Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues:
Community base rental income	$ 117,164	$ 110,908	$ 346,625	$ 330,251
Rental home income	3,484	3,413	10,572	10,526
Resort base rental income	54,486	49,765	154,652	142,837
Right-to-use annual payments	11,349	11,334	33,590	33,260
Right-to-use contracts current period, gross	3,672	3,889	9,290	10,264
Right-to-use contract upfront payments, deferred, net	(1,327)	(1,701)	(2,427)	(3,929)
Utility and other income	21,174	20,027	61,490	58,010
Gross revenues from home sales	10,895	7,878	28,239	24,341
Brokered resale revenues and ancillary services revenues, net	920	1,051	2,736	4,045
Interest income	1,767	1,758	5,052	5,314
Income from other investments, net	2,581	1,822	6,574	5,119
Total revenues	226,165	210,144	656,393	620,038
Expenses:
Property operating and maintenance	73,410	69,227	203,011	194,522
Rental home operating and maintenance	1,768	1,874	4,874	5,232
Real estate taxes	13,467	12,923	39,534	38,169
Sales and marketing, gross	3,100	3,105	8,524	9,139
Right-to-use contract commissions, deferred, net	(200)	(464)	(212)	(1,471)
Property management	11,863	11,361	35,670	33,750
Depreciation on real estate assets and rental homes	29,518	28,410	87,203	84,861
Amortization of in-place leases	1,376	616	2,139	1,950
Cost of home sales	10,745	7,868	28,507	23,685
Home selling expenses	909	861	2,548	2,386
General and administrative	7,653	7,225	23,315	22,172
Property rights initiatives and other	855	687	2,036	1,934
Early debt retirement	0	0	0	16,922
Interest and related amortization	25,440	26,227	76,635	79,648
Total expenses	179,904	169,920	513,784	512,899
Income before equity in income of unconsolidated joint ventures	46,261	40,224	142,609	107,139
Equity in income of unconsolidated joint ventures	496	1,882	2,142	3,606
Consolidated net income	46,757	42,106	144,751	110,745
Income allocated to non-controlling interests – Common OP Units	(3,462)	(3,136)	(10,770)	(8,191)
Net income available for Common Stockholders	40,998	36,673	127,071	95,644
Other comprehensive income (loss) (“OCI”):
Adjustment for fair market value of swap	551	(578)	(93)	(1,231)
Consolidated comprehensive income	47,308	41,528	144,658	109,514
Comprehensive income attributable to Common Stockholders	$ 41,506	$ 36,141	$ 126,986	$ 94,511
Earnings per Common Share – Basic:
Net income available for Common Shares (usd per share)	$ 0.48	$ 0.44	$ 1.50	$ 1.14
Earnings per Common Share - Fully Diluted:
Net income available for Common Shares (usd per share)	0.48	0.43	1.49	1.13
Distributions declared per Common Share outstanding (usd per share)	$ 0.425	$ 0.375	$ 1.275	$ 1.125
Weighted average Common Shares outstanding – basic (shares)	85,105	84,057	84,649	84,016
Weighted average Common Shares outstanding – fully diluted (shares)	92,910	91,940	92,405	91,877
6.75% Series C Cumulative Redeemable Perpetual Preferred Stock
Expenses:
Series C Redeemable Perpetual Preferred Stock Dividends	$ (2,297)	$ (2,297)	$ (6,910)	$ (6,910)
Non- controlling interests – Common OP Units
Other comprehensive income (loss) (“OCI”):
Comprehensive income allocated to non-controlling interests – Common OP Units	$ (3,505)	$ (3,090)	$ (10,762)	$ (8,093)