Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Community base rental income	$ 120,692	$ 114,076
Rental home income	3,605	3,545
Resort base rental income	61,068	55,434
Right-to-use annual payments	11,252	11,054
Right-to-use contracts current period, gross	3,206	2,532
Right-to-use contract upfront payments, deferred, net	(775)	(302)
Utility and other income	22,126	20,793
Gross revenues from home sales	7,027	8,214
Brokered resale revenues and ancillary services revenues, net	1,661	1,418
Interest income	1,770	1,660
Income from other investments, net	757	1,723
Total revenues	232,389	220,147
Expenses:
Property operating and maintenance	68,054	62,954
Rental home operating and maintenance	1,551	1,525
Real estate taxes	14,037	13,198
Sales and marketing, gross	2,690	2,493
Right-to-use contract commissions, deferred, net	(84)	104
Property management	12,560	11,763
Depreciation on real estate assets and rental homes	30,109	28,656
Amortization of in-place leases	1,032	335
Cost of home sales	7,119	8,281
Home selling expenses	925	834
General and administrative	7,373	7,407
Property rights initiatives and other, net	219	654
Interest and related amortization	24,879	25,634
Total expenses	170,464	163,838
Income before equity in income of unconsolidated joint ventures	61,925	56,309
Equity in income of unconsolidated joint ventures	1,150	881
Consolidated net income	63,075	57,190
Income allocated to non-controlling interests – Common OP Units	(3,890)	(4,310)
Net income available for Common Stockholders	56,888	50,583
Other comprehensive income (loss) (“OCI”):
Adjustment for fair market value of swap	226	(608)
Consolidated comprehensive income	63,301	56,582
Comprehensive income attributable to Common Stockholders	$ 57,100	$ 50,023
Earnings per Common Share – Basic:
Net income available for Common Shares (usd per share)	$ 0.66	$ 0.60
Earnings per Common Share - Fully Diluted:
Net income available for Common Shares (usd per share)	0.65	0.60
Distributions declared per Common Share outstanding (usd per share)	$ 0.4875	$ 0.425
Weighted average Common Shares outstanding – basic (shares)	86,048	84,321
Weighted average Common Shares outstanding – fully diluted (shares)	93,011	92,041
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 income (loss) (“OCI”):
Comprehensive income allocated to non-controlling interests – Common OP Units	$ (3,904)	$ (4,262)