurement of monetary balances denominated in currencies other than the functional currency are recorded in earnings. For the year ended December 31, 2022, we recorded a foreign currency exchange gain of $5.4 million as compared to a foreign currency exchange loss of $3.7 million and a foreign currency exchange gain of $7.7 million for the years ended December 31, 2021 and 2020, respectively, on our Consolidated Statements of Operations. |
Derivative Instruments and Hedging Activities, Policy [Policy Text Block] | Derivative Instruments and Hedging Activities We enter into derivatives for risk management purposes to minimize the effect of interest rate changes on future cash outflows related to outstanding floating rate debt and forecasted issuances of long-term debt. Treasury rate lock contracts, interest rate swaps and forward swaps are used to accomplish this objective. We do not enter into derivative instruments for speculative purposes. We recognize derivative instruments at fair value on a recurring basis on the Consolidated Balance Sheets and classify the derivatives within Level 2 of the fair value hierarchy. We adjust our Consolidated Balance Sheets on a quarterly basis to reflect the current fair market value of the derivative instruments. Refer to Note 15, "Fair Value of Financial Instruments," for additional information related to the fair value methodology used for derivative financial instruments. As of December 31, 2022, all outstanding derivative instruments have been designated as cash flow hedges under ASC Topic 815, " Derivatives and Hedging ." These contracts have maturities of 10 years or less. The risk being hedged is the interest rate risk related to forecasted transactions and outstanding floating rate debt. We assess the effectiveness of the derivative instruments in hedging the underlying interest rate exposure both at inception and on an ongoing basis. The unrealized gains or losses on the derivative instruments are recorded in Accumulated other comprehensive income / (loss) and are reclassified to Interest expense on the Consolidated Statements of Operations during the same period in which the hedged transaction affects earnings. We estimate that $11.3 million will be reclassified as a reduction to Interest expense over the next 12 months for all of our outstanding cash flow hedges. Cash flow from these derivative instruments is classified in the same category as the cash flow items being hedged on the Consolidated Statements of Cash Flows. Refer to Note 14, "Derivative Financial Instruments," for additional information regarding derivative activity. |
Accounting for Leases, Lessee Accounting, Policy [Policy Text Block] | Accounting for Leases Lessee Accounting Pursuant to ASC Topic 842, " Leases ," we determine if an arrangement is a lease at inception. Our operating lease agreements are primarily for land and submerged land under non-cancelable operating leases at certain properties, executive office spaces and certain equipment leases. The ROU asset and liabilities are included within Other assets, net and Other liabilities on the Consolidated Balance Sheets. For operating leases with a term greater than one year, we recognize the ROU assets and liabilities related to the lease payments on the Consolidated Balance Sheets. The lease liabilities are initially and subsequently measured at the present value of the unpaid lease payments at the lease commencement date. The ROU assets represent our right to use the underlying assets for the term of the lease and the lease liabilities represent our obligation to make lease payments arising for the agreements. The ROU asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs incurred less any lease incentives received, and any adjustments to reflect favorable or unfavorable terms of the lease when compared with market terms. The ROU asset is subsequently measured throughout the lease term at the carrying amount of the lease liability, plus unamortized initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received. Lease expense for lease payments is recognized on a straight-line basis over the lease term. The ROU asset is periodically reduced by impairment losses. Variable lease payments, except for the ones that depend on index or rate, are excluded from the calculation of the ROU assets and lease liabilities and are recognized as variable lease expense in the Consolidated Statements of Operations in the period in which they are incurred. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Many of our lessee agreements include options to extend the lease, which we do not include in our minimum lease terms unless they are reasonably certain to be exercised. The lease liability costs are amortized over the straight-line method over the term of the lease. Operating leases with a term of less than one year are recognized as a lease expense over the term of the lease, with no asset or liability recognized on the Consolidated Balance Sheets. Finance leases where we are the lessee are included in Other assets, net and Other liabilities on our Consolidated Balance Sheets. The lease liabilities are initially measured in the same manner as operating leases and are subsequently measured at amortized cost using the effective interest method. The ROU asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs incurred less any lease incentives received, and any adjustments to reflect favorable or unfavorable terms of the lease when compared with market terms. For finance leases, the ROU asset is subsequently amortized using the straight-line method from the lease commencement date to the earlier of the end of its useful life or the end of the lease term unless the lease transfers ownership of the underlying asset to us, or we are reasonably certain to exercise an option to purchase the underlying asset. In those cases, the ROU asset is amortized over the useful life of the underlying asset. We do not recognize an amortization of finance lease ROU asset on land as land is not amortizable. ROU assets are periodically assessed and adjusted for impairment. As of December 31, 2022, we have had no impairment losses. Refer to Note 17, "Leases," for information regarding leasing activities. |
Accounting for Leases, Lessor Accounting, Policy [Policy Text Block] | Lessor Accounting Our income from real property at our MH and RV properties is derived from rental agreements where we are the lessor. ASC 842 limits the definition of initial direct costs to only the incremental costs of signing a lease. Internal sales employees' compensation, payroll-related fringe benefits, certain legal fees rendered prior to the execution of a lease, negotiation costs, advertising and other origination effort costs do not meet the definition of initial direct cost and therefore, are accounted for as General and administrative expense or Property operating and maintenance expense in our Consolidated Statements of Operations. ASC 842 permits the capitalization of direct commission costs. Our MH and RV sites are typically leased to customers on an annual basis. Seasonal RV sites are generally leased to customers for a period less than one year. Transient RV sites are leased to customers on a short-term basis. In addition, customers may lease homes that are located in our MH communities. Our MH and RV leases with customers are classified as operating leases. Fixed lease income from tenants is recognized on a straight-line basis over the terms of the relevant lease agreement and is included within Income from real property and Brokerage commissions and other revenue, net on the Consolidated Statements of Operations. Variable lease income consists of rent primarily based on a percentage of revenues at the related properties and is included within Income from real property and Brokerage commissions and other revenue, net on the Consolidated Statements of Operations. When collectability is not reasonably assured, the resident is placed on non-accrual status and revenue is recognized when cash payments are received. |
Significant Accounting Polici_3
Significant Accounting Policies Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Schedule of Deferred Financing Costs, Discounts and Premiums [Table Text Block] | Deferred financing costs, discounts and premiums as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification Year ended Description December 31, 2022 December 31, 2021 Secured debt - premium Secured debt $ 0.1 $ 1.7 Secured debt - deferred financing cost Secured debt (14.6) (14.7) Senior unsecured note - discount Unsecured debt (6.1) (3.3) Senior unsecured note - deferred financing cost Unsecured debt (14.3) (10.3) Lines of credit - deferred financing costs Lines of credit and other debts (3.0) — Total Deferred financing costs, discounts and premium included in Debt $ (37.9) $ (26.6) Lines of credit - deferred financing costs Other assets, net 13.1 6.4 Total Deferred financing costs, discounts and premium $ (51.0) $ (33.0) |
Revenue (Tables)
Revenue (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Revenue from Contract with Customer [Abstract] | |
Revenue [Table Text Block] | The following table disaggregates our revenue by major source and segment (in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 MH RV Marina Consolidated MH RV Marina Consolidated MH RV Marina Consolidated Revenues Real property $ 954.2 $ 563.3 $ 384.7 $ 1,902.2 $ 805.4 $ 499.5 $ 293.3 $ 1,598.2 $ 742.4 $ 359.5 $ 28.2 $ 1,130.1 Home sales 428.3 37.5 — 465.8 247.1 33.1 — 280.2 154.0 21.7 — 175.7 Service, retail, dining and entertainment 40.3 89.1 402.2 531.6 7.2 73.8 270.8 351.8 5.9 39.9 19.4 65.2 Interest 32.1 2.9 0.2 35.2 10.0 2.2 — 12.2 8.3 1.8 — 10.1 Brokerage commissions and other, net 19.8 13.7 1.4 34.9 12.9 16.0 1.3 30.2 8.6 8.3 0.3 17.2 Total Revenues $ 1,474.7 $ 706.5 $ 788.5 $ 2,969.7 $ 1,082.6 $ 624.6 $ 565.4 $ 2,272.6 $ 919.2 $ 431.2 $ 47.9 $ 1,398.3 |
Real Estate Acquisitions and _2
Real Estate Acquisitions and Dispositions (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Business Combination and Asset Acquisition [Abstract] | |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | For the year ended December 31, 2022, we acquired the following MH communities, RV communities and marinas: Property Name (1) Type Sites, Wet Slips and Development Sites State, Province or Country Month Acquired Harrison Yacht Yard (2) Marina: asset acquisition 21 — MD January Outer Banks Marina: asset acquisition 196 — NC January Jarrett Bay Boatworks Marina: business combination 12 — NC February Tower Marine Marina: asset acquisition 446 — MI March Sandy Bay MH: asset acquisition 730 456 UK March Park Holidays (3) MH: business combination 15,906 608 UK April Christies Parks (2) MH: asset acquisition 249 — UK April Bluewater Marina: asset acquisition 200 — Multiple April Bluewater Yacht Sales (2) Marina: business combination — — Multiple April Bodmin Holiday Park MH: asset acquisition 69 — UK April Kittery Point Marina: asset acquisition 62 — ME May Spanish Trails MHC MH: asset acquisition 195 6 AZ June Pine Acre Trails MH: asset acquisition 251 603 TX June Bel Air Estates & Sunrise Estates (4) MH: asset acquisition 379 — CA June Park Leisure (5) MH: business combination 2,914 123 UK June Montauk Yacht Club Marina: business combination 232 — NY July Callaly Leisure (6) MH: asset acquisition 380 823 UK September Newhaven MH: asset acquisition 224 14 UK October Bayfront Marina Marina: asset acquisition 583 — CA November Marina Bay Yacht Harbor Marina: asset acquisition 800 — CA December Jellystone Lincoln RV: asset acquisition 267 — DE December Norway Commons MH: asset acquisition 231 22 ME December Total 24,347 2,655 (1) Property names are subject to changes subsequent to acquisition. (2) Combined with an existing property. (3) Includes 40 owned and two managed properties. (4) Includes two properties. (5) Includes 11 properties. (6) Includes one development property. For the year ended December 31, 2021, we acquired the following MH and RV communities and marinas: Community Name (1) Type Sites, Wet Slips and Dry Storage Spaces Development Sites State, Province or Country Month Acquired Sun Outdoors Association Island RV: asset acquisition 294 — NY January Blue Water Beach Resort RV: asset acquisition 177 — UT February Tranquility MHC MH: asset acquisition 25 — FL February Islamorada and Angler House (2) Marina: asset acquisition 251 — FL February Prime Martha's Vineyard (2) Marina: asset acquisition 395 — MA March Pleasant Beach Campground RV: asset acquisition 102 — ON, Canada March Sun Outdoors Cape Charles RV: asset acquisition 669 — VA March Beachwood Resort RV: asset acquisition 672 — WA March ThemeWorld RV Resort RV: asset acquisition 148 — FL April Sylvan Glen Estates MH: asset acquisition 476 — MI April Shelter Island Boatyard Marina: asset acquisition 52 — CA May Lauderdale Marine Center Marina: asset acquisition 206 — FL May Apponaug Harbor Marina: asset acquisition 348 — RI June Cabrillo Isle Marina: business combination 476 — CA June Marathon Marina: asset acquisition 135 — FL June Allen Harbor Marina: asset acquisition 176 — RI July Cisco Grove Campground & RV RV: asset acquisition 18 407 CA July Four Leaf Portfolio (3) MH: asset acquisition 2,545 340 MI / IN July Harborage Yacht Club Marina: asset acquisition 300 — FL July Zeman Portfolio (4) RV: asset acquisition 686 — IL / NJ July Southern Leisure RV Resort RV: asset acquisition 496 — FL August Sunroad Marina Marina: asset acquisition 617 — CA August Lazy Lakes RV Resort RV: asset acquisition 99 — FL August Puerto del Rey Marina: asset acquisition 1,746 — Puerto Rico September Stingray Point Marina: asset acquisition 222 — VA September Detroit River Marina: asset acquisition 440 — MI September Jetstream RV Resort at NASA RV: asset acquisition 202 — TX September Beaver Brook Campground RV: asset acquisition 204 150 ME October Emerald Coast Marina: business combination 311 — FL November Tall Pines Harbor Campground RV: asset acquisition 241 — VA November Wells Beach Resort Campground RV: asset acquisition 231 — ME November Port Royal Marina: asset acquisition 167 — SC November Podickory Point Marina: asset acquisition 209 — MD December Sunroad Marina (restaurant) Marina: asset acquisition — — CA December Jellystone Park at Mammoth Cave RV: asset acquisition 315 — KY December South Bay Marina: asset acquisition 333 — CA December Wentworth by the Sea Marina: asset acquisition 155 — NH December Rocky Mountain RV Park RV: asset acquisition 75 — MT December Haas Lake RV Park Campground RV: asset acquisition 492 — MI December Pearwood RV Resort RV: asset acquisition 144 — TX December Holly Shores Camping Resort RV: asset acquisition 310 — NJ December Pheasant Ridge RV Park RV: asset acquisition 130 — OR December Coyote Ranch Resort RV: asset acquisition 165 165 TX December Jellystone Park at Whispering Pines RV: asset acquisition 131 — TX December Hospitality Creek Campground RV: asset acquisition 230 — NJ December Total 15,816 1,062 (1) Property names are subject to changes subsequent to acquisition. (2) Includes two marinas. (3) Includes nine MH communities. (4) Includes two RV Resorts. |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the amount of assets acquired net of liabilities assumed at the acquisition date and the consideration paid for the acquisitions completed during the year ended December 31, 2022 (in millions): At Acquisition Date Consideration Investment in property Inventory of manufactured homes, boat parts Goodwill and other intangible assets (1) Other assets / (liabilities), net Total identifiable assets acquired net of liabilities assumed Cash and escrow Temporary and permanent equity (2) Total consideration Asset Acquisitions (3) Harrison Yacht Yard (4) $ 5.8 $ — $ — $ — $ 5.8 $ 5.8 $ — $ 5.8 Outer Banks 5.2 — — (0.4) 4.8 4.8 — 4.8 Tower Marine 20.2 — 0.2 (2.1) 18.3 18.3 — 18.3 Sandy Bay 247.9 9.4 2.1 (68.3) 191.1 191.1 — 191.1 Christies Parks (4) 10.1 — — 2.1 12.2 12.2 — 12.2 Bluewater 25.3 1.3 0.1 1.3 28.0 28.0 — 28.0 Bodmin Holiday Park 13.1 — — — 13.1 13.1 — 13.1 Kittery Point 8.0 0.1 — (0.1) 8.0 7.0 1.0 8.0 Spanish Trails MHC 20.6 1.8 — — 22.4 22.4 — 22.4 Pine Acre Trails 29.7 — — — 29.7 29.7 — 29.7 Bel Air Estates & Sunrise Estates 39.3 — 0.7 — 40.0 40.0 — 40.0 Callaly Leisure 23.8 0.1 — (0.3) 23.6 23.6 — 23.6 Newhaven (5) 6.2 — — — 6.2 6.2 — 6.2 Bayfront Marina 11.3 — 0.9 (0.5) 11.7 11.7 — 11.7 Marina Bay Yacht Harbor 16.2 — 0.2 (0.7) 15.7 15.7 — 15.7 Jellystone Lincoln (5)(6) 17.0 — — 1.2 18.2 18.2 — 18.2 Norway Commons (5) 15.5 0.4 — — 15.9 15.9 — 15.9 Business Combinations (3) Jarrett Bay Boatworks (7)(8) 21.3 1.4 47.5 1.0 71.2 68.4 2.8 71.2 Park Holidays (7)(9) 1,254.7 29.5 574.5 (624.9) 1,233.8 1,199.9 33.9 1,233.8 Park Leisure (7) 342.7 0.7 15.1 (132.7) 225.8 225.8 — 225.8 Montauk Yacht Club 163.6 0.3 26.3 0.3 190.5 190.5 — 190.5 Total $ 2,297.5 $ 45.0 $ 667.6 $ (824.1) $ 2,186.0 $ 2,148.3 $ 37.7 $ 2,186.0 (1) Refer to Note 5, "Goodwill and Other Intangible Assets," for additional detail on goodwill and other intangible assets. (2) Refer to Note 9, "Equity and Temporary Equity," for additional detail. (3) Property names are subject to changes subsequent to acquisition. (4) Combined with an existing property. (5) The above allocations are estimates pending purchase price allocations. (6) In December 2020, we entered into a loan agreement pursuant to which we extended credit to Blue Water to finance the construction of Jellystone Lincoln (the "RV Park"). In December 2022, we entered into a purchase and sale agreement pursuant to which we purchased the RV Park for cash consideration of $5.0 million, which was applied toward the existing Blue Water loan balance of $12.9 million, and the remaining loan balance of $7.9 million was forgiven. Upon acquisition of the RV Park, we agreed to loan Blue Water an amount equal to $3.7 million, accounted as consideration based on the loan forgiveness terms. Additional consideration for vacation rental units of $0.4 million, resulted in a total purchase price of $17.0 million. In addition, we entered into a lease agreement pursuant to which Blue Water will pay rent to us and continue to operate the park. (7) The Purchase price allocation is preliminary as of December 31, 2022, subject to revision based on the final purchase price allocations to be finalized one year from the acquisition date. (8) The balance includes the marina acquired in February and the yacht sales business acquired in April of which $0.1 million was recorded in Investment property, $17.6 million in Goodwill and other intangible assets, and $0.4 million in Other assets / (liabilities), net. (9) Includes acquired intangible assets subject to amortization of $70.2 million with a weighted average amortization period of 14.6 years, consisting of trademarks and trade names, customer relationships and other intangible assets. The following table summarizes the amounts of assets acquired net of liabilities assumed at the acquisition date and the consideration paid for the acquisitions completed in 2021 (in millions): At Acquisition Date Consideration Investment in property Inventory of manufactured homes, boat parts Goodwill and other intangible assets (1) Other assets / (liabilities), net Total identifiable assets acquired net of liabilities assumed Cash and escrow Temporary and permanent equity Total consideration Asset Acquisition (2) Sun Outdoors Association Island $ 15.0 $ — $ — $ (0.2) $ 14.8 $ 14.8 $ — $ 14.8 Blue Water Beach Resort 9.0 — — (0.3) 8.7 8.7 — 8.7 Tranquility MHC 1.2 — — — 1.2 1.2 — 1.2 Islamorada and Angler House 18.0 — 0.3 (0.3) 18.0 18.0 — 18.0 Prime Martha's Vineyard 22.3 0.2 0.1 (0.7) 21.9 21.9 — 21.9 Pleasant Beach Campground 1.5 — 0.1 — 1.6 1.6 — 1.6 Sun Outdoors Cape Charles 59.7 — 0.2 (2.0) 57.9 57.9 — 57.9 Beachwood Resort 14.0 — 0.2 (7.6) 6.6 6.6 — 6.6 ThemeWorld RV Resort 25.0 — — (0.1) 24.9 24.9 — 24.9 Sylvan Glen Estates 23.6 — 0.5 (0.3) 23.8 (0.2) 24.0 23.8 Shelter Island Boatyard 9.6 0.1 0.4 (0.1) 10.0 10.0 — 10.0 Lauderdale Marine Center 336.9 — 3.3 1.0 341.2 341.2 — 341.2 Apponaug Harbor 6.5 — 0.1 (0.7) 5.9 5.9 — 5.9 Marathon 19.1 — 0.3 (0.2) 19.2 19.2 — 19.2 Allen Harbor 4.0 — — (0.1) 3.9 3.9 — 3.9 Cisco Grove Campground & RV 6.6 — — — 6.6 6.6 — 6.6 Four Leaf Portfolio 210.7 0.3 4.0 (0.5) 214.5 214.5 — 214.5 Harborage Yacht Club 17.3 0.1 4.7 (0.5) 21.6 21.6 — 21.6 Zeman Portfolio 14.2 — 0.7 (0.5) 14.4 14.4 — 14.4 Southern Leisure RV Resort 17.4 — 0.3 (0.3) 17.4 17.4 — 17.4 Sunroad Marina (3) 47.8 — 0.5 65.0 113.3 113.3 — 113.3 Lazy Lakes RV Resort 11.3 — — (0.1) 11.2 11.2 — 11.2 Puerto del Rey 94.5 0.5 1.0 (4.1) 91.9 91.9 — 91.9 Stingray Point 2.9 — — (0.3) 2.6 2.6 — 2.6 Detroit River 8.7 — 0.2 (0.6) 8.3 8.3 — 8.3 Jetstream RV Resort at NASA 17.0 — 0.5 (0.2) 17.3 17.3 — 17.3 Beaver Brook Campground 4.4 — 0.1 — 4.5 4.5 — 4.5 Tall Pines Harbor Campground 10.5 — — — 10.5 10.5 — 10.5 Wells Beach Resort Campground 12.2 — — — 12.2 12.2 — 12.2 Port Royal 20.5 — 0.1 (0.3) 20.3 20.3 — 20.3 Podickory Point 3.3 — — (0.2) 3.1 3.1 — 3.1 Jellystone Park at Mammoth Cave 32.5 — — (0.6) 31.9 31.9 — 31.9 South Bay 14.0 — 0.2 (2.5) 11.7 11.7 — 11.7 Wentworth by the Sea 14.1 0.1 0.1 (1.1) 13.2 13.2 — 13.2 Rocky Mountain RV Park 12.5 — — — 12.5 12.5 — 12.5 Haas Lake RV Park Campground 20.1 — — — 20.1 16.5 3.6 20.1 Pearwood RV Resort 10.2 — — — 10.2 10.2 — 10.2 Holly Shores Camping Resort (4) 27.0 — 0.5 (0.5) 27.0 27.0 — 27.0 Pheasant Ridge RV Park 19.0 — — — 19.0 19.0 — 19.0 Coyote Ranch Resort 12.6 — — (0.2) 12.4 12.4 — 12.4 Jellystone Park at Whispering Pines 13.8 — — (0.2) 13.6 13.6 — 13.6 Hospitality Creek Campground (4) 15.0 — 0.6 (0.6) 15.0 15.0 — 15.0 Business Combination (2) Cabrillo Isle 37.6 — 10.1 (0.7) 47.0 47.0 — 47.0 Emerald Coast 9.0 2.7 41.9 (0.6) 53.0 53.0 — 53.0 Total $ 1,302.1 $ 4.0 $ 71.0 $ 38.8 $ 1,415.9 $ 1,388.3 $ 27.6 $ 1,415.9 (1) Refer to Note 5, "Goodwill and Other Intangible Assets," for additional detail on goodwill and other intangible assets. (2) Property names are subject to changes subsequent to acquisition. (3) The balance includes the marina acquired in August and the restaurant acquired in December of which $9.2 million was recorded in Investment property and $21.0 million in Other assets / (liabilities), net. (4) The allocation was estimated as of December 2021 and was adjusted as of March 2022, based on final purchase price allocation. At Acquisition Date Consideration Investment in property Inventory of manufactured homes, boat parts In-place leases, goodwill and other intangible assets (1) Other liabilities, net Total identifiable assets acquired net of liabilities assumed Cash and escrow Temporary and permanent equity Total consideration Leisure Systems, Inc (1) $ — $ — $ 24.0 $ (2.3) $ 21.7 $ 21.7 $ — $ 21.7 (1) The allocation was preliminary as of December 31, 2021, and was adjusted as of March 2022 based on the final purchase price allocation. |
Business Acquisition, Pro Forma Information [Table Text Block] | The total amount of Revenues and Net income included in the Consolidated Statements of Operations for the year ended December 31, 2022 related to business combinations completed in 2022 are set forth in the following table (in millions): Year Ended December 31, 2022 Total revenues $ 353.6 Net income $ 13.8 The information presented below has been prepared for comparative purposes only and does not purport to be indicative of either future results of operations or the results of operations that would have actually occurred had the acquisition been consummated on January 1, 2021 (in millions, except for per share data): Year Ended (unaudited) December 31, 2022 December 31, 2021 Total revenues $ 3,091.3 $ 2,726.4 Net income attributable to SUI common shareholders $ 241.2 $ 440.5 Net income per share attributable to SUI common shareholders - basic $ 1.99 $ 3.89 Net income per share attributable to SUI common shareholders - diluted $ 1.99 $ 3.88 Total revenues and Net income included in the Consolidated Statements of Operations for the year ended December 31, 2021 related to business combinations completed in 2021 are set forth in the following table (in millions): Year Ended December 31, 2021 Total revenues $ 6.4 Net income $ 0.5 The information presented below has been prepared for comparative purposes only and does not purport to be indicative of either future results of operations or the results of operations that would have actually occurred had the acquisitions been consummated on January 1, 2020 (in millions, except for per share data): Year Ended (unaudited) December 31, 2021 Total revenues $ 2,330.0 Net income attributable to SUI common shareholders $ 390.9 Net income per share attributable to SUI common shareholders - basic $ 3.47 Net income per share attributable to SUI common shareholders - diluted $ 3.40 |
Notes And Other Receivables (Ta
Notes And Other Receivables (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes and Loans Payable, by Type, Current and Noncurrent [Abstract] | |
Schedule of notes and other receivables [Table Text Block] | The following table sets forth certain information regarding notes and other receivables (in millions): December 31, 2022 December 31, 2021 Installment notes receivable on manufactured homes, net $ 65.9 $ 79.1 Notes receivable from real estate developers and operators 305.2 284.0 Other receivables, net 246.2 106.5 Total Notes and Other Receivables, net $ 617.3 $ 469.6 |
Schedule of Other Receivables [Table Text Block] | Other receivables, net were comprised of amounts due from the following categories (in millions): December 31, 2022 December 31, 2021 Insurance receivables $ 78.5 $ 9.0 MH and annual RV residents for rent, utility charges, fees and other pass-through charges, net (1) 61.5 10.0 Marina customers for storage, service and lease payments, net (2) 40.0 29.3 Home sale proceeds 28.9 33.5 Other receivables (3) 37.3 24.7 Total Other Receivables, net $ 246.2 $ 106.5 (1) Net of allowance of $5.9 million and $5.5 million as of December 31, 2022 and 2021, respectively. (2) Net of allowance of $2.2 million and $1.5 million as of December 31, 2022 and 2021, respectively. (3) Includes receivable from Rezplot Systems LLC, a nonconsolidated affiliate, in which we had 48.9% and 49.2% ownership interest as of December 31, 2022 and 2021, respectively. In June 2020, we made a convertible secured loan to Rezplot Systems LLC. The note allows for a principal amount of up to $10.0 million to be drawn down over a period of three years, bears an interest rate of 3.0% and is secured by all the assets of Rezplot Systems LLC. In January 2022, we made an additional loan to Rezplot Systems LLC that allows for a principal amount of up to $5.0 million to be drawn over a period of three years and bears an interest rate of 3.0%. The outstanding balances were $12.7 million and $10.2 million as of December 31, 2022 and 2021, respectively. Refer to Note 6, "Investments in Nonconsolidated Affiliates," for additional information on Rezplot Systems LLC. |
Goodwill and Other Intangible_2
Goodwill and Other Intangible Assets (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Schedule of Goodwill [Table Text Block] | Changes in the carrying amount of goodwill by reportable segment were as follows (in millions): December 31, 2020 Acquisitions (1) Other (2) December 31, 2021 Acquisitions (3) Currency Translation Adjustment Other (4) December 31, 2022 Segment MH $ — $ — $ — $ — $ 465.0 $ (36.7) $ 39.1 $ 467.4 RV — — — — 9.5 — — 9.5 Marina 428.8 36.8 29.8 495.4 41.5 — 4.6 541.5 Total $ 428.8 $ 36.8 $ 29.8 $ 495.4 $ 516.0 $ (36.7) $ 43.7 $ 1,018.4 (5) (1) During the year ended December 31, 2021, we recorded goodwill of $36.8 million in the Marina segment related to the acquisition of Emerald Coast and Cabrillo Isle, primarily attributed to enterprise value and the assembled workforce value associated with existing operations. (2) During the year ended December 31, 2021, Adjustments in purchase price allocations resulted in goodwill increase of $29.8 million in the Marina segment, related to the acquisition of Safe Harbor marina. (3) During the year ended December 31, 2022, we recorded goodwill of $465.0 million in the MH segment related to the acquisition of Park Holidays, primarily attributed to the acquired platform and assembled workforce value associated with the scale of Park Holidays' existing operations in the UK. Additionally, we recorded goodwill of $41.5 million in the Marina segment related to the acquisition of Jarrett Bay Boatworks and Montauk Yacht Club, primarily attributed to enterprise value and the assembled workforce value associated with existing operations, and $9.5 million in the RV segment related to the acquisition of Leisure Systems, Inc, primarily attributed to its licensing arrangements, ability to obtain new franchise relationships and assembled workforce. (4) During the year ended December 31, 2022, adjustments in purchase price allocations resulted in goodwill increase of $39.1 million in the MH segment, related to the acquisition of Park Holidays. (5) During the year ended December 31, 2022 and 2021, we recognized goodwill from acquisitions of $516.0 million and $36.8 million, respectively, which is expected to be deductible for tax purposes. |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | The gross carrying amounts and accumulated amortization of our intangible assets were as follows (in millions): December 31, 2022 December 31, 2021 Other Intangible Asset Useful Life Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization In-place leases 2 months - 13 years $ 165.7 $ (135.4) $ 162.6 $ (120.8) Non-competition agreements 5 years 10.5 (4.1) 10.0 (2.0) Trademarks and trade names 3 - 15 years 81.2 (5.5) 5.8 (0.9) Customer relationships 4 - 17 years 131.5 (24.7) 122.4 (12.3) Franchise agreements and other intangible assets 1 - 27 years 48.3 (8.9) 31.1 (5.8) Total finite-lived assets $ 437.2 $ (178.6) $ 331.9 $ (141.8) Indefinite-lived assets - Trademarks and trade names N/A 140.9 — 114.2 — Indefinite-lived assets - Other N/A 2.5 — 2.5 — Total indefinite-lived assets $ 143.4 $ — $ 116.7 $ — Total $ 580.6 $ (178.6) $ 448.6 $ (141.8) |
Schedule of Intangible Assets Amortization Expense [Table Text Block] | Amortization expenses related to our Other intangible assets were as follows (in millions): Year Ended Other Intangible Asset Amortization Expense December 31, 2022 December 31, 2021 December 31, 2020 In-place leases $ 15.3 $ 28.5 $ 18.2 Non-competition agreements 2.1 2.0 — Trademarks and trade names 4.5 0.9 — Customer relationships 12.3 9.9 2.4 Franchise fees and other intangible assets 2.7 2.2 0.8 Total $ 36.9 $ 43.5 $ 21.4 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | We anticipate amortization expense for Other intangible assets to be as follows for the next five years (in millions): 2023 2024 2025 2026 2027 In-place leases $ 10.6 $ 7.1 $ 6.2 $ 3.5 $ 2.0 Non-competition agreements 2.1 2.1 2.1 0.1 — Trademarks and trade names 6.3 5.5 5.5 5.1 5.2 Customer relationships 12.7 12.7 12.7 12.2 12.2 Franchise agreements and other intangible assets 4.0 3.2 3.1 2.8 2.6 Total $ 35.7 $ 30.6 $ 29.6 $ 23.7 $ 22.0 |
Investments, Equity Method and
Investments, Equity Method and Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Investments in and Advances to Affiliates [Table Text Block] | The investment balance in each nonconsolidated affiliate is as follows (in millions): Year Ended Investment December 31, 2022 December 31, 2021 Investment in RezPlot $ — $ 0.1 Investment in Sungenia JV 44.5 36.2 Investment in GTSC 54.5 35.7 Investment in OFS — 0.2 Investment in SV Lift 2.3 2.9 Total $ 101.3 $ 75.1 The income / (loss) from each nonconsolidated affiliate is as follows (in millions): Year Ended Income / (Loss) from Nonconsolidated Affiliates December 31, 2022 December 31, 2021 December 31, 2020 RezPlot equity loss $ (4.7) $ (2.9) $ (1.9) Sungenia JV equity income 2.2 1.8 0.3 GTSC equity income 5.9 6.1 3.9 OFS equity income 0.6 0.2 0.2 SV Lift equity loss (1.1) (1.2) (0.8) Total equity income $ 2.9 $ 4.0 $ 1.7 The change in the GTSC investment balance is as follows (in millions): Year Ended December 31, 2022 December 31, 2021 Beginning balance $ 35.7 $ 25.5 Contributions 37.4 27.3 Distributions (22.5) (23.0) Equity earnings 5.9 6.1 Fair value adjustment (2.0) (0.2) Ending Balance $ 54.5 $ 35.7 The change in the Sungenia JV investment balance is as follows (in millions): Year Ended December 31, 2022 December 31, 2021 Beginning balance $ 36.2 $ 26.9 Cumulative translation adjustment (3.0) (1.5) Contributions 9.1 9.0 Equity earnings 2.2 1.8 Ending Balance $ 44.5 $ 36.2 |
Consolidated Variable Interes_2
Consolidated Variable Interest Entities Consolidated Variable Interest Entities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of Variable Interest Entities [Abstract] | |
Schedule of Variable Interest Entities [Table Text Block] | The following table summarizes the assets and liabilities of our consolidated VIEs, with the exception of the Operating Partnership, included in our Consolidated Balance Sheets after eliminations (in millions): December 31, 2022 December 31, 2021 Assets Investment property, net $ 739.7 $ 623.5 Cash, cash equivalents and restricted cash 14.1 13.6 Other intangible assets, net 13.0 13.4 Other assets, net 10.5 5.3 Total Assets $ 777.3 $ 655.8 Liabilities and Other Equity Secured debt $ 22.2 $ 52.6 Unsecured debt 35.2 35.2 Advanced reservation deposits and rent 13.8 13.5 Accrued expenses and accounts payable 11.8 78.3 Other liabilities 1.4 2.2 Total Liabilities 84.4 181.8 Temporary equity 41.3 35.4 Noncontrolling interests — 19.4 Total Liabilities and Other Equity $ 125.7 $ 236.6 |
Debt And Lines Of Credit (Table
Debt And Lines Of Credit (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Debt Disclosure [Abstract] | |
Schedule of debt and lines of credit [Table Text Block] | The following table sets forth certain information regarding debt including premiums, discounts and deferred financing costs (in millions, except for statistical information): Carrying Amount Weighted Average Weighted Average December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 Secured Debt (1) $ 3,217.8 $ 3,380.7 10.2 10.6 3.723 % 3.779 % Unsecured Debt Senior unsecured notes (2) 1,779.6 1,186.4 8.1 8.5 2.9 % 2.55 % Line of credit and other debt (3) 2,130.6 1,034.8 2.8 3.5 4.417 % 0.978 % Preferred equity - Sun NG Resorts - mandatorily redeemable 35.2 35.2 1.8 2.8 6.0 % 6.0 % Preferred OP units - mandatorily redeemable 34.0 34.7 3.1 4.1 5.921 % 5.932 % Total Unsecured Debt 3,979.4 2,291.1 Total Debt $ 7,197.2 $ 5,671.8 7.4 8.8 3.746 % 3.038 % (1) Balances at December 31, 2022 and 2021 include $0.1 million and $1.7 million of net debt premium, respectively, and $(14.6) million and $(14.7) million of deferred financing costs, respectively. (2) Balances at December 31, 2022 and 2021 include $(6.1) million and $(3.3) million of net debt discount, respectively, and $(14.3) million and $(10.3) million of deferred financing costs, respectively. Weighted average interest rates include the impact of hedge activity. (3) Balance at December 31, 2022 and 2021 includes $(3.0) million and $0 of deferred financing costs, respectively. Weighted average interest rates include the impact of hedge activity. Period Loan Amount Term (in years) Interest Rate Maturity Date Three months ended December 31, 2022 $ 226.0 (1) 4 - 7 4.5 % June 15, 2026 - December 15, 2029 Three months ended September 30, 2022 $ 20.6 (2)(4) 25 3.65 % August 10, 2047 $ 3.4 (3)(4) 25 3.65 % August 10, 2047 (1) Includes 18 existing encumbered properties. Refer to Note 20, "Subsequent Events," for information regarding additional mortgage term loans entered into subsequent to year end. (2) Represents a construction loan (undrawn as of December 31, 2022). (3) Represents mortgage term loan. (4) Represents loans jointly secured by one property. |
Schedule of Extinguishment of Debt [Table Text Block] | During the years ended December 31, 2022 and 2021, we paid off the following mortgage term loans during the quarters presented below (in millions, except for statistical information): Period Repayment Amount Fixed Interest Rate Maturity Date Loss on Extinguishment of Debt Three months ended September 30, 2022 $ 318.0 (1) 4.81 % December 6, 2022 - $ 4.0 Three months ended June 30, 2022 $ 15.8 3.89 % October 1, 2022 $ — Three months ended December 31, 2021 $ 11.6 (2) 4.3 % February 1, 2022 $ — (1) Includes 17 mortgage term loans which were scheduled to mature from December 6, 2022 to September 6, 2024 that are secured by 35 properties. (2) Includes two mortgage term loans which were scheduled to mature on February 1, 2022. |
Maturities and Amortization of debt and lines of credit [Table Text Block] | As of December 31, 2022, the total of maturities and amortization of our secured debt (excluding premiums and deferred financing costs) and unsecured debt (excluding discounts and deferred financing costs) by year were as follows (in millions): Maturities and Amortization By Year Total Due 2023 2024 2025 2026 2027 Thereafter Secured Debt Mortgage loans payable Maturities $ 2,352.9 $ 117.8 $ 128.8 $ 50.6 $ 573.4 $ 4.0 $ 1,478.3 Principal amortization 879.4 55.6 56.4 54.2 46.2 40.5 626.5 Secured debt total 3,232.3 173.4 185.2 104.8 619.6 44.5 2,104.8 Unsecured Debt Senior unsecured notes 1,800.0 — — — — — 1,800.0 Line of credit and other debt 2,133.6 10.0 9.8 1,058.6 1,055.2 — — Preferred equity - Sun NG Resorts - mandatorily redeemable 35.2 — 33.4 1.8 — — — Preferred OP units - mandatorily redeemable 34.0 — 26.7 — — — 7.3 Total Unsecured Debt 4,002.8 10.0 69.9 1,060.4 1,055.2 — 1,807.3 Total Debt $ 7,235.1 $ 183.4 $ 255.1 $ 1,165.2 $ 1,674.8 $ 44.5 $ 3,912.1 |
Equity and Temporary Equity (Ta
Equity and Temporary Equity (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Equity [Abstract] | |
Schedule of Preferred Units [Table Text Block] | The following table sets forth the various series of redeemable preferred OP units that were outstanding as of December 31, 2022 and 2021 and the related terms, and summarizes the balance included on our Consolidated Balance Sheets (in millions, except for statistical information): Description OP Units Outstanding Exchange Rate (1) Annual Distribution Rate (2) Cash Redemption (3) Redemption Period December 31, 2022 December 31, 2021 Series D preferred OP units 488,958 0.8000 4.0 % Holder's Option Any time after earlier of January 31, 2024 or death of holder $ 48.1 $ 49.0 Series F preferred OP units 90,000 0.6250 3.0 % Holder's Option Any time after earlier of May 14, 2025 or death of holder 8.7 8.8 Series G preferred OP units 240,710 0.6452 3.2 % Holder's Option Any time after earlier of September 30, 2025 or death of holder 24.4 24.8 Series H preferred OP units 581,367 0.6098 3.0 % Holder's Option Any time after earlier of October 30, 2025 or death of holder 56.7 57.4 Series I preferred OP units (4) — 0.6098 3.0 % Holder's Option Any time after earlier of December 31, 2025 or death of holder — 93.7 Series J preferred OP units 240,000 0.6061 2.85 % Holder's Option During the 30-day period following a change of control of the Company or any time after April 21, 2026 23.6 23.9 Total 1,641,035 $ 161.5 $ 257.6 (1) Exchange rates are subject to adjustment upon stock splits, recapitalizations and similar events. The exchange rates of certain series of OP units are approximated to four decimal places. (2) Distributions are payable on the issue price of each OP unit which is $100.00 per unit for all these preferred OP units. (3) The redemption price for each preferred OP unit redeemed will be equal to its issue price plus all accrued but unpaid distributions. (4) All of our outstanding series I preferred OP units converted during the year ended December 31, 2022. Issuances of Common OP Units Year Ended December 31, 2022 and 2021 Common OP Units Issued Related Acquisition May 2022 10,854 (1) Rudgate May 2022 5,605 Kittery Point February 2022 14,683 Jarrett Bay Boatworks December 2021 17,707 Haas Lake RV Campground (1) During the three months ended June 30, 2022, we acquired the noncontrolling equity interest held by third parties in Rudgate for a total purchase price of $3.1 million. As consideration, we issued 10,854 common OP units and paid the remainder of the purchase price in cash. The acquisition resulted in the Company owning a 100% controlling interest in Rudgate. Refer to Note 7, "Consolidated Variable Interest Entities," for additional information. |
Schedule of Redeemable Equity [Table Text Block] | The following table summarizes the redeemable equity interests included in Temporary Equity on our Consolidated Balance Sheets (in millions): Equity Interest Description December 31, 2022 December 31, 2021 FPG Sun Moreno Valley 66 LLC In connection with the investment in land for future development in the city of Moreno Valley, California, at the property known as FPG Sun Moreno Valley 66 LLC $ 0.1 $ 0.1 Solar Energy Project CA II LLC A joint venture that operates and maintains solar energy equipment in select California communities 4.2 0.5 Solar Energy Project LLC A joint venture that operates and maintains solar energy equipment in select California communities 1.9 1.6 Solar Energy Project III LLC A joint venture that operates and maintains solar energy equipment in select Arizona and California communities 0.3 — FPG Sun Menifee 80 LLC In connection with the investment in land for future development in the city of Menifee in California, at the property known as FPG Sun Menifee 80 LLC 0.1 0.1 NG Sun Whitewater LLC In connection with the investment in land at the property known as Whitewater 3.2 4.3 NG Sun LLC In connection with the investment in Sun NG Resorts, a joint venture that operates a portfolio of RV communities in the U.S. 31.1 24.7 NG Sun Beaver Brook LLC In connection with the investment in Sun NG Beaver Brook LLC, a joint venture that operates one RV communities in the U.S. 0.5 — Total $ 41.4 $ 31.3 |
Schedule of Conversions of Stock [Table Text Block] | Below is the activity of conversions during the years ended December 31, 2022 and 2021: Year Ended December 31, 2022 December 31, 2021 Series Conversion Rate Units / Shares Converted Common Stock (1) Units / Shares Converted Common Stock (1) Aspen preferred OP units Various (2) 25,000 8,007 — — Common OP units 1.0000 150,393 150,393 86,364 86,364 Series A-1 preferred OP units 2.4390 67,476 164,566 19,710 48,067 Series C preferred OP units 1.1100 150 166 140 155 Series E preferred OP units 0.6897 10,000 6,896 — — Series H preferred OP units 0.6098 40 24 — — Series I preferred OP units 0.6098 922,000 562,195 — — |
Schedule of Sale of Common Stock [Table Text Block] | Distributions declared for the three months ended December 31, 2022 were as follows: Common Stock, Common OP units and Restricted Stock Distributions Record Date Payment Date Distribution Per Share Total Distribution December 31, 2022 12/30/2022 1/17/2023 $ 0.88 $ 111.3 |
Share-Based Compensation (Table
Share-Based Compensation (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Share-Based Payment Arrangement, Noncash Expense [Abstract] | |
Share-Based Payment Arrangement, Restricted Stock, Grants [Table Text Block] | During the years ended December 31, 2022 and 2021, shares were granted as follows: Grant Period Type Plan Shares Granted Grant Date Fair Value Per Share Vesting Type 2022 Key Employees 2015 Equity Incentive Plan 203,210 $ 179.23 (1) Time Based 2022 Executive Officers 2015 Equity Incentive Plan 66,000 $ 178.20 (1) Time Based 2022 Executive Officers 2015 Equity Incentive Plan 91,500 $ 124.88 (2) Market Condition (3) 2022 Directors 2004 Non-Employee Director Option Plan 11,900 $ 197.00 (1) Time Based 2021 Key Employees 2015 Equity Incentive Plan 93,910 $ 147.98 (1) Time Based 2021 Executive Officers 2015 Equity Incentive Plan 83,888 $ 157.79 (1) Time Based 2021 Executive Officers 2015 Equity Incentive Plan 101,100 $ 93.41 (2) Market Condition (3) 2021 Directors 2004 Non-Employee Director Option Plan 11,709 $ 148.28 (1) Time Based (1) Represents the weighted average fair value per share of the closing price of our common stock on the dates the shares were awarded. (2) Represents the weighted average fair value per share of the Monte Carlo simulation fair value price of our market condition awards on the dates the shares were awarded. (3) Share-based compensation for restricted stock awards with market conditions is measured based on an estimate of shares expected to vest using a Monte Carlo simulation to determine fair value. |
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] | The following table summarizes our restricted stock activity for the years ended December 31, 2022, 2021 and 2020 (in millions, except share and per share data): Number of Shares Weighted Average Grant Date Fair Value Fair Value of Unvested restricted shares at January 1, 2020 813,041 $ 83.10 Granted 261,731 $ 144.89 Vested (258,280) $ 73.47 $ 19.0 Forfeited (5,678) $ 111.04 Unvested restricted shares at December 31, 2020 810,814 $ 105.92 Granted 290,607 $ 131.84 Vested (305,747) $ 91.06 $ 27.8 Forfeited (7,654) $ 113.02 Unvested restricted shares at December 31, 2021 788,020 $ 121.18 Granted 372,610 $ 166.27 Vested (278,359) $ 106.98 $ 29.8 Forfeited (27,504) $ 157.11 Unvested restricted shares at December 31, 2022 854,767 $ 144.19 |
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award [Table Text Block] | The following table summarizes our expected share-based compensation cost, net related to our unvested restricted shares, in millions: 2023 2024 2025 Thereafter Expected share-based compensation costs, net $ 31.6 $ 23.5 $ 14.9 $ 11.6 |
Segment Reporting (Tables)
Segment Reporting (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Segment Reporting [Abstract] | |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | A presentation of our segment financial information is summarized as follows (amounts in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 MH RV Marina Consolidated MH RV Marina Consolidated MH RV Marina Consolidated Operating revenues $ 1,422.8 $ 689.9 $ 786.9 $ 2,899.6 $ 1,059.7 $ 606.4 $ 564.1 $ 2,230.2 $ 902.3 $ 421.1 $ 47.6 $ 1,371.0 Operating expenses / Cost of sales 661.1 359.6 498.4 1,519.1 438.7 318.8 351.8 1,109.3 362.6 221.2 30.1 613.9 NOI $ 761.7 $ 330.3 $ 288.5 $ 1,380.5 $ 621.0 $ 287.6 $ 212.3 $ 1,120.9 $ 539.7 $ 199.9 $ 17.5 $ 757.1 Adjustments to arrive at net income Interest income 35.2 12.2 10.1 Brokerage commissions and other revenues, net 34.9 30.2 17.2 General and administrative expense (256.8) (181.3) (109.5) Catastrophic event-related charges, net (17.5) (2.2) (0.9) Business combination expense, net (24.7) (1.4) (23.0) Depreciation and amortization (604.8) (522.7) (376.9) Loss on extinguishment of debt (see Note 8) (4.4) (8.1) (5.2) Interest expense (229.8) (158.6) (129.1) Interest on mandatorily redeemable preferred OP units / equity (4.2) (4.2) (4.2) Gain / (loss) on remeasurement of marketable securities (53.4) 33.5 6.1 Gain / (loss) on foreign currency exchanges 5.4 (3.7) 7.7 Gain on dispositions of properties 12.2 108.1 5.6 Other expense, net (2.1) (12.1) (5.2) Gain / (loss) on remeasurement of notes receivable (0.8) 0.7 (3.3) Income from nonconsolidated affiliates (see Note 6) 2.9 4.0 1.7 Loss on remeasurement of investment in nonconsolidated affiliates (2.7) (0.2) (1.6) Current tax expense (see Note 12) (10.3) (1.2) (0.8) Deferred tax benefit / (expense) (see Note 12) 4.2 (0.1) 1.6 Net Income 263.8 413.8 147.4 Less: Preferred return to preferred OP units / equity interests 11.0 12.1 6.9 Less: Income attributable to noncontrolling interests 10.8 21.5 8.9 Net Income Attributable to SUI Common Shareholders $ 242.0 $ 380.2 $ 131.6 December 31, 2022 December 31, 2021 MH RV Marina Consolidated MH RV Marina Consolidated Identifiable Assets Investment property, net $ 7,181.7 $ 3,744.3 $ 3,045.0 $ 13,971.0 $ 5,172.2 $ 3,639.0 $ 2,614.3 $ 11,425.5 Cash, cash equivalents and restricted cash 49.4 30.3 10.7 90.4 36.7 19.9 21.6 78.2 Marketable securities 82.4 44.9 — 127.3 121.0 65.9 — 186.9 Inventory of manufactured homes 189.1 13.6 — 202.7 44.3 6.8 — 51.1 Notes and other receivables, net 475.2 96.5 45.6 617.3 374.2 55.5 39.9 469.6 Goodwill 467.4 9.5 541.5 1,018.4 — — 495.4 495.4 Other intangible assets, net 97.9 32.6 271.5 402.0 27.4 22.7 256.7 306.8 Other assets, net 356.1 63.0 236.0 655.1 198.0 63.6 219.0 480.6 Total Assets $ 8,899.2 $ 4,034.7 $ 4,150.3 $ 17,084.2 $ 5,973.8 $ 3,873.4 $ 3,646.9 $ 13,494.1 |
Income Taxes (Tables)
Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
Schedule of Tax Characterization of Dividends [Table Text Block] | For the years ended December 31, 2022, 2021 and 2020, distributions paid per share were taxable as follows (unaudited / rounded): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Amount Percentage Amount Percentage Amount Percentage Ordinary income (1) $ 2.55 73.62 % $ 2.31 70.47 % $ 2.14 68.54 % Capital gain — — % — — % 0.06 1.92 % Return of capital 0.92 26.38 % 0.97 29.53 % 0.92 29.54 % Total distributions declared $ 3.47 100.00 % $ 3.28 100.00 % $ 3.12 100.00 % (1) 98.9356% of the ordinary taxable dividend qualifies as a Section 199A dividend for 2022 and 1.0644% of the ordinary taxable dividend qualifies as a Qualified Dividend for 2022. |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The components of our provision / (benefit) for income taxes attributable to continuing operations for the years ended December 31, 2022, 2021 and 2020 are as follows (amounts in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Federal Current $ — $ — $ (0.8) Deferred — — (0.6) State and Local Current 2.3 1.1 1.5 Deferred — (0.1) — Foreign Current 8.0 0.1 0.1 Deferred (4.2) 0.2 (1.0) Total provision / (benefit) $ 6.1 $ 1.3 $ (0.8) |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | A reconciliation of the provision / (benefit) for income taxes with the amount computed by applying the statutory federal income tax rate to income before provision for income taxes for the years ended December 31, 2022, 2021 and 2020 is as follows (amounts in millions): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Pre-tax income / (loss) attributable to taxable subsidiaries $ 11.4 $ (5.2) $ 8.4 Federal provision / (benefit) at statutory tax rate 2.4 21.0 % (1.1) 21.0 % (1.8) 21.0 % State and local taxes, net of federal benefit 0.7 6.5 % 0.2 (3.8) % 0.7 (8.6) % Rate differential (0.4) (3.5) % 0.1 (2.7) % (0.2) 2.8 % Change in valuation allowance 2.8 24.5 % 3.4 (65.0) % 1.3 (15.8) % Others (1.0) (8.5) % (2.1) 39.8 % (1.6) 19.5 % Tax provision / (benefit) - taxable subsidiaries 4.5 40.0 % 0.5 (10.7) % (1.6) 18.9 % Other state taxes - flow through subsidiaries 1.6 0.8 0.8 Total provision / (benefit) $ 6.1 $ 1.3 $ (0.8) |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The deferred tax assets and liabilities included in the Consolidated Balance Sheets are comprised of the following tax effects of temporary differences and based on the most recent tax rate legislation (amounts in millions): As of December 31, 2022 December 31, 2021 December 31, 2020 Deferred Tax Assets NOL carryforwards $ 25.9 $ 26.2 $ 19.5 Depreciation and basis differences 26.0 23.7 32.9 Restricted interest carryforwards 25.2 — — Other 4.9 0.1 (0.6) Gross deferred tax assets 82.0 50.0 51.8 Valuation allowance (49.8) (47.0) (44.0) Net deferred tax assets (1) 32.2 3.0 7.8 Deferred Tax Liabilities Basis differences - US assets — (1.2) (5.7) Basis differences - foreign investment (2) (340.8) (22.5) (22.7) Gross deferred tax liabilities (3) (340.8) (23.7) (28.4) Net Deferred Tax Liability $ (308.6) $ (20.7) $ (20.6) (1) Net deferred tax assets are included within Other assets, net in our Consolidated Balance Sheets. (2) Balance as of December 31, 2022 relates to basis differences in our foreign investments in properties in the UK and Canada. (3) Gross deferred tax liabilities are included within Other liabilities in our Consolidated Balance Sheets. |
Earnings Per Share (Tables)
Earnings Per Share (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Earnings Per Share [Abstract] | |
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block] | Computations of basic and diluted EPS were as follows (in millions, except per share data): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Numerator Net Income Attributable to SUI Common Shareholders $ 242.0 $ 380.2 $ 131.6 Less: allocation to restricted stock awards 1.4 2.4 0.8 Basic earnings - Net Income attributable to common shareholders after allocation to restricted stock awards $ 240.6 $ 377.8 $ 130.8 Add: allocation to common and preferred OP units dilutive effect 4.7 8.6 — Add: allocation to restricted stock awards — — — Diluted earnings - Net income attributable to common shareholders after allocation to common and preferred OP units (1) $ 245.3 $ 386.4 $ 130.8 Denominator Weighted average common shares outstanding $ 120.2 $ 112.6 $ 97.5 Add: common shares dilutive effect: Forward Equity Offering 0.2 — — Add: dilutive restricted stock — — — Add: common and preferred OP units dilutive effect 2.5 2.5 — Diluted weighted average common shares and securities (1) $ 122.9 $ 115.1 $ 97.5 EPS Available to Common Shareholders After Allocation Basic EPS $ 2.00 $ 3.36 $ 1.34 Diluted EPS (1) $ 2.00 $ 3.36 $ 1.34 (1) For the years ended December 31, 2022, 2021 and 2020, diluted earnings per share was calculated using the two-class method for restricted stock awards as the application of this method resulted in a more diluted earnings per share during those periods. |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | The following table presents the outstanding securities that were excluded from the computation of diluted EPS as of December 31, 2022, 2021 and 2020 (amounts in thousands): Year Ended December 31, 2022 December 31, 2021 December 31, 2020 Common OP units — — 2,607 A-1 preferred OP units 208 275 295 A-3 preferred OP units 40 40 40 Aspen preferred OP units 1,259 1,284 1,284 Series C preferred OP units 306 306 306 Series D preferred OP units 489 489 489 Series E preferred OP units 80 90 90 Series F preferred OP units 90 90 90 Series G preferred OP units 241 241 241 Series H preferred OP units 581 581 581 Series I preferred OP units — 922 922 Series J preferred OP units 240 240 — Total Securities 3,534 4,558 6,945 |
Derivative Financial Instrume_2
Derivative Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
Schedule of Derivative Instruments [Table Text Block] | The following table presents the gross fair value amounts of our derivative financial instruments and the associated notional amounts (in millions): December 31, 2022 December 31, 2021 Derivatives designated as cash flow hedges Notional Fair Value of Assets (1) Fair Value of Liabilities Notional Fair Value of Assets (1) Fair Value of Liabilities Interest rate derivatives $ 733.6 $ 32.0 $ — $ 150.0 $ 0.4 $ — (1) Included within Other Assets, net on the Consolidated Balance Sheets. The following table presents the gains on derivatives in cash flow hedging relationships recognized in Other Comprehensive Income (in millions): Year Ended Derivatives designated as cash flow hedges December 31, 2022 December 31, 2021 December 31, 2020 Interest rate derivatives $ 64.3 $ 0.4 $ — The following table presents the amount of gains on derivative instruments reclassified from Accumulated Other Comprehensive Income into earnings (in millions): Year Ended Derivatives designated as cash flow hedges Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Interest rate derivatives Interest expense $ 1.3 $ — $ — |
Fair Value of Financial Instr_2
Fair Value of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Fair Value Disclosures [Abstract] | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | The table below sets forth our financial assets and liabilities (in millions) that required disclosure of fair value on a recurring basis as of December 31, 2022. The table presents the carrying values and fair values of our financial instruments as of December 31, 2022 and 2021, that were measured using the valuation techniques described in Note 1, "Significant Accounting Policies,". The table excludes other financial instruments such as other receivables and accounts payable as the carrying values associated with these instruments approximate their fair value since their maturities are less than one year. These are classified as Level 1 in the hierarchy. December 31, 2022 Financial Assets Carrying Value Quoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Fair Value Cash, cash equivalents and restricted cash $ 90.4 $ 90.4 $ — $ — $ 90.4 Marketable securities 127.3 127.3 — — 127.3 Installment notes receivable on manufactured homes, net 65.9 — — 65.9 65.9 Notes receivable from real estate developers and operators 305.2 — — 305.2 305.2 Derivative assets 32.0 — 32.0 — 32.0 Total assets measured at fair value $ 620.8 $ 217.7 $ 32.0 $ 371.1 $ 620.8 Financial Liabilities Secured debt $ 3,217.8 $ — $ 3,217.8 $ — $ 2,814.1 Unsecured debt Senior unsecured notes 1,779.6 — 1,779.6 — 1,432.7 Line of credit and other unsecured debt 2,199.8 — 2,199.8 — 2,199.8 Total unsecured debt 3,979.4 — 3,979.4 — 3,632.5 Other financial liabilities (contingent consideration) 20.2 — — 20.2 20.2 Total liabilities measured at fair value $ 7,217.4 $ — $ 7,197.2 $ 20.2 $ 6,466.8 December 31, 2021 Financial Assets Carrying Value Quoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Fair Value Cash, cash equivalents and restricted cash $ 78.2 $ 78.2 $ — $ — $ 78.2 Marketable securities 186.9 186.9 — — 186.9 Installment notes receivable on manufactured homes, net 79.1 — — 79.1 79.1 Notes receivable from real estate developers and operators 284.0 — — 284.0 284.0 Derivative assets 0.4 — 0.4 — 0.4 Total assets measured at fair value $ 628.6 $ 265.1 $ 0.4 $ 363.1 $ 628.6 Financial Liabilities Secured debt $ 3,380.7 $ — $ 3,380.7 $ — $ 3,405.9 Unsecured debt Senior unsecured notes 1,186.4 — 1,186.4 — 1,201.8 Line of credit and other unsecured debt 1,104.7 — 1,104.7 — 1,104.7 Total unsecured debt 2,291.1 — 2,291.1 — 2,306.5 Other financial liabilities (contingent consideration) (1) 20.2 — — 20.2 20.2 Total liabilities measured at fair value $ 5,692.0 $ — $ 5,671.8 $ 20.2 $ 5,732.6 (1) Balance updated during the three months ended March 31, 2022 to include contingent consideration related to a marina acquisition. This contingent consideration was included within Other liabilities on the Consolidated Balance Sheets at December 31, 2021. |
Fair Value, by Balance Sheet Grouping [Table Text Block] | The change in the marketable securities balance is as follows (in millions): Year Ended December 31, 2022 December 31, 2021 Beginning Balance $ 186.9 $ 124.7 Additional purchases — 35.5 Change in fair value measurement (53.4) 33.4 Foreign currency translation adjustment (7.7) (9.2) Dividend reinvestment, net of tax 1.5 2.5 Ending Balance $ 127.3 $ 186.9 |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | The following tables summarize changes to our financial instruments carried at fair value and classified within Level 3 of the fair value hierarchy for the year ended December 31, 2022 and 2021 (in millions): Year Ended December 31, 2022 December 31, 2021 Assets: Installment Notes Receivable on MH, net Notes Receivable From Real Estate Developers and Operators Warrants Installment Notes Receivable on MH, net Notes Receivable From Real Estate Developers and Operators Level 3 beginning balance at December 31, 2022 and 2021 $ 79.1 $ 284.0 $ — $ — $ — Transfer to level 3 — — 85.9 52.6 Realized gains / (losses) (1) (0.8) — (3.4) 0.7 — Purchases and issuances 1.0 79.3 3.4 8.6 239.7 Sales and settlements (13.4) (34.9) — (14.6) (13.0) Dispositions of properties — — — (1.9) — Foreign currency exchange losses — (23.3) — — — Other adjustments — 0.1 — 0.4 4.7 Level 3 ending balance at December 31, 2022 and 2021 $ 65.9 $ 305.2 $ — $ 79.1 $ 284.0 Year Ended December 31, 2022 December 31, 2021 Liabilities: Other Liabilities (Contingent Consideration) Other Liabilities (Contingent Consideration) Level 3 beginning balance at December 31, 2022 and 2021 $ 20.2 $ 15.8 Realized losses (1) — 9.3 Purchases and issuances — 26.5 Sales and settlements — (33.7) Other adjustments — 2.3 Level 3 ending balance at December 31, 2022 and 2021 $ 20.2 $ 20.2 (1) Includes realized gains / losses recorded in earnings |
Leases (Tables)
Leases (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Leases [Abstract] | |
Finance Lease, Liability, Maturity [Table Text Block] | Future minimum lease payments under non-cancellable leases as of December 31, 2022 where we are the lessee include: Maturity of Lease Liabilities (in millions) Operating Leases Finance Leases Total 2023 $ 13.6 $ 1.0 $ 14.6 2024 13.6 4.6 18.2 2025 13.2 0.5 13.7 2026 11.6 0.5 12.1 2027 9.6 0.5 10.1 Thereafter 237.6 21.8 259.4 Total Lease Payments $ 299.2 $ 28.9 $ 328.1 Less: Imputed interest (138.9) (13.9) (152.8) Present Value of Lease Liabilities $ 160.3 $ 15.0 $ 175.3 |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | Future minimum lease payments under non-cancellable leases as of December 31, 2022 where we are the lessee include: Maturity of Lease Liabilities (in millions) Operating Leases Finance Leases Total 2023 $ 13.6 $ 1.0 $ 14.6 2024 13.6 4.6 18.2 2025 13.2 0.5 13.7 2026 11.6 0.5 12.1 2027 9.6 0.5 10.1 Thereafter 237.6 21.8 259.4 Total Lease Payments $ 299.2 $ 28.9 $ 328.1 Less: Imputed interest (138.9) (13.9) (152.8) Present Value of Lease Liabilities $ 160.3 $ 15.0 $ 175.3 |
Lease, Supplemental Balance Sheet Information [Table Text Block] | Right-of-use ("ROU") assets and lease liabilities for finance and operating leases as included in our Consolidated Balance Sheets are as follows (in millions): Financial Statement Classification As of Description December 31, 2022 December 31, 2021 Lease Assets Finance lease, ROU asset, net of accumulated amortization Investment property, net $ 32.2 $ 4.3 Operating lease, ROU asset, net Other assets, net $ 189.4 $ 138.2 Below market operating leases, net Other assets, net $ 90.9 $ 93.1 Lease Liabilities Finance lease liabilities Other liabilities $ 15.0 $ 4.2 Operating lease liabilities Other liabilities $ 160.3 $ 129.2 |
Lease, Cost [Table Text Block] | Lease expense for finance and operating leases, and variable and short term lease costs as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Finance Lease Expense Amortization of ROU assets Depreciation and amortization $ 2.7 $ — $ — Interest on lease liabilities Interest expense 0.5 0.2 0.1 Operating lease cost General and administrative expense, Property operating and maintenance, 8.5 11.4 4.3 Operating lease impairment (1) Other expense, net 4.0 — — Variable lease cost Property operating and maintenance 2.9 6.6 2.3 Short term lease cost Property operating and maintenance 0.1 0.2 — Total Lease Expense $ 18.7 $ 18.4 $ 6.7 (1) Refer to Note 1, "Significant Accounting Policies," for additional detail. The components of lease income for our operating leases, as included in our Consolidated Statements of Operations are as follows (in millions): Year Ended Description Financial Statement Classification December 31, 2022 December 31, 2021 December 31, 2020 Operating Leases Fixed lease income Income from real property; Brokerage commissions and other revenue, net $ 28.9 $ 23.0 $ 3.3 Variable lease income (1) Income from real property; Brokerage commissions and other revenue, net $ 2.9 $ 5.7 $ 2.0 (1) Consists of rent primarily based on a percentage of acquisition costs and net operating income. |
Leases, Additional Information [Table Text Block] | Lease term, discount rates and additional information for finance and operating leases are as follows: As of Lease Term and Discount Rate December 31, 2022 Weighted-average Remaining Lease Terms (years) Finance lease 37.87 Operating lease 33.97 Weighted-average Discount Rate Finance lease 3.38 % Operating lease 3.80 % Year Ended Other Information (in millions) December 31, 2022 December 31, 2021 December 31, 2020 Cash Paid for Amounts Included in the Measurement of Lease Liabilities Operating cash flow from operating leases $ 12.1 $ 6.6 $ 2.7 Financing cash flow from finance leases 6.2 0.3 0.1 Total Cash Paid On Lease Liabilities $ 18.3 $ 6.9 $ 2.8 |
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block] | Future minimum lease payments under non-cancellable leases at our RV communities and marinas at the year ended December 31, 2022 where we are the lessor include: Maturity of Lease Payments (in millions) Operating Leases 2023 $ 26.7 2024 17.0 2025 8.9 2026 5.1 2027 4.4 Thereafter 40.7 Total Undiscounted Cash Flows $ 102.8 |
Lease, Financial Liability, Future Minimum Rental Payments, Fiscal Year Maturity [Table Text Block] | The following table presents the future minimum rental payments for this financial liability as of December 31, 2022: Maturity of Financial Liability (in millions) December 31, 2022 2023 $ 8.0 2024 11.2 2025 11.2 2026 11.3 2027 11.4 Thereafter 1,685.7 Total Payments $ 1,738.8 Less: Imputed interest (1,399.1) Present Value of Financial Liability $ 339.7 |
Significant Accounting Polici_4
Significant Accounting Policies Significant Accounting Policies (Details) £ in Millions | 3 Months Ended | 12 Months Ended | ||||||
Jun. 30, 2022 | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) site property | Dec. 31, 2020 USD ($) | Dec. 31, 2022 property | Dec. 31, 2022 segment | Dec. 31, 2022 GBP (£) | Dec. 31, 2022 site | |
Significant Accounting Policies [Line Items] | ||||||||
Number of sites | 15,816 | 227,541 | 24,347 | |||||
Total Deferred financing costs, discounts and premium | $ (51,000,000) | $ (33,000,000) | ||||||
Cash and cash equivalents | 72,800,000 | 65,800,000 | ||||||
Cash depots in excess of insured amounts | 86,800,000 | 58,900,000 | ||||||
Restricted cash | 17,600,000 | 12,400,000 | ||||||
Marketable securities | $ 127,300,000 | 186,900,000 | ||||||
Minimal cost of investment method, percentage | 5% | |||||||
Goodwill | $ 1,018,400,000 | 495,400,000 | $ 428,800,000 | |||||
Receivables from contracts with customers | 28,900,000 | 33,500,000 | ||||||
Advertising costs | 15,600,000 | 9,900,000 | 8,300,000 | |||||
Gain / (loss) on foreign currency exchanges | 5,400,000 | (3,700,000) | 7,700,000 | |||||
Operating lease impairment | 4,000,000 | 0 | $ 0 | |||||
Impairment losses | 0 | |||||||
Revolving Credit Facility [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Deferred financing costs | 3,000,000 | 0 | ||||||
Total Deferred financing costs, discounts and premium | (37,900,000) | (26,600,000) | ||||||
Secured debt total | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Discounts and premium | 100,000 | 1,700,000 | ||||||
Deferred financing costs | 14,600,000 | 14,700,000 | ||||||
Senior unsecured notes | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Discounts and premium | (6,100,000) | (3,300,000) | ||||||
Deferred financing costs | 14,300,000 | 10,300,000 | ||||||
Treasury Lock [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Maximum maturities of contracts | 10 years | |||||||
Treasury Lock and Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Reduction to interest expense expected to be reclassified | $ 11,300,000 | |||||||
Non-competition agreements | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 5 years | |||||||
Safe Harbor [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Goodwill | 495,400,000 | |||||||
Safe Harbor [Member] | Trademarks and trade names | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Intangibles related to acquisitions | $ 119,100,000 | |||||||
Safe Harbor and Park Holidays [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Goodwill | $ 1,000,000,000 | |||||||
Safe Harbor and Park Holidays [Member] | Trademarks and trade names | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Intangibles related to acquisitions | 216,600,000 | |||||||
Park Holidays Cash Deposit [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Cash depots in excess of insured amounts | 9,300,000 | £ 7.7 | ||||||
Disposal Group, Not Discontinued Operations [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of properties | property | 1 | |||||||
Other Assets [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Real estate held for sale | 0 | $ 700,000 | ||||||
Other Assets [Member] | Revolving Credit Facility [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Deferred financing costs | $ 13,100,000 | $ 6,400,000 | ||||||
Rental properties [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 10 years | |||||||
Maximum [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Resident balances days past due | 90 days | |||||||
Useful life of assets | 53 years | |||||||
Maximum [Member] | Customer relationships | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 17 years | |||||||
Maximum [Member] | Franchise Agreements and Other Intangible Assets [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 27 years | |||||||
Maximum [Member] | Trademarks and trade names | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 15 years | |||||||
Maximum [Member] | In-place leases | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 13 years | |||||||
Maximum [Member] | Land improvements and buildings [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 53 years | |||||||
Maximum [Member] | Furniture and Fixtures [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 40 years | |||||||
Maximum [Member] | Computer Equipment [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 5 years | |||||||
Maximum [Member] | Building and Building Improvements [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 40 years | |||||||
Maximum [Member] | Land Improvements [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 30 years | |||||||
Minimum [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Resident balances days past due | 60 days | |||||||
Useful life of assets | 2 months | |||||||
Minimum [Member] | Customer relationships | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 4 years | |||||||
Minimum [Member] | Franchise Agreements and Other Intangible Assets [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 1 year | |||||||
Minimum [Member] | Trademarks and trade names | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 3 years | |||||||
Minimum [Member] | In-place leases | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful Life | 2 months | |||||||
Minimum [Member] | Land improvements and buildings [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 15 years | |||||||
Minimum [Member] | Furniture and Fixtures [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 2 years | |||||||
Minimum [Member] | Computer Equipment [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 3 years | |||||||
Minimum [Member] | Building and Building Improvements [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 15 years | |||||||
Minimum [Member] | Land Improvements [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Useful life of assets | 7 years | |||||||
Motor Home Community, RV Resort and Marina [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of properties | property | 669 | |||||||
Marina | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of properties | property | 134 | |||||||
Manufactured home community [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of properties | property | 353 | |||||||
Number of sites | segment | 118,204 | |||||||
RV community [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of properties | property | 182 | |||||||
Annual Rv Sites [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of sites | segment | 30,333 | |||||||
Transient RV site [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of sites | segment | 31,181 | |||||||
Manufactured Home And Rv Community [Member] | ||||||||
Significant Accounting Policies [Line Items] | ||||||||
Number of sites | segment | 47,823 |
Revenue (Details)
Revenue (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disaggregation of Revenue [Line Items] | |||
Real property | $ 1,902.2 | $ 1,598.2 | $ 1,130.1 |
Home sales | 465.8 | 280.2 | 175.7 |
Service, retail, dining and entertainment | 531.6 | 351.8 | 65.2 |
Interest | 35.2 | 12.2 | 10.1 |
Brokerage commissions and other, net | 34.9 | 30.2 | 17.2 |
Revenues | 2,969.7 | 2,272.6 | 1,398.3 |
MH | |||
Disaggregation of Revenue [Line Items] | |||
Revenues | 1,474.7 | 1,082.6 | 919.2 |
RV | |||
Disaggregation of Revenue [Line Items] | |||
Revenues | 706.5 | 624.6 | 431.2 |
Marina | |||
Disaggregation of Revenue [Line Items] | |||
Revenues | 788.5 | 565.4 | 47.9 |
Real Property [Member] | |||
Disaggregation of Revenue [Line Items] | |||
Real property | 1,902.2 | 1,598.2 | 1,130.1 |
Real Property [Member] | MH | |||
Disaggregation of Revenue [Line Items] | |||
Real property | 954.2 | 805.4 | 742.4 |
Real Property [Member] | RV | |||
Disaggregation of Revenue [Line Items] | |||
Real property | 563.3 | 499.5 | 359.5 |
Real Property [Member] | Marina | |||
Disaggregation of Revenue [Line Items] | |||
Real property | 384.7 | 293.3 | 28.2 |
Home Sales [Member] | |||
Disaggregation of Revenue [Line Items] | |||
Home sales | 465.8 | 280.2 | 175.7 |
Home Sales [Member] | MH | |||
Disaggregation of Revenue [Line Items] | |||
Home sales | 428.3 | 247.1 | 154 |
Home Sales [Member] | RV | |||
Disaggregation of Revenue [Line Items] | |||
Home sales | 37.5 | 33.1 | 21.7 |
Home Sales [Member] | Marina | |||
Disaggregation of Revenue [Line Items] | |||
Home sales | 0 | 0 | 0 |
Service, retail, dining and entertainment [Member] | |||
Disaggregation of Revenue [Line Items] | |||
Service, retail, dining and entertainment | 531.6 | 351.8 | 65.2 |
Service, retail, dining and entertainment [Member] | MH | |||
Disaggregation of Revenue [Line Items] | |||
Service, retail, dining and entertainment | 40.3 | 7.2 | 5.9 |
Service, retail, dining and entertainment [Member] | RV | |||
Disaggregation of Revenue [Line Items] | |||
Service, retail, dining and entertainment | 89.1 | 73.8 | 39.9 |
Service, retail, dining and entertainment [Member] | Marina | |||
Disaggregation of Revenue [Line Items] | |||
Service, retail, dining and entertainment | 402.2 | 270.8 | 19.4 |
Interest [Member] | |||
Disaggregation of Revenue [Line Items] | |||
Interest | 35.2 | 12.2 | 10.1 |
Interest [Member] | MH | |||
Disaggregation of Revenue [Line Items] | |||
Interest | 32.1 | 10 | 8.3 |
Interest [Member] | RV | |||
Disaggregation of Revenue [Line Items] | |||
Interest | 2.9 | 2.2 | 1.8 |
Interest [Member] | Marina | |||
Disaggregation of Revenue [Line Items] | |||
Interest | 0.2 | 0 | 0 |
Brokerage commissions and other, net [Member] | |||
Disaggregation of Revenue [Line Items] | |||
Brokerage commissions and other, net | 34.9 | 30.2 | 17.2 |
Brokerage commissions and other, net [Member] | MH | |||
Disaggregation of Revenue [Line Items] | |||
Brokerage commissions and other, net | 19.8 | 12.9 | 8.6 |
Brokerage commissions and other, net [Member] | RV | |||
Disaggregation of Revenue [Line Items] | |||
Brokerage commissions and other, net | 13.7 | 16 | 8.3 |
Brokerage commissions and other, net [Member] | Marina | |||
Disaggregation of Revenue [Line Items] | |||
Brokerage commissions and other, net | $ 1.4 | $ 1.3 | $ 0.3 |
Real Estate Acquisitions and _3
Real Estate Acquisitions and Dispositions, Schedule Of Acquisitions (Details) | 3 Months Ended | 12 Months Ended | |||
Dec. 31, 2022 segment manufactured_home | Dec. 31, 2022 property segment manufactured_home | Dec. 31, 2021 site segment development_site | Dec. 31, 2022 site | Dec. 31, 2022 development_site | |
Business Acquisition [Line Items] | |||||
Number of sites | 227,541 | 227,541 | 15,816 | 24,347 | |
Development Sites | development_site | 1,062 | 2,655 | |||
Number of MH communities | segment | 9 | ||||
Number of managed properties | property | 2 | ||||
Number of properties | property | 2 | ||||
Number of marinas owned | segment | 2 | ||||
Number of RV resorts | segment | 2 | ||||
Jarrett Bay Boatworks | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 12 | ||||
Development Sites | development_site | 0 | ||||
Park Holidays [Member] | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 15,906 | ||||
Development Sites | 608 | ||||
Number of MH communities | manufactured_home | 40 | ||||
Bluewater Yacht Sales | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 0 | ||||
Development Sites | 0 | ||||
Park Leisure | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 2,914 | ||||
Development Sites | 123 | ||||
Number of MH communities | manufactured_home | 11 | ||||
Callaly Leisure | |||||
Business Acquisition [Line Items] | |||||
Number of development sites | development_site | 1 | ||||
Cabrillo Isle | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 476 | ||||
Development Sites | development_site | 0 | ||||
Emerald Coast | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 311 | ||||
Development Sites | development_site | 0 | ||||
Harrison Yacht Yard | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 21 | ||||
Development Sites | development_site | 0 | ||||
Outer Banks | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 196 | ||||
Development Sites | development_site | 0 | ||||
Tower Marine | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 446 | ||||
Development Sites | development_site | 0 | ||||
Sandy Bay | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 730 | ||||
Development Sites | development_site | 456 | ||||
Christies Parks | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 249 | ||||
Development Sites | 0 | ||||
Bluewater | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 200 | ||||
Development Sites | 0 | ||||
Bodmin Holiday Park | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 69 | ||||
Development Sites | 0 | ||||
Kittery Point | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 62 | ||||
Development Sites | 0 | ||||
Spanish Trails MHC | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 195 | ||||
Development Sites | 6 | ||||
Pine Acre Trails | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 251 | ||||
Development Sites | 603 | ||||
Bel Air Estates & Sunrise Estates | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 379 | ||||
Development Sites | 0 | ||||
Montauk Yacht Club | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 232 | ||||
Development Sites | 0 | ||||
Callaly Leisure | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 380 | ||||
Development Sites | 823 | ||||
Newhaven | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 224 | ||||
Development Sites | 14 | ||||
Bayfront Marina | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 583 | ||||
Development Sites | 0 | ||||
Marina Bay Yacht Harbor | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 800 | ||||
Development Sites | 0 | ||||
Jellystone Lincoln | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 267 | ||||
Development Sites | 0 | ||||
Norway Commons | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 231 | ||||
Development Sites | 22 | ||||
Sun Outdoors Association Island | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 294 | ||||
Development Sites | 0 | ||||
Blue Water Beach Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 177 | ||||
Development Sites | development_site | 0 | ||||
Tranquility MHC | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 25 | ||||
Development Sites | development_site | 0 | ||||
Islamorada and Angler House | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 251 | ||||
Development Sites | development_site | 0 | ||||
Prime Martha's Vineyard | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 395 | ||||
Development Sites | development_site | 0 | ||||
Pleasant Beach Campground | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 102 | ||||
Development Sites | development_site | 0 | ||||
Sun Outdoors Cape Charles | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 669 | ||||
Development Sites | development_site | 0 | ||||
Beachwood Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 672 | ||||
Development Sites | development_site | 0 | ||||
ThemeWorld RV Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 148 | ||||
Development Sites | development_site | 0 | ||||
Sylvan Glen Estates | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 476 | ||||
Development Sites | development_site | 0 | ||||
Shelter Island Boatyard | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 52 | ||||
Development Sites | development_site | 0 | ||||
Lauderdale Marine Center | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 206 | ||||
Development Sites | development_site | 0 | ||||
Apponaug Harbor | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 348 | ||||
Development Sites | development_site | 0 | ||||
Marathon Marina | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 135 | ||||
Development Sites | development_site | 0 | ||||
Allen Harbor | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 176 | ||||
Development Sites | development_site | 0 | ||||
Cisco Grove Campground & RV | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 18 | ||||
Development Sites | development_site | 407 | ||||
Four Leaf Portfolio | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 2,545 | ||||
Development Sites | development_site | 340 | ||||
Harborage Yacht Club | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 300 | ||||
Development Sites | development_site | 0 | ||||
Zeman Portfolio | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 686 | ||||
Development Sites | development_site | 0 | ||||
Southern Leisure RV Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 496 | ||||
Development Sites | development_site | 0 | ||||
Sunroad Marina | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 617 | ||||
Development Sites | development_site | 0 | ||||
Lazy Lakes RV Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 99 | ||||
Development Sites | development_site | 0 | ||||
Puerto del Rey | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 1,746 | ||||
Development Sites | development_site | 0 | ||||
Stingray Point | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 222 | ||||
Development Sites | development_site | 0 | ||||
Detroit River | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 440 | ||||
Development Sites | development_site | 0 | ||||
Jetstream RV Resort at NASA | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 202 | ||||
Development Sites | development_site | 0 | ||||
Beaver Brook Campground | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 204 | ||||
Development Sites | development_site | 150 | ||||
Tall Pines Harbor Campground | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 241 | ||||
Development Sites | development_site | 0 | ||||
Sun Outdoors Wells Beach | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 231 | ||||
Development Sites | development_site | 0 | ||||
Port Royal | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 167 | ||||
Development Sites | development_site | 0 | ||||
Podickory Point | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 209 | ||||
Development Sites | development_site | 0 | ||||
Sunroad Marina (restaurant) | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 0 | ||||
Development Sites | development_site | 0 | ||||
Jellystone Park at Mammoth Cave | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 315 | ||||
Development Sites | development_site | 0 | ||||
South Bay | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 333 | ||||
Development Sites | development_site | 0 | ||||
Wentworth by the Sea | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 155 | ||||
Development Sites | development_site | 0 | ||||
Rocky Mountain RV Park | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 75 | ||||
Development Sites | development_site | 0 | ||||
Haas Lake RV Park Campground | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 492 | ||||
Development Sites | development_site | 0 | ||||
Pearwood RV Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 144 | ||||
Development Sites | development_site | 0 | ||||
Holly Shores Camping Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 310 | ||||
Development Sites | development_site | 0 | ||||
Pheasant Ridge RV Park | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 130 | ||||
Development Sites | development_site | 0 | ||||
Coyote Ranch Resort | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 165 | ||||
Development Sites | development_site | 165 | ||||
Jellystone Park at Whispering Pines | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 131 | ||||
Development Sites | development_site | 0 | ||||
Hospitality Creek Campground | |||||
Business Acquisition [Line Items] | |||||
Number of sites | 230 | ||||
Development Sites | development_site | 0 |
Real Estate Acquisitions and _4
Real Estate Acquisitions and Dispositions, Schedule Of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | |
Dec. 31, 2022 | Mar. 31, 2022 | Sep. 30, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
Business Acquisition [Line Items] | |||||
Business combinations, investment in property | $ 1,302,100 | ||||
Business combinations, inventory of manufactured homes boat parts and retail related items | 4,000 | ||||
Business combinations, goodwill and other intangible assets | 71,000 | ||||
Business combinations, other assets / (liabilities), net | (38,800) | ||||
Total identifiable assets and liabilities assumed | 1,415,900 | ||||
Business combinations, temporary and permanent equity | 27,600 | ||||
Business combinations, total consideration | 1,415,900 | ||||
Investment in property | $ 2,297,500 | $ 2,297,500 | |||
Inventory of manufactured homes, boat parts and retail related items | 45,000 | 45,000 | |||
Goodwill and other intangible assets | 667,600 | 667,600 | |||
Other assets / (liabilities), net | (824,100) | (824,100) | |||
Total identifiable assets acquired net of liabilities assumed | 2,186,000 | 2,186,000 | |||
Cash and escrow | 2,148,300 | 1,388,300 | |||
Temporary and permanent equity | 37,700 | ||||
Total consideration | 2,186,000 | ||||
Loan balance | 7,235,100 | 7,235,100 | |||
Secured debt total | |||||
Business Acquisition [Line Items] | |||||
Loan balance | 3,232,300 | 3,232,300 | |||
Secured debt total | Blue Water Loan | |||||
Business Acquisition [Line Items] | |||||
Loan balance | 12,900 | 12,900 | |||
Forgiveness of remaining loan balance | 7,900 | ||||
Jarrett Bay Boatworks | |||||
Business Acquisition [Line Items] | |||||
Business combinations, investment in property | 21,300 | 21,300 | |||
Business combinations, inventory of manufactured homes boat parts and retail related items | 1,400 | 1,400 | |||
Business combinations, goodwill and other intangible assets | 47,500 | 47,500 | |||
Business combinations, other assets / (liabilities), net | (1,000) | (1,000) | |||
Total identifiable assets and liabilities assumed | 71,200 | 71,200 | |||
Business combinations, cash and escrow | 68,400 | ||||
Business combinations, temporary and permanent equity | 2,800 | ||||
Business combinations, total consideration | 71,200 | ||||
Park Holidays [Member] | |||||
Business Acquisition [Line Items] | |||||
Business combinations, investment in property | 1,254,700 | 1,254,700 | |||
Business combinations, inventory of manufactured homes boat parts and retail related items | 29,500 | 29,500 | |||
Business combinations, goodwill and other intangible assets | 574,500 | 574,500 | |||
Business combinations, other assets / (liabilities), net | (624,900) | (624,900) | |||
Total identifiable assets and liabilities assumed | 1,233,800 | 1,233,800 | |||
Business combinations, cash and escrow | 1,199,900 | ||||
Business combinations, temporary and permanent equity | 33,900 | ||||
Business combinations, total consideration | 1,233,800 | ||||
Acquired intangible assets subject to amortization | $ 70,200 | ||||
Acquired intangible assets weighted average amortization period | 14 years 7 months 6 days | ||||
Montauk Yacht Club | |||||
Business Acquisition [Line Items] | |||||
Business combinations, investment in property | 163,600 | $ 163,600 | |||
Business combinations, inventory of manufactured homes boat parts and retail related items | 300 | 300 | |||
Business combinations, goodwill and other intangible assets | 26,300 | 26,300 | |||
Business combinations, other assets / (liabilities), net | (300) | (300) | |||
Total identifiable assets and liabilities assumed | 190,500 | 190,500 | |||
Business combinations, cash and escrow | 190,500 | ||||
Business combinations, temporary and permanent equity | 0 | ||||
Business combinations, total consideration | 190,500 | ||||
Cabrillo Isle | |||||
Business Acquisition [Line Items] | |||||
Cash and escrow | $ (47,000) | ||||
Business combinations, investment in property | 37,600 | ||||
Business combinations, inventory of manufactured homes boat parts and retail related items | 0 | ||||
Business combinations, goodwill and other intangible assets | 10,100 | ||||
Business combinations, other assets / (liabilities), net | (700) | ||||
Total identifiable assets and liabilities assumed | 47,000 | ||||
Business combinations, temporary and permanent equity | 0 | ||||
Business combinations, total consideration | 47,000 | ||||
Emerald Coast | |||||
Business Acquisition [Line Items] | |||||
Cash and escrow | (53,000) | ||||
Business combinations, investment in property | 9,000 | ||||
Business combinations, inventory of manufactured homes boat parts and retail related items | 2,700 | ||||
Business combinations, goodwill and other intangible assets | 41,900 | ||||
Business combinations, other assets / (liabilities), net | (600) | ||||
Total identifiable assets and liabilities assumed | 53,000 | ||||
Business combinations, temporary and permanent equity | 0 | ||||
Business combinations, total consideration | 53,000 | ||||
Leisure Systems, Inc. | |||||
Business Acquisition [Line Items] | |||||
Cash and escrow | $ (21,700) | ||||
Business combinations, investment in property | 0 | ||||
Business combinations, inventory of manufactured homes boat parts and retail related items | 0 | ||||
Business combinations, goodwill and other intangible assets | 24,000 | ||||
Business combinations, other assets / (liabilities), net | (2,300) | ||||
Total identifiable assets and liabilities assumed | 21,700 | ||||
Business combinations, temporary and permanent equity | 0 | ||||
Business combinations, total consideration | $ 21,700 | ||||
Park Leisure | |||||
Business Acquisition [Line Items] | |||||
Business combinations, investment in property | 342,700 | 342,700 | |||
Business combinations, inventory of manufactured homes boat parts and retail related items | 700 | 700 | |||
Business combinations, goodwill and other intangible assets | 15,100 | 15,100 | |||
Business combinations, other assets / (liabilities), net | (132,700) | (132,700) | |||
Total identifiable assets and liabilities assumed | 225,800 | 225,800 | |||
Business combinations, cash and escrow | 225,800 | ||||
Business combinations, temporary and permanent equity | 0 | ||||
Business combinations, total consideration | 225,800 | ||||
Harrison Yacht Yard | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 5,800 | 5,800 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 5,800 | 5,800 | |||
Asset acquisitions, cash in escrow | 5,800 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 5,800 | ||||
Outer Banks | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 5,200 | 5,200 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | (400) | (400) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 4,800 | 4,800 | |||
Asset acquisitions, cash in escrow | 4,800 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 4,800 | ||||
Tower Marine | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 20,200 | 20,200 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 200 | 200 | |||
Asset acquisitions, other assets / (liabilities), net | (2,100) | (2,100) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 18,300 | 18,300 | |||
Asset acquisitions, cash in escrow | 18,300 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 18,300 | ||||
Sandy Bay | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 247,900 | 247,900 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 9,400 | 9,400 | |||
Asset acquisitions, goodwill and other intangible assets | 2,100 | 2,100 | |||
Asset acquisitions, other assets / (liabilities), net | (68,300) | (68,300) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 191,100 | 191,100 | |||
Asset acquisitions, cash in escrow | 191,100 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 191,100 | ||||
Christies Parks | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 10,100 | 10,100 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | (2,100) | (2,100) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 12,200 | 12,200 | |||
Asset acquisitions, cash in escrow | 12,200 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 12,200 | ||||
Bluewater | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 25,300 | 25,300 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 1,300 | 1,300 | |||
Asset acquisitions, goodwill and other intangible assets | 100 | 100 | |||
Asset acquisitions, other assets / (liabilities), net | (1,300) | (1,300) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 28,000 | 28,000 | |||
Asset acquisitions, cash in escrow | 28,000 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 28,000 | ||||
Bodmin Holiday Park | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 13,100 | 13,100 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 13,100 | 13,100 | |||
Asset acquisitions, cash in escrow | 13,100 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 13,100 | ||||
Kittery Point | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 8,000 | 8,000 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 100 | 100 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | (100) | (100) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 8,000 | 8,000 | |||
Asset acquisitions, cash in escrow | 7,000 | ||||
Asset acquisitions, temporary and permanent equity | 1,000 | ||||
Asset acquisitions, total consideration | 8,000 | ||||
Spanish Trails MHC | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 20,600 | 20,600 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 1,800 | 1,800 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 22,400 | 22,400 | |||
Asset acquisitions, cash in escrow | 22,400 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 22,400 | ||||
Pine Acre Trails | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 29,700 | 29,700 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 29,700 | 29,700 | |||
Asset acquisitions, cash in escrow | 29,700 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 29,700 | ||||
Bel Air Estates & Sunrise Estates | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 39,300 | 39,300 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 700 | 700 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 40,000 | 40,000 | |||
Asset acquisitions, cash in escrow | 40,000 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 40,000 | ||||
Callaly Leisure | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 23,800 | 23,800 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 100 | 100 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | (300) | (300) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 23,600 | 23,600 | |||
Asset acquisitions, cash in escrow | 23,600 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 23,600 | ||||
Newhaven | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 6,200 | 6,200 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 6,200 | 6,200 | |||
Asset acquisitions, cash in escrow | 6,200 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 6,200 | ||||
Bayfront Marina | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 11,300 | 11,300 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 900 | 900 | |||
Asset acquisitions, other assets / (liabilities), net | (500) | (500) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 11,700 | 11,700 | |||
Asset acquisitions, cash in escrow | 11,700 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 11,700 | ||||
Marina Bay Yacht Harbor | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 16,200 | 16,200 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 200 | 200 | |||
Asset acquisitions, other assets / (liabilities), net | (700) | (700) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 15,700 | 15,700 | |||
Asset acquisitions, cash in escrow | 15,700 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 15,700 | ||||
Jellystone Lincoln | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 17,000 | 17,000 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | 0 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | (1,200) | (1,200) | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 18,200 | 18,200 | |||
Asset acquisitions, cash in escrow | 18,200 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 17,000 | 18,200 | |||
Purchase and sale agreement, cash consideration payment | 5,000 | ||||
Consideration transferred, loaned amount | 3,700 | ||||
Additional consideration transferred for vacation rental units | 400 | ||||
Norway Commons | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 15,500 | 15,500 | |||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 400 | 400 | |||
Asset acquisitions, goodwill and other intangible assets | 0 | 0 | |||
Asset acquisitions, other assets / (liabilities), net | 0 | 0 | |||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 15,900 | 15,900 | |||
Asset acquisitions, cash in escrow | 15,900 | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 15,900 | ||||
Bluewater Yacht Sales | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 100 | 100 | |||
Asset acquisitions, goodwill and other intangible assets | 17,600 | 17,600 | |||
Asset acquisitions, other assets / (liabilities), net | $ (400) | $ (400) | |||
Sun Outdoors Association Island | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 15,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (200) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 14,800 | ||||
Cash and escrow | (14,800) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 14,800 | ||||
Blue Water Beach Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 9,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (300) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 8,700 | ||||
Cash and escrow | (8,700) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 8,700 | ||||
Tranquility MHC | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 1,200 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 1,200 | ||||
Cash and escrow | (1,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 1,200 | ||||
Islamorada and Angler House | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 18,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 300 | ||||
Asset acquisitions, other assets / (liabilities), net | (300) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 18,000 | ||||
Cash and escrow | (18,000) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 18,000 | ||||
Prime Martha's Vineyard | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 22,300 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 200 | ||||
Asset acquisitions, goodwill and other intangible assets | 100 | ||||
Asset acquisitions, other assets / (liabilities), net | (700) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 21,900 | ||||
Cash and escrow | (21,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 21,900 | ||||
Pleasant Beach Campground | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 1,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 100 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 1,600 | ||||
Cash and escrow | (1,600) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 1,600 | ||||
Sun Outdoors Cape Charles | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 59,700 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 200 | ||||
Asset acquisitions, other assets / (liabilities), net | (2,000) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 57,900 | ||||
Cash and escrow | (57,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 57,900 | ||||
Beachwood Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 14,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 200 | ||||
Asset acquisitions, other assets / (liabilities), net | (7,600) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 6,600 | ||||
Cash and escrow | (6,600) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 6,600 | ||||
ThemeWorld RV Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 25,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (100) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 24,900 | ||||
Cash and escrow | (24,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 24,900 | ||||
Sylvan Glen Estates | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 23,600 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 500 | ||||
Asset acquisitions, other assets / (liabilities), net | (300) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 23,800 | ||||
Cash and escrow | (200) | ||||
Asset acquisitions, temporary and permanent equity | 24,000 | ||||
Asset acquisitions, total consideration | 23,800 | ||||
Shelter Island Boatyard | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 9,600 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 100 | ||||
Asset acquisitions, goodwill and other intangible assets | 400 | ||||
Asset acquisitions, other assets / (liabilities), net | (100) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 10,000 | ||||
Cash and escrow | (10,000) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 10,000 | ||||
Lauderdale Marine Center | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 336,900 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 3,300 | ||||
Asset acquisitions, other assets / (liabilities), net | (1,000) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 341,200 | ||||
Cash and escrow | (341,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 341,200 | ||||
Apponaug Harbor | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 6,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 100 | ||||
Asset acquisitions, other assets / (liabilities), net | (700) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 5,900 | ||||
Cash and escrow | (5,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 5,900 | ||||
Marathon Marina | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 19,100 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 300 | ||||
Asset acquisitions, other assets / (liabilities), net | (200) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 19,200 | ||||
Cash and escrow | (19,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 19,200 | ||||
Allen Harbor | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 4,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (100) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 3,900 | ||||
Cash and escrow | (3,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 3,900 | ||||
Cisco Grove Campground & RV | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 6,600 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 6,600 | ||||
Cash and escrow | (6,600) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 6,600 | ||||
Four Leaf Portfolio | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 210,700 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 300 | ||||
Asset acquisitions, goodwill and other intangible assets | 4,000 | ||||
Asset acquisitions, other assets / (liabilities), net | (500) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 214,500 | ||||
Cash and escrow | (214,500) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 214,500 | ||||
Harborage Yacht Club | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 17,300 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 100 | ||||
Asset acquisitions, goodwill and other intangible assets | 4,700 | ||||
Asset acquisitions, other assets / (liabilities), net | (500) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 21,600 | ||||
Cash and escrow | (21,600) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 21,600 | ||||
Zeman Portfolio | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 14,200 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 700 | ||||
Asset acquisitions, other assets / (liabilities), net | (500) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 14,400 | ||||
Cash and escrow | (14,400) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 14,400 | ||||
Southern Leisure RV Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 17,400 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 300 | ||||
Asset acquisitions, other assets / (liabilities), net | (300) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 17,400 | ||||
Cash and escrow | (17,400) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 17,400 | ||||
Sunroad Marina | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 47,800 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 500 | ||||
Asset acquisitions, other assets / (liabilities), net | 65,000 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 113,300 | ||||
Cash and escrow | (113,300) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 113,300 | ||||
Lazy Lakes RV Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 11,300 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (100) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 11,200 | ||||
Cash and escrow | (11,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 11,200 | ||||
Puerto del Rey | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 94,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 500 | ||||
Asset acquisitions, goodwill and other intangible assets | 1,000 | ||||
Asset acquisitions, other assets / (liabilities), net | (4,100) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 91,900 | ||||
Cash and escrow | (91,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 91,900 | ||||
Stingray Point | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 2,900 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (300) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 2,600 | ||||
Cash and escrow | (2,600) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 2,600 | ||||
Kean's Marina | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 8,700 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 200 | ||||
Asset acquisitions, other assets / (liabilities), net | (600) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 8,300 | ||||
Cash and escrow | (8,300) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 8,300 | ||||
Jetstream RV Resort at NASA | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 17,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 500 | ||||
Asset acquisitions, other assets / (liabilities), net | (200) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 17,300 | ||||
Cash and escrow | (17,300) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 17,300 | ||||
Beaver Brook Campground | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 4,400 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 100 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 4,500 | ||||
Cash and escrow | (4,500) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 4,500 | ||||
Tall Pines Harbor Campground | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 10,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 10,500 | ||||
Cash and escrow | (10,500) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 10,500 | ||||
Sun Outdoors Wells Beach | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 12,200 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 12,200 | ||||
Cash and escrow | (12,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 12,200 | ||||
Port Royal | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 20,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 100 | ||||
Asset acquisitions, other assets / (liabilities), net | (300) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 20,300 | ||||
Cash and escrow | (20,300) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 20,300 | ||||
Podickory Point | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 3,300 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (200) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 3,100 | ||||
Cash and escrow | (3,100) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 3,100 | ||||
Jellystone Park at Mammoth Cave | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 32,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (600) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 31,900 | ||||
Cash and escrow | (31,900) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 31,900 | ||||
South Bay | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 14,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 200 | ||||
Asset acquisitions, other assets / (liabilities), net | (2,500) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 11,700 | ||||
Cash and escrow | (11,700) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 11,700 | ||||
Wentworth by the Sea | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 14,100 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 100 | ||||
Asset acquisitions, goodwill and other intangible assets | 100 | ||||
Asset acquisitions, other assets / (liabilities), net | (1,100) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 13,200 | ||||
Cash and escrow | (13,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 13,200 | ||||
Rocky Mountain RV Park | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 12,500 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 12,500 | ||||
Cash and escrow | (12,500) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 12,500 | ||||
Haas Lake RV Park Campground | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 20,100 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 20,100 | ||||
Cash and escrow | (16,500) | ||||
Asset acquisitions, temporary and permanent equity | 3,600 | ||||
Asset acquisitions, total consideration | 20,100 | ||||
Pearwood RV Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 10,200 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 10,200 | ||||
Cash and escrow | (10,200) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 10,200 | ||||
Holly Shores Camping Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 27,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 500 | ||||
Asset acquisitions, other assets / (liabilities), net | (500) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 27,000 | ||||
Cash and escrow | (27,000) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 27,000 | ||||
Pheasant Ridge RV Park | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 19,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | 0 | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 19,000 | ||||
Cash and escrow | (19,000) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 19,000 | ||||
Coyote Ranch Resort | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 12,600 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (200) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 12,400 | ||||
Cash and escrow | (12,400) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 12,400 | ||||
Jellystone Park at Whispering Pines | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 13,800 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 0 | ||||
Asset acquisitions, other assets / (liabilities), net | (200) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 13,600 | ||||
Cash and escrow | (13,600) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | 13,600 | ||||
Hospitality Creek Campground | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, investment in property | 15,000 | ||||
Asset acquisitions, inventory of manufactured homes, boat parts and retail related items | 0 | ||||
Asset acquisitions, goodwill and other intangible assets | 600 | ||||
Asset acquisitions, other assets / (liabilities), net | (600) | ||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 15,000 | ||||
Cash and escrow | (15,000) | ||||
Asset acquisitions, temporary and permanent equity | 0 | ||||
Asset acquisitions, total consideration | $ 15,000 | ||||
Sunroad Marina and Restaurant | Investment Property | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | 9,200 | ||||
Sunroad Marina and Restaurant | Other Assets and Liabilities | |||||
Business Acquisition [Line Items] | |||||
Asset acquisitions, Total indemnifiable assets acquired net of liabilities assumed | $ 21,000 |
Real Estate Acquisitions and _5
Real Estate Acquisitions and Dispositions, Narrative (Details) $ in Millions | 3 Months Ended | 12 Months Ended | |||||||||
Aug. 18, 2021 USD ($) site development_site | Jul. 02, 2021 USD ($) development_site site | Dec. 31, 2022 USD ($) | Jun. 30, 2022 USD ($) development_site | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) development_site landParcel | Dec. 31, 2021 USD ($) site landParcel | Dec. 31, 2020 USD ($) | Dec. 31, 2022 segment | Dec. 31, 2022 site | Dec. 31, 2022 development_site | |
Business Acquisition [Line Items] | |||||||||||
Transaction costs | $ 19.2 | $ 19.2 | $ 18 | ||||||||
Business combinations | $ 24.7 | $ 1.4 | $ 23 | ||||||||
Number of land parcels | landParcel | 6 | 11 | |||||||||
Payments to acquire land | $ 26.2 | $ 172.8 | |||||||||
Number of sites | 15,816 | 227,541 | 24,347 | ||||||||
Gain on dispositions of properties | 12.2 | $ 108.1 | $ 5.6 | ||||||||
Cabrillo Isle and Emerald Coast [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Business combinations | $ 1.4 | ||||||||||
The Sands RV & Golf Course [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Number of sites | development_site | 514 | ||||||||||
Proceeds from sale of real estate | 15 | ||||||||||
Gain on dispositions of properties | $ 0.8 | ||||||||||
Southern Pines [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Proceeds from sale of real estate | $ 29.5 | ||||||||||
Gain on dispositions of properties | $ 13.3 | ||||||||||
Number of properties sold | development_site | 2 | ||||||||||
New Ranch [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Proceeds from sale of real estate | $ 29.5 | ||||||||||
Gain on dispositions of properties | $ 13.3 | ||||||||||
Number of properties sold | development_site | 2 | ||||||||||
Country Squire [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Number of sites | development_site | 323 | ||||||||||
Proceeds from sale of real estate | $ 29.5 | ||||||||||
Gain on dispositions of properties | $ 13.3 | ||||||||||
Number of properties sold | development_site | 1 | ||||||||||
Pin Oak [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Gain on dispositions of properties | $ 49.4 | ||||||||||
Number of properties sold | development_site | 2 | ||||||||||
Number of housing sites sold | site | 677 | ||||||||||
Value of house sits sold | $ 67.5 | ||||||||||
Deerfield Run [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Gain on dispositions of properties | $ 49.4 | ||||||||||
Number of properties sold | development_site | 2 | ||||||||||
Value of house sits sold | $ 67.5 | ||||||||||
Verde Plaza [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Gain on dispositions of properties | $ 58.7 | ||||||||||
Number of properties sold | development_site | 4 | ||||||||||
Number of housing sites sold | site | 1,137 | ||||||||||
Value of house sits sold | $ 94.6 | ||||||||||
Fiesta Village [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Gain on dispositions of properties | $ 58.7 | ||||||||||
Number of properties sold | development_site | 4 | ||||||||||
Value of house sits sold | $ 94.6 | ||||||||||
Southfork [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Gain on dispositions of properties | $ 58.7 | ||||||||||
Number of properties sold | development_site | 4 | ||||||||||
Value of house sits sold | $ 94.6 | ||||||||||
Candlelight Village [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Gain on dispositions of properties | $ 58.7 | ||||||||||
Number of properties sold | development_site | 4 | ||||||||||
Value of house sits sold | $ 94.6 | ||||||||||
Marina | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Number of land parcels | development_site | 2 | ||||||||||
Payments to acquire land | $ 13.9 | ||||||||||
Cabrillo Isle and Emerald Coast [Member] | |||||||||||
Business Acquisition [Line Items] | |||||||||||
Business combinations | $ 24.7 |
Real Estate Acquisitions and _6
Real Estate Acquisitions and Dispositions, Pro Forma (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Business Acquisition [Line Items] | ||||
Revenues | $ 2,969,700 | $ 2,272,600 | $ 1,398,300 | |
Net income attributable to Sun Communities, Inc. common stockholders | 242,000 | 380,200 | $ 131,600 | |
Revenue | $ 2,330,000 | 3,091,300 | 2,726,400 | |
Net income | $ 390,900 | $ 241,200 | $ 440,500 | |
Net income per share attributable to SUI common shareholders - basic | $ 3.47 | $ 1.99 | $ 3.89 | |
Net income per share attributable to SUI common shareholders - diluted | $ 3.40 | $ 1.99 | $ 3.88 | |
Cabrillo Isle and Emerald Coast [Member] | ||||
Business Acquisition [Line Items] | ||||
Revenues | $ 6,400 | $ 353,600 | ||
Net income attributable to Sun Communities, Inc. common stockholders | $ 500 | $ 13,800 |
Notes And Other Receivables, Sc
Notes And Other Receivables, Schedule of notes and other receivables (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Notes and other receivables, net | $ 617.3 | $ 469.6 |
Installment notes receivable on manufactured homes, net | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Notes and other receivables, net | 65.9 | 79.1 |
Notes receivable from real estate developers and operators | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Notes and other receivables, net | 305.2 | 284 |
Other receivables, net | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Notes and other receivables, net | 246.2 | 106.5 |
Total Notes and Other Receivables, net | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
Notes and other receivables, net | $ 617.3 | $ 469.6 |
Notes And Other Receivables, Na
Notes And Other Receivables, Narrative (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Feb. 23, 2023 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Notes and other receivables, net | $ 617.3 | $ 469.6 | |
Undrawn funds | 47.4 | ||
Subsequent Event [Member] | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Notes and other receivables, net | $ 217.6 | ||
Installment notes receivable on manufactured homes, net | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Notes and other receivables, net | 65.9 | 79.1 | |
Fair value adjustment | $ (1.4) | $ (0.6) | |
Weighted average interest rate | 7.60% | 7.60% | |
Maturity | 13 years 9 months 18 days | 14 years 8 months 12 days | |
Notes receivable from real estate developers and operators | |||
Accounts, Notes, Loans and Financing Receivable [Line Items] | |||
Notes and other receivables, net | $ 305.2 | $ 284 | |
Weighted average interest rate | 13.10% | 7.20% | |
Maturity | 9 months 18 days | 10 months 24 days |
Notes And Other Receivables, _2
Notes And Other Receivables, Schedule of Other Investments (Details) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Jan. 31, 2022 | Dec. 31, 2021 | Nov. 13, 2021 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Insurance receivables | $ 78.5 | $ 9 | ||
MH and annual RV residents for rent, utility charges, fees and other pass-through charges, net | 61.5 | 10 | ||
Marina customers for storage, service and lease payments, net | 40 | 29.3 | ||
Home sale proceeds | 28.9 | 33.5 | ||
Other receivables | 37.3 | 24.7 | ||
Total Other Receivables, net | 246.2 | 106.5 | ||
Allowances | $ 5.9 | 5.5 | ||
Principal amount | $ 1,200 | |||
Drawn period | 3 years | |||
Notes and other receivables, net | $ 617.3 | $ 469.6 | ||
RezPlot [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Ownership interest | 48.90% | 49.20% | ||
Principal amount | $ 10 | $ 5 | ||
Interest Rate | 3% | |||
Notes and other receivables, net | $ 12.7 | $ 10.2 | ||
Marina | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Allowances | $ 2.2 | $ 1.5 |
Goodwill and Other Intangible_3
Goodwill and Other Intangible Assets, Schedule of Goodwill (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Goodwill [Line Items] | |||
Goodwill | $ 1,018.4 | $ 495.4 | $ 428.8 |
Acquisitions | 516 | 36.8 | |
Currency Translation Adjustment | (36.7) | ||
Other | 43.7 | 29.8 | |
MH | |||
Goodwill [Line Items] | |||
Goodwill | 467.4 | 0 | 0 |
Acquisitions | 465 | 0 | |
Currency Translation Adjustment | (36.7) | ||
Other | 39.1 | 0 | |
RV | |||
Goodwill [Line Items] | |||
Goodwill | 9.5 | 0 | 0 |
Acquisitions | 9.5 | 0 | |
Currency Translation Adjustment | 0 | ||
Other | 0 | 0 | |
Marina | |||
Goodwill [Line Items] | |||
Goodwill | 541.5 | 495.4 | $ 428.8 |
Acquisitions | 41.5 | 36.8 | |
Currency Translation Adjustment | 0 | ||
Other | $ 4.6 | $ 29.8 |
Goodwill and Other Intangible_4
Goodwill and Other Intangible Assets, Schedule of Other Intangible Assets (Details) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Finite-lived intangible assets, gross carrying amount | $ 437.2 | $ 331.9 |
Accumulated Amortization | (178.6) | (141.8) |
Indefinite-lived intangible assets | 143.4 | 116.7 |
Total | 580.6 | 448.6 |
Trademarks and trade names | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Indefinite-lived intangible assets | 140.9 | 114.2 |
Indefinite-lived assets - Other | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Indefinite-lived intangible assets | 2.5 | 2.5 |
In-place leases | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Finite-lived intangible assets, gross carrying amount | 165.7 | 162.6 |
Accumulated Amortization | $ (135.4) | (120.8) |
Non-competition agreements | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 5 years | |
Finite-lived intangible assets, gross carrying amount | $ 10.5 | 10 |
Accumulated Amortization | (4.1) | (2) |
Trademarks and trade names | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Finite-lived intangible assets, gross carrying amount | 81.2 | 5.8 |
Accumulated Amortization | (5.5) | (0.9) |
Customer relationships | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Finite-lived intangible assets, gross carrying amount | 131.5 | 122.4 |
Accumulated Amortization | (24.7) | (12.3) |
Franchise agreements and other intangible assets | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Finite-lived intangible assets, gross carrying amount | 48.3 | 31.1 |
Accumulated Amortization | $ (8.9) | $ (5.8) |
Minimum [Member] | In-place leases | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 2 months | |
Minimum [Member] | Trademarks and trade names | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 3 years | |
Minimum [Member] | Customer relationships | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 4 years | |
Minimum [Member] | Franchise agreements and other intangible assets | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 1 year | |
Maximum [Member] | In-place leases | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 13 years | |
Maximum [Member] | Trademarks and trade names | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 15 years | |
Maximum [Member] | Customer relationships | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 17 years | |
Maximum [Member] | Franchise agreements and other intangible assets | ||
Acquired Finite-Lived Intangible Assets [Line Items] | ||
Useful Life | 27 years |
Goodwill and Other Intangible_5
Goodwill and Other Intangible Assets, Schedule of Intangible Asset Amortization Expense (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items] | |||
Other Intangible Asset Amortization Expense | $ 36.9 | $ 43.5 | $ 21.4 |
2023 | 35.7 | ||
2024 | 30.6 | ||
2025 | 29.6 | ||
2026 | 23.7 | ||
2027 | 22 | ||
In-place leases | |||
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items] | |||
Other Intangible Asset Amortization Expense | 15.3 | 28.5 | 18.2 |
2023 | 10.6 | ||
2024 | 7.1 | ||
2025 | 6.2 | ||
2026 | 3.5 | ||
2027 | 2 | ||
Non-competition agreements | |||
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items] | |||
Other Intangible Asset Amortization Expense | 2.1 | 2 | 0 |
2023 | 2.1 | ||
2024 | 2.1 | ||
2025 | 2.1 | ||
2026 | 0.1 | ||
2027 | 0 | ||
Trademarks and trade names | |||
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items] | |||
Other Intangible Asset Amortization Expense | 4.5 | 0.9 | 0 |
2023 | 6.3 | ||
2024 | 5.5 | ||
2025 | 5.5 | ||
2026 | 5.1 | ||
2027 | 5.2 | ||
Customer relationships | |||
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items] | |||
Other Intangible Asset Amortization Expense | 12.3 | 9.9 | 2.4 |
2023 | 12.7 | ||
2024 | 12.7 | ||
2025 | 12.7 | ||
2026 | 12.2 | ||
2027 | 12.2 | ||
Franchise agreements and other intangible assets | |||
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items] | |||
Other Intangible Asset Amortization Expense | 2.7 | $ 2.2 | $ 0.8 |
2023 | 4 | ||
2024 | 3.2 | ||
2025 | 3.1 | ||
2026 | 2.8 | ||
2027 | $ 2.6 |
Investment in Nonconsolidated_2
Investment in Nonconsolidated Affiliates, Narrative (Details) - USD ($) $ in Millions | 3 Months Ended | ||
Jun. 30, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
RezPlot [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Ownership interest | 48.90% | 49.20% | |
Sungenia JV [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Ownership interest | 50% | 50% | |
GTSC [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Ownership interest | 40% | 40% | |
Origen Financial Services [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Ownership interest | 0% | 22.90% | |
Proceeds from sale of investment | $ 0.6 | ||
Gain from sale of investment | $ 0.3 | ||
SV Lift, LLC [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Ownership interest | 50% | 50% |
Investment in Nonconsolidated_3
Investment in Nonconsolidated Affiliates, Schedule of Investments (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Schedule of Equity Method Investments [Line Items] | |||
Equity earnings | $ 2.9 | $ 4 | $ 1.7 |
Investment carrying value | 101.3 | 75.1 | |
RezPlot [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Equity earnings | (4.7) | (2.9) | (1.9) |
Investment carrying value | 0 | 0.1 | |
Sungenia JV [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Equity earnings | 2.2 | 1.8 | 0.3 |
Investment carrying value | 44.5 | 36.2 | 26.9 |
Cumulative translation adjustment | (3) | (1.5) | |
Contributions | 9.1 | 9 | |
GTSC [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Equity earnings | 5.9 | 6.1 | 3.9 |
Investment carrying value | 54.5 | 35.7 | 25.5 |
Contributions | 37.4 | 27.3 | |
Distributions | (22.5) | (23) | |
Fair value adjustment | (2) | (0.2) | |
Origen Financial Services [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Equity earnings | 0.6 | 0.2 | 0.2 |
Investment carrying value | 0 | 0.2 | |
SV Lift, LLC [Member] | |||
Schedule of Equity Method Investments [Line Items] | |||
Equity earnings | (1.1) | (1.2) | $ (0.8) |
Investment carrying value | $ 2.3 | $ 2.9 |
Consolidated Variable Interes_3
Consolidated Variable Interest Entities, Narrative (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Sep. 30, 2022 | Jun. 30, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
Variable Interest Entity [Line Items] | ||||
Percentage of consolidated assets | 4.50% | 4.90% | ||
Percentage of consolidated liabilities | 0.90% | 2.80% | ||
Percentage of consolidated equity | 1% | 1% | ||
Additional Paid-in Capital | ||||
Variable Interest Entity [Line Items] | ||||
Difference in purchase price and noncontrolling interest | $ (11,700,000) | |||
SHM South Fork JV, LLC [Member] | ||||
Variable Interest Entity [Line Items] | ||||
Ownership interest | 100% | |||
SHM South Fork JV, LLC Properties [Member] | Additional Paid-in Capital | ||||
Variable Interest Entity [Line Items] | ||||
Difference in purchase price and noncontrolling interest | $ 1,900,000 | |||
Rudgate | ||||
Variable Interest Entity [Line Items] | ||||
Ownership interest | 100% | |||
Rudgate | Additional Paid-in Capital | ||||
Variable Interest Entity [Line Items] | ||||
Difference in purchase price and noncontrolling interest | $ 13,200,000 |
Consolidated Variable Interes_4
Consolidated Variable Interest Entities, Schedule of VIE (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Variable Interest Entity [Line Items] | ||||
Cash, cash equivalents and restricted cash | $ 90.4 | $ 78.2 | $ 92.6 | $ 34.8 |
Other assets, net | 655.1 | 480.6 | ||
Total Assets | 17,084.2 | 13,494.1 | ||
Secured debt | 3,217.8 | 3,380.7 | ||
Unsecured debt | 3,979.4 | 2,291.1 | ||
Advanced reservation deposits and rent | 352.1 | 242.8 | ||
Accrued expenses and accounts payable | 396.3 | 237.5 | ||
Other liabilities | 935.9 | 224.1 | ||
Total Liabilities | 8,992.8 | 6,474.6 | ||
Noncontrolling interests | 0 | 19.9 | ||
Variable Interest Entity, Primary Beneficiary [Member] | ||||
Variable Interest Entity [Line Items] | ||||
Investment property, net | 739.7 | 623.5 | ||
Cash, cash equivalents and restricted cash | 14.1 | 13.6 | ||
Other intangible assets, net | 13 | 13.4 | ||
Other assets, net | 10.5 | 5.3 | ||
Total Assets | 777.3 | 655.8 | ||
Secured debt | 22.2 | 52.6 | ||
Unsecured debt | 35.2 | 35.2 | ||
Advanced reservation deposits and rent | 13.8 | 13.5 | ||
Accrued expenses and accounts payable | 11.8 | 78.3 | ||
Other liabilities | 1.4 | 2.2 | ||
Total Liabilities | 84.4 | 181.8 | ||
Temporary equity | 41.3 | 35.4 | ||
Noncontrolling interests | 0 | 19.4 | ||
Total Liabilities and Other Equity | $ 125.7 | $ 236.6 |
Debt And Lines Of Credit, Sched
Debt And Lines Of Credit, Schedule of debt and lines of credit (Details) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Debt Instrument [Line Items] | ||
Secured debt | $ 3,217.8 | $ 3,380.7 |
Weighted Average Years to Maturity | 7 years 4 months 24 days | 8 years 9 months 18 days |
Weighted Average Interest Rates | 3.746% | 3.038% |
Unsecured debt | $ 3,979.4 | $ 2,291.1 |
Total Debt | $ 7,197.2 | $ 5,671.8 |
Revolving Credit Facility [Member] | ||
Debt Instrument [Line Items] | ||
Weighted Average Years to Maturity | 2 years 9 months 18 days | 3 years 6 months |
Weighted Average Interest Rates | 4.417% | 0.978% |
Line of credit and other | $ 2,130.6 | $ 1,034.8 |
Deferred financing costs | $ (3) | $ 0 |
Secured debt total | ||
Debt Instrument [Line Items] | ||
Weighted Average Years to Maturity | 10 years 2 months 12 days | 10 years 7 months 6 days |
Weighted Average Interest Rates | 3.723% | 3.779% |
Discounts and premium | $ 0.1 | $ 1.7 |
Deferred financing costs | $ (14.6) | $ (14.7) |
Senior unsecured notes | ||
Debt Instrument [Line Items] | ||
Weighted Average Years to Maturity | 8 years 1 month 6 days | 8 years 6 months |
Weighted Average Interest Rates | 2.90% | 2.55% |
Unsecured debt | $ 1,779.6 | $ 1,186.4 |
Discounts and premium | (6.1) | (3.3) |
Deferred financing costs | $ (14.3) | $ (10.3) |
Preferred equity - Sun NG Resorts - mandatorily redeemable | ||
Debt Instrument [Line Items] | ||
Weighted Average Years to Maturity | 1 year 9 months 18 days | 2 years 9 months 18 days |
Weighted Average Interest Rates | 6% | 6% |
Preferred OP units - mandatorily redeemable | $ 35.2 | $ 35.2 |
Preferred OP units - mandatorily redeemable | ||
Debt Instrument [Line Items] | ||
Weighted Average Years to Maturity | 3 years 1 month 6 days | 4 years 1 month 6 days |
Weighted Average Interest Rates | 5.921% | 5.932% |
Preferred OP units - mandatorily redeemable | $ 34 | $ 34.7 |
Debt And Lines Of Credit, Sch_2
Debt And Lines Of Credit, Schedule of Debt Extinguishment (Details) $ in Millions | 3 Months Ended | 12 Months Ended | |||||
Dec. 31, 2022 USD ($) loans property Rate | Sep. 30, 2022 USD ($) loans Rate | Jun. 30, 2022 USD ($) Rate | Dec. 31, 2021 USD ($) loans Rate | Dec. 31, 2022 USD ($) loans property Rate | Dec. 31, 2021 USD ($) loans Rate | Dec. 31, 2020 USD ($) | |
Debt Instrument [Line Items] | |||||||
Loss on Extinguishment of Debt | $ (4.4) | $ (8.1) | $ (5.2) | ||||
Loan Amount | $ 20.6 | ||||||
Debt term | 25 years | ||||||
Collateralized Term Loan 1 [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Number of mortgage term loans | loans | 17 | ||||||
Number of properties securing a debt instrument | loans | 35 | ||||||
Collateralized Term Loan 2 [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Number of mortgage term loans | loans | 2 | 2 | |||||
Mortgage Term Loans [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Number of mortgage term loans | loans | 18 | 18 | |||||
Secured debt total | |||||||
Debt Instrument [Line Items] | |||||||
Reduction in secured borrowing balance | $ 318 | ||||||
Fixed Interest Rate | Rate | 4.81% | ||||||
Loan Amount | $ 226 | $ 3.4 | $ 226 | ||||
Debt term | 25 years | ||||||
Interest Rate | Rate | 3.65% | ||||||
Secured debt total | Minimum [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Debt term | 4 years | ||||||
Secured debt total | Maximum [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Debt term | 7 years | ||||||
Secured debt total | Matures October 1, 2022 3.89% Interest Rate [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Reduction in secured borrowing balance | $ 15.8 | ||||||
Fixed Interest Rate | Rate | 3.89% | ||||||
Loss on Extinguishment of Debt | $ 4 | $ 0 | |||||
Secured debt total | Matures December 1, 2022, 4.3 Percent Interest Rate [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Reduction in secured borrowing balance | $ 11.6 | ||||||
Fixed Interest Rate | Rate | 4.30% | 4.30% | |||||
Loss on Extinguishment of Debt | $ 0 | ||||||
Secured debt total | Mortgage Term Loans [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Interest Rate | Rate | 4.50% | 3.65% | 4.50% | ||||
Collateralized Mortgage Backed Securities [Member] | |||||||
Debt Instrument [Line Items] | |||||||
Number of properties securing a debt instrument | property | 1 | 1 |
Debt And Lines Of Credit, Narra
Debt And Lines Of Credit, Narrative (Details) | 1 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | ||||||||||||||||||
Jun. 30, 2022 | Apr. 15, 2022 USD ($) | Oct. 05, 2021 USD ($) | Jun. 28, 2021 USD ($) | Oct. 31, 2019 USD ($) | Jun. 30, 2018 | Dec. 31, 2022 USD ($) | Sep. 30, 2022 USD ($) Rate | Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Sep. 30, 2022 USD ($) shares Rate | Dec. 31, 2022 USD ($) Rate | Dec. 31, 2021 USD ($) site Rate | Dec. 31, 2020 USD ($) | Dec. 31, 2022 segment | Dec. 31, 2022 site | Dec. 31, 2022 Rate | Dec. 31, 2022 property | Dec. 31, 2022 $ / shares | Apr. 07, 2022 USD ($) | Nov. 13, 2021 USD ($) | Jun. 14, 2021 USD ($) | Dec. 22, 2020 USD ($) | |
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Secured debt | $ 3,217,800,000 | $ 3,217,800,000 | $ 3,380,700,000 | ||||||||||||||||||||
Number of sites | 15,816 | 227,541 | 24,347 | ||||||||||||||||||||
Principal amount | $ 1,200,000,000 | ||||||||||||||||||||||
Debt term | 25 years | ||||||||||||||||||||||
Unsecured debt | 3,979,400,000 | 3,979,400,000 | $ 2,291,100,000 | ||||||||||||||||||||
Loss on extinguishment of debt | 4,400,000 | 8,100,000 | $ 5,200,000 | ||||||||||||||||||||
Revolving borrowings | 7,235,100,000 | 7,235,100,000 | |||||||||||||||||||||
Preferred rate of return | 6% | ||||||||||||||||||||||
Revolving Credit Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Line of credit and other | 2,130,600,000 | 2,130,600,000 | 1,034,800,000 | ||||||||||||||||||||
Loss on extinguishment of debt | 100,000 | ||||||||||||||||||||||
Revolving borrowings | 1,000,000,000 | ||||||||||||||||||||||
Revolving Credit Facility [Member] | Safe Harbor [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Aggregate amount of credit facility | $ 1,800,000,000 | ||||||||||||||||||||||
Loss on extinguishment of debt | (7,900,000) | ||||||||||||||||||||||
Unsecured Term Loan Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Revolving borrowings | 19,800,000 | 19,800,000 | |||||||||||||||||||||
Revolving Credit Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Aggregate amount of credit facility | $ 4,200,000,000 | ||||||||||||||||||||||
Line of credit facility, additional borrowing capacity | 800,000,000 | ||||||||||||||||||||||
A&R Facility [Member] | Revolving Credit Facility [Member] | Safe Harbor [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Loss on extinguishment of debt | (200,000) | ||||||||||||||||||||||
Collateralized Mortgage Backed Securities [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Number of properties securing a debt instrument | property | 1 | ||||||||||||||||||||||
Net book value | 2,600,000,000 | 2,600,000,000 | |||||||||||||||||||||
Senior Unsecured Notes - April 2032 Maturity [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Principal amount | $ 600,000,000 | ||||||||||||||||||||||
Interest Rate | 4.20% | ||||||||||||||||||||||
Debt term | 10 years | ||||||||||||||||||||||
Net proceeds from offering | $ 592,300,000 | ||||||||||||||||||||||
Senior Unsecured Notes - November 2028 Maturity [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Principal amount | $ 450,000,000 | ||||||||||||||||||||||
Interest Rate | 2.30% | ||||||||||||||||||||||
Debt term | 7 years | ||||||||||||||||||||||
Senior Unsecured Notes - July 2031 Maturity - 2nd Tranche [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Principal amount | $ 150,000,000 | ||||||||||||||||||||||
Senior unsecured notes | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Net proceeds from offering | $ 595,500,000 | $ 592,400,000 | |||||||||||||||||||||
Unsecured debt | 1,779,600,000 | 1,779,600,000 | 1,186,400,000 | ||||||||||||||||||||
Senior Unsecured Notes - July 2031 Maturity - First Tranche | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Principal amount | $ 600,000,000 | ||||||||||||||||||||||
Interest Rate | 2.70% | ||||||||||||||||||||||
Debt term | 10 years | ||||||||||||||||||||||
Revolving Loan [Member] | Revolving Credit Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Line of credit and other | 1,100,000,000 | 1,100,000,000 | |||||||||||||||||||||
Revolving Loan [Member] | Revolving Credit Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Revolving loan amount | 3,050,000,000 | ||||||||||||||||||||||
Term Loan [Member] | Revolving Credit Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Debt term | 4 years | ||||||||||||||||||||||
Aggregate amount of credit facility | 500,000,000 | 500,000,000 | $ 1,000,000,000 | ||||||||||||||||||||
Line of credit and other | $ 58,000,000 | $ 1,100,000,000 | $ 1,100,000,000 | $ 2,000,000,000 | |||||||||||||||||||
Term Loan [Member] | Revolving Credit Facility [Member] | Eurodollar [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Basis points | 0.85% | ||||||||||||||||||||||
Term Loan [Member] | Revolving Credit Facility [Member] | Minimum [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Basis points | 0.725% | ||||||||||||||||||||||
Term Loan [Member] | Revolving Credit Facility [Member] | Maximum [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Basis points | 1.60% | ||||||||||||||||||||||
Term Loan [Member] | Unsecured Term Loan Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Revolving borrowings | 31,600,000 | ||||||||||||||||||||||
Term Loan [Member] | Revolving Credit Facility [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Revolving loan amount | $ 1,150,000,000 | ||||||||||||||||||||||
Basis points | 0.95% | 0.01% | |||||||||||||||||||||
Line of credit and other debt | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Revolving loan amount | $ 750,000,000 | $ 750,000,000 | |||||||||||||||||||||
Revolving borrowings | 2,133,600,000 | $ 2,133,600,000 | |||||||||||||||||||||
Outstanding letters of credit | $ 2,300,000 | $ 2,300,000 | $ 2,200,000 | ||||||||||||||||||||
Line of credit and other debt | Revolving Credit Facility [Member] | Eurodollar [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Credit rating | Rate | 0.95% | 0.95% | |||||||||||||||||||||
Line of credit and other debt | Term Loan [Member] | Minimum [Member] | Eurodollar [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Basis points | 0.80% | ||||||||||||||||||||||
Fixed Interest Rate | Rate | 1.20% | ||||||||||||||||||||||
Line of credit and other debt | Term Loan [Member] | Maximum [Member] | Eurodollar [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Basis points | 1.60% | ||||||||||||||||||||||
Fixed Interest Rate | Rate | 2.05% | ||||||||||||||||||||||
Bridge Loan [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Principal amount | $ 950,000,000 | ||||||||||||||||||||||
Loss on extinguishment of debt | $ (300,000) | ||||||||||||||||||||||
Preferred Equity, Mandatorily Redeemable [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Revolving borrowings | 34,000,000 | $ 34,000,000 | |||||||||||||||||||||
Mandatorily redeemable preferred equity | $ 35,300,000 | ||||||||||||||||||||||
Preferred equity term | 7 years | ||||||||||||||||||||||
Preferred OP units - mandatorily redeemable | 35,200,000 | 35,200,000 | $ 35,200,000 | ||||||||||||||||||||
Aspen and Series B-3 Preferred OP Units [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Preferred OP units - mandatorily redeemable | 34,000,000 | 34,000,000 | 34,700,000 | ||||||||||||||||||||
Aspen and Series B-3 Preferred OP Units [Member] | Convertible debt - Aspen Preferred OP Units January 2024 [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Principal amount | $ 34,000,000 | $ 34,000,000 | $ 34,700,000 | ||||||||||||||||||||
Converted shares (in shares) | shares | 403,306 | ||||||||||||||||||||||
Annual distribution rate change (in shares) | shares | 270,000 | ||||||||||||||||||||||
Conversion price (in dollars per share) | $ / shares | $ 68 | ||||||||||||||||||||||
Price of stock converted ( in dollars per share) | $ / shares | 27 | ||||||||||||||||||||||
Debt Instrument, Convertible, Percent Of Amount By Which The Market Price Of Common Stock Exceeds Threshold | 25% | ||||||||||||||||||||||
Distribution rate | Rate | 3.80% | ||||||||||||||||||||||
Preferred units outstanding (in shares) | shares | 988,819 | ||||||||||||||||||||||
Aspen and Series B-3 Preferred OP Units [Member] | Convertible debt - Aspen Preferred OP Units January 2024 [Member] | Common OP units | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Conversion price (in dollars per share) | $ / shares | $ 0.397 | ||||||||||||||||||||||
Aspen Series B3 Preferred Operating Partnership OP Units [Member] | Convertible debt - Aspen Preferred OP Units January 2024 [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Distribution rate | Rate | 6.50% | ||||||||||||||||||||||
Properties securing debt [Member] | Collateralized Mortgage Backed Securities [Member] | |||||||||||||||||||||||
Line of Credit Facility [Line Items] | |||||||||||||||||||||||
Number of properties securing a debt instrument | property | 154 | ||||||||||||||||||||||
Number of sites | site | 59,178 |
Debt And Lines Of Credit, Sch_3
Debt And Lines Of Credit, Schedule of Maturities and Amortization of debt and lines of credit (Details) $ in Millions | Dec. 31, 2022 USD ($) |
Debt Instrument [Line Items] | |
Total Due | $ 7,235.1 |
2023 | 183.4 |
2024 | 255.1 |
2025 | 1,165.2 |
2026 | 1,674.8 |
2027 | 44.5 |
Thereafter | 3,912.1 |
Maturities | |
Debt Instrument [Line Items] | |
Total Due | 2,352.9 |
2023 | 117.8 |
2024 | 128.8 |
2025 | 50.6 |
2026 | 573.4 |
2027 | 4 |
Thereafter | 1,478.3 |
Principal amortization | |
Debt Instrument [Line Items] | |
Total Due | 879.4 |
2023 | 55.6 |
2024 | 56.4 |
2025 | 54.2 |
2026 | 46.2 |
2027 | 40.5 |
Thereafter | 626.5 |
Secured debt total | |
Debt Instrument [Line Items] | |
Total Due | 3,232.3 |
2023 | 173.4 |
2024 | 185.2 |
2025 | 104.8 |
2026 | 619.6 |
2027 | 44.5 |
Thereafter | 2,104.8 |
Total Unsecured Debt | |
Debt Instrument [Line Items] | |
Total Due | 4,002.8 |
2023 | 10 |
2024 | 69.9 |
2025 | 1,060.4 |
2026 | 1,055.2 |
2027 | 0 |
Thereafter | 1,807.3 |
Total Unsecured Debt | Senior unsecured notes | |
Debt Instrument [Line Items] | |
Total Due | 1,800 |
2023 | 0 |
2024 | 0 |
2025 | 0 |
2026 | 0 |
2027 | 0 |
Thereafter | 1,800 |
Line of credit and other debt | |
Debt Instrument [Line Items] | |
Total Due | 2,133.6 |
2023 | 10 |
2024 | 9.8 |
2025 | 1,058.6 |
2026 | 1,055.2 |
2027 | 0 |
Thereafter | 0 |
Preferred Equity, Mandatorily Redeemable [Member] | |
Debt Instrument [Line Items] | |
Total Due | 34 |
2023 | 0 |
2024 | 26.7 |
2025 | 0 |
2026 | 0 |
2027 | 0 |
Thereafter | 7.3 |
Preferred Equity, Mandatorily Redeemable [Member] | Sun NG RV Resorts [Member] | |
Debt Instrument [Line Items] | |
Total Due | 35.2 |
2023 | 0 |
2024 | 33.4 |
2025 | 1.8 |
2026 | 0 |
2027 | 0 |
Thereafter | $ 0 |
Equity and Temporary Equity, Sc
Equity and Temporary Equity, Schedule of Preferred Units (Details) | 1 Months Ended | 3 Months Ended | 12 Months Ended | ||
May 31, 2022 shares | Feb. 28, 2022 shares | Jun. 30, 2022 USD ($) shares | Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2021 USD ($) shares | |
Class of Stock [Line Items] | |||||
Issuance price (in dollars per share) | $ / shares | $ 100 | ||||
Rudgate | |||||
Class of Stock [Line Items] | |||||
Ownership interest | 100% | ||||
Rudgate | |||||
Class of Stock [Line Items] | |||||
Purchase price | $ 3,100,000 | ||||
Series D preferred OP units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 488,958 | ||||
Exchange rate | 0.8000 | ||||
Annual distribution rate | $ 0.040 | ||||
Total | $ 48,100,000 | $ 49,000,000 | |||
Series F preferred OP units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 90,000 | ||||
Exchange rate | 0.6250 | ||||
Annual distribution rate | $ 0.030 | ||||
Total | $ 8,700,000 | 8,800,000 | |||
Series G preferred OP units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 240,710 | ||||
Exchange rate | 0.6452 | ||||
Annual distribution rate | $ 0.032 | ||||
Total | $ 24,400,000 | 24,800,000 | |||
Series H preferred OP units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 581,367 | ||||
Exchange rate | 0.6098 | ||||
Annual distribution rate | $ 0.030 | ||||
Total | $ 56,700,000 | 57,400,000 | |||
Series I preferred OP units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 0 | ||||
Exchange rate | 0.6098 | ||||
Annual distribution rate | $ 0.030 | ||||
Total | $ 0 | 93,700,000 | |||
Series J preferred OP units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 240,000 | ||||
Exchange rate | 0.6061 | ||||
Annual distribution rate | $ 0.0285 | ||||
Total | $ 23,600,000 | 23,900,000 | |||
Redeemable Preferred OP Units | |||||
Class of Stock [Line Items] | |||||
OP Units Outstanding | shares | 1,641,035 | ||||
Total | $ 161,500,000 | $ 257,600,000 | |||
Common OP units | |||||
Class of Stock [Line Items] | |||||
Common OP Units Issued | shares | 17,707 | ||||
Common OP units | Kittery Point | |||||
Class of Stock [Line Items] | |||||
Issuance of common stock and common OP units, net (in shares) | shares | 5,605 | ||||
Common OP units | Jarrett Bay Boatworks | |||||
Class of Stock [Line Items] | |||||
Issuance of common stock and common OP units, net (in shares) | shares | 14,683 | ||||
Common OP units | Rudgate | |||||
Class of Stock [Line Items] | |||||
Issuance of common stock and common OP units, net (in shares) | shares | 10,854 | ||||
Stock issued (in shares) | shares | 10,854 |
Equity and Temporary Equity, _2
Equity and Temporary Equity, Schedule of Redeemable Equity (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
FPG Sun Moreno Valley 66 LLC | ||
Class of Stock [Line Items] | ||
Total | $ 0.1 | $ 0.1 |
Solar Energy Project CA II LLC | ||
Class of Stock [Line Items] | ||
Total | 4.2 | 0.5 |
Solar Energy Project LLC | ||
Class of Stock [Line Items] | ||
Total | 1.9 | 1.6 |
Solar Energy Project III LLC | ||
Class of Stock [Line Items] | ||
Total | 0.3 | 0 |
FPG Sun Menifee 80 LLC | ||
Class of Stock [Line Items] | ||
Total | 0.1 | 0.1 |
NG Sun Whitewater LLC | ||
Class of Stock [Line Items] | ||
Total | 3.2 | 4.3 |
NG Sun LLC | ||
Class of Stock [Line Items] | ||
Total | 31.1 | 24.7 |
NG Sun Beaver Brook LLC | ||
Class of Stock [Line Items] | ||
Total | 0.5 | 0 |
Total | ||
Class of Stock [Line Items] | ||
Total | $ 41.4 | $ 31.3 |
Equity and Temporary Equity, Na
Equity and Temporary Equity, Narrative (Details) $ / shares in Units, $ in Millions | 1 Months Ended | 2 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||||
Apr. 15, 2022 USD ($) | Apr. 08, 2022 shares | Dec. 17, 2021 USD ($) | Nov. 16, 2021 $ / shares salesAgreement shares | Apr. 30, 2022 shares | Mar. 31, 2021 USD ($) $ / shares shares | Jan. 31, 2020 | Jun. 30, 2018 USD ($) | Jun. 30, 2021 USD ($) shares | Dec. 31, 2022 USD ($) $ / shares Rate shares | Sep. 30, 2022 USD ($) shares | Jun. 30, 2022 USD ($) shares | Mar. 31, 2022 USD ($) shares | Sep. 30, 2021 shares | Jun. 30, 2021 USD ($) | Sep. 30, 2022 | Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2021 USD ($) $ / shares shares | Dec. 31, 2020 shares | |
Class of Stock [Line Items] | ||||||||||||||||||||
Share of capital stock issued (in shares) | 200,000,000 | 200,000,000 | 200,000,000 | |||||||||||||||||
Common stock, shares authorized (in shares) | 180,000,000 | 180,000,000 | 180,000,000 | |||||||||||||||||
Common stock, par value (in USD per share) | $ / shares | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | ||||||||||||||||
Common stock, shares outstanding (in shares) | 124,044,803 | 124,044,803 | 124,044,803 | 116,000,000 | ||||||||||||||||
Common stock, shares issued (in shares) | 124,044,803 | 124,044,803 | 124,044,803 | 116,000,000 | ||||||||||||||||
Preferred shares issued (in shares) | 0 | 0 | 0 | |||||||||||||||||
Preferred shares outstanding (in shares) | 0 | 0 | 0 | |||||||||||||||||
Number of forward agreements | salesAgreement | 2 | |||||||||||||||||||
Proceeds from offering | $ | $ 275.5 | $ 229.5 | ||||||||||||||||||
Aggregate gross sales price | $ | $ 1,250 | |||||||||||||||||||
Percentage of gross price per share | 2% | |||||||||||||||||||
Shares issued in agreement (in shares) | 1,526,212 | |||||||||||||||||||
Issuance price (in dollars per share) | $ / shares | $ 100 | |||||||||||||||||||
Park Holidays [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Shares issued (in shares) | 186,044 | |||||||||||||||||||
Series E preferred OP units | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Common OP Units Issued | 90,000 | 90,000 | 90,000 | |||||||||||||||||
Issuance price (in dollars per share) | $ / shares | $ 100 | |||||||||||||||||||
Preferred return | 5.25% | |||||||||||||||||||
Preferred return | Rate | 5.50% | |||||||||||||||||||
OP Units Outstanding | 80,000 | 80,000 | 80,000 | |||||||||||||||||
Series E preferred OP units | Minimum [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
conversion price (in dollars per share) | 100 | |||||||||||||||||||
Series E preferred OP units | Maximum [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
conversion price (in dollars per share) | 145 | |||||||||||||||||||
Public Offering [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Shares issued in offering (in shares) | 4,025,000 | 4,050,000 | ||||||||||||||||||
Offering price (in dollars per share) | $ / shares | $ 185 | $ 140 | ||||||||||||||||||
Issuance of common stock and common OP units, net (in shares) | 4,025,000 | 4,050,000 | ||||||||||||||||||
Proceeds from offering | $ | $ 705.4 | $ 537.6 | $ 539.7 | |||||||||||||||||
Underwritten public offering | $ | $ 1,100 | |||||||||||||||||||
Aggregate shares at public offering (in shares) | 8,050,000 | |||||||||||||||||||
Shares sold (in shares) | 4,000,000 | |||||||||||||||||||
December 2021 Sales Agreement [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Shares issued in offering (in shares) | 15,000 | 290,600 | 600,503 | |||||||||||||||||
Aggregate gross sales price | $ | $ 160.6 | |||||||||||||||||||
Sales agreement | $ | $ 2.6 | $ 50.1 | $ 107.9 | |||||||||||||||||
June 2021 Sales Agreement [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Shares issued in offering (in shares) | 620,109 | 1,820,109 | ||||||||||||||||||
Sales agreement | $ | $ 356.5 | |||||||||||||||||||
Shares issued in agreement (in shares) | 1,200,000 | |||||||||||||||||||
Common Stock | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Issuance of common stock and common OP units, net (in shares) | 7,200,000 | 8,400,000 | 14,400,000 | |||||||||||||||||
Preferred Stock [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Preferred stock, shares authorized (in shares) | 20,000,000 | 20,000,000 | 20,000,000 | |||||||||||||||||
NG Sun LLC | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Total | $ | $ 31.1 | $ 31.1 | $ 31.1 | $ 24.7 | ||||||||||||||||
Solar Energy Project III LLC | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Total | $ | 0.3 | 0.3 | 0.3 | $ 0 | ||||||||||||||||
NG Sun LLC | Sun NG RV Resorts [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
Current rate of return | 5% | |||||||||||||||||||
NG Sun LLC | Common Stock | Sun NG RV Resorts [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
VIE purchased | $ | $ 6.5 | |||||||||||||||||||
Sun NG RV Resorts [Member] | Common Stock | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
VIE purchased | $ | $ 3 | |||||||||||||||||||
Sun NG RV Resorts [Member] | Common Stock | Sun NG RV Resorts [Member] | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
VIE purchased | $ | $ 15.4 | |||||||||||||||||||
Contingent consideration earnouts | $ | $ 38.3 | $ 38.3 | 38.3 | |||||||||||||||||
Solar Energy Project III LLC | ||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||
VIE purchased | $ | 5.8 | |||||||||||||||||||
Equity contribution | $ | $ 2.5 |
Equity and Temporary Equity, _3
Equity and Temporary Equity, Schedule of Conversions (Details) | 12 Months Ended | |
Dec. 31, 2022 shares | Dec. 31, 2021 shares | |
Aspen preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 8,007 | 0 |
Common OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 150,393 | 86,364 |
Series A-1 preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 67,476 | 19,710 |
Series C preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 150 | 140 |
Series E preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 6,896 | 0 |
Series H preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 24 | 0 |
Series I preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 562,195 | 0 |
Preferred Stock [Member] | Aspen preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion of OP units (in shares) | 25,000 | 0 |
Preferred Stock [Member] | Series A-1 preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion Rate | 2.4390 | |
Conversion of OP units (in shares) | 164,566 | 48,067 |
Preferred Stock [Member] | Series C preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion Rate | 1.1100 | |
Conversion of OP units (in shares) | 166 | 155 |
Preferred Stock [Member] | Series E preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion Rate | 0.6897 | |
Conversion of OP units (in shares) | 10,000 | 0 |
Preferred Stock [Member] | Series H preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion Rate | 0.6098 | |
Conversion of OP units (in shares) | 40 | 0 |
Preferred Stock [Member] | Series I preferred OP units | ||
Class of Stock [Line Items] | ||
Conversion Rate | 0.6098 | |
Conversion of OP units (in shares) | 922,000 | 0 |
Common OP units | Common OP units | ||
Class of Stock [Line Items] | ||
Conversion Rate | 1 | |
Conversion of OP units (in shares) | 150,393 | 86,364 |
Equity and Temporary Equity, _4
Equity and Temporary Equity, Schedule of Distributions (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Class of Stock [Line Items] | ||||
Distribution Per Share | $ 3.47 | $ 3.28 | $ 3.12 | |
Common Stock | Subsequent Event [Member] | ||||
Class of Stock [Line Items] | ||||
Total Distribution (in Millions) | $ 111.3 | |||
Forecast [Member] | Common Stock | ||||
Class of Stock [Line Items] | ||||
Distribution Per Share | $ 0.88 |
Share-Based Compensation, Narra
Share-Based Compensation, Narrative (Details) $ in Millions | 3 Months Ended | 12 Months Ended | ||
Jun. 30, 2018 shares | Dec. 31, 2022 USD ($) numberOfPlans shares | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Number of plans | numberOfPlans | 2 | |||
Stock based compensation expense | $ | $ 37.6 | $ 28 | $ 22.7 | |
Unrecognized share-based compensation costs | $ | $ 81.6 | |||
Expected period of recognition for unrecognized share-based compensation costs | 1 year 8 months 12 days | |||
2004 Non-Employee Director Option Plan | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Change in number of shares authorized under plan (in shares) | 200,000 | |||
2015 Equity Incentive Plan | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Number of shares issued under plan (in shares) | 4,750,000 | |||
Number of shares available for future issuance under plan (in shares) | 3,124,561 | |||
Director Plans [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Number of shares issued under plan (in shares) | 375,000 | |||
Number of shares available for future issuance under plan (in shares) | 157,965 | |||
Time Based | Directors | Restricted Stock [Member] | 2004 Non-Employee Director Option Plan | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Vesting period | 3 years | |||
Time Based | Key Employees and Executive Officers [Member] | Restricted Stock [Member] | 2015 Equity Incentive Plan | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Vesting period | 5 years | |||
Market Condition [Member] | Executive Officers | Restricted Stock [Member] | 2015 Equity Incentive Plan | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Vesting period | 3 years |
Share-Based Compensation, Sched
Share-Based Compensation, Schedule of Granted Shares (Details) - Restricted Stock [Member] - $ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares Granted | 372,610 | 290,607 | 261,731 |
Grant Date Fair Value Per Share | $ 166.27 | $ 131.84 | $ 144.89 |
Time Based | Key Employees | 2015 Equity Incentive Plan | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares Granted | 203,210 | 93,910 | |
Grant Date Fair Value Per Share | $ 179.23 | $ 147.98 | |
Time Based | Executive Officers | 2015 Equity Incentive Plan | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares Granted | 66,000 | 83,888 | |
Grant Date Fair Value Per Share | $ 178.20 | $ 157.79 | |
Time Based | Directors | 2004 Non-Employee Director Option Plan | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares Granted | 11,900 | 11,709 | |
Grant Date Fair Value Per Share | $ 197 | $ 148.28 | |
Market Condition [Member] | Executive Officers | 2015 Equity Incentive Plan | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Shares Granted | 91,500 | 101,100 | |
Grant Date Fair Value Per Share | $ 124.88 | $ 93.41 |
Share-Based Compensation, Sch_2
Share-Based Compensation, Schedule of Restricted Stock Activity (Details) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Fair Value of Shares Vested | $ 29.8 | $ 27.8 | $ 19 | |
Restricted Stock [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||
Number of unvested shares (in shares) | 854,767 | 788,020 | 810,814 | 813,041 |
Weighted average grant date fair value of unvested shares (in dollars per share) | $ 144.19 | $ 121.18 | $ 105.92 | $ 83.10 |
Number of shares granted (in shares) | 372,610 | 290,607 | 261,731 | |
Weighted average grant date fair value of granted shares (in dollars per share) | $ 166.27 | $ 131.84 | $ 144.89 | |
Number of vested shares (in shares) | (278,359) | (305,747) | (258,280) | |
Weighted average grant date fair value of vested shares (in dollars per share) | $ 106.98 | $ 91.06 | $ 73.47 | |
Number of forfeited shares (in shares) | (27,504) | (7,654) | (5,678) | |
Weighted average grant date fair value of forfeited shares (in dollars per share) | $ 157.11 | $ 113.02 | $ 111.04 |
Share-Based Compensation, Sch_3
Share-Based Compensation, Schedule of Expected Share Based Compensation (Details) $ in Millions | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Share-Based Payment Arrangement [Abstract] | |
2023 | $ 31.6 |
2024 | 23.5 |
2025 | 14.9 |
Thereafter | $ 11.6 |
Segment Reporting (Details)
Segment Reporting (Details) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Segment Reporting Information [Line Items] | ||||
Revenues | $ 2,969.7 | $ 2,272.6 | $ 1,398.3 | |
Interest | 35.2 | 12.2 | 10.1 | |
Brokerage commissions and other, net | 34.9 | 30.2 | 17.2 | |
General and administrative expense | (256.8) | (181.3) | (109.5) | |
Catastrophic event-related charges, net | (17.5) | (2.2) | (0.9) | |
Business combinations | 24.7 | 1.4 | 23 | |
Depreciation and amortization | (604.8) | (522.7) | (376.9) | |
Loss on Extinguishment of Debt | (4.4) | (8.1) | (5.2) | |
Interest expense | (229.8) | (158.6) | (129.1) | |
Interest on mandatorily redeemable preferred OP units / equity | (4.2) | (4.2) | (4.2) | |
Gain / (loss) on remeasurement of marketable securities | (53.4) | 33.5 | 6.1 | |
Gain / (loss) on foreign currency exchanges | 5.4 | (3.7) | 7.7 | |
Gain on dispositions of properties | 12.2 | 108.1 | 5.6 | |
Other expense, net | (2.1) | (12.1) | (5.2) | |
Gain / (loss) on remeasurement of notes receivable | (0.8) | 0.7 | (3.3) | |
Income from nonconsolidated affiliates | 2.9 | 4 | 1.7 | |
Loss on remeasurement of investment in nonconsolidated affiliates | (2.7) | (0.2) | (1.6) | |
Current tax expense | (10.3) | (1.2) | (0.8) | |
Deferred tax (benefit) expense | 4.2 | (0.1) | 1.6 | |
Net Income | 263.8 | 413.8 | 147.4 | |
Less: Preferred return to preferred OP units / equity interests | 11 | 12.1 | 6.9 | |
Less: Income attributable to noncontrolling interests | 10.8 | 21.5 | 8.9 | |
Net income attributable to Sun Communities, Inc. common stockholders | 242 | 380.2 | 131.6 | |
Investment property, net | 13,971 | 11,425.5 | ||
Cash, cash equivalents and restricted cash | 90.4 | 78.2 | 92.6 | $ 34.8 |
Marketable securities | 127.3 | 186.9 | ||
Inventory of manufactured homes | 202.7 | 51.1 | ||
Notes and other receivables, net | 617.3 | 469.6 | ||
Goodwill | 1,018.4 | 495.4 | 428.8 | |
Other intangible assets, net | 402 | 306.8 | ||
Other assets, net | 655.1 | 480.6 | ||
Total Assets | 17,084.2 | 13,494.1 | ||
MH | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 1,474.7 | 1,082.6 | 919.2 | |
Investment property, net | 7,181.7 | 5,172.2 | ||
Cash, cash equivalents and restricted cash | 49.4 | 36.7 | ||
Marketable securities | 82.4 | 121 | ||
Inventory of manufactured homes | 189.1 | 44.3 | ||
Notes and other receivables, net | 475.2 | 374.2 | ||
Goodwill | 467.4 | 0 | 0 | |
Other intangible assets, net | 97.9 | 27.4 | ||
Other assets, net | 356.1 | 198 | ||
Total Assets | 8,899.2 | 5,973.8 | ||
RV | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 706.5 | 624.6 | 431.2 | |
Investment property, net | 3,744.3 | 3,639 | ||
Cash, cash equivalents and restricted cash | 30.3 | 19.9 | ||
Marketable securities | 44.9 | 65.9 | ||
Inventory of manufactured homes | 13.6 | 6.8 | ||
Notes and other receivables, net | 96.5 | 55.5 | ||
Goodwill | 9.5 | 0 | 0 | |
Other intangible assets, net | 32.6 | 22.7 | ||
Other assets, net | 63 | 63.6 | ||
Total Assets | 4,034.7 | 3,873.4 | ||
Marina | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 788.5 | 565.4 | 47.9 | |
Investment property, net | 3,045 | 2,614.3 | ||
Cash, cash equivalents and restricted cash | 10.7 | 21.6 | ||
Marketable securities | 0 | 0 | ||
Inventory of manufactured homes | 0 | 0 | ||
Notes and other receivables, net | 45.6 | 39.9 | ||
Goodwill | 541.5 | 495.4 | 428.8 | |
Other intangible assets, net | 271.5 | 256.7 | ||
Other assets, net | 236 | 219 | ||
Total Assets | 4,150.3 | 3,646.9 | ||
Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 2,899.6 | 2,230.2 | 1,371 | |
Operating expenses / Cost of sales | 1,519.1 | 1,109.3 | 613.9 | |
NOI | 1,380.5 | 1,120.9 | 757.1 | |
Operating Segments [Member] | MH | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 1,422.8 | 1,059.7 | 902.3 | |
Operating expenses / Cost of sales | 661.1 | 438.7 | 362.6 | |
NOI | 761.7 | 621 | 539.7 | |
Operating Segments [Member] | RV | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 689.9 | 606.4 | 421.1 | |
Operating expenses / Cost of sales | 359.6 | 318.8 | 221.2 | |
NOI | 330.3 | 287.6 | 199.9 | |
Operating Segments [Member] | Marina | ||||
Segment Reporting Information [Line Items] | ||||
Revenues | 786.9 | 564.1 | 47.6 | |
Operating expenses / Cost of sales | 498.4 | 351.8 | 30.1 | |
NOI | 288.5 | 212.3 | 17.5 | |
Segment Reconciling Items [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Interest | 35.2 | 12.2 | 10.1 | |
Brokerage commissions and other, net | 34.9 | 30.2 | 17.2 | |
General and administrative expense | (256.8) | (181.3) | (109.5) | |
Catastrophic event-related charges, net | (17.5) | (2.2) | (0.9) | |
Business combinations | (24.7) | (1.4) | (23) | |
Depreciation and amortization | (604.8) | (522.7) | (376.9) | |
Loss on Extinguishment of Debt | (4.4) | (8.1) | (5.2) | |
Interest expense | (229.8) | (158.6) | (129.1) | |
Interest on mandatorily redeemable preferred OP units / equity | (4.2) | (4.2) | (4.2) | |
Gain / (loss) on remeasurement of marketable securities | (53.4) | 33.5 | 6.1 | |
Gain / (loss) on foreign currency exchanges | 5.4 | (3.7) | 7.7 | |
Gain on dispositions of properties | 12.2 | 108.1 | 5.6 | |
Other expense, net | (2.1) | (12.1) | (5.2) | |
Gain / (loss) on remeasurement of notes receivable | (0.8) | 0.7 | (3.3) | |
Income from nonconsolidated affiliates | 2.9 | 4 | 1.7 | |
Loss on remeasurement of investment in nonconsolidated affiliates | (2.7) | (0.2) | (1.6) | |
Current tax expense | (10.3) | (1.2) | (0.8) | |
Deferred tax (benefit) expense | $ 4.2 | $ (0.1) | $ 1.6 |
Income Taxes, Narrative (Detail
Income Taxes, Narrative (Details) - USD ($) | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Mar. 31, 2022 | |
Operating Loss Carryforwards [Line Items] | ||||
Percentage of gross income | 95% | |||
Percentage of REIT taxable income | 90% | |||
Operating loss carryforwards | $ 120,800,000 | |||
Operating loss carryforwards after tax | 25,100,000 | |||
Deferred operating loss carryforwards after tax | 25,900,000 | $ 26,200,000 | $ 19,500,000 | |
Unrecognized tax benefits | $ 0 | |||
Changes in unrecognized tax benefits | 0 | |||
Provision for state income taxes | 2,300,000 | 1,100,000 | 1,500,000 | |
Interest or penalty associated with unrecognized income tax provision | 0 | 0 | $ 0 | |
Domestic Tax Authority [Member] | ||||
Operating Loss Carryforwards [Line Items] | ||||
Operating loss carryforwards | 118,200,000 | |||
Deferred operating loss carryforwards after tax | $ 24,800,000 | |||
Foreign Tax Authority [Member] | ||||
Operating Loss Carryforwards [Line Items] | ||||
Operating loss carryforwards | 3,100,000 | |||
Deferred operating loss carryforwards after tax | $ 800,000 |
Income Taxes, Schedule of Chara
Income Taxes, Schedule of Characterization of Distributions (Details) - $ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Tax Contingency [Line Items] | |||
Distribution Per Share | $ 3.47 | $ 3.28 | $ 3.12 |
Percentage | 100% | 100% | 100% |
Ordinary annual taxable dividend | 9,893.56% | ||
Ordinary quarterly taxable dividend | 1.0644% | ||
Ordinary Income [Member] | |||
Income Tax Contingency [Line Items] | |||
Distribution Per Share | $ 2.55 | $ 2.31 | $ 2.14 |
Percentage | 73.62% | 70.47% | 68.54% |
Capital gain | |||
Income Tax Contingency [Line Items] | |||
Distribution Per Share | $ 0 | $ 0 | $ 0.06 |
Percentage | 0% | 0% | 1.92% |
Return of capital | |||
Income Tax Contingency [Line Items] | |||
Distribution Per Share | $ 0.92 | $ 0.97 | $ 0.92 |
Percentage | 26.38% | 29.53% | 29.54% |
Income Taxes, Schedule of Compo
Income Taxes, Schedule of Components of Income Taxes (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |||
Federal, current | $ 0 | $ 0 | $ (0.8) |
Federal, deferred | 0 | 0 | (0.6) |
State and local, current | 2.3 | 1.1 | 1.5 |
State and local, deferred | 0 | (0.1) | 0 |
Foreign, current | 8 | 0.1 | 0.1 |
Foreign, deferred | (4.2) | 0.2 | (1) |
Total provision / (benefit) | $ 6.1 | $ 1.3 | $ (0.8) |
Income Taxes, Reconciliation of
Income Taxes, Reconciliation of the Provision for Income Taxes (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Tax Disclosure [Abstract] | |||
Pre-tax income / (loss) attributable to taxable subsidiaries | $ 11.4 | $ (5.2) | $ 8.4 |
Federal provision / (benefit) at statutory tax rate | $ 2.4 | $ (1.1) | $ (1.8) |
Federal provision / (benefit) at statutory tax rate, percentage | 21% | 21% | 21% |
State and local taxes, net of federal benefit | $ 0.7 | $ 0.2 | $ 0.7 |
State and local taxes, net of federal benefit, percentage | 6.50% | (3.80%) | (8.60%) |
Rate differential | $ (0.4) | $ 0.1 | $ (0.2) |
Rate differential, percentage | (3.50%) | (2.70%) | 2.80% |
Change in valuation allowance | $ 2.8 | $ 3.4 | $ 1.3 |
Change in valuation allowance, percentage | 24.50% | (65.00%) | (15.80%) |
Others | $ (1) | $ (2.1) | $ (1.6) |
Other, percentage | (8.50%) | 39.80% | 19.50% |
Tax provision / (benefit) - taxable subsidiaries | $ 4.5 | $ 0.5 | $ (1.6) |
Tax provision / (benefit) - taxable subsidiaries, percentage | 40% | (10.70%) | 18.90% |
Other state taxes - flow through subsidiaries | $ 1.6 | $ 0.8 | $ 0.8 |
Total provision / (benefit) | $ 6.1 | $ 1.3 | $ (0.8) |
Income Taxes, Schedule of Defer
Income Taxes, Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Income Tax Disclosure [Abstract] | |||
NOL carryforwards | $ 25.9 | $ 26.2 | $ 19.5 |
Depreciation and basis differences | 26 | 23.7 | 32.9 |
Restricted interest carryforwards | 25.2 | 0 | 0 |
Other | 4.9 | 0.1 | (0.6) |
Gross deferred tax assets | 82 | 50 | 51.8 |
Valuation allowance | (49.8) | (47) | (44) |
Net deferred tax assets | 32.2 | 3 | 7.8 |
Basis differences - US assets | 0 | (1.2) | (5.7) |
Basis differences - foreign investment | (340.8) | (22.5) | (22.7) |
Gross deferred tax liabilities | (340.8) | (23.7) | (28.4) |
Net Deferred Tax Liability | $ (308.6) | $ (20.7) | $ (20.6) |
Earnings Per Share. Schedule of
Earnings Per Share. Schedule of Calculation of Numerator and denominator (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | |||
Net income attributable to Sun Communities, Inc. common stockholders | $ 242 | $ 380.2 | $ 131.6 |
Less: allocation to restricted stock awards | 1.4 | 2.4 | 0.8 |
Basic earnings - Net Income attributable to common shareholders after allocation to restricted stock awards | 240.6 | 377.8 | 130.8 |
Diluted earnings - Net income attributable to common stockholders after allocation to common and preferred OP units | $ 245.3 | $ 386.4 | $ 130.8 |
Weighted average common shares outstanding - basic (in shares) | 120.2 | 112.6 | 97.5 |
Add: common shares dilutive effect: Forward Equity Offering | 0.2 | 0 | 0 |
Add: dilutive restricted stock | 0 | 0 | 0 |
Add: common and preferred OP units dilutive effect | 2.5 | 2.5 | 0 |
Diluted weighted average common shares and securities | 122.9 | 115.1 | 97.5 |
Basic (in USD per share) | $ 2 | $ 3.36 | $ 1.34 |
Diluted (in USD per share) | $ 2 | $ 3.36 | $ 1.34 |
Common OP units | |||
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | |||
Allocation of income to restricted stock awards | $ 4.7 | $ 8.6 | $ 0 |
Restricted Stock [Member] | |||
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] | |||
Allocation of income to restricted stock awards | $ 0 | $ 0 | $ 0 |
Earnings Per Share, Schedule of
Earnings Per Share, Schedule of Antidilutive Securities Excluded from Computation of Loss Per Share (Details) - shares shares in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 3,534 | 4,558 | 6,945 |
Common OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 0 | 0 | 2,607 |
Series A-1 preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 208 | 275 | 295 |
A-3 preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 40 | 40 | 40 |
Aspen preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 1,259 | 1,284 | 1,284 |
Series C preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 306 | 306 | 306 |
Series D preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 489 | 489 | 489 |
Series E preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 80 | 90 | 90 |
Series F preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 90 | 90 | 90 |
Series G preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 241 | 241 | 241 |
Series H preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 581 | 581 | 581 |
Series I preferred OP units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 0 | 922 | 922 |
Series J Preferred OP Units | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Total securities (in shares) | 240 | 240 | 0 |
Derivative Financial Instrume_3
Derivative Financial Instruments, Narrative (Details) - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] £ in Millions, $ in Millions | 3 Months Ended | |||
Jun. 30, 2022 USD ($) contract | Dec. 31, 2022 USD ($) contract | Dec. 31, 2022 GBP (£) contract | Dec. 31, 2021 USD ($) | |
Treasury Lock [Member] | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Number of derivatives settled | 4 | |||
Maximum maturities of contracts | 10 years | |||
Notional | $ | $ 600 | $ 150 | ||
Settlement payments | $ | $ 35.3 | |||
Number of derivative instruments | 2 | 2 | ||
Forward Contracts [Member] | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Notional | $ | $ 250 | |||
Number of derivative instruments | 1 | 1 | ||
Interest Rate Swap [Member] | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Notional | $ 483.6 | £ 400 | ||
Number of derivative instruments | 2 | 2 | ||
Fixed rate | 3.66% | 3.66% |
Derivative Financial Instrume_4
Derivative Financial Instruments, Schedule of Derivative Instruments (Details) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Jun. 30, 2022 | |
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Change in unrealized gain on interest rate derivatives | $ 64.3 | $ 0.4 | $ 0 | |
Less: interest rate derivative gain reclassified to earnings | 1.3 | 0 | 0 | |
Treasury Lock and Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Notional | 733.6 | |||
Change in unrealized gain on interest rate derivatives | 64.3 | 0.4 | 0 | |
Less: interest rate derivative gain reclassified to earnings | 1.3 | 0 | $ 0 | |
Treasury Lock and Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Significant Other Observable Inputs (Level 2) | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Fair value of assets | 32 | |||
Fair Value of Liabilities | $ 0 | |||
Treasury Lock [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Notional | 150 | $ 600 | ||
Treasury Lock [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Significant Other Observable Inputs (Level 2) | ||||
Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
Fair value of assets | 0.4 | |||
Fair Value of Liabilities | $ 0 |
Fair Value of Financial Instr_3
Fair Value of Financial Instruments, Schedule of Assets and Liabilities Measured on a Recurring Basis (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | $ 90.4 | $ 78.2 | $ 92.6 | $ 34.8 |
Notes and other receivables, net | 617.3 | 469.6 | ||
Notes receivable from real estate developers and operators | $ 305.2 | $ 284 | ||
Derivative Asset, Statement of Financial Position [Extensible Enumeration] | Marketable securities | Marketable securities | ||
Unsecured debt | $ 3,979.4 | $ 2,291.1 | ||
Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 65.9 | 79.1 | ||
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes receivable from real estate developers and operators | 0 | 0 | ||
Derivative assets | 0 | |||
Significant Other Observable Inputs (Level 2) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes receivable from real estate developers and operators | 0 | 0 | ||
Significant Unobservable Inputs (Level 3) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes receivable from real estate developers and operators | 305.2 | 284 | ||
Derivative assets | 0 | |||
Fair Value, Recurring [Member] | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Total assets measured at fair value | 65.9 | 79.1 | 0 | |
Fair Value, Recurring [Member] | Marketable securities | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Marketable securities | 127.3 | 186.9 | $ 124.7 | |
Reported Value Measurement [Member] | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Derivative assets | 32 | |||
Senior unsecured notes | 1,779.6 | 1,186.4 | ||
Lines of credit | 2,199.8 | 1,104.7 | ||
Unsecured debt | 3,979.4 | 2,291.1 | ||
Other financial liabilities (contingent consideration) | 20.2 | 20.2 | ||
Total liabilities measured at fair value | 7,217.4 | 5,692 | ||
Reported Value Measurement [Member] | Secured debt total | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Secured debt | 3,217.8 | 3,380.7 | ||
Reported Value Measurement [Member] | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 79.1 | |||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 90.4 | |||
Derivative assets | 0.4 | |||
Total assets measured at fair value | 620.8 | 628.6 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 65.9 | |||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 90.4 | |||
Unsecured debt | 0 | 0 | ||
Total liabilities measured at fair value | 0 | 0 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | Secured debt total | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Secured debt | 0 | 0 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 0 | 0 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Other Observable Inputs (Level 2) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 0 | |||
Unsecured debt | 3,979.4 | 2,291.1 | ||
Total liabilities measured at fair value | 7,197.2 | 5,671.8 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Other Observable Inputs (Level 2) | Secured debt total | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Secured debt | 3,217.8 | 3,380.7 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Other Observable Inputs (Level 2) | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 0 | 0 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Unobservable Inputs (Level 3) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 0 | |||
Unsecured debt | 0 | 0 | ||
Total liabilities measured at fair value | 20.2 | 20.2 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Unobservable Inputs (Level 3) | Secured debt total | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Secured debt | 0 | 0 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 65.9 | 79.1 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Marketable securities | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 78.2 | |||
Marketable securities | 127.3 | 186.9 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Marketable securities | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 78.2 | |||
Marketable securities | 127.3 | 186.9 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Marketable securities | Significant Other Observable Inputs (Level 2) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 0 | |||
Marketable securities | 0 | 0 | ||
Reported Value Measurement [Member] | Fair Value, Recurring [Member] | Marketable securities | Significant Unobservable Inputs (Level 3) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 0 | |||
Marketable securities | 0 | 0 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 90.4 | |||
Notes receivable from real estate developers and operators | 305.2 | |||
Derivative assets | 32 | 0.4 | ||
Total assets measured at fair value | 620.8 | 628.6 | ||
Senior unsecured notes | 1,432.7 | 1,201.8 | ||
Lines of credit | 2,199.8 | 1,104.7 | ||
Unsecured debt | 3,632.5 | 2,306.5 | ||
Other financial liabilities (contingent consideration) | 20.2 | 20.2 | ||
Total liabilities measured at fair value | 6,466.8 | 5,732.6 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | Secured debt total | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Secured debt | 2,814.1 | 3,405.9 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | Installment notes receivable on manufactured homes, net | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Notes and other receivables, net | 65.9 | 79.1 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Derivative assets | 0 | |||
Total assets measured at fair value | 217.7 | 265.1 | ||
Senior unsecured notes | 0 | 0 | ||
Lines of credit | 0 | 0 | ||
Other financial liabilities (contingent consideration) | 0 | 0 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Other Observable Inputs (Level 2) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Derivative assets | 32 | 0.4 | ||
Total assets measured at fair value | 32 | 0.4 | ||
Senior unsecured notes | 1,779.6 | 1,186.4 | ||
Lines of credit | 2,199.8 | 1,104.7 | ||
Other financial liabilities (contingent consideration) | 0 | 0 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | Significant Unobservable Inputs (Level 3) | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Derivative assets | 0 | |||
Total assets measured at fair value | 371.1 | 363.1 | ||
Senior unsecured notes | 0 | 0 | ||
Lines of credit | 0 | 0 | ||
Other financial liabilities (contingent consideration) | 20.2 | 20.2 | ||
Estimate of Fair Value Measurement [Member] | Fair Value, Recurring [Member] | Marketable securities | ||||
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||
Cash, cash equivalents and restricted cash | 78.2 | |||
Marketable securities | $ 127.3 | $ 186.9 |
Fair Value of Financial Instr_4
Fair Value of Financial Instruments, Schedule of Balance Sheet Grouping (Details) (Details) - Fair Value, Recurring [Member] - Marketable securities - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | |||
Marketable securities | $ 127.3 | $ 186.9 | $ 124.7 |
Additional purchases | 0 | 35.5 | |
Change in fair value measurement | (53.4) | 33.4 | |
Foreign currency translation adjustment | (7.7) | (9.2) | |
Dividend reinvestment, net of tax | $ 1.5 | $ 2.5 |
Fair Value of Financial Instr_5
Fair Value of Financial Instruments, Narrative (Details) (Details) $ in Millions | 12 Months Ended |
Dec. 31, 2021 USD ($) | |
Collateralized Receivables [Member] | Fair Value, Recurring [Member] | |
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |
Change in fair value measurement | $ 138.5 |
Fair Value of Financial Instr_6
Fair Value of Financial Instruments, Schedule of Fair Value Measurements (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Income from nonconsolidated affiliates | Income from nonconsolidated affiliates | |
Gain / (loss) on foreign currency exchanges | $ 5.4 | $ (3.7) | $ 7.7 |
Contingent Consideration Liability [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Liabilities | 20.2 | 20.2 | |
Sales and settlements | 0 | (33.7) | |
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Contingent Consideration Liability [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Liabilities | 20.2 | 15.8 | |
Realized losses | 0 | 9.3 | |
Purchases and issuances | 0 | 26.5 | |
Other adjustments | 0 | 2.3 | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Total assets measured at fair value | 65.9 | 79.1 | 0 |
Gain / (loss) on foreign currency exchanges | 0 | 0 | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Transfer to level 3 | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Transfer to level 3 | 0 | 85.9 | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Net Earnings (Loss) [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Realized gains / (losses) | (0.8) | 0.7 | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Purchases and issuances | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Purchases and issuances | 1 | 8.6 | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Sales and settlements | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Sales and settlements | (13.4) | (14.6) | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Dispositions of properties | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Dispositions of properties | 0 | (1.9) | |
Installment notes receivable on manufactured homes, net | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Other adjustments | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Other adjustments | 0 | 0.4 | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Total assets measured at fair value | 305.2 | 284 | $ 0 |
Gain / (loss) on foreign currency exchanges | (23.3) | 0 | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Transfer to level 3 | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Transfer to level 3 | 0 | 52.6 | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Net Earnings (Loss) [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Realized gains / (losses) | 0 | 0 | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Purchases and issuances | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Purchases and issuances | 79.3 | 239.7 | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Sales and settlements | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Sales and settlements | (34.9) | (13) | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Dispositions of properties | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Dispositions of properties | 0 | 0 | |
Notes Receivable From Real Estate Developers and Operators | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Other adjustments | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Other adjustments | 0.1 | 4.7 | |
Warrants | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Total assets measured at fair value | 0 | $ 0 | |
Transfer to level 3 | |||
Gain / (loss) on foreign currency exchanges | 0 | ||
Warrants | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Net Earnings (Loss) [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Realized gains / (losses) | (3.4) | ||
Warrants | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Purchases and issuances | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Purchases and issuances | 3.4 | ||
Warrants | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Sales and settlements | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Sales and settlements | 0 | ||
Warrants | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Dispositions of properties | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Dispositions of properties | 0 | ||
Warrants | Significant Unobservable Inputs (Level 3) | Fair Value, Recurring [Member] | Other adjustments | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Other adjustments | $ 0 |
Commitments and Contingencies (
Commitments and Contingencies (Details) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 USD ($) development_site | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Sep. 28, 2022 property | |
Loss Contingencies [Line Items] | ||||
Number of affected properties | property | 3 | |||
Number of sites affected | development_site | 2,500 | |||
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration] | Catastrophic event-related charges, net | |||
Catastrophic event-related charges, net | $ 17.5 | $ 2.2 | $ 0.9 | |
Hurricane Ian [Member] | ||||
Loss Contingencies [Line Items] | ||||
Charges recognized | 72.2 | |||
Estimated insurance recoveries | 54.9 | |||
Catastrophic event-related charges, net | 17.3 | |||
Hurricane Ian [Member] | RV [Member] | ||||
Loss Contingencies [Line Items] | ||||
Impaired assets | 22.5 | |||
Hurricane Ian [Member] | Marina | ||||
Loss Contingencies [Line Items] | ||||
Impaired assets | 6.1 | |||
Hurricane Ian [Member] | Debris Removal, Repairs And Flood Damage [Member] | ||||
Loss Contingencies [Line Items] | ||||
Charges recognized | 43.6 | |||
Hurricane Ian [Member] | RV and Marina Properties [Member] | ||||
Loss Contingencies [Line Items] | ||||
Impaired assets | $ 28.6 |
Leases, Schedule of Future Mini
Leases, Schedule of Future Minimum Lease Payments (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Leases [Abstract] | ||
Operating lease, 2023 | $ 13.6 | |
Finance lease, 2023 | 1 | |
2023 | 14.6 | |
Operating lease, 2024 | 13.6 | |
Finance lease, 2024 | 4.6 | |
2024 | 18.2 | |
Operating lease, 2025 | 13.2 | |
Finance lease, 2025 | 0.5 | |
2025 | 13.7 | |
Operating lease, 2026 | 11.6 | |
Finance lease, 2026 | 0.5 | |
2026 | 12.1 | |
Operating lease, 2027 | 9.6 | |
Finance lease, 2027 | 0.5 | |
2027 | 10.1 | |
Operating lease, thereafter | 237.6 | |
Finance lease, thereafter | 21.8 | |
Thereafter | 259.4 | |
Operating lease, total lease payments | 299.2 | |
Finance lease, total lease payments | 28.9 | |
Total Lease Payments | 328.1 | |
Operating lease, imputed interest | (138.9) | |
Finance lease, imputed interest | (13.9) | |
Less: Imputed interest | (152.8) | |
Operating lease, present value of lease liabilities | 160.3 | $ 129.2 |
Finance lease, present value of lease liabilities | 15 | $ 4.2 |
Present Value of Lease Liabilities | $ 175.3 |
Leases, Schedule of ROU Assets
Leases, Schedule of ROU Assets and Lease liabilities (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Leases [Abstract] | ||
Finance lease, ROU asset, net of accumulated amortization | $ 32.2 | $ 4.3 |
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | Investment property, net | Investment property, net |
Operating lease, ROU asset, net | $ 189.4 | $ 138.2 |
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | Other assets, net | Other assets, net |
Below market operating leases, net | $ 90.9 | $ 93.1 |
Finance lease liabilities | $ 15 | $ 4.2 |
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] | Other liabilities | Other liabilities |
Operating lease liabilities | $ 160.3 | $ 129.2 |
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration] | Other liabilities | Other liabilities |
Leases, Schedule of Lease Expen
Leases, Schedule of Lease Expense (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Leases [Abstract] | |||
Amortization of ROU assets | $ 2.7 | $ 0 | $ 0 |
Interest on lease liabilities | 0.5 | 0.2 | 0.1 |
Operating lease cost | 8.5 | 11.4 | 4.3 |
Operating lease impairment | 4 | 0 | 0 |
Variable lease cost | 2.9 | 6.6 | 2.3 |
Short term lease cost | 0.1 | 0.2 | 0 |
Total Lease Expense | $ 18.7 | $ 18.4 | $ 6.7 |
Leases, Additional Information
Leases, Additional Information (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Leases [Abstract] | |||
Weighted-average remaining lease term, finance lease | 37 years 10 months 13 days | ||
Weighted-average remaining lease term, operating lease | 33 years 11 months 19 days | ||
Weighted-average discount rate, finance lease | 3.38% | ||
Weighted-average discount rate, operating lease | 3.80% | ||
Operating cash flow from operating leases | $ 12.1 | $ 6.6 | $ 2.7 |
Financing cash flow from finance leases | 6.2 | 0.3 | 0.1 |
Total Cash Paid On Lease Liabilities | 18.3 | 6.9 | 2.8 |
Fixed lease income | 28.9 | 23 | 3.3 |
Variable lease income | $ 2.9 | $ 5.7 | $ 2 |
Leases, Lessor Future Lease Pay
Leases, Lessor Future Lease Payments (Details) $ in Millions | Dec. 31, 2022 USD ($) |
Leases [Abstract] | |
2023 | $ 26.7 |
2024 | 17 |
2025 | 8.9 |
2026 | 5.1 |
2027 | 4.4 |
Thereafter | 40.7 |
Total Undiscounted Cash Flows | $ 102.8 |
Leases, Narrative (Details)
Leases, Narrative (Details) $ in Millions | 12 Months Ended | ||
Dec. 31, 2021 USD ($) property | Dec. 31, 2022 USD ($) development_site | Dec. 31, 2022 GBP (£) development_site | |
Lessor, Lease, Description [Line Items] | |||
Number of ground leases terminated | property | 2 | ||
Contingent consideration earnout provision | $ 17.2 | ||
Contingent consideration expense | $ 10.3 | ||
UNITED KINGDOM | Park Holidays [Member] | |||
Lessor, Lease, Description [Line Items] | |||
Number of UK properties | development_site | 34 | 34 | |
Option to repurchase | £ | £ 1 | ||
Finance liability on underlying ground lease | $ 339.7 | ||
Second Terminated Lease [Member] | |||
Lessor, Lease, Description [Line Items] | |||
Number of ground leases terminated | property | 1 | ||
Contingent consideration earnout provision | $ 20.1 | ||
Contingent consideration liability | $ 9.8 |
Leases, Schedule of Maturities
Leases, Schedule of Maturities of Financial Liability (Details) - UNITED KINGDOM - Park Holidays [Member] $ in Millions | Dec. 31, 2022 USD ($) |
Sale Leaseback Transaction [Line Items] | |
2023 | $ 8 |
2024 | 11.2 |
2025 | 11.2 |
2026 | 11.3 |
2027 | 11.4 |
Thereafter | 1,685.7 |
Total Payments | 1,738.8 |
Less: Imputed interest | (1,399.1) |
Present Value of Financial Liability | $ 339.7 |
Related Party Transactions (Det
Related Party Transactions (Details) | 12 Months Ended | ||
Dec. 31, 2022 USD ($) ft² | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Related Party Transaction [Line Items] | |||
Indirect percentage of equity interest | 0.01 | ||
Average gross base rent | 20.45 | ||
Airplane Usage [Member] | |||
Related Party Transaction [Line Items] | |||
Related party payment | $ 700,000 | $ 700,000 | $ 300,000 |
Telephone Service [Member] | |||
Related Party Transaction [Line Items] | |||
Related party payment | $ 200,000 | 200,000 | 200,000 |
Permanent space | |||
Related Party Transaction [Line Items] | |||
Rentable square feet | ft² | 60,261 | ||
Chief Executive Officer [Member] | |||
Related Party Transaction [Line Items] | |||
Indirect percentage of equity interest | 0.281 | ||
Directors | |||
Related Party Transaction [Line Items] | |||
Legal fees | $ 9,700,000 | $ 10,300,000 | $ 13,300,000 |
Subsequent Events, Narrative (D
Subsequent Events, Narrative (Details) $ in Millions | 1 Months Ended | 3 Months Ended | 12 Months Ended | ||||||
Feb. 21, 2023 USD ($) | Feb. 23, 2023 USD ($) property site | Jan. 31, 2023 USD ($) property landParcel contract Rate | Sep. 30, 2022 USD ($) Rate | Jun. 30, 2022 USD ($) contract | Dec. 31, 2022 USD ($) landParcel | Dec. 31, 2021 USD ($) landParcel | Dec. 31, 2020 USD ($) | Nov. 13, 2021 USD ($) | |
Subsequent Event [Line Items] | |||||||||
Number of land parcels | landParcel | 6 | 11 | |||||||
Gain on dispositions of properties | $ 12.2 | $ 108.1 | $ 5.6 | ||||||
Principal amount | $ 1,200 | ||||||||
Debt term | 25 years | ||||||||
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Treasury Lock [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Number of derivatives settled | contract | 4 | ||||||||
Notional | $ 600 | $ 150 | |||||||
Settlement payments | $ 35.3 | ||||||||
Maximum maturities of contracts | 10 years | ||||||||
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Forward Contracts [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Notional | $ 250 | ||||||||
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Treasury Lock and Forward Swap [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Effective interest rate on derivative | 5.70% | ||||||||
Secured debt total | |||||||||
Subsequent Event [Line Items] | |||||||||
Loan Amount | $ 3.4 | $ 226 | |||||||
Interest Rate | Rate | 3.65% | ||||||||
Debt term | 25 years | ||||||||
Notes receivable from developers | |||||||||
Subsequent Event [Line Items] | |||||||||
Weighted average interest rate | 13.10% | 7.20% | |||||||
Subsequent Event [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Number of land parcels | landParcel | 4 | ||||||||
Insurance recoveries | $ 3.5 | ||||||||
Subsequent Event [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Treasury Lock [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Number of derivatives settled | contract | 2 | ||||||||
Derivative term | 10 years | ||||||||
Subsequent Event [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Forward Contracts [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Number of derivatives settled | contract | 1 | ||||||||
Subsequent Event [Member] | Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member] | Treasury Lock and Forward Swap [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Notional | $ 250 | ||||||||
Settlement payments | $ 7.4 | ||||||||
Effective interest rate on derivative | 5.50% | ||||||||
Subsequent Event [Member] | Secured debt total | |||||||||
Subsequent Event [Line Items] | |||||||||
Loan Amount | $ 85 | ||||||||
Interest Rate | Rate | 5% | ||||||||
Subsequent Event [Member] | Senior Unsecured Notes - January 2033 Maturity [Member] | |||||||||
Subsequent Event [Line Items] | |||||||||
Interest Rate | 5.70% | ||||||||
Principal amount | $ 400 | ||||||||
Debt term | 10 years | ||||||||
Net proceeds from offering | $ 395.3 | ||||||||
Subsequent Event [Member] | Properties securing debt [Member] | Secured debt total | |||||||||
Subsequent Event [Line Items] | |||||||||
Number of properties securing a debt instrument | property | 5 | ||||||||
Subsequent Event [Member] | UK Non-Operating Properties | |||||||||
Subsequent Event [Line Items] | |||||||||
Number of properties sold | property | 2 | ||||||||
Value of house sits sold | $ 112 | ||||||||
Gain on dispositions of properties | $ 1.5 | ||||||||
Subsequent Event [Member] | UK Non-Operating Properties | Notes receivable from developers | |||||||||
Subsequent Event [Line Items] | |||||||||
Weighted average interest rate | 11.90% | ||||||||
Subsequent Event [Member] | UK MH Operating Community | |||||||||
Subsequent Event [Line Items] | |||||||||
Value of house sits sold | $ 241 | ||||||||
Number of housing sites sold | site | 730 | ||||||||
Subsequent Event [Member] | Ranch Adjacent to Current Property | |||||||||
Subsequent Event [Line Items] | |||||||||
Asset acquisitions, total consideration | $ 35.8 |
SCHEDULE III, Schedule of Prope
SCHEDULE III, Schedule of Property (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Real Estate and Accumulated Depreciation [Line Items] | ||||
Gross amount carried, total | $ 16,709.9 | $ 13,762.7 | $ 11,684.6 | $ 8,919.6 |
Accumulated Depreciation | (2,738.9) | $ (2,337.2) | $ (1,968.8) | $ (1,686.9) |
MH And RV Properties Located In The US [Member] | 47 North | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19.7 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.9 | |||
Gross amount carried, land | 26.5 | |||
Gross amount carried, depreciable assets | 7.9 | |||
Gross amount carried, total | 34.4 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | 49'er Village RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.2 | |||
Initial cost to company, depreciable assets | 10.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 13.7 | |||
Gross amount carried, total | 15.9 | |||
Accumulated Depreciation | (2.9) | |||
MH And RV Properties Located In The US [Member] | Academy / West Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 33.2 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 14.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.5 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 24.8 | |||
Gross amount carried, total | 26.3 | |||
Accumulated Depreciation | (14.9) | |||
MH And RV Properties Located In The US [Member] | Allendale Meadows | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 22.8 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.5 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 11.2 | |||
Gross amount carried, total | 11.6 | |||
Accumulated Depreciation | (7.9) | |||
MH And RV Properties Located In The US [Member] | Alpine Meadows | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.3 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 16 | |||
Gross amount carried, total | 16.7 | |||
Accumulated Depreciation | (10.5) | |||
MH And RV Properties Located In The US [Member] | Alta Laguna | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 38.3 | |||
Initial cost to company, land | 23.7 | |||
Initial cost to company, depreciable assets | 21.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 23.7 | |||
Gross amount carried, depreciable assets | 22.9 | |||
Gross amount carried, total | 46.6 | |||
Accumulated Depreciation | (5.2) | |||
MH And RV Properties Located In The US [Member] | Andover | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 11.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 2.1 | |||
Gross amount carried, depreciable assets | 12 | |||
Gross amount carried, total | 14.1 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Apple Carr Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 28.6 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 34.8 | |||
Gross amount carried, total | 35.9 | |||
Accumulated Depreciation | (8.7) | |||
MH And RV Properties Located In The US [Member] | Apple Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 7.1 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 9.1 | |||
Gross amount carried, total | 9.6 | |||
Accumulated Depreciation | (5.4) | |||
MH And RV Properties Located In The US [Member] | Arbor Terrace RV Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 16 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 4.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.2 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 11.6 | |||
Gross amount carried, total | 12 | |||
Accumulated Depreciation | (6.4) | |||
MH And RV Properties Located In The US [Member] | Arbor Woods | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.3 | |||
Initial cost to company, depreciable assets | 12.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11.4 | |||
Gross amount carried, land | 3.3 | |||
Gross amount carried, depreciable assets | 23.8 | |||
Gross amount carried, total | 27.1 | |||
Accumulated Depreciation | (6.7) | |||
MH And RV Properties Located In The US [Member] | Ariana Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 4.9 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 2.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 4.5 | |||
Gross amount carried, total | 4.7 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Augusta Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 3.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 3.8 | |||
Gross amount carried, total | 4.6 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Austin Lone Star RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 7.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 10.3 | |||
Gross amount carried, total | 10.9 | |||
Accumulated Depreciation | (2.4) | |||
MH And RV Properties Located In The US [Member] | Autumn Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 8.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.8 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 15.9 | |||
Gross amount carried, total | 16.7 | |||
Accumulated Depreciation | (9.7) | |||
MH And RV Properties Located In The US [Member] | Bahia Vista Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.8 | |||
Initial cost to company, depreciable assets | 17.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.3 | |||
Gross amount carried, land | 6.8 | |||
Gross amount carried, depreciable assets | 21 | |||
Gross amount carried, total | 27.8 | |||
Accumulated Depreciation | (4.5) | |||
MH And RV Properties Located In The US [Member] | Baker Acres RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6.7 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 11.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 2.1 | |||
Gross amount carried, depreciable assets | 15.5 | |||
Gross amount carried, total | 17.6 | |||
Accumulated Depreciation | (3.4) | |||
MH And RV Properties Located In The US [Member] | Beechwood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.9 | |||
Initial cost to company, depreciable assets | 18.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 7.9 | |||
Gross amount carried, depreciable assets | 20 | |||
Gross amount carried, total | 27.9 | |||
Accumulated Depreciation | (2.4) | |||
MH And RV Properties Located In The US [Member] | Bear Lake Development Land | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.1 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 6.1 | |||
Gross amount carried, depreciable assets | 2.3 | |||
Gross amount carried, total | 8.4 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Bel Air Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.3 | |||
Initial cost to company, depreciable assets | 14.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 4.3 | |||
Gross amount carried, depreciable assets | 14.4 | |||
Gross amount carried, total | 18.7 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Bell Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.8 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 1.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.9 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 8.8 | |||
Gross amount carried, total | 9.5 | |||
Accumulated Depreciation | (5.9) | |||
MH And RV Properties Located In The US [Member] | Big Tree RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 13.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 16.7 | |||
Gross amount carried, total | 17.9 | |||
Accumulated Depreciation | (3.9) | |||
MH And RV Properties Located In The US [Member] | Birch Hill Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 29.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 30.5 | |||
Gross amount carried, total | 32.5 | |||
Accumulated Depreciation | (2.6) | |||
MH And RV Properties Located In The US [Member] | Blue Heron Pines | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 16.9 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 35.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.3 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 41.6 | |||
Gross amount carried, total | 42 | |||
Accumulated Depreciation | (10.1) | |||
MH And RV Properties Located In The US [Member] | Blue Jay MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 9.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 12.1 | |||
Gross amount carried, total | 14.1 | |||
Accumulated Depreciation | (2.6) | |||
MH And RV Properties Located In The US [Member] | Blue Star | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 2.4 | |||
Initial cost to company, land | 5.1 | |||
Initial cost to company, depreciable assets | 12.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | (4.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (9.4) | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 3.3 | |||
Gross amount carried, total | 4.3 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Blueberry Hill | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13 | |||
Initial cost to company, land | 3.8 | |||
Initial cost to company, depreciable assets | 3.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.3 | |||
Gross amount carried, land | 3.8 | |||
Gross amount carried, depreciable assets | 7.5 | |||
Gross amount carried, total | 11.3 | |||
Accumulated Depreciation | (3) | |||
MH And RV Properties Located In The US [Member] | Bluebonnet Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8.5 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 8.5 | |||
Gross amount carried, depreciable assets | 2.7 | |||
Gross amount carried, total | 11.2 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Boulder Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 25.1 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 0.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 3.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 58.9 | |||
Gross amount carried, land | 4.3 | |||
Gross amount carried, depreciable assets | 59.4 | |||
Gross amount carried, total | 63.7 | |||
Accumulated Depreciation | (20.1) | |||
MH And RV Properties Located In The US [Member] | Branch Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 21.9 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.1 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 11.8 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (7.5) | |||
MH And RV Properties Located In The US [Member] | Brentwood Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 5.5 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 9.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 11.6 | |||
Gross amount carried, total | 12.8 | |||
Accumulated Depreciation | (3.1) | |||
MH And RV Properties Located In The US [Member] | Brentwood Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 9.6 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 5.6 | |||
Gross amount carried, total | 6 | |||
Accumulated Depreciation | (3.7) | |||
MH And RV Properties Located In The US [Member] | Brentwood West | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 27.2 | |||
Initial cost to company, land | 13.6 | |||
Initial cost to company, depreciable assets | 24.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 13.6 | |||
Gross amount carried, depreciable assets | 25.6 | |||
Gross amount carried, total | 39.2 | |||
Accumulated Depreciation | (7.5) | |||
MH And RV Properties Located In The US [Member] | Broadview Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 24.4 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 30.5 | |||
Gross amount carried, total | 31.2 | |||
Accumulated Depreciation | (15.4) | |||
MH And RV Properties Located In The US [Member] | Brook Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 6.3 | |||
Gross amount carried, total | 7.3 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Brookside Manor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 1.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 21.1 | |||
Gross amount carried, total | 21.7 | |||
Accumulated Depreciation | (11.8) | |||
MH And RV Properties Located In The US [Member] | Brookside Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6.2 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 6.2 | |||
Gross amount carried, total | 6.4 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | Buena Vista | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.2 | |||
Initial cost to company, depreciable assets | 14.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 9.2 | |||
Gross amount carried, depreciable assets | 17 | |||
Gross amount carried, total | 26.2 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | Buttonwood Bay MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 29 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 18.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.5 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 26.8 | |||
Gross amount carried, total | 28.8 | |||
Accumulated Depreciation | (17.4) | |||
MH And RV Properties Located In The US [Member] | Byron Center | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 2.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 4.3 | |||
Gross amount carried, total | 4.6 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Caliente Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 6.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 7.4 | |||
Gross amount carried, total | 9.2 | |||
Accumulated Depreciation | (1.4) | |||
MH And RV Properties Located In The US [Member] | Camelot Villa | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 21.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.4 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 34.6 | |||
Gross amount carried, total | 35.5 | |||
Accumulated Depreciation | (11.6) | |||
MH And RV Properties Located In The US [Member] | Camp Fimfo | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.2 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 71.2 | |||
Gross amount carried, land | 7 | |||
Gross amount carried, depreciable assets | 71.2 | |||
Gross amount carried, total | 78.2 | |||
Accumulated Depreciation | (4.2) | |||
MH And RV Properties Located In The US [Member] | Candlelight Manor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 6.6 | |||
Gross amount carried, total | 9.7 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Cape May Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 2.2 | |||
Gross amount carried, total | 2.5 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Carolina Pines RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.9 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 104.7 | |||
Gross amount carried, land | 6.6 | |||
Gross amount carried, depreciable assets | 104.7 | |||
Gross amount carried, total | 111.3 | |||
Accumulated Depreciation | (13.6) | |||
MH And RV Properties Located In The US [Member] | Carriage Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 15.7 | |||
Initial cost to company, land | 6.1 | |||
Initial cost to company, depreciable assets | 21.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 6.1 | |||
Gross amount carried, depreciable assets | 23.2 | |||
Gross amount carried, total | 29.3 | |||
Accumulated Depreciation | (6.6) | |||
MH And RV Properties Located In The US [Member] | Carrington Pointe | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 19.8 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 24.3 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 27.9 | |||
Gross amount carried, total | 29 | |||
Accumulated Depreciation | (11.2) | |||
MH And RV Properties Located In The US [Member] | Cave Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23.1 | |||
Initial cost to company, land | 2.2 | |||
Initial cost to company, depreciable assets | 15.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.5 | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 24.8 | |||
Gross amount carried, total | 27 | |||
Accumulated Depreciation | (12.3) | |||
MH And RV Properties Located In The US [Member] | Cedar Haven | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 10.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 11.7 | |||
Gross amount carried, total | 14.2 | |||
Accumulated Depreciation | (1) | |||
MH And RV Properties Located In The US [Member] | Cedar Springs | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.9 | |||
Initial cost to company, depreciable assets | 10.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 2.9 | |||
Gross amount carried, depreciable assets | 10.8 | |||
Gross amount carried, total | 13.7 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Central Park MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.6 | |||
Initial cost to company, depreciable assets | 10.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.8 | |||
Gross amount carried, land | 2.6 | |||
Gross amount carried, depreciable assets | 15.2 | |||
Gross amount carried, total | 17.8 | |||
Accumulated Depreciation | (3.4) | |||
MH And RV Properties Located In The US [Member] | Charlevoix Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 12 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 12.5 | |||
Gross amount carried, total | 12.9 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Cherrywood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 9.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 12.3 | |||
Gross amount carried, total | 12.8 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Chisholm Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 21.9 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 5.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.7 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 12 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (7.7) | |||
MH And RV Properties Located In The US [Member] | Cider Mill Crossings | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 1.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 44.3 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 45.9 | |||
Gross amount carried, total | 46.4 | |||
Accumulated Depreciation | (14.7) | |||
MH And RV Properties Located In The US [Member] | Cider Mill Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 5.1 | |||
Gross amount carried, total | 5.4 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Cisco Grove Campground & RV | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 4.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.8 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 9.6 | |||
Gross amount carried, total | 11.3 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Citrus Hill RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 2.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 4.8 | |||
Gross amount carried, total | 6 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Clear Water | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 12.2 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 1.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.8 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 7.1 | |||
Gross amount carried, total | 7.2 | |||
Accumulated Depreciation | (4.3) | |||
MH And RV Properties Located In The US [Member] | Club Naples | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.8 | |||
Initial cost to company, depreciable assets | 5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 5.8 | |||
Gross amount carried, depreciable assets | 8.6 | |||
Gross amount carried, total | 14.4 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | Club Wildwood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 21.2 | |||
Initial cost to company, land | 14.2 | |||
Initial cost to company, depreciable assets | 21.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 14.2 | |||
Gross amount carried, depreciable assets | 24.3 | |||
Gross amount carried, total | 38.5 | |||
Accumulated Depreciation | (5.2) | |||
MH And RV Properties Located In The US [Member] | Coastal Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.3 | |||
Initial cost to company, depreciable assets | 6.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8 | |||
Gross amount carried, land | 3.3 | |||
Gross amount carried, depreciable assets | 14.5 | |||
Gross amount carried, total | 17.8 | |||
Accumulated Depreciation | (1) | |||
MH And RV Properties Located In The US [Member] | Cobus Green | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.3 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 15.3 | |||
Gross amount carried, total | 16.1 | |||
Accumulated Depreciation | (10.6) | |||
MH And RV Properties Located In The US [Member] | Colony in the Wood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.7 | |||
Initial cost to company, depreciable assets | 26.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 5.7 | |||
Gross amount carried, depreciable assets | 30.4 | |||
Gross amount carried, total | 36.1 | |||
Accumulated Depreciation | (4.5) | |||
MH And RV Properties Located In The US [Member] | Comal Farms | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.9 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 10.6 | |||
Gross amount carried, total | 12.1 | |||
Accumulated Depreciation | (5.9) | |||
MH And RV Properties Located In The US [Member] | Country Acres | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 6.4 | |||
Gross amount carried, total | 6.8 | |||
Accumulated Depreciation | (4.3) | |||
MH And RV Properties Located In The US [Member] | Country Hills Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 4.5 | |||
Gross amount carried, total | 4.7 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | Country Lakes | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 5.9 | |||
Gross amount carried, total | 7.6 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Country Meadows | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 42.5 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 7.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 21 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 28.6 | |||
Gross amount carried, total | 29.8 | |||
Accumulated Depreciation | (19) | |||
MH And RV Properties Located In The US [Member] | Country Meadows Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.4 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 11 | |||
Gross amount carried, total | 11.6 | |||
Accumulated Depreciation | (3.5) | |||
MH And RV Properties Located In The US [Member] | Country Village Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22 | |||
Initial cost to company, depreciable assets | 42.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 22 | |||
Gross amount carried, depreciable assets | 43.7 | |||
Gross amount carried, total | 65.7 | |||
Accumulated Depreciation | (5.4) | |||
MH And RV Properties Located In The US [Member] | Countryside Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6.2 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 11.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.3 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 15.9 | |||
Gross amount carried, total | 16.1 | |||
Accumulated Depreciation | (4.2) | |||
MH And RV Properties Located In The US [Member] | Countryside Village of Atlanta | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 11 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.8 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 20.8 | |||
Gross amount carried, total | 22.1 | |||
Accumulated Depreciation | (9.3) | |||
MH And RV Properties Located In The US [Member] | Countryside Village of Gwinnett | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 26 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 9.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 12 | |||
Gross amount carried, total | 13.1 | |||
Accumulated Depreciation | (6.3) | |||
MH And RV Properties Located In The US [Member] | Countryside Village of Lake Lanier | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 25.4 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 16.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.5 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 21.9 | |||
Gross amount carried, total | 23.8 | |||
Accumulated Depreciation | (12.5) | |||
MH And RV Properties Located In The US [Member] | Coyote Ranch Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 12.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.5 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 14.5 | |||
Gross amount carried, total | 15 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Creek Wood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17.5 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 14.6 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 16.6 | |||
Gross amount carried, total | 17.8 | |||
Accumulated Depreciation | (11.3) | |||
MH And RV Properties Located In The US [Member] | Creeks Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.5 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 21 | |||
Gross amount carried, land | 3.5 | |||
Gross amount carried, depreciable assets | 21 | |||
Gross amount carried, total | 24.5 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Crestwood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 22.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 23.2 | |||
Gross amount carried, total | 25 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Crossroads | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.7 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 13.4 | |||
Gross amount carried, total | 14.2 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Cutler Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.2 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 11 | |||
Gross amount carried, total | 11.7 | |||
Accumulated Depreciation | (7.2) | |||
MH And RV Properties Located In The US [Member] | Cypress Greens | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 7 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 17.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.8 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 20.3 | |||
Gross amount carried, total | 21.3 | |||
Accumulated Depreciation | (5) | |||
MH And RV Properties Located In The US [Member] | Deep Run | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 13.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 13.7 | |||
Gross amount carried, total | 15.7 | |||
Accumulated Depreciation | (1.7) | |||
MH And RV Properties Located In The US [Member] | Deerwood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 36.1 | |||
Initial cost to company, land | 6.9 | |||
Initial cost to company, depreciable assets | 37.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.3 | |||
Gross amount carried, land | 6.9 | |||
Gross amount carried, depreciable assets | 41.9 | |||
Gross amount carried, total | 48.8 | |||
Accumulated Depreciation | (10.9) | |||
MH And RV Properties Located In The US [Member] | Desert Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 10.5 | |||
Initial cost to company, land | 3.9 | |||
Initial cost to company, depreciable assets | 14.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 3.9 | |||
Gross amount carried, depreciable assets | 15.5 | |||
Gross amount carried, total | 19.4 | |||
Accumulated Depreciation | (4.5) | |||
MH And RV Properties Located In The US [Member] | Dutton Mill Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 10.6 | |||
Gross amount carried, total | 11 | |||
Accumulated Depreciation | (4) | |||
MH And RV Properties Located In The US [Member] | Eagle Crest | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 30.3 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 31 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 31.2 | |||
Gross amount carried, total | 33.2 | |||
Accumulated Depreciation | (19.7) | |||
MH And RV Properties Located In The US [Member] | East Fork Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 6.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 17.2 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 23.5 | |||
Gross amount carried, total | 24.8 | |||
Accumulated Depreciation | (14.4) | |||
MH And RV Properties Located In The US [Member] | East Village Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 25.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.3 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 31.7 | |||
Gross amount carried, total | 33.1 | |||
Accumulated Depreciation | (11.1) | |||
MH And RV Properties Located In The US [Member] | Egelcraft | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.1 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 22.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 26.2 | |||
Gross amount carried, total | 26.9 | |||
Accumulated Depreciation | (7.7) | |||
MH And RV Properties Located In The US [Member] | El Capitan Canyon | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 42.1 | |||
Initial cost to company, depreciable assets | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.2 | |||
Gross amount carried, land | 42.1 | |||
Gross amount carried, depreciable assets | 12 | |||
Gross amount carried, total | 54.1 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Ellenton Gardens RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 4.4 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 7.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.4 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 11.2 | |||
Gross amount carried, total | 13.2 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Fairfield Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 18.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 20 | |||
Gross amount carried, total | 21.2 | |||
Accumulated Depreciation | (5.1) | |||
MH And RV Properties Located In The US [Member] | Farmwood Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 12.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 13 | |||
Gross amount carried, total | 14.2 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Fisherman's Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.8 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 8.2 | |||
Gross amount carried, total | 8.6 | |||
Accumulated Depreciation | (5.9) | |||
MH And RV Properties Located In The US [Member] | Flamingo Lake RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.5 | |||
Initial cost to company, depreciable assets | 31.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 4.6 | |||
Gross amount carried, depreciable assets | 33.9 | |||
Gross amount carried, total | 38.5 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | Fond du Lac East / Kettle Moraine KOA | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.3 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 8.9 | |||
Gross amount carried, total | 10 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | Forest Hill | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.1 | |||
Initial cost to company, depreciable assets | 10.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 5.1 | |||
Gross amount carried, depreciable assets | 12.3 | |||
Gross amount carried, total | 17.4 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Forest Meadows | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.7 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 8.8 | |||
Gross amount carried, total | 9.8 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Forest Springs | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.3 | |||
Initial cost to company, depreciable assets | 43.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 9.3 | |||
Gross amount carried, depreciable assets | 46.1 | |||
Gross amount carried, total | 55.4 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Forest View | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 22.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 23.2 | |||
Gross amount carried, total | 24.5 | |||
Accumulated Depreciation | (6) | |||
MH And RV Properties Located In The US [Member] | Fort Dupont | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 2.7 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Four Seasons | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11.2 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 8 | |||
Gross amount carried, total | 8.4 | |||
Accumulated Depreciation | (4.8) | |||
MH And RV Properties Located In The US [Member] | Frenchtown Villa / Elizabeth Woods | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 27.5 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 52.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 35.8 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 88.1 | |||
Gross amount carried, total | 89.6 | |||
Accumulated Depreciation | (26.6) | |||
MH And RV Properties Located In The US [Member] | Friendly Village of La Habra | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 45.9 | |||
Initial cost to company, land | 27 | |||
Initial cost to company, depreciable assets | 25.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 27 | |||
Gross amount carried, depreciable assets | 27 | |||
Gross amount carried, total | 54 | |||
Accumulated Depreciation | (6.2) | |||
MH And RV Properties Located In The US [Member] | Friendly Village of Modesto | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 22.8 | |||
Initial cost to company, land | 6.3 | |||
Initial cost to company, depreciable assets | 20.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 6.3 | |||
Gross amount carried, depreciable assets | 22.5 | |||
Gross amount carried, total | 28.8 | |||
Accumulated Depreciation | (5) | |||
MH And RV Properties Located In The US [Member] | Friendly Village of Simi | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23.1 | |||
Initial cost to company, land | 14.9 | |||
Initial cost to company, depreciable assets | 16 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 14.9 | |||
Gross amount carried, depreciable assets | 17.1 | |||
Gross amount carried, total | 32 | |||
Accumulated Depreciation | (3.9) | |||
MH And RV Properties Located In The US [Member] | Friendly Village of West Covina | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17 | |||
Initial cost to company, land | 14.5 | |||
Initial cost to company, depreciable assets | 5.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 14.5 | |||
Gross amount carried, depreciable assets | 6.3 | |||
Gross amount carried, total | 20.8 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Glen Ellis Family Campground | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.3 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.4 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 24.2 | |||
Gross amount carried, total | 24.6 | |||
Accumulated Depreciation | (2.6) | |||
MH And RV Properties Located In The US [Member] | Glen Haven RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 5 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 8.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 10.7 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (2.4) | |||
MH And RV Properties Located In The US [Member] | Glen Laurel | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 0.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.9 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 10.4 | |||
Gross amount carried, total | 12 | |||
Accumulated Depreciation | (6.4) | |||
MH And RV Properties Located In The US [Member] | Goldcoaster | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 10.2 | |||
Gross amount carried, total | 10.8 | |||
Accumulated Depreciation | (6.2) | |||
MH And RV Properties Located In The US [Member] | Grand Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.5 | |||
Initial cost to company, depreciable assets | 6.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 3.5 | |||
Gross amount carried, depreciable assets | 8.1 | |||
Gross amount carried, total | 11.6 | |||
Accumulated Depreciation | (1.7) | |||
MH And RV Properties Located In The US [Member] | Grand Lake RV & Golf Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.3 | |||
Initial cost to company, depreciable assets | 4.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.8 | |||
Gross amount carried, land | 5.4 | |||
Gross amount carried, depreciable assets | 11.3 | |||
Gross amount carried, total | 16.7 | |||
Accumulated Depreciation | (3.9) | |||
MH And RV Properties Located In The US [Member] | Grand Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.9 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.5 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 7.1 | |||
Gross amount carried, total | 7.5 | |||
Accumulated Depreciation | (4.3) | |||
MH And RV Properties Located In The US [Member] | Grove Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 10.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 10.5 | |||
Gross amount carried, total | 11.7 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Grove Ridge RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3.1 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 5.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 8 | |||
Gross amount carried, total | 9.3 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Groves RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 16.1 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 2.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (2.4) | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 0.2 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Gulfstream Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 14.5 | |||
Initial cost to company, depreciable assets | 78.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.6 | |||
Gross amount carried, land | 14.5 | |||
Gross amount carried, depreciable assets | 84.5 | |||
Gross amount carried, total | 99 | |||
Accumulated Depreciation | (21.5) | |||
MH And RV Properties Located In The US [Member] | Hacienda Del Rio | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 33.3 | |||
Initial cost to company, depreciable assets | 80.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12.4 | |||
Gross amount carried, land | 33.3 | |||
Gross amount carried, depreciable assets | 92.7 | |||
Gross amount carried, total | 126 | |||
Accumulated Depreciation | (10.4) | |||
MH And RV Properties Located In The US [Member] | Hamlin | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 10 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.6 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 14.8 | |||
Gross amount carried, total | 15.5 | |||
Accumulated Depreciation | (8.9) | |||
MH And RV Properties Located In The US [Member] | Hancock Heights Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 9.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 9.4 | |||
Gross amount carried, total | 10.1 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Hannah Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 4.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 5 | |||
Gross amount carried, total | 5.4 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Hemlocks | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 7.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 7.7 | |||
Gross amount carried, total | 8.7 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Heritage | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.2 | |||
Initial cost to company, land | 13.2 | |||
Initial cost to company, depreciable assets | 7.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 13.2 | |||
Gross amount carried, depreciable assets | 9.1 | |||
Gross amount carried, total | 22.3 | |||
Accumulated Depreciation | (2.1) | |||
MH And RV Properties Located In The US [Member] | Hickory Hills Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 7.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 10.1 | |||
Gross amount carried, total | 10.9 | |||
Accumulated Depreciation | (3.7) | |||
MH And RV Properties Located In The US [Member] | Hidden River RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4 | |||
Initial cost to company, depreciable assets | 6.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10 | |||
Gross amount carried, land | 4 | |||
Gross amount carried, depreciable assets | 16.4 | |||
Gross amount carried, total | 20.4 | |||
Accumulated Depreciation | (2.5) | |||
MH And RV Properties Located In The US [Member] | High Point Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.1 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 14.1 | |||
Gross amount carried, total | 15 | |||
Accumulated Depreciation | (7) | |||
MH And RV Properties Located In The US [Member] | Highland Greens Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 38 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 58 | |||
Gross amount carried, total | 61.1 | |||
Accumulated Depreciation | (5.3) | |||
MH And RV Properties Located In The US [Member] | Hillcrest | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10.6 | |||
Initial cost to company, depreciable assets | 9.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 10.6 | |||
Gross amount carried, depreciable assets | 11.1 | |||
Gross amount carried, total | 21.7 | |||
Accumulated Depreciation | (1.4) | |||
MH And RV Properties Located In The US [Member] | Holiday Park Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.8 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 13.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 15.4 | |||
Gross amount carried, total | 16.5 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Holiday West Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.1 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 8.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 8.8 | |||
Gross amount carried, total | 9.1 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | Holly Forest | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23.3 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 8.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 10 | |||
Gross amount carried, total | 10.9 | |||
Accumulated Depreciation | (7.6) | |||
MH And RV Properties Located In The US [Member] | Holly Village / Hawaiian Gardens | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.5 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 13.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.4 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 23 | |||
Gross amount carried, total | 24.5 | |||
Accumulated Depreciation | (11.2) | |||
MH And RV Properties Located In The US [Member] | Homosassa River RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 8.6 | |||
Gross amount carried, total | 10.1 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Horseshoe Cove RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.6 | |||
Initial cost to company, land | 9.5 | |||
Initial cost to company, depreciable assets | 32.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.2 | |||
Gross amount carried, land | 9.5 | |||
Gross amount carried, depreciable assets | 38.8 | |||
Gross amount carried, total | 48.3 | |||
Accumulated Depreciation | (8.5) | |||
MH And RV Properties Located In The US [Member] | Hospitality Creek Campground | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 15.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 16.2 | |||
Gross amount carried, total | 17 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Hunters Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 1.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 2.3 | |||
Gross amount carried, total | 2.6 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Hunters Glen | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 11.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 16.1 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 28 | |||
Gross amount carried, total | 29.4 | |||
Accumulated Depreciation | (13) | |||
MH And RV Properties Located In The US [Member] | Huntington Run | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 11.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 12.4 | |||
Gross amount carried, total | 13 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Hyde Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.6 | |||
Initial cost to company, depreciable assets | 18.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 6.6 | |||
Gross amount carried, depreciable assets | 19.5 | |||
Gross amount carried, total | 26.1 | |||
Accumulated Depreciation | (2.2) | |||
MH And RV Properties Located In The US [Member] | Indian Creek Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 57.5 | |||
Initial cost to company, land | 3.8 | |||
Initial cost to company, depreciable assets | 34.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (34.7) | |||
Gross amount carried, land | 3.8 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 3.8 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Indian Wells RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.9 | |||
Initial cost to company, depreciable assets | 19.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7 | |||
Gross amount carried, land | 2.9 | |||
Gross amount carried, depreciable assets | 26.5 | |||
Gross amount carried, total | 29.4 | |||
Accumulated Depreciation | (5.6) | |||
MH And RV Properties Located In The US [Member] | Island Lakes | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 10.7 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 7.8 | |||
Gross amount carried, total | 8.5 | |||
Accumulated Depreciation | (6.1) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park (TM) Androscoggin Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3.4 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.6 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 9.2 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Barton Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 4.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 26 | |||
Gross amount carried, land | 4.7 | |||
Gross amount carried, depreciable assets | 26 | |||
Gross amount carried, total | 30.7 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Birchwood Acres MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.3 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 15.8 | |||
Gross amount carried, total | 16.4 | |||
Accumulated Depreciation | (5.7) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ of Chicago | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 5.4 | |||
Gross amount carried, total | 5.9 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park (TM) Chincoteague Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.7 | |||
Initial cost to company, depreciable assets | 13.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.9 | |||
Gross amount carried, land | 5.7 | |||
Gross amount carried, depreciable assets | 29.7 | |||
Gross amount carried, total | 35.4 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Gardiner | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 28.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 16.8 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 45.2 | |||
Gross amount carried, total | 46.1 | |||
Accumulated Depreciation | (7.7) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Golden Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.8 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 58.2 | |||
Gross amount carried, land | 4.8 | |||
Gross amount carried, depreciable assets | 62.5 | |||
Gross amount carried, total | 67.3 | |||
Accumulated Depreciation | (8.3) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Guadalupe River | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 23.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11.9 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 35.8 | |||
Gross amount carried, total | 38.3 | |||
Accumulated Depreciation | (6.5) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Hill Country | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 20.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.4 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 27.1 | |||
Gross amount carried, total | 29.1 | |||
Accumulated Depreciation | (4.5) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Larkspur | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 103.8 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 109.3 | |||
Gross amount carried, total | 111.6 | |||
Accumulated Depreciation | (13.3) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Luray | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.2 | |||
Initial cost to company, depreciable assets | 29.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.3 | |||
Gross amount carried, land | 3.2 | |||
Gross amount carried, depreciable assets | 37.9 | |||
Gross amount carried, total | 41.1 | |||
Accumulated Depreciation | (6.6) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park at Mammoth Cave | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 32.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 2.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.9) | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 31.6 | |||
Gross amount carried, total | 33.8 | |||
Accumulated Depreciation | (2) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Maryland | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 23.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.1 | |||
Gross amount carried, land | 2.1 | |||
Gross amount carried, depreciable assets | 33.8 | |||
Gross amount carried, total | 35.9 | |||
Accumulated Depreciation | (5.7) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Memphis | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 2.4 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 8.5 | |||
Gross amount carried, total | 9.4 | |||
Accumulated Depreciation | (1.4) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Natural Bridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 11.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.1 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 15.8 | |||
Gross amount carried, total | 16.7 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park (TM) Petoskey | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 8.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.6 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 18.3 | |||
Gross amount carried, total | 19.2 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ at Quarryville | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.9 | |||
Initial cost to company, depreciable assets | 33.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.7 | |||
Gross amount carried, land | 3.9 | |||
Gross amount carried, depreciable assets | 42.5 | |||
Gross amount carried, total | 46.4 | |||
Accumulated Depreciation | (7.4) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park (TM) at Tower Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.6 | |||
Initial cost to company, depreciable assets | 29.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 34 | |||
Gross amount carried, land | 2.6 | |||
Gross amount carried, depreciable assets | 63.8 | |||
Gross amount carried, total | 66.4 | |||
Accumulated Depreciation | (8.8) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park™ of Western New York | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 8.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 16.9 | |||
Gross amount carried, total | 17.8 | |||
Accumulated Depreciation | (6.6) | |||
MH And RV Properties Located In The US [Member] | Jellystone Park at Whispering Pines | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 13.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 16.4 | |||
Gross amount carried, total | 18.1 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Jellystone Lincoln | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 17 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 17.4 | |||
Gross amount carried, total | 17.4 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Jetstream RV Resort at NASA | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3 | |||
Initial cost to company, depreciable assets | 14.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 3 | |||
Gross amount carried, depreciable assets | 14.8 | |||
Gross amount carried, total | 17.8 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Kensington Meadows | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17.7 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 2.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.4 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 13.1 | |||
Gross amount carried, total | 13.4 | |||
Accumulated Depreciation | (8.5) | |||
MH And RV Properties Located In The US [Member] | Kimberly Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.7 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 19.9 | |||
Gross amount carried, total | 21.2 | |||
Accumulated Depreciation | (6) | |||
MH And RV Properties Located In The US [Member] | King's Court | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 65 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 13.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20.1 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 33.9 | |||
Gross amount carried, total | 35.6 | |||
Accumulated Depreciation | (17.9) | |||
MH And RV Properties Located In The US [Member] | King's Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.2 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.4 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 5.9 | |||
Gross amount carried, total | 6.2 | |||
Accumulated Depreciation | (4.2) | |||
MH And RV Properties Located In The US [Member] | Kings Manor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.6 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 11.2 | |||
Gross amount carried, total | 13.5 | |||
Accumulated Depreciation | (3.1) | |||
MH And RV Properties Located In The US [Member] | Kings Pointe | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 16.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 17.5 | |||
Gross amount carried, total | 18 | |||
Accumulated Depreciation | (4.4) | |||
MH And RV Properties Located In The US [Member] | Kissimmee Gardens | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.3 | |||
Initial cost to company, depreciable assets | 14.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 3.3 | |||
Gross amount carried, depreciable assets | 16.3 | |||
Gross amount carried, total | 19.6 | |||
Accumulated Depreciation | (3.7) | |||
MH And RV Properties Located In The US [Member] | Kissimmee South MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.4 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 13.2 | |||
Gross amount carried, total | 16.9 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Kittatinny Campground & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 3.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.5 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 18.5 | |||
Gross amount carried, total | 21.6 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Knollwood Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 9.2 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 4.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 7.1 | |||
Gross amount carried, total | 7.5 | |||
Accumulated Depreciation | (3.9) | |||
MH And RV Properties Located In The US [Member] | La Casa Blanca | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.4 | |||
Initial cost to company, depreciable assets | 14.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 4.4 | |||
Gross amount carried, depreciable assets | 14.9 | |||
Gross amount carried, total | 19.3 | |||
Accumulated Depreciation | (4.4) | |||
MH And RV Properties Located In The US [Member] | La Costa Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 48.2 | |||
Initial cost to company, land | 3.6 | |||
Initial cost to company, depreciable assets | 62.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 3.6 | |||
Gross amount carried, depreciable assets | 64.9 | |||
Gross amount carried, total | 68.5 | |||
Accumulated Depreciation | (16.7) | |||
MH And RV Properties Located In The US [Member] | Lafayette Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.2 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 13.1 | |||
Gross amount carried, total | 13.8 | |||
Accumulated Depreciation | (8.3) | |||
MH And RV Properties Located In The US [Member] | Lake Josephine RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 2.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 5.9 | |||
Gross amount carried, total | 6.4 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Lake Juliana Landings | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 5.2 | |||
Gross amount carried, total | 5.5 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | Lake Pointe Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17.2 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 29.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 30.6 | |||
Gross amount carried, total | 31.1 | |||
Accumulated Depreciation | (7.7) | |||
MH And RV Properties Located In The US [Member] | Lake San Marino RV Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 5.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.5 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 12.2 | |||
Gross amount carried, total | 12.9 | |||
Accumulated Depreciation | (7.1) | |||
MH And RV Properties Located In The US [Member] | Lakefront | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 34.5 | |||
Initial cost to company, land | 21.6 | |||
Initial cost to company, depreciable assets | 17.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 21.6 | |||
Gross amount carried, depreciable assets | 18.8 | |||
Gross amount carried, total | 40.4 | |||
Accumulated Depreciation | (4.3) | |||
MH And RV Properties Located In The US [Member] | Lakeland RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.8 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 9.3 | |||
Gross amount carried, total | 11 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Lakeshore Landings | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 12.2 | |||
Initial cost to company, land | 2.6 | |||
Initial cost to company, depreciable assets | 19.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 2.6 | |||
Gross amount carried, depreciable assets | 21.4 | |||
Gross amount carried, total | 24 | |||
Accumulated Depreciation | (6.2) | |||
MH And RV Properties Located In The US [Member] | Lakeshore Villas | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 19 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 20.7 | |||
Gross amount carried, total | 23.8 | |||
Accumulated Depreciation | (5.2) | |||
MH And RV Properties Located In The US [Member] | Lakeside | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 3.6 | |||
Gross amount carried, total | 4.9 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Lakeside Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11.8 | |||
Initial cost to company, land | 3.5 | |||
Initial cost to company, depreciable assets | 31.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20.5 | |||
Gross amount carried, land | 3.5 | |||
Gross amount carried, depreciable assets | 52.1 | |||
Gross amount carried, total | 55.6 | |||
Accumulated Depreciation | (10.6) | |||
MH And RV Properties Located In The US [Member] | Lakeview | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 10.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.6 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 19.5 | |||
Gross amount carried, total | 20.7 | |||
Accumulated Depreciation | (10.3) | |||
MH And RV Properties Located In The US [Member] | Lakeview CT | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 8.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 10.4 | |||
Gross amount carried, total | 12.9 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | Lakeview Mobile Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 4.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 21.6 | |||
Gross amount carried, land | 4.1 | |||
Gross amount carried, depreciable assets | 21.6 | |||
Gross amount carried, total | 25.7 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Lamplighter | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 12.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 13.9 | |||
Gross amount carried, total | 15.2 | |||
Accumulated Depreciation | (3.5) | |||
MH And RV Properties Located In The US [Member] | Latana Ranch South | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 14.4 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 14.4 | |||
Gross amount carried, depreciable assets | 0.6 | |||
Gross amount carried, total | 15 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Laurel Heights | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 0.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 0.9 | |||
Gross amount carried, total | 2.6 | |||
Accumulated Depreciation | (0.1) | |||
MH And RV Properties Located In The US [Member] | Lazy J Ranch | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.1 | |||
Initial cost to company, depreciable assets | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 7.1 | |||
Gross amount carried, depreciable assets | 7.6 | |||
Gross amount carried, total | 14.7 | |||
Accumulated Depreciation | (1.4) | |||
MH And RV Properties Located In The US [Member] | Leaf Verde RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.4 | |||
Initial cost to company, depreciable assets | 8.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 9.7 | |||
Gross amount carried, total | 13.1 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | Leisure Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 8.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.8 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 11 | |||
Gross amount carried, total | 11.5 | |||
Accumulated Depreciation | (3.7) | |||
MH And RV Properties Located In The US [Member] | Lemon Wood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23.9 | |||
Initial cost to company, land | 19.5 | |||
Initial cost to company, depreciable assets | 6.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 19.5 | |||
Gross amount carried, depreciable assets | 8.3 | |||
Gross amount carried, total | 27.8 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Liberty Farm | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 1.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.2 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 6.4 | |||
Gross amount carried, total | 6.6 | |||
Accumulated Depreciation | (3.6) | |||
MH And RV Properties Located In The US [Member] | Lincoln Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 5.9 | |||
Gross amount carried, total | 6.4 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Lone Star Jellystone Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 19.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12.3 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 31.7 | |||
Gross amount carried, total | 33.5 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Lost Dutchman | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3.6 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 4.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.2 | |||
Gross amount carried, land | 4.1 | |||
Gross amount carried, depreciable assets | 15.2 | |||
Gross amount carried, total | 19.3 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Majestic Oaks RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 4.2 | |||
Initial cost to company, land | 3.9 | |||
Initial cost to company, depreciable assets | 4.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 4 | |||
Gross amount carried, depreciable assets | 7.1 | |||
Gross amount carried, total | 11.1 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Maple Brook | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 39.5 | |||
Initial cost to company, land | 8.5 | |||
Initial cost to company, depreciable assets | 48.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 8.5 | |||
Gross amount carried, depreciable assets | 49.6 | |||
Gross amount carried, total | 58.1 | |||
Accumulated Depreciation | (14.3) | |||
MH And RV Properties Located In The US [Member] | Maplewood Manor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 7.4 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 13 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 14.7 | |||
Gross amount carried, total | 16.5 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Marco Naples RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.8 | |||
Initial cost to company, depreciable assets | 10.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.7 | |||
Gross amount carried, land | 2.8 | |||
Gross amount carried, depreciable assets | 16.2 | |||
Gross amount carried, total | 19 | |||
Accumulated Depreciation | (3.3) | |||
MH And RV Properties Located In The US [Member] | Marina Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 0.7 | |||
Gross amount carried, total | 1 | |||
Accumulated Depreciation | (0.1) | |||
MH And RV Properties Located In The US [Member] | Meadow Lake Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 11.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.4 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 18.9 | |||
Gross amount carried, total | 20.2 | |||
Accumulated Depreciation | (14.6) | |||
MH And RV Properties Located In The US [Member] | Meadowbrook | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 6.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.7 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 17.3 | |||
Gross amount carried, total | 18.6 | |||
Accumulated Depreciation | (10.6) | |||
MH And RV Properties Located In The US [Member] | Meadowbrook Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 21.3 | |||
Gross amount carried, total | 22.1 | |||
Accumulated Depreciation | (13.5) | |||
MH And RV Properties Located In The US [Member] | Meadowbrook Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 10.9 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 6.1 | |||
Gross amount carried, total | 6.6 | |||
Accumulated Depreciation | (5.1) | |||
MH And RV Properties Located In The US [Member] | Meadowlands of Gibraltar | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17.6 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 7.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 10.6 | |||
Gross amount carried, total | 11.2 | |||
Accumulated Depreciation | (2.9) | |||
MH And RV Properties Located In The US [Member] | Meadowstone | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 20.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 20.8 | |||
Gross amount carried, total | 21.5 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Menifee Development | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.1 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 10.1 | |||
Gross amount carried, total | 12.4 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Merrymeeting | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 1.8 | |||
Gross amount carried, total | 2.1 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Mi-Te-Jo Campground | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 7.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 20.6 | |||
Gross amount carried, total | 22 | |||
Accumulated Depreciation | (2.9) | |||
MH And RV Properties Located In The US [Member] | Mill Creek MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 4.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.9 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 10.7 | |||
Gross amount carried, total | 12.1 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | Millwood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 2.6 | |||
Gross amount carried, total | 5 | |||
Accumulated Depreciation | (0.1) | |||
MH And RV Properties Located In The US [Member] | Moreno 66 Development | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 5 | |||
Gross amount carried, depreciable assets | 4.5 | |||
Gross amount carried, total | 9.5 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Mountain View | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.5 | |||
Initial cost to company, depreciable assets | 12.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 5.5 | |||
Gross amount carried, depreciable assets | 13.1 | |||
Gross amount carried, total | 18.6 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | Napa Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 27.5 | |||
Initial cost to company, land | 17.7 | |||
Initial cost to company, depreciable assets | 11.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 17.7 | |||
Gross amount carried, depreciable assets | 12.8 | |||
Gross amount carried, total | 30.5 | |||
Accumulated Depreciation | (3) | |||
MH And RV Properties Located In The US [Member] | Naples RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6.6 | |||
Initial cost to company, land | 3.6 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 3.6 | |||
Gross amount carried, depreciable assets | 5.2 | |||
Gross amount carried, total | 8.8 | |||
Accumulated Depreciation | (1.7) | |||
MH And RV Properties Located In The US [Member] | New England Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.2 | |||
Initial cost to company, depreciable assets | 1.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 4.2 | |||
Gross amount carried, depreciable assets | 1.5 | |||
Gross amount carried, total | 5.7 | |||
Accumulated Depreciation | (0.2) | |||
MH And RV Properties Located In The US [Member] | North Lake Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.2 | |||
Initial cost to company, depreciable assets | 3.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 4.2 | |||
Gross amount carried, depreciable assets | 5.6 | |||
Gross amount carried, total | 9.8 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | North Point Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.2 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 7.2 | |||
Gross amount carried, total | 8.8 | |||
Accumulated Depreciation | (4.2) | |||
MH And RV Properties Located In The US [Member] | Northville Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 29.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.5 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 35 | |||
Gross amount carried, total | 36.2 | |||
Accumulated Depreciation | (12.9) | |||
MH And RV Properties Located In The US [Member] | Norway Commons | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 15.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 15.9 | |||
Gross amount carried, total | 15.9 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Oak Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.8 | |||
Initial cost to company, depreciable assets | 11.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 4.8 | |||
Gross amount carried, depreciable assets | 13.9 | |||
Gross amount carried, total | 18.7 | |||
Accumulated Depreciation | (4) | |||
MH And RV Properties Located In The US [Member] | Oak Crest | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 20.4 | |||
Initial cost to company, land | 4.3 | |||
Initial cost to company, depreciable assets | 12.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 4.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 26.6 | |||
Gross amount carried, land | 8.7 | |||
Gross amount carried, depreciable assets | 39.2 | |||
Gross amount carried, total | 47.9 | |||
Accumulated Depreciation | (13.1) | |||
MH And RV Properties Located In The US [Member] | Oak Grove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 1.7 | |||
Gross amount carried, total | 2.7 | |||
Accumulated Depreciation | (0.2) | |||
MH And RV Properties Located In The US [Member] | Oak Island Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 16.4 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.5 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 10.3 | |||
Gross amount carried, total | 10.6 | |||
Accumulated Depreciation | (4) | |||
MH And RV Properties Located In The US [Member] | Oak Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 28.4 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 36.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.6 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 42.5 | |||
Gross amount carried, total | 43.6 | |||
Accumulated Depreciation | (12.4) | |||
MH And RV Properties Located In The US [Member] | Oakview Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 5.4 | |||
Gross amount carried, total | 6.3 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | Oakwood Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 31.5 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 6.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 14 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 20.4 | |||
Gross amount carried, total | 22.4 | |||
Accumulated Depreciation | (13) | |||
MH And RV Properties Located In The US [Member] | Ocean Breeze Jensen Beach MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19 | |||
Initial cost to company, depreciable assets | 13.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 35 | |||
Gross amount carried, land | 19 | |||
Gross amount carried, depreciable assets | 48.9 | |||
Gross amount carried, total | 67.9 | |||
Accumulated Depreciation | (9.1) | |||
MH And RV Properties Located In The US [Member] | Ocean Breeze MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 1.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.2 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 8 | |||
Gross amount carried, total | 10.3 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Ocean Pines | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.6 | |||
Initial cost to company, depreciable assets | 35.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 7.6 | |||
Gross amount carried, depreciable assets | 37 | |||
Gross amount carried, total | 44.6 | |||
Accumulated Depreciation | (5.5) | |||
MH And RV Properties Located In The US [Member] | Ocean View | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.6 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.3 | |||
Gross amount carried, land | 4.8 | |||
Gross amount carried, depreciable assets | 9.3 | |||
Gross amount carried, total | 14.1 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Ocean West | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 4.4 | |||
Initial cost to company, land | 5 | |||
Initial cost to company, depreciable assets | 4.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 5.4 | |||
Gross amount carried, depreciable assets | 5.6 | |||
Gross amount carried, total | 11 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Orange City MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11.2 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.9 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 12.4 | |||
Gross amount carried, total | 13.3 | |||
Accumulated Depreciation | (3.6) | |||
MH And RV Properties Located In The US [Member] | Orange Tree Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 9.4 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 4 | |||
Gross amount carried, total | 4.3 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | Orchard Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 7.6 | |||
Gross amount carried, total | 8 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Paddock Park South | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 6.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 8.8 | |||
Gross amount carried, total | 9.4 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Palm Creek Golf & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 90.8 | |||
Initial cost to company, land | 11.8 | |||
Initial cost to company, depreciable assets | 76.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 28 | |||
Gross amount carried, land | 11.8 | |||
Gross amount carried, depreciable assets | 104.1 | |||
Gross amount carried, total | 115.9 | |||
Accumulated Depreciation | (39.7) | |||
MH And RV Properties Located In The US [Member] | Palm Key Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 15 | |||
Initial cost to company, land | 3.8 | |||
Initial cost to company, depreciable assets | 15.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 3.8 | |||
Gross amount carried, depreciable assets | 16.3 | |||
Gross amount carried, total | 20.1 | |||
Accumulated Depreciation | (4.2) | |||
MH And RV Properties Located In The US [Member] | Palm Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3 | |||
Initial cost to company, depreciable assets | 2.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 3 | |||
Gross amount carried, depreciable assets | 4.7 | |||
Gross amount carried, total | 7.7 | |||
Accumulated Depreciation | (1) | |||
MH And RV Properties Located In The US [Member] | Palos Verdes Shores MH & Golf Community | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 34.4 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 21.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 27.8 | |||
Gross amount carried, total | 27.8 | |||
Accumulated Depreciation | (5.5) | |||
MH And RV Properties Located In The US [Member] | Park Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 48.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 53.1 | |||
Gross amount carried, total | 54.6 | |||
Accumulated Depreciation | (13.1) | |||
MH And RV Properties Located In The US [Member] | Park Royale | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 14.4 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 29 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 30 | |||
Gross amount carried, total | 30.7 | |||
Accumulated Depreciation | (7.6) | |||
MH And RV Properties Located In The US [Member] | Parkside Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 10.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 10.8 | |||
Gross amount carried, total | 11.4 | |||
Accumulated Depreciation | (3.1) | |||
MH And RV Properties Located In The US [Member] | Pearwood RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 10.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.7) | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 9.6 | |||
Gross amount carried, total | 10.8 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Pebble Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 5.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 16.1 | |||
Gross amount carried, total | 17.1 | |||
Accumulated Depreciation | (8.5) | |||
MH And RV Properties Located In The US [Member] | Pecan Branch | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20.5 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 20.5 | |||
Gross amount carried, total | 22.1 | |||
Accumulated Depreciation | (6.1) | |||
MH And RV Properties Located In The US [Member] | Pecan Park RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12.8 | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 17.8 | |||
Gross amount carried, total | 21.2 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Pelican Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 10.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 12.2 | |||
Gross amount carried, total | 12.7 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | Pembroke Downs | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.1 | |||
Initial cost to company, land | 9.6 | |||
Initial cost to company, depreciable assets | 7.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 9.6 | |||
Gross amount carried, depreciable assets | 8.3 | |||
Gross amount carried, total | 17.9 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Pheasant Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 41.3 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 19.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 20.7 | |||
Gross amount carried, total | 22.7 | |||
Accumulated Depreciation | (13.3) | |||
MH And RV Properties Located In The US [Member] | Pine Acre Trails | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 15.6 | |||
Initial cost to company, depreciable assets | 16.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 15.6 | |||
Gross amount carried, depreciable assets | 19.8 | |||
Gross amount carried, total | 35.4 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Pine Hills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 0.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.2 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 4.7 | |||
Gross amount carried, total | 4.8 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Pine Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 2.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 24.5 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 26.9 | |||
Gross amount carried, total | 27.3 | |||
Accumulated Depreciation | (9.4) | |||
MH And RV Properties Located In The US [Member] | Pine Trace | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.9 | |||
Initial cost to company, depreciable assets | 17.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.9 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 31.1 | |||
Gross amount carried, total | 33.8 | |||
Accumulated Depreciation | (16.6) | |||
MH And RV Properties Located In The US [Member] | Pinebrook Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 5.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 7.4 | |||
Gross amount carried, total | 7.5 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Pineview Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 57.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 27.8 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 85.2 | |||
Gross amount carried, total | 87.1 | |||
Accumulated Depreciation | (4.5) | |||
MH And RV Properties Located In The US [Member] | Pismo Dunes RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.7 | |||
Initial cost to company, land | 11.1 | |||
Initial cost to company, depreciable assets | 10.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 11.1 | |||
Gross amount carried, depreciable assets | 11.7 | |||
Gross amount carried, total | 22.8 | |||
Accumulated Depreciation | (2.3) | |||
MH And RV Properties Located In The US [Member] | Pleasant Beach Campground | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 0.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.4) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 0.6 | |||
Gross amount carried, total | 1.8 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Pleasant Lake RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11.8 | |||
Initial cost to company, land | 5.2 | |||
Initial cost to company, depreciable assets | 20.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.6 | |||
Gross amount carried, land | 5.2 | |||
Gross amount carried, depreciable assets | 25 | |||
Gross amount carried, total | 30.2 | |||
Accumulated Depreciation | (5.7) | |||
MH And RV Properties Located In The US [Member] | Presidential Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 23 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.5 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 11.8 | |||
Gross amount carried, total | 12.5 | |||
Accumulated Depreciation | (7.4) | |||
MH And RV Properties Located In The US [Member] | Rainbow MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 5.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 10.6 | |||
Gross amount carried, total | 12.5 | |||
Accumulated Depreciation | (3.9) | |||
MH And RV Properties Located In The US [Member] | Rainbow Village of Largo | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.5 | |||
Initial cost to company, land | 4.4 | |||
Initial cost to company, depreciable assets | 12.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4 | |||
Gross amount carried, land | 4.4 | |||
Gross amount carried, depreciable assets | 16.5 | |||
Gross amount carried, total | 20.9 | |||
Accumulated Depreciation | (4) | |||
MH And RV Properties Located In The US [Member] | Rainbow Village of Zephyrhills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.7 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 9.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 12.6 | |||
Gross amount carried, total | 14.4 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Rancho Alipaz | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 12.2 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 2.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 16.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 16.2 | |||
Gross amount carried, depreciable assets | 3.8 | |||
Gross amount carried, total | 20 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Rancho Caballero | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 21.9 | |||
Initial cost to company, land | 16.6 | |||
Initial cost to company, depreciable assets | 12.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 16.6 | |||
Gross amount carried, depreciable assets | 13.9 | |||
Gross amount carried, total | 30.5 | |||
Accumulated Depreciation | (3) | |||
MH And RV Properties Located In The US [Member] | Rancho Mirage | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.5 | |||
Initial cost to company, depreciable assets | 22.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 7.5 | |||
Gross amount carried, depreciable assets | 23.3 | |||
Gross amount carried, total | 30.8 | |||
Accumulated Depreciation | (6.7) | |||
MH And RV Properties Located In The US [Member] | Red Oaks MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.2 | |||
Initial cost to company, depreciable assets | 20.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.7 | |||
Gross amount carried, land | 5.2 | |||
Gross amount carried, depreciable assets | 28.2 | |||
Gross amount carried, total | 33.4 | |||
Accumulated Depreciation | (6.4) | |||
MH And RV Properties Located In The US [Member] | Regency Heights | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 26 | |||
Initial cost to company, land | 11.3 | |||
Initial cost to company, depreciable assets | 15.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.7 | |||
Gross amount carried, land | 11.3 | |||
Gross amount carried, depreciable assets | 19.4 | |||
Gross amount carried, total | 30.7 | |||
Accumulated Depreciation | (4) | |||
MH And RV Properties Located In The US [Member] | Reserve at Fox Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 15 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 20.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 21.2 | |||
Gross amount carried, total | 23.2 | |||
Accumulated Depreciation | (6.1) | |||
MH And RV Properties Located In The US [Member] | Richmond Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6.4 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.7 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 5.7 | |||
Gross amount carried, total | 6.2 | |||
Accumulated Depreciation | (3.3) | |||
MH And RV Properties Located In The US [Member] | River Beach Campsites & RV | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 4.5 | |||
Gross amount carried, total | 4.8 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | River Haven Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 16.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.3 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 35.2 | |||
Gross amount carried, total | 37 | |||
Accumulated Depreciation | (18.4) | |||
MH And RV Properties Located In The US [Member] | River Pines | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.7 | |||
Initial cost to company, depreciable assets | 37.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 38.7 | |||
Gross amount carried, total | 41.4 | |||
Accumulated Depreciation | (4.7) | |||
MH And RV Properties Located In The US [Member] | River Ranch | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.7 | |||
Initial cost to company, depreciable assets | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 38.9 | |||
Gross amount carried, land | 4.9 | |||
Gross amount carried, depreciable assets | 39.7 | |||
Gross amount carried, total | 44.6 | |||
Accumulated Depreciation | (14.2) | |||
MH And RV Properties Located In The US [Member] | River Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 26.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 27.6 | |||
Gross amount carried, total | 28.6 | |||
Accumulated Depreciation | (1.4) | |||
MH And RV Properties Located In The US [Member] | River Ridge Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 39.5 | |||
Initial cost to company, land | 3.2 | |||
Initial cost to company, depreciable assets | 15.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.4 | |||
Gross amount carried, land | 3.2 | |||
Gross amount carried, depreciable assets | 21.5 | |||
Gross amount carried, total | 24.7 | |||
Accumulated Depreciation | (12.7) | |||
MH And RV Properties Located In The US [Member] | Riverside Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 37.5 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 66.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 14.7 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 80.9 | |||
Gross amount carried, total | 82.5 | |||
Accumulated Depreciation | (18.9) | |||
MH And RV Properties Located In The US [Member] | Riverside Drive Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 12.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 13.3 | |||
Gross amount carried, total | 14.5 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Rock Crusher Canyon RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.5 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 12 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (3) | |||
MH And RV Properties Located In The US [Member] | Rolling Hills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 4 | |||
Gross amount carried, depreciable assets | 8.2 | |||
Gross amount carried, total | 12.2 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Roxbury Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 9.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.5 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 17.4 | |||
Gross amount carried, total | 18.5 | |||
Accumulated Depreciation | (9) | |||
MH And RV Properties Located In The US [Member] | Royal Country | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 58.5 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 20.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 24.4 | |||
Gross amount carried, total | 26.7 | |||
Accumulated Depreciation | (21.3) | |||
MH And RV Properties Located In The US [Member] | Royal Palm Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 10.6 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 27.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.7 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 32.1 | |||
Gross amount carried, total | 33.8 | |||
Accumulated Depreciation | (8) | |||
MH And RV Properties Located In The US [Member] | Royal Palms MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 21.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 24.3 | |||
Gross amount carried, total | 24.3 | |||
Accumulated Depreciation | (5.2) | |||
MH And RV Properties Located In The US [Member] | Rudgate Clinton | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 23.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11.1 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 34.8 | |||
Gross amount carried, total | 35.9 | |||
Accumulated Depreciation | (12.3) | |||
MH And RV Properties Located In The US [Member] | Rudgate Manor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 31.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.1 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 46.2 | |||
Gross amount carried, total | 47.6 | |||
Accumulated Depreciation | (16.6) | |||
MH And RV Properties Located In The US [Member] | Saddle Oak Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.8 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 9.4 | |||
Accumulated Depreciation | (7.2) | |||
MH And RV Properties Located In The US [Member] | Saddlebrook | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 11.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 25.1 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 36.9 | |||
Gross amount carried, total | 38.6 | |||
Accumulated Depreciation | (16.1) | |||
MH And RV Properties Located In The US [Member] | Sandy Lake MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 17.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 19.8 | |||
Gross amount carried, total | 20.5 | |||
Accumulated Depreciation | (4.4) | |||
MH And RV Properties Located In The US [Member] | Saralake Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.5 | |||
Initial cost to company, depreciable assets | 11.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 6.5 | |||
Gross amount carried, depreciable assets | 12.8 | |||
Gross amount carried, total | 19.3 | |||
Accumulated Depreciation | (2.9) | |||
MH And RV Properties Located In The US [Member] | Savanna Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 63.2 | |||
Initial cost to company, land | 12.8 | |||
Initial cost to company, depreciable assets | 79.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 12.8 | |||
Gross amount carried, depreciable assets | 80.7 | |||
Gross amount carried, total | 93.5 | |||
Accumulated Depreciation | (20.7) | |||
MH And RV Properties Located In The US [Member] | Scio Farms | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 52.9 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 22.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.9 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 38.6 | |||
Gross amount carried, total | 40.9 | |||
Accumulated Depreciation | (26.6) | |||
MH And RV Properties Located In The US [Member] | Sea Air Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 10.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.3 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 13.5 | |||
Gross amount carried, total | 15.1 | |||
Accumulated Depreciation | (8.2) | |||
MH And RV Properties Located In The US [Member] | Serendipity | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 23.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 27.1 | |||
Gross amount carried, total | 28.3 | |||
Accumulated Depreciation | (6.8) | |||
MH And RV Properties Located In The US [Member] | Settler's Rest RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 7.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 10 | |||
Gross amount carried, total | 11.8 | |||
Accumulated Depreciation | (2.2) | |||
MH And RV Properties Located In The US [Member] | Shadow Wood Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.5 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12.5 | |||
Gross amount carried, land | 5.3 | |||
Gross amount carried, depreciable assets | 16.4 | |||
Gross amount carried, total | 21.7 | |||
Accumulated Depreciation | (2.2) | |||
MH And RV Properties Located In The US [Member] | Shady Pines MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 3.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 5.3 | |||
Gross amount carried, total | 6.4 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | Shady Road Villas | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 2.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.7 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 7.5 | |||
Gross amount carried, total | 8 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sheffield Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 7.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 10.3 | |||
Gross amount carried, total | 11.1 | |||
Accumulated Depreciation | (5.4) | |||
MH And RV Properties Located In The US [Member] | Shelby Forest | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4 | |||
Initial cost to company, depreciable assets | 42.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 4 | |||
Gross amount carried, depreciable assets | 42.5 | |||
Gross amount carried, total | 46.5 | |||
Accumulated Depreciation | (5.4) | |||
MH And RV Properties Located In The US [Member] | Shelby West | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.7 | |||
Initial cost to company, depreciable assets | 38.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 5.7 | |||
Gross amount carried, depreciable assets | 39.7 | |||
Gross amount carried, total | 45.4 | |||
Accumulated Depreciation | (5) | |||
MH And RV Properties Located In The US [Member] | Shell Creek RV Resort & Marina | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 6 | |||
Initial cost to company, land | 2.2 | |||
Initial cost to company, depreciable assets | 9.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 13.3 | |||
Gross amount carried, total | 15.5 | |||
Accumulated Depreciation | (2.9) | |||
MH And RV Properties Located In The US [Member] | Siesta Bay RV Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 65 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 18.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (18.5) | |||
Gross amount carried, land | 2.1 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 2.1 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Silver Springs | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 16.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 19 | |||
Gross amount carried, total | 19.9 | |||
Accumulated Depreciation | (7.2) | |||
MH And RV Properties Located In The US [Member] | Sky Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 24.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.4 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 31.7 | |||
Gross amount carried, total | 34 | |||
Accumulated Depreciation | (8.6) | |||
MH And RV Properties Located In The US [Member] | Skyline | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 9.3 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 12.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 13.3 | |||
Gross amount carried, total | 15.6 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | Smith Creek Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 47.7 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 47.7 | |||
Gross amount carried, total | 49.1 | |||
Accumulated Depreciation | (3.3) | |||
MH And RV Properties Located In The US [Member] | Southern Charm MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11 | |||
Initial cost to company, land | 4.9 | |||
Initial cost to company, depreciable assets | 17.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.4 | |||
Gross amount carried, land | 4.9 | |||
Gross amount carried, depreciable assets | 20.8 | |||
Gross amount carried, total | 25.7 | |||
Accumulated Depreciation | (4.9) | |||
MH And RV Properties Located In The US [Member] | Southern Hills / Northridge Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 7.1 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 12.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11.9 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 24.6 | |||
Gross amount carried, total | 25 | |||
Accumulated Depreciation | (7.3) | |||
MH And RV Properties Located In The US [Member] | Southern Leisure RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 14.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 17.3 | |||
Gross amount carried, total | 20.4 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Southern Palms | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 9.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 9.9 | |||
Gross amount carried, total | 12.3 | |||
Accumulated Depreciation | (4.3) | |||
MH And RV Properties Located In The US [Member] | Southport Springs Golf & Country Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 32.6 | |||
Initial cost to company, land | 15.1 | |||
Initial cost to company, depreciable assets | 17.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 15.1 | |||
Gross amount carried, depreciable assets | 21.7 | |||
Gross amount carried, total | 36.8 | |||
Accumulated Depreciation | (5.5) | |||
MH And RV Properties Located In The US [Member] | Southside Landing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 4.2 | |||
Gross amount carried, total | 5.2 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Southwood Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 11.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 13.9 | |||
Gross amount carried, total | 14.2 | |||
Accumulated Depreciation | (4.8) | |||
MH And RV Properties Located In The US [Member] | Spanish Main MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 8.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.2 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 14.3 | |||
Gross amount carried, total | 16.7 | |||
Accumulated Depreciation | (2.9) | |||
MH And RV Properties Located In The US [Member] | Spanish Trails West | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.6 | |||
Initial cost to company, depreciable assets | 15.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 6.6 | |||
Gross amount carried, depreciable assets | 15.6 | |||
Gross amount carried, total | 22.2 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | St. Clair Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 4.5 | |||
Gross amount carried, total | 5 | |||
Accumulated Depreciation | (2.6) | |||
MH And RV Properties Located In The US [Member] | Stonebridge (MI) | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 2.2 | |||
Gross amount carried, total | 4.5 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Stonebridge (TX) | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.6) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.6 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 10.6 | |||
Accumulated Depreciation | (5.2) | |||
MH And RV Properties Located In The US [Member] | Stonebrook | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 14.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 15.1 | |||
Gross amount carried, total | 15.8 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | Stoneridge Villas | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.3 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 5.3 | |||
Gross amount carried, depreciable assets | 0.3 | |||
Gross amount carried, total | 5.6 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Strafford / Lake Winnipesaukee South KOA | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.6 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 8.6 | |||
Gross amount carried, total | 8.9 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Summit Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.6 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.9) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.2 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 20.3 | |||
Gross amount carried, total | 22 | |||
Accumulated Depreciation | (10.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Arches Gateway | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 8.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.8 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 11.5 | |||
Gross amount carried, total | 15.2 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Association Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 14.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.6 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 19.3 | |||
Gross amount carried, total | 21 | |||
Accumulated Depreciation | (1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Bend | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4 | |||
Initial cost to company, depreciable assets | 13.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 4 | |||
Gross amount carried, depreciable assets | 14 | |||
Gross amount carried, total | 18 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Canyonlands Gateway | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.3 | |||
Initial cost to company, depreciable assets | 8.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 6.3 | |||
Gross amount carried, depreciable assets | 9.2 | |||
Gross amount carried, total | 15.5 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Cape Charles | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19.1 | |||
Initial cost to company, depreciable assets | 38.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 19.1 | |||
Gross amount carried, depreciable assets | 43.6 | |||
Gross amount carried, total | 62.7 | |||
Accumulated Depreciation | (2.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Cape May | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 27.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 2.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (1.6) | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 25.9 | |||
Gross amount carried, total | 28.1 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Central Coast Wine Country | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 11.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 15.9 | |||
Gross amount carried, total | 17.6 | |||
Accumulated Depreciation | (5.2) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Chesapeake Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 8.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 11.2 | |||
Gross amount carried, total | 13.5 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Coos Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.7 | |||
Initial cost to company, depreciable assets | 3.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 5.3 | |||
Gross amount carried, total | 8 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Chincoteague Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.5 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 7.5 | |||
Gross amount carried, depreciable assets | 1.9 | |||
Gross amount carried, total | 9.4 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Frontier Town | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19 | |||
Initial cost to company, depreciable assets | 43.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 38.5 | |||
Gross amount carried, land | 19 | |||
Gross amount carried, depreciable assets | 81.7 | |||
Gross amount carried, total | 100.7 | |||
Accumulated Depreciation | (18.8) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Garden City Utah | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 7.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 2.1 | |||
Gross amount carried, depreciable assets | 9.4 | |||
Gross amount carried, total | 11.5 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Gig Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.4 | |||
Initial cost to company, depreciable assets | 11.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 12.4 | |||
Gross amount carried, total | 15.8 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Islamorada | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10.5 | |||
Initial cost to company, depreciable assets | 7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 2.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20 | |||
Gross amount carried, land | 12.8 | |||
Gross amount carried, depreciable assets | 27 | |||
Gross amount carried, total | 39.8 | |||
Accumulated Depreciation | (0.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Kensington Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 20.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 2.9 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.7) | |||
Gross amount carried, land | 2.9 | |||
Gross amount carried, depreciable assets | 19.4 | |||
Gross amount carried, total | 22.3 | |||
Accumulated Depreciation | (1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Key Largo | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 3.5 | |||
Gross amount carried, total | 5.9 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Lake Rudolph | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 28.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12.9 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 41 | |||
Gross amount carried, total | 43.3 | |||
Accumulated Depreciation | (16.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Lake Travis | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 22.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 23.6 | |||
Gross amount carried, total | 27.3 | |||
Accumulated Depreciation | (7) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Marathon | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.8 | |||
Initial cost to company, depreciable assets | 4.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.7 | |||
Gross amount carried, land | 4.8 | |||
Gross amount carried, depreciable assets | 9.4 | |||
Gross amount carried, total | 14.2 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Moab Downtown | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 7.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 8.2 | |||
Gross amount carried, total | 11.9 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Mystic | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 2.9 | |||
Gross amount carried, total | 3 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors North Moab | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 3.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12 | |||
Gross amount carried, land | 3.2 | |||
Gross amount carried, depreciable assets | 12 | |||
Gross amount carried, total | 15.2 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors New Orleans North Shore | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.7 | |||
Initial cost to company, depreciable assets | 16.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11.2 | |||
Gross amount carried, land | 7.7 | |||
Gross amount carried, depreciable assets | 27.3 | |||
Gross amount carried, total | 35 | |||
Accumulated Depreciation | (3.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Ocean City | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 14.3 | |||
Initial cost to company, depreciable assets | 22.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 8.2 | |||
Gross amount carried, land | 14.3 | |||
Gross amount carried, depreciable assets | 30.5 | |||
Gross amount carried, total | 44.8 | |||
Accumulated Depreciation | (9.9) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Ocean City Gateway | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 5.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.4 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 23.6 | |||
Gross amount carried, total | 24.1 | |||
Accumulated Depreciation | (4.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Old Orchard Beach Downtown | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 10 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 12.1 | |||
Gross amount carried, total | 14.1 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Orange Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 12.7 | |||
Initial cost to company, depreciable assets | 7.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.9 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 19.4 | |||
Gross amount carried, land | 13.6 | |||
Gross amount carried, depreciable assets | 26.9 | |||
Gross amount carried, total | 40.5 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Orlando ChampionsGate | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.9 | |||
Gross amount carried, land | 3.6 | |||
Gross amount carried, depreciable assets | 15.9 | |||
Gross amount carried, total | 19.5 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Panama City Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 14.4 | |||
Initial cost to company, land | 10.3 | |||
Initial cost to company, depreciable assets | 9.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.3 | |||
Gross amount carried, land | 10.3 | |||
Gross amount carried, depreciable assets | 12.4 | |||
Gross amount carried, total | 22.7 | |||
Accumulated Depreciation | (2.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Paso Robles | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 41.9 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 41.9 | |||
Gross amount carried, total | 43.3 | |||
Accumulated Depreciation | (8.6) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Petoskey Bay Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 3.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 8.3 | |||
Gross amount carried, total | 8.5 | |||
Accumulated Depreciation | (2.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Pigeon Forge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 19.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 22.4 | |||
Gross amount carried, total | 26.1 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Portland South | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 19 | |||
Cost capitalized subsequent to acquisition (improvements), land | 9.3 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (8.7) | |||
Gross amount carried, land | 9.3 | |||
Gross amount carried, depreciable assets | 10.3 | |||
Gross amount carried, total | 19.6 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Rocky Mountains | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8.6 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | (3.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 144.4 | |||
Gross amount carried, land | 5.5 | |||
Gross amount carried, depreciable assets | 144.4 | |||
Gross amount carried, total | 149.9 | |||
Accumulated Depreciation | (15.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Rehoboth Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.8 | |||
Initial cost to company, depreciable assets | 17.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 2.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.7 | |||
Gross amount carried, land | 5 | |||
Gross amount carried, depreciable assets | 36.6 | |||
Gross amount carried, total | 41.6 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Saco Old Orchard Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.6 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 9.2 | |||
Gross amount carried, total | 10 | |||
Accumulated Depreciation | (3.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Salt Lake City | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.4 | |||
Initial cost to company, depreciable assets | 4.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 7 | |||
Gross amount carried, total | 10.4 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors San Antonio West | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 8.3 | |||
Gross amount carried, total | 9.1 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors San Diego Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 69.2 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 69.2 | |||
Gross amount carried, total | 69.2 | |||
Accumulated Depreciation | (5.4) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Santa Barbara | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 16 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 16 | |||
Gross amount carried, depreciable assets | 6.9 | |||
Gross amount carried, total | 22.9 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Sarasota | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 139.3 | |||
Initial cost to company, land | 51 | |||
Initial cost to company, depreciable assets | 117.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.7 | |||
Gross amount carried, land | 50.8 | |||
Gross amount carried, depreciable assets | 133.2 | |||
Gross amount carried, total | 184 | |||
Accumulated Depreciation | (32.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors St. Augustine | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.2 | |||
Initial cost to company, depreciable assets | 10.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 4.2 | |||
Gross amount carried, depreciable assets | 11.4 | |||
Gross amount carried, total | 15.6 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Sugarloaf Key | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.7 | |||
Initial cost to company, depreciable assets | 4.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 7.8 | |||
Gross amount carried, depreciable assets | 7 | |||
Gross amount carried, total | 14.8 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Texas Hill Country | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.8 | |||
Initial cost to company, depreciable assets | 27.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 3.8 | |||
Gross amount carried, depreciable assets | 31.6 | |||
Gross amount carried, total | 35.4 | |||
Accumulated Depreciation | (7.7) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Wells Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.4 | |||
Initial cost to company, depreciable assets | 11.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 1.4 | |||
Gross amount carried, depreciable assets | 11.4 | |||
Gross amount carried, total | 12.8 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Sun Outdoors Yellowstone North | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 12.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (5.4) | |||
Gross amount carried, land | 5.6 | |||
Gross amount carried, depreciable assets | 7.1 | |||
Gross amount carried, total | 12.7 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Adirondack Gateway | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 4.9 | |||
Gross amount carried, total | 5.5 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Amherstburg | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 1.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 3.3 | |||
Gross amount carried, total | 4.4 | |||
Accumulated Depreciation | (0.7) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Arran Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 1.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 1.6 | |||
Gross amount carried, total | 2.7 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Avalon | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 21.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 26.2 | |||
Gross amount carried, total | 26.8 | |||
Accumulated Depreciation | (8.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Blue Mountains | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 0.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 1.5 | |||
Gross amount carried, total | 1.9 | |||
Accumulated Depreciation | (0.2) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Birch Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.5 | |||
Initial cost to company, depreciable assets | 7.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 7.5 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 16.2 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Cape Cod | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 10.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 11.9 | |||
Gross amount carried, total | 15.6 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Cape May Wildwood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 7.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.3 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 17 | |||
Gross amount carried, total | 17.7 | |||
Accumulated Depreciation | (6.2) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Cayuga | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 7.2 | |||
Gross amount carried, total | 8.1 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Daytona Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 7.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.2 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 12.4 | |||
Gross amount carried, total | 14.7 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Dennis Port | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 15.4 | |||
Initial cost to company, land | 14.3 | |||
Initial cost to company, depreciable assets | 11.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.2 | |||
Gross amount carried, land | 14.3 | |||
Gross amount carried, depreciable assets | 27.1 | |||
Gross amount carried, total | 41.4 | |||
Accumulated Depreciation | (4.7) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Dunedin | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 9.4 | |||
Initial cost to company, land | 4.4 | |||
Initial cost to company, depreciable assets | 16.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 4.4 | |||
Gross amount carried, depreciable assets | 20 | |||
Gross amount carried, total | 24.4 | |||
Accumulated Depreciation | (4.7) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Flamborough | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3 | |||
Initial cost to company, depreciable assets | 3 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 2.8 | |||
Gross amount carried, depreciable assets | 5.4 | |||
Gross amount carried, total | 8.2 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Georgian Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 3.5 | |||
Gross amount carried, depreciable assets | 4.4 | |||
Gross amount carried, total | 7.9 | |||
Accumulated Depreciation | (1) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Geneva on the Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 20.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.5 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 30.3 | |||
Gross amount carried, total | 30.7 | |||
Accumulated Depreciation | (9.5) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Gwynn's Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 0.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 2.5 | |||
Gross amount carried, total | 3.3 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Gun Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 0.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.2 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 6.1 | |||
Gross amount carried, total | 6.5 | |||
Accumulated Depreciation | (2) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Hay Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 4.1 | |||
Gross amount carried, total | 4.9 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Huntsville | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.8 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 4.9 | |||
Gross amount carried, total | 7.6 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Ipperwash | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 1.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 2.1 | |||
Gross amount carried, total | 2.9 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Lancaster County | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.4 | |||
Initial cost to company, depreciable assets | 7.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 7.4 | |||
Gross amount carried, depreciable assets | 11.5 | |||
Gross amount carried, total | 18.9 | |||
Accumulated Depreciation | (3.9) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Long Beach Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 5.2 | |||
Gross amount carried, total | 5.9 | |||
Accumulated Depreciation | (1.1) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Nantahala | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 1.8 | |||
Gross amount carried, total | 1.9 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats New Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 5.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.7 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 10 | |||
Gross amount carried, total | 11.6 | |||
Accumulated Depreciation | (3.6) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Old Orchard Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 7.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 11.3 | |||
Gross amount carried, total | 11.9 | |||
Accumulated Depreciation | (4.1) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Penetanguishene | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 4.6 | |||
Gross amount carried, total | 5.8 | |||
Accumulated Depreciation | (0.9) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Peters Pond | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.7 | |||
Initial cost to company, depreciable assets | 22.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 4.7 | |||
Gross amount carried, depreciable assets | 27.2 | |||
Gross amount carried, total | 31.9 | |||
Accumulated Depreciation | (10.2) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Pleasant Acres Farm | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.6 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 3.6 | |||
Gross amount carried, depreciable assets | 6.9 | |||
Gross amount carried, total | 10.5 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Rehoboth Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.6 | |||
Initial cost to company, depreciable assets | 41.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 3.6 | |||
Gross amount carried, depreciable assets | 43.1 | |||
Gross amount carried, total | 46.7 | |||
Accumulated Depreciation | (5.1) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Rock River | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.9 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 9.9 | |||
Gross amount carried, total | 11.7 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Sandbanks | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 1.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 2.6 | |||
Gross amount carried, total | 3.2 | |||
Accumulated Depreciation | (0.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Sea Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 29.5 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 29.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 34.4 | |||
Gross amount carried, total | 35.9 | |||
Accumulated Depreciation | (10.7) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Seashore | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 14 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 23.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.3 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 26.5 | |||
Gross amount carried, total | 27.5 | |||
Accumulated Depreciation | (8.3) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Shenandoah Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.9 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.9 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 18.9 | |||
Gross amount carried, total | 20.8 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Sherkston Shores | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22.8 | |||
Initial cost to company, depreciable assets | 97.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | (1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 33 | |||
Gross amount carried, land | 21.8 | |||
Gross amount carried, depreciable assets | 130.2 | |||
Gross amount carried, total | 152 | |||
Accumulated Depreciation | (25.7) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Silver Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 9.3 | |||
Accumulated Depreciation | (1.5) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Stratford | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 2.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 2.7 | |||
Gross amount carried, total | 4.2 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Turkey Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.6 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 6.2 | |||
Gross amount carried, total | 8.6 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats at Wild Acres | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 26.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 33.8 | |||
Gross amount carried, total | 35.4 | |||
Accumulated Depreciation | (13.4) | |||
MH And RV Properties Located In The US [Member] | Sun Retreats Willow Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 2.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 3.4 | |||
Gross amount carried, total | 4.6 | |||
Accumulated Depreciation | (0.6) | |||
MH And RV Properties Located In The US [Member] | Sun Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11.2 | |||
Initial cost to company, land | 2.8 | |||
Initial cost to company, depreciable assets | 18.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 2.8 | |||
Gross amount carried, depreciable assets | 20.1 | |||
Gross amount carried, total | 22.9 | |||
Accumulated Depreciation | (5.7) | |||
MH And RV Properties Located In The US [Member] | Sun Villa Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 22.9 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 11.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | (1.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.8 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 14.6 | |||
Gross amount carried, total | 15.9 | |||
Accumulated Depreciation | (10.3) | |||
MH And RV Properties Located In The US [Member] | Suncoast Gateway | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 1.4 | |||
Gross amount carried, total | 2 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | Sundance | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 25.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 26.6 | |||
Gross amount carried, total | 27.5 | |||
Accumulated Depreciation | (6.8) | |||
MH And RV Properties Located In The US [Member] | Sunlake Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 20.1 | |||
Initial cost to company, land | 6.3 | |||
Initial cost to company, depreciable assets | 24.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 6.3 | |||
Gross amount carried, depreciable assets | 27.2 | |||
Gross amount carried, total | 33.5 | |||
Accumulated Depreciation | (6.8) | |||
MH And RV Properties Located In The US [Member] | Sunrise Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.5 | |||
Initial cost to company, depreciable assets | 17.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 5.5 | |||
Gross amount carried, depreciable assets | 17.2 | |||
Gross amount carried, total | 22.7 | |||
Accumulated Depreciation | (0.3) | |||
MH And RV Properties Located In The US [Member] | Sunset Beach RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.8 | |||
Initial cost to company, depreciable assets | 24 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 3.8 | |||
Gross amount carried, depreciable assets | 25 | |||
Gross amount carried, total | 28.8 | |||
Accumulated Depreciation | (5.5) | |||
MH And RV Properties Located In The US [Member] | Sunset Harbor at Cow Key Marina | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8.6 | |||
Initial cost to company, depreciable assets | 7.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 8.6 | |||
Gross amount carried, depreciable assets | 9.4 | |||
Gross amount carried, total | 18 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Sunset Ridge (MI) | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 35.7 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 35.7 | |||
Gross amount carried, total | 37.7 | |||
Accumulated Depreciation | (13.6) | |||
MH And RV Properties Located In The US [Member] | Sunset Ridge (TX) | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.2 | |||
Initial cost to company, depreciable assets | 2.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 25.4 | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 28.2 | |||
Gross amount carried, total | 30.4 | |||
Accumulated Depreciation | (6.3) | |||
MH And RV Properties Located In The US [Member] | Swan Meadow Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 12.7 | |||
Initial cost to company, land | 2.1 | |||
Initial cost to company, depreciable assets | 19.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 2.1 | |||
Gross amount carried, depreciable assets | 20.3 | |||
Gross amount carried, total | 22.4 | |||
Accumulated Depreciation | (5.5) | |||
MH And RV Properties Located In The US [Member] | Sweetwater RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 5.1 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 9.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 11.7 | |||
Gross amount carried, total | 13 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Sycamore Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 13.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 17.8 | |||
Gross amount carried, total | 18.2 | |||
Accumulated Depreciation | (7.1) | |||
MH And RV Properties Located In The US [Member] | Sylvan Crossing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.2 | |||
Initial cost to company, depreciable assets | 22.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 2.2 | |||
Gross amount carried, depreciable assets | 23.5 | |||
Gross amount carried, total | 25.7 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | Sylvan Glen Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.7 | |||
Initial cost to company, depreciable assets | 22.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 24.3 | |||
Gross amount carried, total | 27 | |||
Accumulated Depreciation | (1.3) | |||
MH And RV Properties Located In The US [Member] | Tallowwood Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 13.8 | |||
Initial cost to company, depreciable assets | 20.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 13.8 | |||
Gross amount carried, depreciable assets | 23.5 | |||
Gross amount carried, total | 37.3 | |||
Accumulated Depreciation | (4.9) | |||
MH And RV Properties Located In The US [Member] | Tamarac Village MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.1 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 12 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.4 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 15.4 | |||
Gross amount carried, total | 15.8 | |||
Accumulated Depreciation | (5.4) | |||
MH And RV Properties Located In The US [Member] | Tampa East MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.6 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 15.9 | |||
Gross amount carried, total | 16.6 | |||
Accumulated Depreciation | (7.4) | |||
MH And RV Properties Located In The US [Member] | Tanglewood Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 21.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 22.7 | |||
Gross amount carried, total | 23.2 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | The Colony | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 6.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 7.5 | |||
Gross amount carried, total | 7.5 | |||
Accumulated Depreciation | (1.7) | |||
MH And RV Properties Located In The US [Member] | The Foothills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.8 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 4.5 | |||
Gross amount carried, depreciable assets | 2.1 | |||
Gross amount carried, total | 6.6 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | The Grove at Alta Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 25.4 | |||
Initial cost to company, land | 5.4 | |||
Initial cost to company, depreciable assets | 37.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 5.4 | |||
Gross amount carried, depreciable assets | 37.8 | |||
Gross amount carried, total | 43.2 | |||
Accumulated Depreciation | (10.8) | |||
MH And RV Properties Located In The US [Member] | The Hamptons Golf & Country Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 65.2 | |||
Initial cost to company, land | 15.9 | |||
Initial cost to company, depreciable assets | 67.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 15.9 | |||
Gross amount carried, depreciable assets | 72.5 | |||
Gross amount carried, total | 88.4 | |||
Accumulated Depreciation | (18.3) | |||
MH And RV Properties Located In The US [Member] | The Hideaway | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.7 | |||
Initial cost to company, depreciable assets | 1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 2.1 | |||
Gross amount carried, total | 4.8 | |||
Accumulated Depreciation | (0.5) | |||
MH And RV Properties Located In The US [Member] | The Hills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 5.5 | |||
Gross amount carried, total | 7.3 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | The Landings at Lake Henry | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 11.3 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 31 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 33.9 | |||
Gross amount carried, total | 37 | |||
Accumulated Depreciation | (8.6) | |||
MH And RV Properties Located In The US [Member] | The Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 35.3 | |||
Initial cost to company, land | 8.4 | |||
Initial cost to company, depreciable assets | 35.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 8.4 | |||
Gross amount carried, depreciable assets | 37.9 | |||
Gross amount carried, total | 46.3 | |||
Accumulated Depreciation | (10) | |||
MH And RV Properties Located In The US [Member] | The Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 5.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 7.4 | |||
Gross amount carried, total | 9.9 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | The Villas at Calla Pointe | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 11 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 11.2 | |||
Gross amount carried, total | 11.6 | |||
Accumulated Depreciation | (3.2) | |||
MH And RV Properties Located In The US [Member] | The Willows | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 15.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 16.6 | |||
Gross amount carried, total | 17.3 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Themeworld RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.9 | |||
Initial cost to company, depreciable assets | 24.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 2.9 | |||
Gross amount carried, depreciable assets | 26.6 | |||
Gross amount carried, total | 29.5 | |||
Accumulated Depreciation | (1.4) | |||
MH And RV Properties Located In The US [Member] | Three Gardens | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 6.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 7.1 | |||
Gross amount carried, total | 9.1 | |||
Accumulated Depreciation | (0.8) | |||
MH And RV Properties Located In The US [Member] | Three Lakes | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.1 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 5.1 | |||
Gross amount carried, depreciable assets | 7 | |||
Gross amount carried, total | 12.1 | |||
Accumulated Depreciation | (2.8) | |||
MH And RV Properties Located In The US [Member] | Thunderhill Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 5.1 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.5 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 11.9 | |||
Gross amount carried, total | 13 | |||
Accumulated Depreciation | (3.5) | |||
MH And RV Properties Located In The US [Member] | Timber Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 37 | |||
Initial cost to company, land | 1 | |||
Initial cost to company, depreciable assets | 9.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.1 | |||
Gross amount carried, land | 1 | |||
Gross amount carried, depreciable assets | 13.3 | |||
Gross amount carried, total | 14.3 | |||
Accumulated Depreciation | (9.5) | |||
MH And RV Properties Located In The US [Member] | Timberline Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 18.8 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.7 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 8.6 | |||
Gross amount carried, total | 9.1 | |||
Accumulated Depreciation | (5.6) | |||
MH And RV Properties Located In The US [Member] | Town & Country | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 6 | |||
Gross amount carried, total | 6.4 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | Town & Country Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 2.4 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 4.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 5.6 | |||
Gross amount carried, total | 5.8 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | Tranquility MHC | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 0.6 | |||
Gross amount carried, total | 1.9 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Traveler's World MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 10.3 | |||
Gross amount carried, total | 11.1 | |||
Accumulated Depreciation | (2.5) | |||
MH And RV Properties Located In The US [Member] | Treetops RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 9.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 12.2 | |||
Gross amount carried, total | 12.9 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Troy Villa | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.6 | |||
Initial cost to company, depreciable assets | 16.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 5.6 | |||
Gross amount carried, depreciable assets | 18.7 | |||
Gross amount carried, total | 24.3 | |||
Accumulated Depreciation | (1.8) | |||
MH And RV Properties Located In The US [Member] | Vallecito | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 28.2 | |||
Initial cost to company, land | 25.8 | |||
Initial cost to company, depreciable assets | 9.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 25.8 | |||
Gross amount carried, depreciable assets | 11 | |||
Gross amount carried, total | 36.8 | |||
Accumulated Depreciation | (2.4) | |||
MH And RV Properties Located In The US [Member] | Victor Villa | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 20.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 22.3 | |||
Gross amount carried, total | 24.8 | |||
Accumulated Depreciation | (5) | |||
MH And RV Properties Located In The US [Member] | Vines RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 7.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 9.2 | |||
Gross amount carried, total | 10.1 | |||
Accumulated Depreciation | (3.4) | |||
MH And RV Properties Located In The US [Member] | Vista Del Lago | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 24.4 | |||
Initial cost to company, land | 17.8 | |||
Initial cost to company, depreciable assets | 9.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 17.8 | |||
Gross amount carried, depreciable assets | 11.1 | |||
Gross amount carried, total | 28.9 | |||
Accumulated Depreciation | (2.4) | |||
MH And RV Properties Located In The US [Member] | Vista Del Lago MH & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3.9 | |||
Initial cost to company, land | 3.6 | |||
Initial cost to company, depreciable assets | 5.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 3.6 | |||
Gross amount carried, depreciable assets | 7.6 | |||
Gross amount carried, total | 11.2 | |||
Accumulated Depreciation | (1.6) | |||
MH And RV Properties Located In The US [Member] | Vizcaya Lakes | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 5.3 | |||
Gross amount carried, total | 6 | |||
Accumulated Depreciation | (1.2) | |||
MH And RV Properties Located In The US [Member] | Walden Woods I | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 10.3 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 26.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.9) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (11.9) | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 14.5 | |||
Gross amount carried, total | 15.2 | |||
Accumulated Depreciation | (3.7) | |||
MH And RV Properties Located In The US [Member] | Walden Woods II | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.8 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 13.8 | |||
Gross amount carried, total | 14.6 | |||
Accumulated Depreciation | (3.5) | |||
MH And RV Properties Located In The US [Member] | Warren Dunes Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10.8 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 14.2 | |||
Gross amount carried, total | 14.5 | |||
Accumulated Depreciation | (4.5) | |||
MH And RV Properties Located In The US [Member] | Water Oak Country Club Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 74.7 | |||
Initial cost to company, land | 2.8 | |||
Initial cost to company, depreciable assets | 16.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 2.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 64.5 | |||
Gross amount carried, land | 5.5 | |||
Gross amount carried, depreciable assets | 81.2 | |||
Gross amount carried, total | 86.7 | |||
Accumulated Depreciation | (28.7) | |||
MH And RV Properties Located In The US [Member] | Waters Edge RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3.4 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 8.4 | |||
Gross amount carried, total | 9.6 | |||
Accumulated Depreciation | (1.9) | |||
MH And RV Properties Located In The US [Member] | Waverly Shores Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.7 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 7.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.5 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.6 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 12.9 | |||
Gross amount carried, total | 13.7 | |||
Accumulated Depreciation | (3.8) | |||
MH And RV Properties Located In The US [Member] | West Village Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 19.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.4 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 23.2 | |||
Gross amount carried, total | 24.1 | |||
Accumulated Depreciation | (8.4) | |||
MH And RV Properties Located In The US [Member] | Westbrook Senior Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 5.5 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 3.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 4 | |||
Gross amount carried, total | 4.4 | |||
Accumulated Depreciation | (2.7) | |||
MH And RV Properties Located In The US [Member] | Westbrook Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 24 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 10.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 16.5 | |||
Gross amount carried, total | 17.6 | |||
Accumulated Depreciation | (10.9) | |||
MH And RV Properties Located In The US [Member] | Westside Ridge | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 8.1 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 10.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 11.8 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (3) | |||
MH And RV Properties Located In The US [Member] | Westward Shores Cottages & RV Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 15.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.8 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 29.1 | |||
Gross amount carried, total | 31 | |||
Accumulated Depreciation | (4) | |||
MH And RV Properties Located In The US [Member] | White Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 24.2 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 16.2 | |||
Gross amount carried, total | 16.9 | |||
Accumulated Depreciation | (10.6) | |||
MH And RV Properties Located In The US [Member] | Wildwood Community | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 22.2 | |||
Initial cost to company, land | 1.9 | |||
Initial cost to company, depreciable assets | 37.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 1.9 | |||
Gross amount carried, depreciable assets | 39.2 | |||
Gross amount carried, total | 41.1 | |||
Accumulated Depreciation | (11.2) | |||
MH And RV Properties Located In The US [Member] | Willow Bend | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.1 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 14.9 | |||
Gross amount carried, land | 5.1 | |||
Gross amount carried, depreciable assets | 14.9 | |||
Gross amount carried, total | 20 | |||
Accumulated Depreciation | 0 | |||
MH And RV Properties Located In The US [Member] | Willowbrook Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 17.4 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 7.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.2 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 13.3 | |||
Gross amount carried, total | 14.1 | |||
Accumulated Depreciation | (8.4) | |||
MH And RV Properties Located In The US [Member] | Windham Hills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.7 | |||
Initial cost to company, depreciable assets | 2.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 18.1 | |||
Gross amount carried, land | 2.7 | |||
Gross amount carried, depreciable assets | 20.5 | |||
Gross amount carried, total | 23.2 | |||
Accumulated Depreciation | (11.9) | |||
MH And RV Properties Located In The US [Member] | Windmill Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 43.5 | |||
Initial cost to company, land | 7.6 | |||
Initial cost to company, depreciable assets | 36.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 7.6 | |||
Gross amount carried, depreciable assets | 37.9 | |||
Gross amount carried, total | 45.5 | |||
Accumulated Depreciation | (9.7) | |||
MH And RV Properties Located In The US [Member] | Windsor Woods Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 8.2 | |||
Gross amount carried, total | 8.5 | |||
Accumulated Depreciation | (3.7) | |||
MH And RV Properties Located In The US [Member] | Woodhaven Place | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 13.7 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 4.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.6 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 12.1 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (6.9) | |||
MH And RV Properties Located In The US [Member] | Woodlake Trails | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 0.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 20.8 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 21.1 | |||
Gross amount carried, total | 22.2 | |||
Accumulated Depreciation | (7.9) | |||
MH And RV Properties Located In The US [Member] | Woodland Park Estates | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 14.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 15.8 | |||
Gross amount carried, total | 17.4 | |||
Accumulated Depreciation | (12.2) | |||
MH And RV Properties Located In The US [Member] | Woodlands at Church Lake | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 9.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 14.1 | |||
Gross amount carried, total | 16.6 | |||
Accumulated Depreciation | (3.3) | |||
MH And RV Properties Located In The US [Member] | Woodside Terrace | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 25.1 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 9.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 14.3 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 23.9 | |||
Gross amount carried, total | 25 | |||
Accumulated Depreciation | (14.1) | |||
MH And RV Properties Located In The US [Member] | Woodsmoke Camping Resort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.9 | |||
Initial cost to company, depreciable assets | 20.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 4.9 | |||
Gross amount carried, depreciable assets | 23 | |||
Gross amount carried, total | 27.9 | |||
Accumulated Depreciation | (2) | |||
MH And RV Properties Located In The US [Member] | Wymberly | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 14.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.8 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 22.3 | |||
Gross amount carried, total | 25.4 | |||
Accumulated Depreciation | (2) | |||
MH And RV Properties Located In The US [Member] | Yankee Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 0.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 0.4 | |||
Gross amount carried, total | 2 | |||
Accumulated Depreciation | (0.1) | |||
MH And RV Properties Located In The US [Member] | All Properties Excluding Corporate Headquarters [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3,232.3 | |||
Initial cost to company, land | 1,660.6 | |||
Initial cost to company, depreciable assets | 6,138.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 91.5 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3,376.6 | |||
Gross amount carried, land | 1,752.1 | |||
Gross amount carried, depreciable assets | 9,515.2 | |||
Gross amount carried, total | 11,267.3 | |||
Accumulated Depreciation | (2,471.2) | |||
MH And RV Properties Located In The US [Member] | Corporate Headquarters and Other Fixed Assets | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 212.4 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 212.4 | |||
Gross amount carried, total | 213.5 | |||
Accumulated Depreciation | (44) | |||
MH And RV Properties Located In The US [Member] | Sun Communities [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 3,232.3 | |||
Initial cost to company, land | 1,660.6 | |||
Initial cost to company, depreciable assets | 6,138.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 92.6 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3,589 | |||
Gross amount carried, land | 1,753.2 | |||
Gross amount carried, depreciable assets | 9,727.6 | |||
Gross amount carried, total | 11,480.8 | |||
Accumulated Depreciation | (2,515.2) | |||
MH Properties Located In The UK [Member] | Alberta | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22.2 | |||
Initial cost to company, depreciable assets | 2.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 22.2 | |||
Gross amount carried, depreciable assets | 2.2 | |||
Gross amount carried, total | 24.4 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Amble Links | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 75.8 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 75.8 | |||
Gross amount carried, depreciable assets | 5.8 | |||
Gross amount carried, total | 81.6 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Ashbourne Heights | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.6 | |||
Initial cost to company, depreciable assets | 2.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 6.6 | |||
Gross amount carried, depreciable assets | 2.5 | |||
Gross amount carried, total | 9.1 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Beauport | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 69.2 | |||
Initial cost to company, depreciable assets | 4.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 69.2 | |||
Gross amount carried, depreciable assets | 5 | |||
Gross amount carried, total | 74.2 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Birchington Vale | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.4 | |||
Initial cost to company, depreciable assets | 11.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.2) | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 11.4 | |||
Gross amount carried, total | 14.8 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Bodmin Holiday Park (formerly Cornwall) | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.5 | |||
Initial cost to company, depreciable assets | 6.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 6.5 | |||
Gross amount carried, depreciable assets | 7 | |||
Gross amount carried, total | 13.5 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Bowland Fell | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8.7 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 8.7 | |||
Gross amount carried, depreciable assets | 5.6 | |||
Gross amount carried, total | 14.3 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Broadland Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 34.4 | |||
Initial cost to company, depreciable assets | 13.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 36.1 | |||
Gross amount carried, depreciable assets | 14.4 | |||
Gross amount carried, total | 50.5 | |||
Accumulated Depreciation | (0.7) | |||
MH Properties Located In The UK [Member] | Brynteg | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 31.7 | |||
Initial cost to company, depreciable assets | 8.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 31.7 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 40.4 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Burghead / Lossiemouth / Silver Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 32.6 | |||
Initial cost to company, depreciable assets | 7.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 32.6 | |||
Gross amount carried, depreciable assets | 10 | |||
Gross amount carried, total | 42.6 | |||
Accumulated Depreciation | (0.3) | |||
MH Properties Located In The UK [Member] | Carlton Meres | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 32.2 | |||
Initial cost to company, depreciable assets | 9.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 32.2 | |||
Gross amount carried, depreciable assets | 11 | |||
Gross amount carried, total | 43.2 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Chantry | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 13.8 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 13.8 | |||
Gross amount carried, depreciable assets | 1.7 | |||
Gross amount carried, total | 15.5 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Chichester Lakeside | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 67.5 | |||
Initial cost to company, depreciable assets | 8.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 67.5 | |||
Gross amount carried, depreciable assets | 9.8 | |||
Gross amount carried, total | 77.3 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Coghurst Hall | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 45 | |||
Initial cost to company, depreciable assets | 6.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (1.3) | |||
Gross amount carried, land | 45 | |||
Gross amount carried, depreciable assets | 5.3 | |||
Gross amount carried, total | 50.3 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Dawlish Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.7 | |||
Initial cost to company, depreciable assets | 3.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 9.7 | |||
Gross amount carried, depreciable assets | 3.7 | |||
Gross amount carried, total | 13.4 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Dovercourt | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 36 | |||
Initial cost to company, depreciable assets | 9.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.1) | |||
Gross amount carried, land | 36 | |||
Gross amount carried, depreciable assets | 9.5 | |||
Gross amount carried, total | 45.5 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Felixstowe Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 15.2 | |||
Initial cost to company, depreciable assets | 6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 15.2 | |||
Gross amount carried, depreciable assets | 6.3 | |||
Gross amount carried, total | 21.5 | |||
Accumulated Depreciation | (0.3) | |||
MH Properties Located In The UK [Member] | Glendale | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 17.1 | |||
Initial cost to company, depreciable assets | 11.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 17.1 | |||
Gross amount carried, depreciable assets | 11.4 | |||
Gross amount carried, total | 28.5 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Golden Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 32.7 | |||
Initial cost to company, depreciable assets | 7.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 32.7 | |||
Gross amount carried, depreciable assets | 10 | |||
Gross amount carried, total | 42.7 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Harts | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 27.4 | |||
Initial cost to company, depreciable assets | 8.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 27.4 | |||
Gross amount carried, depreciable assets | 9 | |||
Gross amount carried, total | 36.4 | |||
Accumulated Depreciation | (0.3) | |||
MH Properties Located In The UK [Member] | Hedley Wood | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 2.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 3.8 | |||
Gross amount carried, total | 6.1 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Henfold | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 108.1 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | (10.9) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 97.2 | |||
Gross amount carried, depreciable assets | 0.2 | |||
Gross amount carried, total | 97.4 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Hengar Manor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.6 | |||
Initial cost to company, depreciable assets | 5.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 7.6 | |||
Gross amount carried, depreciable assets | 6.5 | |||
Gross amount carried, total | 14.1 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Littondale | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 2 | |||
Gross amount carried, total | 4.4 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Malvern View | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22.2 | |||
Initial cost to company, depreciable assets | 11.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 22.2 | |||
Gross amount carried, depreciable assets | 12.3 | |||
Gross amount carried, total | 34.5 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Marlie | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 38.9 | |||
Initial cost to company, depreciable assets | 7.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 38.9 | |||
Gross amount carried, depreciable assets | 8.6 | |||
Gross amount carried, total | 47.5 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Martello Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 16.4 | |||
Initial cost to company, depreciable assets | 7.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.5 | |||
Gross amount carried, land | 16.4 | |||
Gross amount carried, depreciable assets | 17 | |||
Gross amount carried, total | 33.4 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | New Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 49.9 | |||
Initial cost to company, depreciable assets | 9.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 49.9 | |||
Gross amount carried, depreciable assets | 9.7 | |||
Gross amount carried, total | 59.6 | |||
Accumulated Depreciation | (0.5) | |||
MH Properties Located In The UK [Member] | Newhaven | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 6.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 6.9 | |||
Gross amount carried, total | 6.9 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Oaklands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19.4 | |||
Initial cost to company, depreciable assets | 1.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 19.4 | |||
Gross amount carried, depreciable assets | 1.8 | |||
Gross amount carried, total | 21.2 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Oyster Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 23.8 | |||
Initial cost to company, depreciable assets | 3.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 23.8 | |||
Gross amount carried, depreciable assets | 3.6 | |||
Gross amount carried, total | 27.4 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Pakefield | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 11.7 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 11.7 | |||
Gross amount carried, depreciable assets | 3.6 | |||
Gross amount carried, total | 15.3 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Par Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 5.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 5.3 | |||
Gross amount carried, total | 5.3 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Pentire | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 21.9 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 21.9 | |||
Gross amount carried, depreciable assets | 5.2 | |||
Gross amount carried, total | 27.1 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Pevensey Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 41.9 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 41.9 | |||
Gross amount carried, depreciable assets | 6.9 | |||
Gross amount carried, total | 48.8 | |||
Accumulated Depreciation | (0.3) | |||
MH Properties Located In The UK [Member] | Plas Coch | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 39.3 | |||
Initial cost to company, depreciable assets | 13.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 39.3 | |||
Gross amount carried, depreciable assets | 13.4 | |||
Gross amount carried, total | 52.7 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Polperro | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.3 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 3.3 | |||
Gross amount carried, depreciable assets | 5 | |||
Gross amount carried, total | 8.3 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Ribble Valley | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 32.4 | |||
Initial cost to company, depreciable assets | 2.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 32.4 | |||
Gross amount carried, depreciable assets | 2.8 | |||
Gross amount carried, total | 35.2 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Rye Harbour | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 31 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 31 | |||
Gross amount carried, depreciable assets | 2.5 | |||
Gross amount carried, total | 33.5 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Sand le Mere | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 23.9 | |||
Initial cost to company, depreciable assets | 10.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 23.9 | |||
Gross amount carried, depreciable assets | 12.3 | |||
Gross amount carried, total | 36.2 | |||
Accumulated Depreciation | (0.4) | |||
MH Properties Located In The UK [Member] | Sandhills | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 34.4 | |||
Initial cost to company, depreciable assets | 2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 34.4 | |||
Gross amount carried, depreciable assets | 2 | |||
Gross amount carried, total | 36.4 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Sandy Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 235.7 | |||
Initial cost to company, depreciable assets | 12.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | (12.5) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 12.4 | |||
Gross amount carried, land | 223.2 | |||
Gross amount carried, depreciable assets | 24.7 | |||
Gross amount carried, total | 247.9 | |||
Accumulated Depreciation | (0.7) | |||
MH Properties Located In The UK [Member] | Seaview | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 51.3 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 51.3 | |||
Gross amount carried, depreciable assets | 4.4 | |||
Gross amount carried, total | 55.7 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Seawick | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 28.2 | |||
Initial cost to company, depreciable assets | 9.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.1) | |||
Gross amount carried, land | 28.2 | |||
Gross amount carried, depreciable assets | 9 | |||
Gross amount carried, total | 37.2 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Solent Breezes | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 28.8 | |||
Initial cost to company, depreciable assets | 2.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 28.8 | |||
Gross amount carried, depreciable assets | 3.1 | |||
Gross amount carried, total | 31.9 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | St. Osyth Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 33.7 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 33.7 | |||
Gross amount carried, depreciable assets | 5.9 | |||
Gross amount carried, total | 39.6 | |||
Accumulated Depreciation | (0.3) | |||
MH Properties Located In The UK [Member] | Steeple Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22.5 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.1) | |||
Gross amount carried, land | 22.5 | |||
Gross amount carried, depreciable assets | 5.5 | |||
Gross amount carried, total | 28 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Suffolk Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 0.6 | |||
Gross amount carried, total | 0.6 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Tarka | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.8 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | (0.1) | |||
Gross amount carried, land | 7.8 | |||
Gross amount carried, depreciable assets | 2 | |||
Gross amount carried, total | 9.8 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Trevella | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 8.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 9.2 | |||
Gross amount carried, total | 9.2 | |||
Accumulated Depreciation | (0.2) | |||
MH Properties Located In The UK [Member] | Turnberry | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.1 | |||
Initial cost to company, depreciable assets | 2.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 5.1 | |||
Gross amount carried, depreciable assets | 2.6 | |||
Gross amount carried, total | 7.7 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Vernon Dene | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 13.5 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | (2.5) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 11 | |||
Gross amount carried, depreciable assets | 1.8 | |||
Gross amount carried, total | 12.8 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | Waterside | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 5.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 6.1 | |||
Gross amount carried, total | 6.1 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | West Mersea | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 18.9 | |||
Initial cost to company, depreciable assets | 2.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 18.9 | |||
Gross amount carried, depreciable assets | 2.7 | |||
Gross amount carried, total | 21.6 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Winchelsea Sands | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 15.2 | |||
Initial cost to company, depreciable assets | 3.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.1 | |||
Gross amount carried, land | 15.2 | |||
Gross amount carried, depreciable assets | 3.2 | |||
Gross amount carried, total | 18.4 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Wood Farm | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 11.3 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 11.3 | |||
Gross amount carried, depreciable assets | 3.8 | |||
Gross amount carried, total | 15.1 | |||
Accumulated Depreciation | (0.1) | |||
MH Properties Located In The UK [Member] | Yorkshire Dales | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 12.6 | |||
Initial cost to company, depreciable assets | 1.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 12.6 | |||
Gross amount carried, depreciable assets | 1.3 | |||
Gross amount carried, total | 13.9 | |||
Accumulated Depreciation | 0 | |||
MH Properties Located In The UK [Member] | All UK Properties Excluding Corporate Headquarters [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1,603.1 | |||
Initial cost to company, depreciable assets | 322.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | (24.2) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 45.4 | |||
Gross amount carried, land | 1,578.9 | |||
Gross amount carried, depreciable assets | 367.6 | |||
Gross amount carried, total | 1,946.5 | |||
Accumulated Depreciation | (10.8) | |||
MH Properties Located In The UK [Member] | UK Headquarters and Other | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 13.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1.9 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.9 | |||
Gross amount carried, land | 2.6 | |||
Gross amount carried, depreciable assets | 23.5 | |||
Gross amount carried, total | 26.1 | |||
Accumulated Depreciation | (1.4) | |||
MH Properties Located In The UK [Member] | All UK Properties Including UK Headquarters and Others [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1,603.8 | |||
Initial cost to company, depreciable assets | 335.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | (22.3) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 55.3 | |||
Gross amount carried, land | 1,581.5 | |||
Gross amount carried, depreciable assets | 391.1 | |||
Gross amount carried, total | 1,972.6 | |||
Accumulated Depreciation | (12.2) | |||
Safe Harbor Marinas [Member] | Allen Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 5.5 | |||
Gross amount carried, total | 5.5 | |||
Accumulated Depreciation | (0.3) | |||
Safe Harbor Marinas [Member] | Anacapa Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 10.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 12.8 | |||
Gross amount carried, total | 12.8 | |||
Accumulated Depreciation | (1) | |||
Safe Harbor Marinas [Member] | Angler House | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.5 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 3.5 | |||
Gross amount carried, depreciable assets | 2.8 | |||
Gross amount carried, total | 6.3 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Annapolis | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 12.5 | |||
Initial cost to company, depreciable assets | 12.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 12.5 | |||
Gross amount carried, depreciable assets | 14.6 | |||
Gross amount carried, total | 27.1 | |||
Accumulated Depreciation | (1.2) | |||
Safe Harbor Marinas [Member] | Aqua Yacht | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 15.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 17.4 | |||
Gross amount carried, total | 18.6 | |||
Accumulated Depreciation | (2.7) | |||
Safe Harbor Marinas [Member] | Aqualand | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 35.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 15.6 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 51.5 | |||
Gross amount carried, total | 51.5 | |||
Accumulated Depreciation | (5.9) | |||
Safe Harbor Marinas [Member] | Bahia Bleu | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.4 | |||
Initial cost to company, depreciable assets | 8.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 2.4 | |||
Gross amount carried, depreciable assets | 9.2 | |||
Gross amount carried, total | 11.6 | |||
Accumulated Depreciation | (1) | |||
Safe Harbor Marinas [Member] | Ballena Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 21.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 23.4 | |||
Gross amount carried, total | 24.1 | |||
Accumulated Depreciation | (2.5) | |||
Safe Harbor Marinas [Member] | Bayfront | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 11.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 11.3 | |||
Gross amount carried, total | 11.3 | |||
Accumulated Depreciation | (0.1) | |||
Safe Harbor Marinas [Member] | Beaufort | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 1.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 2.2 | |||
Gross amount carried, total | 2.2 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Beaver Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 10.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 11.8 | |||
Gross amount carried, total | 11.8 | |||
Accumulated Depreciation | (1.2) | |||
Safe Harbor Marinas [Member] | Belle Maer | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.1 | |||
Initial cost to company, depreciable assets | 14.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 4.1 | |||
Gross amount carried, depreciable assets | 15.3 | |||
Gross amount carried, total | 19.4 | |||
Accumulated Depreciation | (2.2) | |||
Safe Harbor Marinas [Member] | Bluewater | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 14.1 | |||
Initial cost to company, depreciable assets | 8.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 14.1 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 22.8 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Bohemia Vista | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 1.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 2.8 | |||
Gross amount carried, total | 4.1 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Brady Mountain | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 22.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 25.5 | |||
Gross amount carried, total | 25.5 | |||
Accumulated Depreciation | (4.3) | |||
Safe Harbor Marinas [Member] | Bristol | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 7.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 8 | |||
Gross amount carried, total | 9.3 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Bruce & Johnsons | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.3 | |||
Initial cost to company, depreciable assets | 25.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 9.3 | |||
Gross amount carried, depreciable assets | 26.7 | |||
Gross amount carried, total | 36 | |||
Accumulated Depreciation | (2.6) | |||
Safe Harbor Marinas [Member] | Burnside | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 11.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 12.5 | |||
Gross amount carried, total | 12.5 | |||
Accumulated Depreciation | (1.6) | |||
Safe Harbor Marinas [Member] | Burnt Store | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 17.6 | |||
Initial cost to company, depreciable assets | 16.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.1 | |||
Gross amount carried, land | 17.7 | |||
Gross amount carried, depreciable assets | 25.6 | |||
Gross amount carried, total | 43.3 | |||
Accumulated Depreciation | (2.1) | |||
Safe Harbor Marinas [Member] | Cabrillo Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 37.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 39.3 | |||
Gross amount carried, total | 39.3 | |||
Accumulated Depreciation | (1.9) | |||
Safe Harbor Marinas [Member] | Calusa Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 18.5 | |||
Initial cost to company, depreciable assets | 6.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 18.5 | |||
Gross amount carried, depreciable assets | 10.1 | |||
Gross amount carried, total | 28.6 | |||
Accumulated Depreciation | (1.2) | |||
Safe Harbor Marinas [Member] | Cape Harbour | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.5 | |||
Initial cost to company, depreciable assets | 6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 5.5 | |||
Gross amount carried, depreciable assets | 7.2 | |||
Gross amount carried, total | 12.7 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Capri | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.7 | |||
Initial cost to company, depreciable assets | 16 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 7.7 | |||
Gross amount carried, depreciable assets | 17.2 | |||
Gross amount carried, total | 24.9 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Carroll Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.2 | |||
Initial cost to company, depreciable assets | 1.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 1.2 | |||
Gross amount carried, depreciable assets | 4.2 | |||
Gross amount carried, total | 5.4 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Charleston City | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 40.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 21.6 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 62.1 | |||
Gross amount carried, total | 62.1 | |||
Accumulated Depreciation | (4.3) | |||
Safe Harbor Marinas [Member] | City Boatyard | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.4 | |||
Initial cost to company, depreciable assets | 7.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 9.9 | |||
Gross amount carried, total | 13.3 | |||
Accumulated Depreciation | (1.1) | |||
Safe Harbor Marinas [Member] | Cove Haven | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10 | |||
Initial cost to company, depreciable assets | 9.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 10 | |||
Gross amount carried, depreciable assets | 12.9 | |||
Gross amount carried, total | 22.9 | |||
Accumulated Depreciation | (1.3) | |||
Safe Harbor Marinas [Member] | Cowesett | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22.8 | |||
Initial cost to company, depreciable assets | 23 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 22.8 | |||
Gross amount carried, depreciable assets | 26 | |||
Gross amount carried, total | 48.8 | |||
Accumulated Depreciation | (2.5) | |||
Safe Harbor Marinas [Member] | Crystal Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 2.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2 | |||
Gross amount carried, land | 1.3 | |||
Gross amount carried, depreciable assets | 4.3 | |||
Gross amount carried, total | 5.6 | |||
Accumulated Depreciation | (0.3) | |||
Safe Harbor Marinas [Member] | Dauntless | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.2 | |||
Initial cost to company, depreciable assets | 18.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 4.2 | |||
Gross amount carried, depreciable assets | 20.8 | |||
Gross amount carried, total | 25 | |||
Accumulated Depreciation | (1.8) | |||
Safe Harbor Marinas [Member] | Dauntless Shipyard | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 0 | |||
Accumulated Depreciation | 0 | |||
Safe Harbor Marinas [Member] | Deep River | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.7 | |||
Initial cost to company, depreciable assets | 5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 4.7 | |||
Gross amount carried, depreciable assets | 5.9 | |||
Gross amount carried, total | 10.6 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Detroit River | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 7.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.7 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 9.1 | |||
Gross amount carried, total | 10.6 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Eagle Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 4.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 5.4 | |||
Gross amount carried, total | 5.4 | |||
Accumulated Depreciation | (1.6) | |||
Safe Harbor Marinas [Member] | Edgartown | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.6 | |||
Initial cost to company, depreciable assets | 5.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 7.6 | |||
Gross amount carried, depreciable assets | 5.6 | |||
Gross amount carried, total | 13.2 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Emerald Coast | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.6 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 2.6 | |||
Gross amount carried, depreciable assets | 6.9 | |||
Gross amount carried, total | 9.5 | |||
Accumulated Depreciation | (0.6) | |||
Safe Harbor Marinas [Member] | Emerald Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 18.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 22.1 | |||
Gross amount carried, total | 22.1 | |||
Accumulated Depreciation | (4) | |||
Safe Harbor Marinas [Member] | Emeryville | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 17.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 18.8 | |||
Gross amount carried, total | 18.8 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Essex Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 0 | |||
Accumulated Depreciation | 0 | |||
Safe Harbor Marinas [Member] | Ferry Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.6 | |||
Initial cost to company, depreciable assets | 7.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 1.6 | |||
Gross amount carried, depreciable assets | 9.6 | |||
Gross amount carried, total | 11.2 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Fiddler's Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 13.7 | |||
Initial cost to company, depreciable assets | 11.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.1 | |||
Gross amount carried, land | 13.7 | |||
Gross amount carried, depreciable assets | 13 | |||
Gross amount carried, total | 26.7 | |||
Accumulated Depreciation | (1.2) | |||
Safe Harbor Marinas [Member] | Gaines | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.4 | |||
Initial cost to company, depreciable assets | 2.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0.4 | |||
Gross amount carried, depreciable assets | 3.3 | |||
Gross amount carried, total | 3.7 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Glen Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8.2 | |||
Initial cost to company, depreciable assets | 16.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 8.2 | |||
Gross amount carried, depreciable assets | 18.7 | |||
Gross amount carried, total | 26.9 | |||
Accumulated Depreciation | (1.9) | |||
Safe Harbor Marinas [Member] | Grand Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6 | |||
Initial cost to company, depreciable assets | 5.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 6 | |||
Gross amount carried, depreciable assets | 9.6 | |||
Gross amount carried, total | 15.6 | |||
Accumulated Depreciation | (1.9) | |||
Safe Harbor Marinas [Member] | Great Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.8 | |||
Initial cost to company, depreciable assets | 13 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.9 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 11.1 | |||
Gross amount carried, land | 10.7 | |||
Gross amount carried, depreciable assets | 24.1 | |||
Gross amount carried, total | 34.8 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Great Lakes | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.1 | |||
Initial cost to company, depreciable assets | 5.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 6.1 | |||
Gross amount carried, depreciable assets | 8.7 | |||
Gross amount carried, total | 14.8 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Great Oak Landing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.5 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 10.4 | |||
Gross amount carried, total | 11.5 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Green Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8.3 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4 | |||
Gross amount carried, land | 8.3 | |||
Gross amount carried, depreciable assets | 9.6 | |||
Gross amount carried, total | 17.9 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Greenport | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 31.1 | |||
Initial cost to company, depreciable assets | 10.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 31.1 | |||
Gross amount carried, depreciable assets | 12.7 | |||
Gross amount carried, total | 43.8 | |||
Accumulated Depreciation | (1.8) | |||
Safe Harbor Marinas [Member] | Greenwich Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.3 | |||
Initial cost to company, depreciable assets | 4.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.2 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.4 | |||
Gross amount carried, land | 5.5 | |||
Gross amount carried, depreciable assets | 9.9 | |||
Gross amount carried, total | 15.4 | |||
Accumulated Depreciation | (1.6) | |||
Safe Harbor Marinas [Member] | Grider Hill | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 11 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 13.2 | |||
Gross amount carried, total | 13.2 | |||
Accumulated Depreciation | (3.6) | |||
Safe Harbor Marinas [Member] | Hacks Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 2.3 | |||
Gross amount carried, total | 2.6 | |||
Accumulated Depreciation | (0.3) | |||
Safe Harbor Marinas [Member] | Harbor House | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 3.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 3.3 | |||
Gross amount carried, total | 3.3 | |||
Accumulated Depreciation | (0.6) | |||
Safe Harbor Marinas [Member] | Harborage Yacht Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.1 | |||
Initial cost to company, depreciable assets | 13.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 4.1 | |||
Gross amount carried, depreciable assets | 15 | |||
Gross amount carried, total | 19.1 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Harbors View | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 1.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 1.5 | |||
Gross amount carried, total | 1.8 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Harbortown | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 23.2 | |||
Initial cost to company, depreciable assets | 12.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6 | |||
Gross amount carried, land | 23.2 | |||
Gross amount carried, depreciable assets | 18.9 | |||
Gross amount carried, total | 42.1 | |||
Accumulated Depreciation | (1.9) | |||
Safe Harbor Marinas [Member] | Haverstraw | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 17.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 18.1 | |||
Gross amount carried, total | 18.2 | |||
Accumulated Depreciation | (2.2) | |||
Safe Harbor Marinas [Member] | Hawthorne Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 11.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.4 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 16 | |||
Gross amount carried, total | 17.8 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Hideaway Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 26.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 28.4 | |||
Gross amount carried, total | 28.4 | |||
Accumulated Depreciation | (2.8) | |||
Safe Harbor Marinas [Member] | Holly Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.1 | |||
Initial cost to company, depreciable assets | 7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 0.1 | |||
Gross amount carried, depreciable assets | 10.2 | |||
Gross amount carried, total | 10.3 | |||
Accumulated Depreciation | (1.1) | |||
Safe Harbor Marinas [Member] | Islamorada | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.7 | |||
Initial cost to company, depreciable assets | 8.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 3.7 | |||
Gross amount carried, depreciable assets | 9.3 | |||
Gross amount carried, total | 13 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Island Park | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.5 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 7.5 | |||
Gross amount carried, depreciable assets | 5.4 | |||
Gross amount carried, total | 12.9 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Jamestown | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 32 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 34.3 | |||
Gross amount carried, total | 34.3 | |||
Accumulated Depreciation | (3.7) | |||
Safe Harbor Marinas [Member] | Jamestown Boatyard | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.9 | |||
Initial cost to company, depreciable assets | 3.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 3.9 | |||
Gross amount carried, depreciable assets | 4.6 | |||
Gross amount carried, total | 8.5 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Jarrett Bay Boatworks | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10 | |||
Initial cost to company, depreciable assets | 11.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 10 | |||
Gross amount carried, depreciable assets | 12.6 | |||
Gross amount carried, total | 22.6 | |||
Accumulated Depreciation | (1) | |||
Safe Harbor Marinas [Member] | Jefferson Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19.2 | |||
Initial cost to company, depreciable assets | 18.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.8 | |||
Gross amount carried, land | 19.2 | |||
Gross amount carried, depreciable assets | 20.9 | |||
Gross amount carried, total | 40.1 | |||
Accumulated Depreciation | (3) | |||
Safe Harbor Marinas [Member] | Kings Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10.7 | |||
Initial cost to company, depreciable assets | 14.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 10.7 | |||
Gross amount carried, depreciable assets | 16.5 | |||
Gross amount carried, total | 27.2 | |||
Accumulated Depreciation | (1.6) | |||
Safe Harbor Marinas [Member] | Kittery Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4 | |||
Initial cost to company, depreciable assets | 4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 4 | |||
Gross amount carried, depreciable assets | 4.6 | |||
Gross amount carried, total | 8.6 | |||
Accumulated Depreciation | (0.2) | |||
Safe Harbor Marinas [Member] | Lakefront | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.5 | |||
Initial cost to company, depreciable assets | 1.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.3 | |||
Gross amount carried, land | 0.5 | |||
Gross amount carried, depreciable assets | 5.1 | |||
Gross amount carried, total | 5.6 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Lauderdale Marine Center | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 179.7 | |||
Initial cost to company, depreciable assets | 158.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 13.2 | |||
Gross amount carried, land | 179.7 | |||
Gross amount carried, depreciable assets | 171.9 | |||
Gross amount carried, total | 351.6 | |||
Accumulated Depreciation | (10.9) | |||
Safe Harbor Marinas [Member] | Loch Lomond | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.2 | |||
Initial cost to company, depreciable assets | 7.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 7.1 | |||
Gross amount carried, land | 5.2 | |||
Gross amount carried, depreciable assets | 14.5 | |||
Gross amount carried, total | 19.7 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Manasquan River | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 2 | |||
Gross amount carried, depreciable assets | 3.6 | |||
Gross amount carried, total | 5.6 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Marathon | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.2 | |||
Initial cost to company, depreciable assets | 13.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 6.2 | |||
Gross amount carried, depreciable assets | 13.9 | |||
Gross amount carried, total | 20.1 | |||
Accumulated Depreciation | (1.1) | |||
Safe Harbor Marinas [Member] | Marina Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10.6 | |||
Initial cost to company, depreciable assets | 19.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.2 | |||
Gross amount carried, land | 10.6 | |||
Gross amount carried, depreciable assets | 23.8 | |||
Gross amount carried, total | 34.4 | |||
Accumulated Depreciation | (1.8) | |||
Safe Harbor Marinas [Member] | Marina Bay Yacht Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.8 | |||
Initial cost to company, depreciable assets | 15.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0.8 | |||
Gross amount carried, depreciable assets | 15.4 | |||
Gross amount carried, total | 16.2 | |||
Accumulated Depreciation | 0 | |||
Safe Harbor Marinas [Member] | Montauk Yacht Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 65.8 | |||
Initial cost to company, depreciable assets | 97.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.1 | |||
Gross amount carried, land | 65.8 | |||
Gross amount carried, depreciable assets | 100 | |||
Gross amount carried, total | 165.8 | |||
Accumulated Depreciation | (1.8) | |||
Safe Harbor Marinas [Member] | Mystic | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.3 | |||
Initial cost to company, depreciable assets | 13.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 1 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.3 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 15.8 | |||
Gross amount carried, total | 18.1 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Narrows Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.1 | |||
Initial cost to company, depreciable assets | 11.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.3 | |||
Gross amount carried, land | 9.1 | |||
Gross amount carried, depreciable assets | 16.8 | |||
Gross amount carried, total | 25.9 | |||
Accumulated Depreciation | (2.6) | |||
Safe Harbor Marinas [Member] | New England Boatworks | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 21.9 | |||
Initial cost to company, depreciable assets | 17.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9 | |||
Gross amount carried, land | 21.9 | |||
Gross amount carried, depreciable assets | 26.4 | |||
Gross amount carried, total | 48.3 | |||
Accumulated Depreciation | (3.8) | |||
Safe Harbor Marinas [Member] | New Port Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 19 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.4 | |||
Gross amount carried, land | 19 | |||
Gross amount carried, depreciable assets | 2.9 | |||
Gross amount carried, total | 21.9 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Newport Shipyard | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 17.7 | |||
Initial cost to company, depreciable assets | 52.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.5 | |||
Gross amount carried, land | 17.7 | |||
Gross amount carried, depreciable assets | 58.7 | |||
Gross amount carried, total | 76.4 | |||
Accumulated Depreciation | (5.3) | |||
Safe Harbor Marinas [Member] | North Palm Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 16.6 | |||
Initial cost to company, depreciable assets | 11.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 16.6 | |||
Gross amount carried, depreciable assets | 16.5 | |||
Gross amount carried, total | 33.1 | |||
Accumulated Depreciation | (1) | |||
Safe Harbor Marinas [Member] | Old Port Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 27.8 | |||
Initial cost to company, depreciable assets | 26.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 27.8 | |||
Gross amount carried, depreciable assets | 28.6 | |||
Gross amount carried, total | 56.4 | |||
Accumulated Depreciation | (2.5) | |||
Safe Harbor Marinas [Member] | Onset Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.9 | |||
Initial cost to company, depreciable assets | 5.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 5.9 | |||
Gross amount carried, depreciable assets | 6.5 | |||
Gross amount carried, total | 12.4 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Outer Banks | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 9.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 10.5 | |||
Gross amount carried, total | 10.5 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Oxford | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.9 | |||
Initial cost to company, depreciable assets | 4.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.5 | |||
Gross amount carried, land | 0.9 | |||
Gross amount carried, depreciable assets | 6.4 | |||
Gross amount carried, total | 7.3 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Peninsula Yacht Club | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 9.5 | |||
Initial cost to company, depreciable assets | 19 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 9.5 | |||
Gross amount carried, depreciable assets | 22.2 | |||
Gross amount carried, total | 31.7 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Pier 121 | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 66.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 6.9 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 73.1 | |||
Gross amount carried, total | 73.1 | |||
Accumulated Depreciation | (9.1) | |||
Safe Harbor Marinas [Member] | Pier 77 | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 4.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.3 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 4.4 | |||
Gross amount carried, total | 5.5 | |||
Accumulated Depreciation | (0.6) | |||
Safe Harbor Marinas [Member] | Pilots Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 12.7 | |||
Initial cost to company, depreciable assets | 43.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 12.7 | |||
Gross amount carried, depreciable assets | 47.4 | |||
Gross amount carried, total | 60.1 | |||
Accumulated Depreciation | (4.2) | |||
Safe Harbor Marinas [Member] | Pineland | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 10.8 | |||
Initial cost to company, depreciable assets | 6.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.2 | |||
Gross amount carried, land | 10.8 | |||
Gross amount carried, depreciable assets | 7.6 | |||
Gross amount carried, total | 18.4 | |||
Accumulated Depreciation | (1.2) | |||
Safe Harbor Marinas [Member] | Plymouth | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7 | |||
Initial cost to company, depreciable assets | 14.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 7 | |||
Gross amount carried, depreciable assets | 17.4 | |||
Gross amount carried, total | 24.4 | |||
Accumulated Depreciation | (1.3) | |||
Safe Harbor Marinas [Member] | Podickory Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 1.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.8 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 2.3 | |||
Gross amount carried, total | 4.1 | |||
Accumulated Depreciation | (0.2) | |||
Safe Harbor Marinas [Member] | Port Phoenix | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 1.3 | |||
Gross amount carried, total | 1.3 | |||
Accumulated Depreciation | 0 | |||
Safe Harbor Marinas [Member] | Port Royal | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 16 | |||
Initial cost to company, depreciable assets | 4.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.6 | |||
Gross amount carried, land | 16 | |||
Gross amount carried, depreciable assets | 7.5 | |||
Gross amount carried, total | 23.5 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Port Royal Landing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.5 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 1.5 | |||
Gross amount carried, depreciable assets | 2.7 | |||
Gross amount carried, total | 4.2 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Post Road | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 4.2 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.3) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 3.9 | |||
Gross amount carried, depreciable assets | 3.9 | |||
Gross amount carried, total | 7.8 | |||
Accumulated Depreciation | (0.4) | |||
Safe Harbor Marinas [Member] | Puerto del Rey | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 15.9 | |||
Initial cost to company, depreciable assets | 77.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 5.1 | |||
Gross amount carried, land | 15.9 | |||
Gross amount carried, depreciable assets | 82.5 | |||
Gross amount carried, total | 98.4 | |||
Accumulated Depreciation | (4) | |||
Safe Harbor Marinas [Member] | Regatta Pointe | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 21.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.7 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 25.4 | |||
Gross amount carried, total | 25.4 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Reserve Harbor | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.9 | |||
Initial cost to company, depreciable assets | 4.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 2.9 | |||
Gross amount carried, depreciable assets | 5.7 | |||
Gross amount carried, total | 8.6 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Riviera Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 46.2 | |||
Initial cost to company, depreciable assets | 20.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 47 | |||
Gross amount carried, depreciable assets | 25.1 | |||
Gross amount carried, total | 72.1 | |||
Accumulated Depreciation | (2.8) | |||
Safe Harbor Marinas [Member] | Rockland | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.3 | |||
Initial cost to company, depreciable assets | 10.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.8 | |||
Gross amount carried, land | 5.3 | |||
Gross amount carried, depreciable assets | 13.9 | |||
Gross amount carried, total | 19.2 | |||
Accumulated Depreciation | (1.3) | |||
Safe Harbor Marinas [Member] | Sakonnet | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.2 | |||
Initial cost to company, depreciable assets | 8.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | (0.1) | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.4 | |||
Gross amount carried, land | 5.1 | |||
Gross amount carried, depreciable assets | 10.9 | |||
Gross amount carried, total | 16 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Sandusky | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.2 | |||
Initial cost to company, depreciable assets | 2.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.6 | |||
Gross amount carried, land | 0.2 | |||
Gross amount carried, depreciable assets | 6.5 | |||
Gross amount carried, total | 6.7 | |||
Accumulated Depreciation | (1) | |||
Safe Harbor Marinas [Member] | Shelburne Shipyard | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 1.7 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.2 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 4.9 | |||
Gross amount carried, total | 7.2 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Shelter Island | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 9.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.9 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 10.5 | |||
Gross amount carried, total | 10.5 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Siesta Key | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.4 | |||
Initial cost to company, depreciable assets | 6.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.2 | |||
Gross amount carried, land | 3.4 | |||
Gross amount carried, depreciable assets | 10.4 | |||
Gross amount carried, total | 13.8 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Silver Spring | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.1 | |||
Initial cost to company, depreciable assets | 2.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.6 | |||
Gross amount carried, land | 3.1 | |||
Gross amount carried, depreciable assets | 4.4 | |||
Gross amount carried, total | 7.5 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Skippers Landing | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5 | |||
Initial cost to company, depreciable assets | 2.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.9 | |||
Gross amount carried, land | 5 | |||
Gross amount carried, depreciable assets | 4.7 | |||
Gross amount carried, total | 9.7 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Skull Creek | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 5.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.9 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 8.5 | |||
Gross amount carried, total | 9.6 | |||
Accumulated Depreciation | (0.6) | |||
Safe Harbor Marinas [Member] | South Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 11.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.5 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 12.4 | |||
Gross amount carried, total | 12.4 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | South Fork | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 8 | |||
Initial cost to company, depreciable assets | 5.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 17.5 | |||
Gross amount carried, land | 8 | |||
Gross amount carried, depreciable assets | 22.8 | |||
Gross amount carried, total | 30.8 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | South Harbour Village | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.7 | |||
Initial cost to company, depreciable assets | 3.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.8 | |||
Gross amount carried, land | 0.7 | |||
Gross amount carried, depreciable assets | 7.6 | |||
Gross amount carried, total | 8.3 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Sportsman | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 22.1 | |||
Initial cost to company, depreciable assets | 18.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 3.5 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 16.4 | |||
Gross amount carried, land | 25.6 | |||
Gross amount carried, depreciable assets | 35.3 | |||
Gross amount carried, total | 60.9 | |||
Accumulated Depreciation | (3.2) | |||
Safe Harbor Marinas [Member] | Stingray Point | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.7 | |||
Initial cost to company, depreciable assets | 1.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.2 | |||
Gross amount carried, land | 1.7 | |||
Gross amount carried, depreciable assets | 1.5 | |||
Gross amount carried, total | 3.2 | |||
Accumulated Depreciation | (0.2) | |||
Safe Harbor Marinas [Member] | Stirling | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 0 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 0 | |||
Gross amount carried, total | 0 | |||
Accumulated Depreciation | 0 | |||
Safe Harbor Marinas [Member] | Stratford | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.3 | |||
Initial cost to company, depreciable assets | 17.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.4 | |||
Gross amount carried, land | 2.3 | |||
Gross amount carried, depreciable assets | 19.3 | |||
Gross amount carried, total | 21.6 | |||
Accumulated Depreciation | (1.7) | |||
Safe Harbor Marinas [Member] | Sunroad | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 48.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.2 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 50.4 | |||
Gross amount carried, total | 50.4 | |||
Accumulated Depreciation | (2.3) | |||
Safe Harbor Marinas [Member] | Sunset Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 2.5 | |||
Initial cost to company, depreciable assets | 7.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.5 | |||
Gross amount carried, land | 2.5 | |||
Gross amount carried, depreciable assets | 12.1 | |||
Gross amount carried, total | 14.6 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Toledo Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 2.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 10 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 12.5 | |||
Gross amount carried, total | 13.6 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Tower Marine | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.1 | |||
Initial cost to company, depreciable assets | 13.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 7.1 | |||
Gross amount carried, depreciable assets | 13.7 | |||
Gross amount carried, total | 20.8 | |||
Accumulated Depreciation | (0.7) | |||
Safe Harbor Marinas [Member] | Trade Winds | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 10.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.8 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 12.6 | |||
Gross amount carried, total | 12.6 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Ventura Isle | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 23.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.7 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 26.6 | |||
Gross amount carried, total | 26.6 | |||
Accumulated Depreciation | (1.5) | |||
Safe Harbor Marinas [Member] | Vineyard Haven | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 6.1 | |||
Initial cost to company, depreciable assets | 3.9 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0.8 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.8 | |||
Gross amount carried, land | 6.9 | |||
Gross amount carried, depreciable assets | 7.7 | |||
Gross amount carried, total | 14.6 | |||
Accumulated Depreciation | (0.8) | |||
Safe Harbor Marinas [Member] | Walden | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 4.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 5.2 | |||
Gross amount carried, total | 6.3 | |||
Accumulated Depreciation | (0.5) | |||
Safe Harbor Marinas [Member] | Wentworth by the Sea | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.4 | |||
Initial cost to company, depreciable assets | 6.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.7 | |||
Gross amount carried, land | 7.4 | |||
Gross amount carried, depreciable assets | 7.5 | |||
Gross amount carried, total | 14.9 | |||
Accumulated Depreciation | (0.3) | |||
Safe Harbor Marinas [Member] | West Palm Beach | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 15.1 | |||
Initial cost to company, depreciable assets | 33 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 9.1 | |||
Gross amount carried, land | 15.1 | |||
Gross amount carried, depreciable assets | 42.1 | |||
Gross amount carried, total | 57.2 | |||
Accumulated Depreciation | (4.9) | |||
Safe Harbor Marinas [Member] | Westport | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 3.2 | |||
Initial cost to company, depreciable assets | 5.8 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 2.5 | |||
Gross amount carried, land | 3.2 | |||
Gross amount carried, depreciable assets | 8.3 | |||
Gross amount carried, total | 11.5 | |||
Accumulated Depreciation | (1.3) | |||
Safe Harbor Marinas [Member] | Wickford | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.1 | |||
Initial cost to company, depreciable assets | 2.4 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0 | |||
Gross amount carried, land | 1.1 | |||
Gross amount carried, depreciable assets | 2.4 | |||
Gross amount carried, total | 3.5 | |||
Accumulated Depreciation | 0 | |||
Safe Harbor Marinas [Member] | Wickford Cove | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 7.2 | |||
Initial cost to company, depreciable assets | 13 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 4.9 | |||
Gross amount carried, land | 7.2 | |||
Gross amount carried, depreciable assets | 17.9 | |||
Gross amount carried, total | 25.1 | |||
Accumulated Depreciation | (1.4) | |||
Safe Harbor Marinas [Member] | Willsboro Bay | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.6 | |||
Initial cost to company, depreciable assets | 3.1 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 1.3 | |||
Gross amount carried, land | 0.6 | |||
Gross amount carried, depreciable assets | 4.4 | |||
Gross amount carried, total | 5 | |||
Accumulated Depreciation | (1.9) | |||
Safe Harbor Marinas [Member] | Wisdom Dock | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0.3 | |||
Initial cost to company, depreciable assets | 3.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 0.6 | |||
Gross amount carried, land | 0.3 | |||
Gross amount carried, depreciable assets | 3.9 | |||
Gross amount carried, total | 4.2 | |||
Accumulated Depreciation | (1) | |||
Safe Harbor Marinas [Member] | Yacht Haven | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 5.6 | |||
Initial cost to company, depreciable assets | 4.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3.1 | |||
Gross amount carried, land | 5.6 | |||
Gross amount carried, depreciable assets | 7.4 | |||
Gross amount carried, total | 13 | |||
Accumulated Depreciation | (0.9) | |||
Safe Harbor Marinas [Member] | Zahnisers | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 1.8 | |||
Initial cost to company, depreciable assets | 3.6 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 3 | |||
Gross amount carried, land | 1.8 | |||
Gross amount carried, depreciable assets | 6.6 | |||
Gross amount carried, total | 8.4 | |||
Accumulated Depreciation | (0.6) | |||
Safe Harbor Marinas [Member] | All Marina Properties Excluding Marinas Headquarters And Other [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 980.6 | |||
Initial cost to company, depreciable assets | 1,820.2 | |||
Cost capitalized subsequent to acquisition (improvements), land | 7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 400.6 | |||
Gross amount carried, land | 987.6 | |||
Gross amount carried, depreciable assets | 2,220.8 | |||
Gross amount carried, total | 3,208.4 | |||
Accumulated Depreciation | (204.3) | |||
Safe Harbor Marinas [Member] | Marinas Headquarters and Other Fixed Assets | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 0 | |||
Initial cost to company, depreciable assets | 10.3 | |||
Cost capitalized subsequent to acquisition (improvements), land | 0 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 37.8 | |||
Gross amount carried, land | 0 | |||
Gross amount carried, depreciable assets | 48.1 | |||
Gross amount carried, total | 48.1 | |||
Accumulated Depreciation | (7.2) | |||
Safe Harbor Marinas [Member] | All Marina Properties Including Marinas Headquarters And Other [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Encumbrances | 0 | |||
Initial cost to company, land | 980.6 | |||
Initial cost to company, depreciable assets | 1,830.5 | |||
Cost capitalized subsequent to acquisition (improvements), land | 7 | |||
Cost capitalized subsequent to acquisition (improvements), depreciable assets | 438.4 | |||
Gross amount carried, land | 987.6 | |||
Gross amount carried, depreciable assets | 2,268.9 | |||
Gross amount carried, total | 3,256.5 | |||
Accumulated Depreciation | $ (211.5) |
SCHEDULE III, Investment proper
SCHEDULE III, Investment property reconciliation (Details) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Aggregate cost of total real estate for federal income tax purposes | $ 10,700 | |||
Investment property | 16,709.9 | $ 13,762.7 | $ 11,684.6 | $ 8,919.6 |
Property and land acquisitions, including immediate improvements | 2,657 | 1,730.5 | 2,410.9 | |
Property expansion and development | 261.8 | 201.6 | 246.4 | |
Improvements | 418.4 | 300.3 | 249.3 | |
Asset impairment | (87.3) | 0 | 0 | |
Dispositions and other | $ (302.7) | $ (154.3) | $ (141.6) | |
Minimum [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 2 months | |||
Minimum [Member] | Land improvements and buildings [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 15 years | |||
Minimum [Member] | Furniture and Fixtures [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 2 years | |||
Minimum [Member] | Building and Building Improvements [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 15 years | |||
Minimum [Member] | Land Improvements [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 7 years | |||
Maximum [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 53 years | |||
Maximum [Member] | Land improvements and buildings [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 53 years | |||
Maximum [Member] | Furniture and Fixtures [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 40 years | |||
Maximum [Member] | Building and Building Improvements [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 40 years | |||
Maximum [Member] | Land Improvements [Member] | ||||
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | ||||
Useful life of assets | 30 years |
SCHEDULE III, Accumulated depre
SCHEDULE III, Accumulated depreciation reconciliation (Details) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Real Estate and Accumulated Depreciation [Line Items] | ||||
Accumulated Depreciation | $ 2,738.9 | $ 2,337.2 | $ 1,968.8 | $ 1,686.9 |
Depreciation for the period | 528.6 | 457.3 | 344.5 | |
Asset impairment | (58.7) | 0 | 0 | |
Dispositions and other | (68.2) | $ (88.9) | $ (62.6) | |
RV and Marina Properties [Member] | Hurricane Ian [Member] | ||||
Real Estate and Accumulated Depreciation [Line Items] | ||||
Property impairment charges | $ 28.6 |