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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Land $ 1,414,279 $ 1,201,945
Land improvements and buildings 6,595,272 5,586,250
Rental homes and improvements 627,175 571,661
Furniture, fixtures and equipment 282,874 201,090
Investment property 8,919,600 7,560,946
Accumulated depreciation (1,686,980) (1,442,630)
Investment property, net (including $344,300 and $308,171 for consolidated VIEs at December 31, 2019 and December 31, 2018; see Note 8) 7,232,620 6,118,316
Cash, cash equivalents and restricted cash 34,830 62,262
Marketable securities 94,727 49,037
Inventory of manufactured homes 62,061 49,199
Notes and other receivables, net 157,926 160,077
Collateralized receivables, net 0 106,924
Other assets, net (including $23,894 and $19,809 for consolidated VIEs at December 31, 2019 and December 31, 2018; see Note 8) 219,896 164,211
Total Assets 7,802,060 6,710,026
LIABILITIES    
Mortgage loans payable (including $46,993 and $44,172 for consolidated VIEs at December 31, 2019 and December 31, 2018; see Note 8) 3,180,592 2,815,957
Secured borrowings on collateralized receivables 0 107,731
Lines of credit 183,898 128,000
Distributions payable 71,704 63,249
Advanced reservation deposits and rent 133,420 133,698
Accrued expenses and accounts payable 127,289 106,281
Other liabilities (including $13,631 and $6,914 for consolidated VIEs at December 31, 2019 and December 31, 2018; see Note 8) 81,289 51,581
Total Liabilities 3,848,104 3,479,112
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount 27,091 21,976
Stockholders' Equity    
Common stock, $0.01 par value. Authorized: 180,000 shares; Issued and outstanding: 93,180 December 31, 2019 and 86,357 December 31, 2018 932 864
Additional paid-in capital 5,213,264 4,398,949
Accumulated other comprehensive loss (1,331) (4,504)
Distributions in excess of accumulated earnings (1,393,141) (1,288,486)
Total Sun Communities, Inc. stockholders' equity 3,819,724 3,106,823
Noncontrolling interests    
Common and preferred OP units 47,686 53,354
Consolidated variable interest entities 8,542 7,145
Total noncontrolling interests 56,228 60,499
Total Stockholders' Equity 3,875,952 3,167,322
Total Liabilities, Temporary Equity and Stockholders' Equity 7,802,060 6,710,026
Series A-4 Preferred Stock [Member]    
LIABILITIES    
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount 0 31,739
Series A-4 Preferred Op Units [Member]    
LIABILITIES    
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount 0 9,877
Series D Preferred OP Units [Member]    
LIABILITIES    
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount 50,913 0
Preferred Equity, Mandatorily Redeemable [Member]    
LIABILITIES    
Preferred OP units - mandatorily redeemable 35,249 35,277
Aspen and Series B-3 Preferred OP Units [Member]    
LIABILITIES    
Mortgage loans payable (including $46,993 and $44,172 for consolidated VIEs at December 31, 2019 and December 31, 2018; see Note 8) 34,663  
Preferred OP units - mandatorily redeemable $ 34,663 $ 37,338