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Reportable Segments Reportable Segments (Tables)
 9 Months Ended
Sep. 30, 2014
Schedule of Segment Reporting Information by Segment [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables summarize our segment financial information for the quarters ended September 30, 2014 and 2013 (amounts in thousands):
Quarter Ended September 30, 2014
 
Property
Operations
 
Home Sales
and Rentals
Operations
 
Consolidated
Operations revenues
$
184,046

 
$
12,737

 
$
196,783

Operations expenses
(91,715
)
 
(10,498
)
 
(102,213
)
Income from segment operations
92,331

 
2,239

 
94,570

Interest income
696

 
1,185

 
1,881

Depreciation on real estate and rental homes
(25,010
)
 
(2,821
)
 
(27,831
)
Amortization of in-place leases
(1,075
)
 
—

 
(1,075
)
Income from operations
$
66,942

 
$
603

 
$
67,545

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
21

Income from other investments, net
 
 
 
 
1,869

General and administrative
 
 
 
 
(7,623
)
Interest and related amortization
 
 
 
 
(27,864
)
Early debt retirement
 
 
 
 
(5,087
)
Property rights initiatives
 
 
 
 
(751
)
Equity in income of unconsolidated joint ventures
 
 
 
 
1,237

Gain on sale of property
 
 
 
 
929

Consolidated net income
 
 
 
 
$
30,276

 
 
 
 
 
 
Total assets
$
3,170,718

 
$
280,430

 
$
3,451,148











Quarter Ended September 30, 2013
 
Property
Operations
 
Home Sales
and Rentals
Operations
 
Consolidated
Operations revenues
$
174,657

 
$
9,224

 
$
183,881

Operations expenses
(86,579
)
 
(7,650
)
 
(94,229
)
Income from segment operations
88,078

 
1,574

 
89,652

Interest income
856

 
1,216

 
2,072

Depreciation on real estate and rental homes
(24,730
)
 
(1,730
)
 
(26,460
)
Amortization of in-place leases
(485
)
 
—

 
(485
)
Income from operations
$
63,719

 
$
1,060

 
$
64,779

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
128

Income from other investments, net
 
 
 
 
1,885

General and administrative
 
 
 
 
(7,606
)
Interest and related amortization
 
 
 
 
(29,206
)
Early debt retirement
 
 
 
 
(36,530
)
Property rights initiatives
 
 
 
 
(521
)
Equity in income of unconsolidated joint ventures
 
 
 
 
439

Discontinued operations
 
 
 
 
982

Gain on sale of property, net of tax
 
 
 
 
40,586

Consolidated net income
 
 
 
 
$
34,936

 
 
 
 
 
 
Total assets
$
3,099,625

 
$
297,505

 
$
3,397,130


The following tables summarize our segment financial information for the nine months ended September 30, 2014 and 2013 (amounts in thousands):
Nine Months Ended September 30, 2014
 
Property
Operations
 
Home Sales
and Rentals
Operations
 
Consolidated
Operations revenues
$
540,859

 
$
32,558

 
$
573,417

Operations expenses
(261,188
)
 
(26,765
)
 
(287,953
)
Income from segment operations
279,671

 
5,793

 
285,464

Interest income
2,266

 
3,339

 
5,605

Depreciation on real estate and rental homes
(74,815
)
 
(8,419
)
 
(83,234
)
Amortization of in-place leases
(3,791
)
 
—

 
(3,791
)
Income from operations
$
203,331

 
$
713

 
$
204,044

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
872

Income from other investments, net
 
 
 
 
6,098

General and administrative
 
 
 
 
(20,178
)
Early debt retirement
 
 
 
 
(5,087
)
Interest and related amortization
 
 
 
 
(84,177
)
Property rights initiatives
 
 
 
 
(2,063
)
Equity in income of unconsolidated joint ventures
 
 
 
 
3,768

Gain on sale of property
 
 
 
 
929

Consolidated net income
 
 
 
 
$
104,206

 
 
 
 
 
 
Total assets
$
3,170,718

 
$
280,430

 
$
3,451,148

Capital improvements
$
22,111

 
$
19,534

 
$
41,645




Nine Months Ended September 30, 2013
 
Property
Operations
 
Home Sales
and Rentals
Operations
 
Consolidated
Operations revenues
$
512,587

 
$
23,744

 
$
536,331

Operations expenses
(249,148
)
 
(18,688
)
 
(267,836
)
Income from segment operations
263,439

 
5,056

 
268,495

Interest income
2,589

 
3,220

 
5,809

Depreciation on real estate and rental homes
(76,704
)
 
(5,089
)
 
(81,793
)
Amortization of in-place leases
(803
)
 
—

 
(803
)
Income from operations
$
188,521

 
$
3,187

 
$
191,708

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
364

Income from other investments, net
 
 
 
 
5,989

General and administrative
 
 
 
 
(21,261
)
Interest and related amortization
 
 
 
 
(89,706
)
Early debt retirement
 
 
 
 
(37,911
)
Property rights initiatives
 
 
 
 
(2,377
)
Equity in income of unconsolidated joint ventures
 
 
 
 
1,624

Discontinued operations
 
 
 
 
7,215

Gain on sale of property, net of tax
 
 
 
 
41,544

Consolidated net income
 
 
 
 
$
97,189

 
 
 
 
 
 
Total assets
$
3,099,625

 
$
297,505

 
$
3,397,130

Capital improvements
$
17,787

 
$
30,784

 
$
48,571
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The following table summarizes our financial information for the Property Operations segment, specific to continuing operations, for the quarters and nine months ended September 30, 2014 and 2013 (amounts in thousands):    
 
Quarters Ended
 
Nine Months Ended
 
September 30,
2014
 
September 30,
2013
 
September 30,
2014
 
September 30,
2013
Revenues:
 
 
 
 
 
 
 
Community base rental income
$
106,967

 
$
103,157

 
$
319,514

 
$
305,401

Resort base rental income
44,351

 
39,932

 
126,188

 
113,868

Right-to-use annual payments
11,404

 
12,323

 
33,859

 
35,889

Right-to-use contracts current period, gross
3,944

 
3,707

 
9,956

 
9,899

Right-to-use contracts current period, deferred
(1,989
)
 
(1,856
)
 
(4,303
)
 
(4,446
)
Utility income and other
18,581

 
16,224

 
53,070

 
48,694

Ancillary services revenues, net
788

 
1,170

 
2,575

 
3,282

Total property operations revenues
184,046

 
174,657

 
540,859

 
512,587

Expenses:
 
 
 
 
 
 
 
Property operating and maintenance
66,105

 
61,782

 
186,018

 
175,183

Real estate taxes
12,263

 
11,584

 
36,905

 
35,873

Sales and marketing, gross
3,018

 
3,842

 
8,118

 
9,536

Sales and marketing deferred commissions, net
(757
)
 
(706
)
 
(2,022
)
 
(1,824
)
Property management
11,086

 
10,077

 
32,169

 
30,380

Total property operations expenses
91,715

 
86,579

 
261,188

 
249,148

Income from property operations segment
$
92,331

 
$
88,078

 
$
279,671

 
$
263,439







The following table summarizes our financial information for the Home Sales and Rentals Operations segment, specific to continuing operations, for the quarters and nine months ended September 30, 2014 and 2013 (amounts in thousands):
 
Quarters Ended
 
Nine Months Ended
September 30,
2014
 
September 30,
2013
 
September 30,
2014
 
September 30,
2013
Revenues:
 
 
 
 
 
 
 
Gross revenue from home sales
$
8,717

 
$
5,415

 
$
20,455

 
$
12,328

Brokered resale revenues, net
336

 
225

 
916

 
840

Rental home income (a)
3,684

 
3,584

 
11,187

 
10,576

Total revenues
12,737

 
9,224

 
32,558

 
23,744

Expenses:
 
 
 
 
 
 
 
Cost of home sales
8,156

 
5,137

 
19,679

 
11,837

Home selling expenses
513

 
563

 
1,710

 
1,544

Rental home operating and maintenance
1,829

 
1,950

 
5,376

 
5,307

Total expenses
10,498

 
7,650

 
26,765

 
18,688

Income from home sales and rentals operations segment
$
2,239

 
$
1,574

 
$
5,793

 
$
5,056

______________________
(a)
Segment information does not include Site rental income included in Community base rental income.