Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash Flows From Operating Activities:
Consolidated net income	$ 284,261	$ 233,249
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Loss on sale of real estate and impairment, net	1,798	3,581
Early debt retirement	30	68
Depreciation and amortization	157,492	156,967
Amortization of loan costs	3,989	3,637
Debt premium amortization	0	(62)
Equity in income of unconsolidated joint ventures	(6,736)	(2,158)
Distributions of income from unconsolidated joint ventures	1,331	1,155
Proceeds from insurance claims, net	(18,971)	21,770
Compensation expense related to incentive plans	7,226	15,275
Revenue recognized from membership upgrade sales upfront payments	(12,170)	(10,863)
Commission expense recognized related to membership sales	3,397	3,122
Deferred income tax benefit	(239)	0
Changes in assets and liabilities:
Manufactured homes, net	11,379	(31,980)
Notes receivable, net	(5,152)	(4,365)
Deferred commission expense	(5,806)	(5,861)
Other assets, net	(3,675)	(5,076)
Accounts payable and other liabilities	44,659	12,165
Deferred membership revenue	26,697	29,140
Rents and other customer payments received in advance and security deposits	1,894	(1,106)
Net cash provided by operating activities	491,404	418,658
Cash Flows From Investing Activities:
Real estate acquisitions, net	(24)	(9,326)
Investment in unconsolidated joint ventures	(9,299)	(6,060)
Distributions of capital from unconsolidated joint ventures	14,113	3,730
Proceeds from insurance claims, net	18,933	5,309
Capital improvements	(175,629)	(231,172)
Net cash used in investing activities	(151,906)	(237,519)
Cash Flows From Financing Activities:
Proceeds from stock options and employee stock purchase plan	1,158	1,604
Distributions:
Common Stockholders	(261,538)	(242,994)
Common OP Unitholders	(12,769)	(12,069)
Preferred Stockholders	(8)	(8)
Share based award tax withholding payments	(1,908)	(1,932)
Principal payments and mortgage debt repayment	(48,055)	(148,811)
Mortgage notes payable financing proceeds	0	463,753
Line of credit repayment	(382,000)	(605,000)
Line of credit proceeds	383,500	407,000
Debt issuance and defeasance costs	(6,857)	(5,033)
Other	(560)	(316)
Net cash used in financing activities	(329,037)	(143,806)
Net increase in cash and restricted cash	10,461	37,333
Cash and restricted cash, beginning of period	29,937	22,347
Cash and restricted cash, end of period	40,398	59,680
Supplemental Information:
Cash paid for interest, net	106,715	97,297
Cash paid for the purchase of manufactured homes	36,003	90,477
Real estate acquisitions:
Investment in real estate	(24)	(10,057)
Other assets, net	0	13
Rents and other customer payments received in advance and security deposits	0	718
Real estate acquisitions, net	$ (24)	$ (9,326)