Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Land	$ 1,079,708	$ 1,051,536
Land improvements and buildings	5,024,937	4,825,043
Rental homes and improvements	516,618	489,633
Furniture, fixtures and equipment	140,894	130,127
Investment property	6,762,157	6,496,339
Accumulated depreciation	(1,188,332)	(1,026,858)
Investment property, net (including $50,655 and $88,987 for consolidated variable interest entities at September 30, 2017 and December 31, 2016; see Note 6)	5,573,825	5,469,481
Cash and cash equivalents	137,448	8,164
Inventory of manufactured homes	25,741	21,632
Notes and other receivables, net	145,760	81,179
Collateralized receivables, net	134,015	143,870
Other assets, net (including $1,638 and $3,054 for consolidated variable interest entities at September 30, 2017 and December 31, 2016; see Note 6)	141,047	146,450
TOTAL ASSETS	6,157,836	5,870,776
LIABILITIES
Mortgage loans payable (including $42,177 and $62,111 for consolidated variable interest entities at September 30, 2017 and December 31, 2016; see Note 6)	2,822,640	2,819,567
Preferred OP units - mandatorily redeemable	45,903
Lines of credit		100,095
Distributions payable	56,520	51,896
Other liabilities (including $1,258 and $1,998 for consolidated variable interest entities at September 30, 2017 and December 31, 2016; see Note 6)	291,074	279,667
TOTAL LIABILITIES	3,351,021	3,441,605
Commitments and contingencies
STOCKHOLDERS' EQUITY
Series A preferred stock, $0.01 par value. Issued and outstanding: 3,400 shares at September 30, 2017 and December 31, 2016	34	34
Common stock, $0.01 par value. Authorized: 180,000 shares; Issued and outstanding: 79,341 shares at September 30, 2017 and 73,206 shares at December 31, 2016	793	732
Additional paid-in capital	3,810,930	3,321,441
Accumulated other comprehensive income (loss)	1,531	(3,181)
Distributions in excess of accumulated earnings	(1,117,228)	(1,023,415)
Total Sun Communities, Inc. stockholders’ equity	2,696,060	2,295,611
Noncontrolling interests:
Common and preferred OP units	63,668	69,598
Consolidated variable interest entities	3,841	(2,982)
Total noncontrolling interests	67,509	66,616
TOTAL STOCKHOLDERS’ EQUITY	2,763,569	2,362,227
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	6,157,836	5,870,776
Series A-4 Preferred Stock
LIABILITIES
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	32,414	50,227
Series A-4 preferred OP units
LIABILITIES
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	$ 10,832	$ 16,717