Real Estate Acquisitions (Tables)

6 Months Ended

Jun. 30, 2014

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma financial information presents the results of our operations for the three and six months ended June 30, 2014 and 2013 as if the properties were acquired on January 1, 2013. The unaudited pro forma results reflect certain adjustments for items that are not expected to have a continuing impact, such as adjustments for transaction costs incurred, management fees and purchase accounting. The information presented below has been prepared for comparative purposes only and does not purport to be indicative of either future results of operations or the results of operations that would have actually occurred had the acquisitions been consummated on January 1, 2013 (in thousands, except per-share data).



	Three Months Ended June 30,				Six Months Ended June 30,
	(unaudited)
	2014		2013		2014		2013
Total revenues	$	116,960	$	103,338	$	229,862	$	209,438
Net income attributable to Sun Communities, Inc. common stockholders	$	5,730	$	2,098	$	15,534	$	9,844
Net income per share attributable to Sun Communities, Inc. common stockholders - basic	$	0.14	$	0.06	$	0.40	$	0.30
Net income per share attributable to Sun Communities, Inc. common stockholders - diluted	$	0.14	$	0.06	$	0.40	$	0.30

Schedule of Revenue and Net Income from Acquisitions [Table Text Block]

The amount of revenue and net income included in the consolidated statements of operations for the three and six months ended June 30, 2014 for all acquisitions described above is set forth in the following table (in thousands):



	Three Months Ended June 30, 2014		Six Months Ended June 30, 2014
	(unaudited)
Revenue	$	5,026	$	6,079
Net income	$	2,866	$	3,225

Schedule of Purchase Price Allocation

The following tables summarize the amounts of the assets acquired and liabilities assumed at the acquisition dates and the consideration paid for acquisitions completed in 2014 (in thousands):



At Acquisition Date	Wine Country			Castaways			Seashore			Driftwood			Saco			Lake Rudolph			Total
Investment in property	$	13,250		$	36,597		$	24,258		$	31,301		$	4,366		$	30,454		$	140,226
In-place leases and other intangible assets	—			—			500			790			—			—			1,290
Other assets	9			2			12			4			31			64			122
Below market franchise intangible	—			—			—			—			(6		)	—			(6		)
Other liabilities	(60		)	(497		)	(1,188		)	(836		)	(258		)	(1,417		)	(4,256		)
Total identifiable assets and liabilities assumed	$	13,199		$	36,102		$	23,582		$	31,259		$	4,133		$	29,101		$	137,376

Consideration
Cash consideration transferred	$	13,199		$	36,102		$	23,582		$	31,259		$	4,133		$	29,101		$	137,376