Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Cash Flows From Operating Activities:
Consolidated net income	$ 197,886	$ 197,398
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Loss on sale of real estate and impairment, net	683	0
Depreciation and amortization	106,044	105,156
Amortization of loan costs	2,481	2,584
Equity in (income)/loss of unconsolidated joint ventures	(4,854)	(862)
Distributions of income from unconsolidated joint ventures	147	421
Proceeds from insurance claims, net	(405)	(18,519)
Compensation expense related to incentive plans	5,009	5,045
Revenue recognized from membership upgrade sales upfront payments	(6,572)	(7,997)
Commission expense related to memberships	2,271	2,238
Changes in assets and liabilities:
Manufactured homes, net	(17,055)	9,960
Notes receivable, net	6,498	(1,619)
Deferred commission expense	(3,603)	(3,479)
Other assets, net	(2,880)	(13,401)
Accounts payable and other liabilities	8,123	21,212
Deferred membership revenue	5,346	17,758
Rents and other customer payments received in advance and security deposits	25,558	25,982
Net cash provided by operating activities	324,677	341,877
Cash Flows From Investing Activities:
Real estate acquisitions, net	0	(25)
Investment in unconsolidated joint ventures	(8,904)	(3,852)
Distributions of capital from unconsolidated joint ventures	8,389	2,709
Proceeds from insurance claims, net	4,411	13,793
Issuance of notes receivable	(56,110)	0
Capital improvements	(104,659)	(117,231)
Net cash used in investing activities	(156,873)	(104,606)
Cash Flows From Financing Activities:
Proceeds from stock options and employee stock purchase plan	747	764
Distributions:
Common Stockholders	(189,669)	(172,476)
Common OP Unitholders	(9,036)	(8,422)
Preferred Stockholders	(8)	(8)
Share based award tax withholding payments	(2,258)	(1,908)
Principal payments and mortgage debt repayment	(119,455)	(31,913)
Term loan proceeds	150,000	0
Line of credit repayment	(526,000)	(239,000)
Line of credit proceeds	539,000	222,000
Debt issuance and defeasance costs	(2,494)	(108)
Other	(199)	(479)
Net cash used in financing activities	(159,372)	(231,550)
Net increase in cash and restricted cash	8,432	5,721
Cash and restricted cash, beginning of period	24,576	29,937
Cash and restricted cash, end of period	33,008	35,658
Supplemental Information:
Cash paid for interest, net	63,598	70,188
Cash paid for the purchase of manufactured homes	33,655	24,537
Real estate acquisitions:
Investment in real estate	0	(25)
Real estate acquisitions, net	$ 0	$ (25)