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Reportable Segments (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
 
Year Ended December 31, 2014
 
Property
Operations
 
Home Sales
and  Rentals
Operations
 
Consolidated
Operations revenues
$
716,942

 
$
44,467

 
$
761,409

Operations expenses
(345,067
)
 
(36,530
)
 
(381,597
)
Income from segment operations
371,875

 
7,937

 
379,812

Interest income
2,984

 
4,466

 
7,450

Depreciation on real estate assets and rental homes
(99,980
)
 
(11,085
)
 
(111,065
)
Amortization of in-place leases
(3,999
)
 
—

 
(3,999
)
Income from operations
$
270,880

 
$
1,318

 
272,198

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
897

Income from other investments, net
 
 
 
 
7,053

General and administrative
 
 
 
 
(27,410
)
Property rights initiatives and other
 
 
 
 
(2,923
)
Early debt retirement
 
 
 
 
(5,087
)
Interest and related amortization
 
 
 
 
(112,295
)
Equity in income of unconsolidated joint ventures
 
 
 
 
4,578

Gain on sale of property
 
 
 
 
1,457

Consolidated net income
 
 
 
 
$
138,468

 
 
 
 
 
 
Total assets
$
3,161,769

 
$
267,456

 
$
3,429,225

Capital improvements
$
35,973

 
$
27,748

 
$
63,721

 
Year Ended December 31, 2015
 
Property
Operations
 
Home Sales
and  Rentals
Operations
 
Consolidated
Operations revenues
$
758,834

 
$
48,431

 
$
807,265

Operations expenses
(360,353
)
 
(42,637
)
 
(402,990
)
Income from segment operations
398,481

 
5,794

 
404,275

Interest income
2,813

 
4,119

 
6,932

Depreciation on real estate assets and rental homes
(102,747
)
 
(10,862
)
 
(113,609
)
Amortization of in-place leases
(2,358
)
 
—

 
(2,358
)
Income (loss) from operations
$
296,189

 
$
(949
)
 
295,240

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
98

Income from other investments, net
 
 
 
 
7,359

General and administrative
 
 
 
 
(30,644
)
Property rights initiatives and other
 
 
 
 
(2,986
)
Early debt retirement
 
 
 
 
(16,913
)
Interest and related amortization
 
 
 
 
(105,731
)
Equity in income of unconsolidated joint ventures
 
 
 
 
4,089

Consolidated net income
 
 
 
 
$
150,512

 
 
 
 
 
 
Total assets
$
3,158,559

 
$
241,841

 
$
3,400,400

Capital improvements
$
51,369

 
$
42,430

 
$
93,799

The following tables summarize our segment financial information (amounts in thousands):
 
Year Ended December 31, 2016
 
Property
Operations
 
Home Sales
and Rentals
Operations
 
Consolidated
Operations revenues
$
803,784

 
$
52,496

 
$
856,280

Operations expenses
(379,201
)
 
(47,914
)
 
(427,115
)
Income from segment operations
424,583

 
4,582

 
429,165

Interest income
2,894

 
3,888

 
6,782

Depreciation on real estate assets and rental homes
(106,560
)
 
(10,840
)
 
(117,400
)
Amortization of in-place leases
(3,373
)
 
—

 
(3,373
)
Income (loss) from operations
$
317,544

 
$
(2,370
)
 
315,174

Reconciliation to Consolidated net income
 
 
 
 
 
Corporate interest income
 
 
 
 
63

Income from other investments, net
 
 
 
 
7,310

General and administrative
 
 
 
 
(31,004
)
Property rights initiatives and other, net
 
 
 
 
(4,986
)
Interest and related amortization
 
 
 
 
(102,030
)
Equity in income of unconsolidated joint ventures
 
 
 
 
2,605

Consolidated net income
 
 
 
 
$
187,132

 
 
 
 
 
 
Total assets
$
3,250,205

 
$
228,782

 
$
3,478,987

Capital improvements
$
57,825

 
$
61,612

 
$
119,437
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following table summarizes our financial information for the Property Operations segment for the years ended December 31, 2016, 2015, and 2014 (amounts in thousands): 

 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
Revenues:
 
 
 
 
 
 
Community base rental income
 
$
464,745

 
$
442,046

 
$
426,886

Resort base rental income
 
201,533

 
184,760

 
163,968

Right-to-use annual payments
 
45,035

 
44,443

 
44,860

Right-to-use contracts current period, gross
 
12,327

 
12,783

 
13,892

Right-to-use contract upfront payments, deferred, net
 
(3,079
)
 
(4,231
)
 
(5,501
)
Utility income and other
 
81,427

 
76,153

 
70,209

Ancillary services revenues, net
 
1,796

 
2,880

 
2,628

Total property operations revenues
 
803,784

 
758,834

 
716,942

Expenses:
 
 
 
 
 
 
Property operating and maintenance
 
268,249

 
254,668

 
243,914

Real estate taxes
 
53,036

 
50,962

 
48,714

Sales and marketing, gross
 
11,056

 
11,751

 
12,418

Right-to-use contract commissions, deferred, net
 
(223
)
 
(1,556
)
 
(2,617
)
Property management
 
47,083

 
44,528

 
42,638

Total property operations expenses
 
379,201

 
360,353

 
345,067

Income from property operations segment
 
$
424,583

 
$
398,481

 
$
371,875

The following table summarizes our financial information for the Home Sales and Rentals Operations segment, specific to continuing operations, for the years ended December 31, 2016, 2015 and 2014 (amounts in thousands): 
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
Revenues:
 
 
 
 
 
 
Gross revenue from home sales
 
$
37,191

 
$
33,150

 
$
28,418

Brokered resale revenues, net
 
1,198

 
1,269

 
1,222

Rental home income (1)
 
14,107

 
14,012

 
14,827

Total revenues
 
52,496

 
48,431

 
44,467

Expenses:
 
 
 
 
 
 
Cost of home sales
 
37,456

 
32,279

 
26,747

Home selling expenses
 
3,575

 
3,191

 
2,342

Rental home operating and maintenance
 
6,883

 
7,167

 
7,441

Total expenses
 
47,914

 
42,637

 
36,530

Income from home sales and rentals operations segment
 
$
4,582

 
$
5,794

 
$
7,937

(1)
Segment information does not include Site rental income included in Community base rental income.