Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Revenues:
Rental income	$ 327,206	$ 316,599
Other income	15,555	15,548
Interest income	2,238	2,168
Income from other investments, net	2,018	2,038
Total revenues	387,334	386,568
Expenses:
Property operating and maintenance	118,566	114,783
Real estate taxes	21,643	20,787
Membership sales and marketing	3,931	5,297
Depreciation and amortization	50,942	51,108
Home selling expenses and ancillary operating expenses	6,168	6,147
General and administrative	9,239	11,989
Casualty-related charges/(recoveries), net	217	(14,843)
Other expenses	1,878	1,092
Interest and related amortization	31,136	33,543
Total expenses	277,842	271,580
Income before other items	109,492	114,988
Equity in income of unconsolidated joint ventures	4,901	283
Consolidated net income	114,393	115,271
Income allocated to non-controlling interests – Common OP Units	(5,201)	(5,366)
Net income available for Common Stockholders	109,192	109,905
Other comprehensive income (loss):
Adjustment for fair market value of swap	(1,629)	(781)
Consolidated comprehensive income	112,764	114,490
Comprehensive income allocated to non-controlling interests – Common OP Units	(5,127)	(5,329)
Comprehensive income attributable to Common Stockholders	$ 107,637	$ 109,161
Earnings per Common Share – Basic (in usd per share)	$ 0.57	$ 0.59
Earnings per Common Share – Fully Diluted (in usd per share)	$ 0.57	$ 0.59
Weighted average Common Shares outstanding – Basic (in shares)	190,925	186,287
Weighted average Common Shares outstanding – Fully Diluted (in shares)	200,074	195,545
Annual membership subscriptions
Revenues:
Contract revenue	$ 16,342	$ 16,215
Membership upgrade revenue
Revenues:
Contract revenue	3,052	3,947
Home sales, brokered resales and ancillary services
Revenues:
Contract revenue	20,923	30,053
Expenses:
Cost of services	13,692	21,967
Property management
Expenses:
Cost of services	$ 20,430	$ 19,710