XML 79 R64.htm IDEA: XBRL DOCUMENT v3.23.4
Borrowing Arrangements - Mortgage Notes Payable and Activity (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
community
property
loan
Dec. 31, 2020
USD ($)
property
Dec. 31, 2021
USD ($)
community
property
Mar. 31, 2021
property
Debt Instrument          
Mortgage notes payable, net   $ 2,693,167   $ 2,627,783  
Weighted average interest rate (in percentage)   3.70%   3.80%  
Number of pledged properties | property   114   117  
Pledged assets, not separately reported   $ 5,111,021   $ 4,885,290  
Payments of debt extinguishment costs     $ 9,000    
Asset Not Pledged as Collateral          
Debt Instrument          
Pledged assets, not separately reported   $ 2,868,300   $ 2,817,500  
Secured Debt | Secured Refinancing Loan Due 2034          
Debt Instrument          
Stated interest rate (in percentage)   3.36%      
Proceeds from loans   $ 200,000      
Secured Debt | Secured Refinancing Loan Due 2034 | M H Resorts          
Debt Instrument          
Number of pledged properties | community   1      
Mortgages          
Debt Instrument          
Number of credit facilities | property     3    
Mortgages | Mortgage Loans Due 2022          
Debt Instrument          
Weighted average interest rate (in percentage)   5.25%      
Repayments of debt   $ 14,200      
Number of loans | loan   2      
Payments of debt extinguishment costs   $ 500      
Mortgages | Mortgage Loans Due 2022 | R V Resort          
Debt Instrument          
Number of pledged properties | community   3      
Mortgages | Prepaid Loans          
Debt Instrument          
Weighted average interest rate (in percentage)         5.10%
Repayments of debt $ 67,000        
Number of loans | property         2
Payments of debt extinguishment costs 1,900        
Mortgages | Prepaid Loans | R V Resort          
Debt Instrument          
Number of pledged properties | community       2  
Mortgages | Secured Loans in 2021          
Debt Instrument          
Weighted average interest rate (in percentage)     5.10%    
Repayments of debt     $ 166,800    
Mortgages | Secured Loans in 2021 | R V Resort          
Debt Instrument          
Number of pledged properties | property     3    
Mortgages | Secured Loans in 2021 | M H Resorts          
Debt Instrument          
Number of pledged properties | property     21    
Line of Credit          
Debt Instrument          
Weighted average interest rate (in percentage)     2.60%    
Debt instrument, term (in years)     12 years    
Number of credit facilities | property     2    
Line of Credit | Prepaid Loans          
Debt Instrument          
Stated interest rate (in percentage)         2.40%
Proceeds from loans $ 270,000   $ 662,300    
Debt instrument, term (in years) 10 years        
Line of Credit | Prepaid Loans | R V Resort          
Debt Instrument          
Number of pledged properties     4 2  
Line of Credit | Prepaid Loans | M H Resorts          
Debt Instrument          
Number of pledged properties     18 1  
Line of Credit | Mortgages          
Debt Instrument          
Repayments of debt     $ 48,100    
Minimum | Secured Debt          
Debt Instrument          
Stated interest rate (in percentage)   2.40%      
Maximum | Secured Debt          
Debt Instrument          
Stated interest rate (in percentage)   8.90%