Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Community base rental income	$ 114,076	$ 109,270
Rental home income	3,545	3,554
Resort base rental income	55,434	51,645
Right-to-use annual payments	11,054	10,981
Right-to-use contracts current period, gross	2,532	2,797
Right-to-use contract upfront payments, deferred, net	(302)	(773)
Utility and other income	20,793	19,082
Gross revenues from home sales	8,214	6,937
Brokered resale revenues and ancillary services revenues, net	1,418	1,982
Interest income	1,660	1,820
Income from other investments, net	1,723	1,119
Total revenues	220,147	208,414
Expenses:
Property operating and maintenance	62,954	61,117
Rental home operating and maintenance	1,525	1,669
Real estate taxes	13,198	12,594
Sales and marketing, gross	2,493	2,522
Right-to-use contract commissions, deferred, net	104	(243)
Property management	11,763	11,290
Depreciation on real estate assets and rental homes	28,656	28,116
Amortization of in-place leases	335	665
Cost of home sales	8,281	6,724
Home selling expenses	834	805
General and administrative	7,407	7,406
Property rights initiatives and other	654	553
Early debt retirement	0	16,991
Interest and related amortization	25,634	27,276
Total expenses	163,838	177,485
Income before equity in income of unconsolidated joint ventures	56,309	30,929
Equity in income of unconsolidated joint ventures	881	884
Consolidated net income	57,190	31,813
Income allocated to non-controlling interests – Common OP Units	(4,310)	(2,331)
Net income available for Common Stockholders	50,583	27,185
Other comprehensive (loss) income (“OCI”):
Adjustment for fair market value of swap	(608)	(857)
Consolidated comprehensive income	56,582	30,956
Comprehensive income attributable to Common Stockholders	$ 50,023	$ 26,396
Earnings per Common Share – Basic:
Net income available for Common Shares (usd per share)	$ 0.60	$ 0.32
Earnings per Common Share - Fully Diluted:
Net income available for Common Shares (usd per share)	0.60	0.32
Distributions declared per Common Share outstanding (usd per share)	$ 0.425	$ 0.375
Weighted average Common Shares outstanding – basic (shares)	84,321	83,961
Weighted average Common Shares outstanding – fully diluted (shares)	92,041	91,777
6.75% Series C Cumulative Redeemable Perpetual Preferred Stock
Expenses:
Series C Redeemable Perpetual Preferred Stock Dividends	$ (2,297)	$ (2,297)
Non- controlling interests – Common OP Units
Other comprehensive (loss) income (“OCI”):
Comprehensive income allocated to non-controlling interests – Common OP Units	$ (4,262)	$ (2,263)