Consolidated Statements of Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
INCOME:
Rental and Related Income	$ 90,679,557	$ 74,762,548	$ 63,886,010
Sales of Manufactured Homes	8,534,272	6,754,123	7,545,923
Total Income	99,213,829	81,516,671	71,431,933
EXPENSES:
Community Operating Expenses	42,638,333	37,049,462	33,592,327
Cost of Sales of Manufactured Homes	6,466,520	5,058,350	5,832,540
Selling Expenses	2,852,405	2,788,360	2,983,376
General and Administrative	8,004,925	7,345,644	6,465,973
Acquisition Costs	79,231	957,219	483,522
Depreciation Expense	23,214,100	18,877,511	15,163,420
Total Expenses	83,255,514	72,076,546	64,521,158
OTHER INCOME (EXPENSE):
Interest Income	1,584,585	1,819,567	2,098,974
Dividend Income	6,636,126	4,399,181	4,065,986
Gain on Sales of Securities, net	2,285,301	204,230	1,542,589
Other Income	504,759	435,816	328,888
Interest Expense	(15,432,364)	(14,074,446)	(10,716,722)
Total Other Income (Expense)	(4,421,593)	(7,215,652)	(2,680,285)
Income before Gain (Loss) on Sales of Investment Property and Equipment	11,536,722	2,224,473	4,230,490
Gain (Loss) on Sales of Investment Property and Equipment	(2,163)	(80,268)	7,313
NET INCOME	11,534,559	2,144,205	4,237,803
Less: Preferred Dividends	14,103,432	8,267,198	7,556,588
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (2,568,873)	$ (6,122,993)	$ (3,318,785)
Basic and Diluted Income (Loss) Per Share:
Net Income	$ 0.42	$ 0.08	$ 0.19
Less: Preferred Dividends	(0.51)	(0.32)	(0.34)
Net Loss Attributable to Common Shareholders	$ (0.09)	$ (0.24)	$ (0.15)
Weighted Average Common Shares Outstanding:
Basic and Diluted	27,808,895	25,932,626	22,496,103