Consolidated Statements of Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INCOME:
Rental and Related Income	$ 113,832,660	$ 101,801,425	$ 90,679,557
Sales of Manufactured Homes	15,754,033	10,846,494	8,534,272
Total Income	129,586,693	112,647,919	99,213,829
EXPENSES:
Community Operating Expenses	52,948,510	47,846,565	42,638,333
Cost of Sales of Manufactured Homes	11,715,987	8,471,190	6,466,520
Selling Expenses	3,774,425	3,095,155	2,852,405
General and Administrative Expenses	10,879,419	9,645,681	8,004,925
Acquisition Costs	0	0	79,231
Depreciation Expense	31,691,209	27,557,746	23,214,100
Total Expenses	111,009,550	96,616,337	83,255,514
OTHER INCOME (EXPENSE):
Interest Income	2,254,690	2,006,880	1,584,585
Dividend Income	10,367,155	8,134,898	6,636,126
Gain on Sales of Marketable Securities, net	20,107	1,747,528	2,285,301
Decrease in Fair Value of Marketable Securities	(51,675,396)	0	0
Other Income	410,444	705,048	504,759
Interest Expense	(16,038,585)	(15,876,972)	(15,432,364)
Total Other Income (Expense)	(54,661,585)	(3,282,618)	(4,421,593)
Income (Loss) Before Loss on Sales of Investment Property and Equipment	(36,084,442)	12,748,964	11,536,722
Loss on Sales of Investment Property and Equipment	(131,129)	(80,930)	(2,163)
Net Income (Loss)	(36,215,571)	12,668,034	11,534,559
Less: Preferred Dividends	(20,315,944)	(16,844,812)	(14,103,432)
Less: Redemption of Preferred Stock	0	(3,502,487)	0
Net Loss Attributable to Common Shareholders	$ (56,531,515)	$ (7,679,265)	$ (2,568,873)
Basic and Diluted Income (Loss) Per Share:
Net Income (Loss)	$ (0.98)	$ 0.39	$ 0.41
Less: Preferred Dividends	$ (0.55)	$ (0.52)	$ (0.51)
Less: Redemption of Preferred Stock	0	(0.11)	0
Net Loss Attributable to Common Shareholders	$ (1.53)	$ (0.24)	$ (0.10)
Weighted Average Common Shares Outstanding:
Basic and Diluted	36,871,322	32,675,650	27,808,895