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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2012
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
 The table presents the carrying values and fair values of our financial instruments as of March 31, 2012 and December 31, 2011 that were measured using the valuation techniques described above. The table excludes other financial instruments such as cash and cash equivalents, accounts receivable, and accounts payable because the carrying values associated with these instruments approximate fair value since their maturities are less than one year.

 
March 31, 2012
 
December 31, 2011
Financial assets
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Derivative instruments
$

 
$

 
$

 
$

Installment notes on manufactured homes, net
14,191

 
14,191

 
13,417

 
13,417

Collateralized receivables, net
83,098

 
83,098

 
81,176

 
81,176

Financial liabilities
 
 
 
 
 
 
 
Derivative instruments
$
847

 
$
847

 
$
1,106

 
$
1,106

Long term debt (excluding secured borrowing)
1,203,960

 
1,193,100

 
1,186,509

 
1,175,261

Secured borrowing
83,611

 
83,611

 
81,682

 
81,682

Lines of credit
5,984

 
5,984

 
129,034

 
129,034

Fair Value, Measurement Inputs, Disclosure

The table below sets forth, by level, our financial assets and liabilities that were required to be carried at fair value in the Consolidated Balance Sheets as of March 31, 2012.

Assets
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Derivative instruments
$

 
$

 
$

 
$

Total assets
$

 
$

 
$

 
$

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$
847

 
$

 
$
847

 
$

Debt
$
1,193,100

 
$

 
$
1,193,100

 
$

Total liabilities
$
1,193,947

 
$

 
$
1,193,947

 
$