Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Community base rental income	$ 442,046	$ 426,886	$ 409,801
Rental home income	14,012	14,827	14,267
Resort base rental income	184,760	163,968	147,234
Right-to-use annual payments	44,443	44,860	47,967
Right-to-use contracts current period, gross	12,783	13,892	13,815
Right-to-use contract upfront payments, deferred, net	(4,231)	(5,501)	(5,694)
Utility and other income	76,153	70,209	63,800
Gross revenues from home sales	33,150	28,418	17,871
Brokered resale revenues and ancillary services revenues, net	4,149	3,850	4,212
Interest income	7,030	8,347	8,260
Income from other investments, net	7,359	7,053	7,515
Total revenues	821,654	776,809	729,048
Expenses:
Property operating and maintenance	254,668	243,914	229,897
Rental home operating and maintenance	7,167	7,441	7,474
Real estate taxes	50,962	48,714	48,279
Sales and marketing, gross	11,751	12,418	13,509
Right-to-use contract commissions, deferred, net	(1,556)	(2,617)	(2,410)
Property management	44,528	42,638	40,193
Depreciation on real estate assets and rental homes	113,609	111,065	108,229
Amortization of in-place leases	2,358	3,999	1,940
Cost of home sales	32,279	26,747	17,296
Home selling expenses	3,191	2,342	2,085
General and administrative	30,644	27,410	28,211
Property rights initiatives and other	2,986	2,923	2,771
Early debt retirement	16,913	5,087	37,844
Interest and related amortization	105,731	112,295	118,522
Total expenses	675,231	644,376	653,840
Income from continuing operations before equity in income of unconsolidated joint ventures and gain on sale of property	146,423	132,433	75,208
Equity in income of unconsolidated joint ventures	4,089	4,578	2,039
Gain on sale of property	0	1,457	0
Consolidated income from continuing operations	150,512	138,468	77,247
Discontinued Operations:
Income from discontinued operations before gain on sale of property	0	0	7,133
Gain on sale of property, net of tax	0	0	41,525
Consolidated income from discontinued operations	0	0	48,658
Consolidated net income	150,512	138,468	125,905
Income allocated to non-controlling interests – Common OP Units	(11,141)	(10,463)	(9,706)
Other comprehensive income (loss) (“OCI”):
Adjustment for fair market value of swap	(172)	546	1,663
Consolidated comprehensive income	150,340	139,014	127,568
Series C Redeemable Perpetual Preferred Stock Dividends	(9,226)	(9,274)	(9,280)
Comprehensive income attributable to Common Stockholders	$ 129,988	$ 119,234	$ 108,443
Earnings per Common Share – Basic:
Income from continuing operations	$ 1.55	$ 1.42	$ 0.75
Income from discontinued operations	0.00	0.00	0.54
Net income available for Common Stockholders	1.55	1.42	1.29
Earnings per Common Share – Fully Diluted:
Income from continuing operations	1.54	1.41	0.75
Income from discontinued operations	0.00	0.00	0.53
Net income available for Common Stockholders	$ 1.54	$ 1.41	$ 1.28
Weighted average Common Shares outstanding – basic	84,031	83,362	83,018
Weighted average Common Shares outstanding – fully diluted	91,907	91,511	91,196
6.75% Series C Cumulative Redeemable Perpetual Preferred Stock
Other comprehensive income (loss) (“OCI”):
Series C Redeemable Perpetual Preferred Stock Dividends	$ (9,226)	$ (9,274)	$ (9,280)
Non- controlling interests – Common OP Units
Other comprehensive income (loss) (“OCI”):
Adjustment for fair market value of swap	0	0	0
Comprehensive income allocated to non-controlling interests – Common OP Units	$ 11,126	$ (10,506)	$ (9,845)