Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash Flows From Operating Activities:
Consolidated net income	$ 173,045	$ 237,796
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Gain on sale of real estate, net	0	(52,507)
Early debt retirement	10,786	1,491
Depreciation and amortization	117,870	114,160
Amortization of loan costs	2,636	2,623
Debt premium amortization	(304)	(359)
Equity in income of unconsolidated joint ventures	(2,239)	(8,277)
Distributions of income from unconsolidated joint ventures	84	5,010
Proceeds from insurance claims, net	(1,453)	(1,742)
Compensation expense related to restricted stock and stock options	8,511	7,779
Revenue recognized from membership upgrade sales upfront payments	(7,143)	(6,394)
Commission expense recognized related to membership sales	2,774	2,773
Long-term incentive plan compensation	1,148	(3,226)
Changes in assets and liabilities:
Notes receivable, net	(1,460)	(2,441)
Deferred commission expense	(3,844)	(3,418)
Other assets, net	21,663	1,070
Accounts payable and other liabilities	22,029	35,771
Rents and other customer payments received in advance and security deposits	(1,193)	3,290
Net cash provided by operating activities	360,868	349,348
Cash Flows From Investing Activities:
Real estate acquisitions, net	(8,871)	(176,296)
Proceeds from disposition of properties, net	0	77,746
Investment in unconsolidated joint ventures	0	(983)
Distributions of capital from unconsolidated joint ventures	2,294	5,734
Proceeds from insurance claims	109	6,689
Capital improvements	(155,061)	(189,788)
Net cash used in investing activities	(161,529)	(276,898)
Cash Flows From Financing Activities:
Proceeds from stock options and employee stock purchase plan	1,678	1,934
Proceeds from Issuance or Sale of Equity	0	59,319
Distributions:
Common Stockholders	(180,537)	(160,336)
Common OP Unitholders	(10,393)	(9,891)
Redeemable perpetual preferred stock dividends	(8)	(8)
Share based award tax withholding payments	(3,962)	0
Principal payments and mortgage debt repayment	(455,252)	(107,367)
Mortgage notes payable financing proceeds	662,255	0
Line of Credit repayment	(367,500)	(120,000)
Line of Credit proceeds	257,500	240,000
Debt issuance and defeasance costs	(17,150)	(1,700)
Other	(612)	(989)
Net cash used in financing activities	(113,981)	(99,038)
Net increase (decrease) in cash and restricted cash	85,358	(26,588)
Cash and restricted cash, beginning of period	28,860	68,974
Cash and restricted cash, end of period	114,218	42,386
Supplemental Information:
Cash paid for interest	76,551	76,508
Net investment in real estate – reclassification of rental homes	28,774	19,241
Other assets, net – reclassification of rental homes	(28,774)	(19,241)
Real estate acquisitions:
Investment in real estate	(9,050)	(240,324)
Non cash or Part Non cash Acquisition Investments In Unconsolidated Joint Ventures	0	35,789
Other assets, net	0	(1,415)
Debt assumed	0	19,212
Other liabilities	179	10,442
Real estate acquisitions, net	(8,871)	(176,296)
Real estate dispositions:
Investment in real estate	0	35,572
Notes receivable, net	0	295
Other assets, net	0	97
Mortgage notes payable, net	0	(11,175)
Other liabilities	0	450
Gain on sale of real estate, net	0	52,507
Proceeds from disposition of properties, net	0	77,746
Deferred revenue – upfront payments from membership upgrade sales
Changes in assets and liabilities:
Deferred revenue	16,522	14,609
Deferred revenue – annual membership subscriptions
Changes in assets and liabilities:
Deferred revenue	$ 1,436	$ 1,340