Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows From Operating Activities:
Consolidated net income	$ 107,537	$ 97,994
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation	60,960	58,242
Amortization of in-place leases	1,990	763
Amortization of loan costs	1,788	1,876
Debt premium amortization	(1,166)	(1,730)
Equity in income of unconsolidated joint ventures	(2,190)	(1,646)
Distributions of income from unconsolidated joint ventures	1,800	1,041
Stock-based compensation	4,257	4,393
Revenue recognized from right-to-use contract upfront payments	(4,908)	(4,518)
Commission expense recognized related to right-to-use contracts	2,202	2,019
Long term incentive plan compensation	674	(3,852)
Recovery for uncollectible rents receivable	214	(679)
Changes in assets and liabilities:
Notes receivable activity, net	(282)	361
Deferred commission expense	(2,280)	(2,238)
Escrow deposits, goodwill and other assets	21,814	13,137
Accrued expenses and accounts payable	316	2,453
Deferred revenue – upfront payments from right-to-use contracts	7,004	5,618
Deferred revenue – right-to-use annual payments	2,742	3,139
Rents received in advance and security deposits	11,630	10,434
Net cash provided by operating activities	214,102	186,807
Cash Flows From Investing Activities:
Real estate acquisition	(2,053)	(76,203)
Investment in unconsolidated joint ventures	(2,267)	(5,000)
Repayments of notes receivable	5,054	5,176
Issuance of notes receivable	(18,696)	(4,356)
Capital improvements	(53,464)	(55,707)
Net cash used in investing activities	(71,426)	(136,090)
Cash Flows From Financing Activities:
Proceeds from stock options and employee stock purchase plan	764	5,331
Share based award tax withholding	0	(98)
Gross proceeds from sale of Common Stock	0	50,000
Distributions:
Common Stockholders	(78,699)	(67,565)
Common OP Unitholders	(5,942)	(5,766)
Preferred Stockholders	(4,613)	(4,613)
Principal payments and mortgage debt payoff	(42,637)	(32,564)
Debt issuance and defeasance costs	0	(5)
Other	(149)	(824)
Net cash used in financing activities	(131,276)	(56,104)
Net increase (decrease) in cash	11,400	(5,387)
Cash, beginning of period	56,340	80,258
Cash, end of period	67,740	74,871
Supplemental Information:
Cash paid during the period for interest	51,135	53,121
Capital improvements – used homes acquired by repossessions	192	445
Net repayments of notes receivable – used homes acquired by repossessions	(192)	(445)
Building and other depreciable property – reclassification of rental homes	15,322	15,986
Escrow deposits and other assets – reclassification of rental homes	(15,322)	(15,986)
Real estate acquisitions:
Investment in real estate, fair value	(7,985)	(100,148)
Escrow deposits and other assets	0	(20)
Debt assumed	5,900	22,010
Accrued expenses and accounts payable	32	1,955
Real estate acquisitions, net	$ (2,053)	$ (76,203)