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SCHEDULE III
3 Months Ended
Mar. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Real Estate and Accumulated Depreciation Disclosure [Text Block]
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
49’er Village RV Resort
 
Plymouth, CA
 
 C
 
$

 
$
2,180

 
$
10,710

 
$

 
$
2,252

 
$
2,180

 
$
12,962

 
$
15,142

 
$
(1,251
)
 
2017
 
(A)
Academy / West Point
 
Canton, MI
 
 

 
1,485

 
14,278

 

 
9,496

 
1,485

 
23,774

 
25,259

 
(12,715
)
 
2000
 
(A)
Adirondack Gateway RV Resort & Campground
 
Gansevoort, NY
 
 

 
620

 
1,970

 

 
2,577

 
620

 
4,547

 
5,167

 
(599
)
 
2016
 
(A)
Allendale Meadows Mobile Village
 
Allendale, MI
 
 

 
366

 
3,684

 

 
10,928

 
366

 
14,612

 
14,978

 
(8,782
)
 
1996
 
(A)
Alpine Meadows Mobile Village
 
Grand Rapids, MI
 
 A
 
10,895

 
729

 
6,692

 

 
10,072

 
729

 
16,764

 
17,493

 
(10,114
)
 
1996
 
(A&C)
Alta Laguna
 
Rancho Cucamonga, CA
 
 D
 
28,090

 
23,736

 
21,088

 

 
1,687

 
23,736

 
22,775

 
46,511

 
(2,768
)
 
2016
 
(A)
Apple Carr Village
 
Muskegon, MI
 
 

 
800

 
6,172

 
336

 
18,359

 
1,136

 
24,531

 
25,667

 
(5,138
)
 
2011
 
(A&C)
Apple Creek
 
Amelia, OH
 
 B
 
7,582

 
543

 
5,480

 

 
2,901

 
543

 
8,381

 
8,924

 
(4,546
)
 
1999
 
(A)
Arbor Terrace RV Park
 
Bradenton, FL
 
 C
 

 
456

 
4,410

 

 
5,412

 
456

 
9,822

 
10,278

 
(5,142
)
 
1996
 
(A)
Arbor Woods
 
Ypsilanti, MI
 
 

 
3,340

 
12,385

 

 
11,303

 
3,340

 
23,688

 
27,028

 
(2,707
)
 
2017
 
(A)
Archview RV Resort & Campground
 
Moab, UT
 
 

 
6,289

 
8,419

 
5

 
305

 
6,294

 
8,724

 
15,018

 
(490
)
 
2018
 
(A)
Ariana Village
 
Lakeland, FL
 
 D
 
5,340

 
240

 
2,195

 

 
1,873

 
240

 
4,068

 
4,308

 
(2,364
)
 
1994
 
(A)
Arran Lake RV Resort & Campground
 
Allenford, ON
 
 

 
1,190

 
1,175

 
(28
)
(1 
) 
387

 
1,162

 
1,562

 
2,724

 
(203
)
 
2016
 
(A)
Austin Lone Star RV Resort
 
Austin, TX
 
 C
 

 
630

 
7,913

 

 
2,104

 
630

 
10,017

 
10,647

 
(1,257
)
 
2016
 
(A)
Autumn Ridge
 
Ankeny, IA
 
 D
 
24,344

 
890

 
8,054

 
(33
)
(3 
) 
5,835

 
857

 
13,889

 
14,746

 
(7,992
)
 
1996
 
(A)
Bahia Vista Estates
 
Sarasota, FL
 
 

 
6,810

 
17,650

 

 
1,804

 
6,810

 
19,454

 
26,264

 
(2,277
)
 
2016
 
(A)
Baker Acres RV Resort
 
Zephyrhills, FL
 
 E
 
7,218

 
2,140

 
11,880

 

 
2,520

 
2,140

 
14,400

 
16,540

 
(1,743
)
 
2016
 
(A)
Beechwood (4)
 
Killingworth, CT
 
 C
 

 
7,897

 
18,400

 

 
5

 
7,897

 
18,405

 
26,302

 
(307
)
 
2019
 
(A)
Bell Crossing
 
Clarksville, TN
 
 B
 
9,425

 
717

 
1,916

 
(13
)
(3 
) 
8,330

 
704

 
10,246

 
10,950

 
(6,134
)
 
1999
 
(A&C)
Big Timber Lake RV Camping Resort
 
Cape May Court House, NJ
 
 A
 
10,833

 
590

 
21,308

 

 
2,195

 
590

 
23,503

 
24,093

 
(5,827
)
 
2013
 
(A)
Big Tree RV Resort
 
Arcadia, FL
 
 

 
1,250

 
13,534

 

 
2,627

 
1,250

 
16,161

 
17,411

 
(1,991
)
 
2016
 
(A)
Blazing Star
 
San Antonio, TX
 
 C
 

 
750

 
6,163

 

 
1,764

 
750

 
7,927

 
8,677

 
(2,407
)
 
2012
 
(A)
Blue Heron Pines
 
Punta Gorda, FL
 
 E
 
18,066

 
410

 
35,294

 

 
5,043

 
410

 
40,337

 
40,747

 
(5,829
)
 
2015
 
(A&C)
Blue Jay MH & RV Resort
 
Dade City, FL
 
 

 
2,040

 
9,679

 

 
1,703

 
2,040

 
11,382

 
13,422

 
(1,343
)
 
2016
 
(A)
Blue Star / Lost Dutchman MH & RV Resort
 
Apache Junction, AZ
 
 E
 
6,406

 
5,120

 
12,720

 

 
5,627

 
5,120

 
18,347

 
23,467

 
(3,497
)
 
2014
 
(A)
Blueberry Hill
 
Bushnell, FL
 
 C
 

 
3,830

 
3,240

 

 
3,646

 
3,830

 
6,886

 
10,716

 
(2,285
)
 
2012
 
(A)
Boulder Ridge
 
Pflugerville, TX
 
 B
 
26,945

 
1,000

 
500

 
3,324

 
49,478

 
4,324

 
49,978

 
54,302

 
(13,237
)
 
1998
 
(C)
Branch Creek Estates
 
Austin, TX
 
 D
 
23,249

 
796

 
3,716

 

 
7,047

 
796

 
10,763

 
11,559

 
(6,525
)
 
1995
 
(A&C)
Brentwood Estates
 
Hudson, FL
 
 B
 
5,838

 
1,150

 
9,359

 

 
3,049

 
1,150

 
12,408

 
13,558

 
(2,035
)
 
2015
 
(A)
Brentwood Mobile Village
 
Kentwood, MI
 
 E
 
10,308

 
385

 
3,592

 

 
2,004

 
385

 
5,596

 
5,981

 
(3,571
)
 
1996
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Brentwood West
 
Mesa, AZ
 
 D
 
28,800

 
13,620

 
24,202

 

 
1,052

 
13,620

 
25,254

 
38,874

 
(4,911
)
 
2014
 
(A)
Broadview Estates
 
Davison, MI
 
 A
 
4,805

 
749

 
6,089

 

 
17,136

 
749

 
23,225

 
23,974

 
(12,158
)
 
1996
 
(A&C)
Brook Ridge (4)
 
Hooksett, NH
 
 C
 

 
959

 
5,971

 

 

 
959

 
5,971

 
6,930

 
(100
)
 
2019
 
(A)
Brookside Mobile Home Village
 
Goshen, IN
 
 

 
260

 
1,080

 
386

 
19,555

 
646

 
20,635

 
21,281

 
(10,050
)
 
1985
 
(A&C)
Brookside Village
 
Kentwood, MI
 
 D
 
6,886

 
170

 
5,564

 

 
392

 
170

 
5,956

 
6,126

 
(1,650
)
 
2011
 
(A)
Buena Vista (4)
 
Buckeye, AZ
 
 

 
9,190

 
14,363

 

 
59

 
9,190

 
14,422

 
23,612

 
(313
)
 
2019
 
(A)
Buttonwood Bay MH & RV Resort
 
Sebring, FL
 
 D
 
32,107

 
1,952

 
18,294

 

 
7,341

 
1,952

 
25,635

 
27,587

 
(14,582
)
 
2001
 
(A)
Byron Center Mobile Village
 
Byron Center, MI
 
 A
 
3,235

 
253

 
2,402

 

 
1,815

 
253

 
4,217

 
4,470

 
(2,684
)
 
1996
 
(A)
Caliente Sands
 
Cathedral City, CA
 
 

 
1,930

 
6,710

 

 
640

 
1,930

 
7,350

 
9,280

 
(612
)
 
2017
 
(A)
Camelot Villa
 
Macomb, MI
 
 A
 
16,442

 
910

 
21,211

 

 
12,349

 
910

 
33,560

 
34,470

 
(8,482
)
 
2013
 
(A)
Campers Haven RV Resort
 
Dennisport, MA
 
 D
 
16,300

 
14,260

 
11,915

 

 
8,230

 
14,260

 
20,145

 
34,405

 
(1,874
)
 
2016
 
(A)
Candlelight Manor
 
South Daytona, FL
 
 

 
3,140

 
3,867

 

 
2,650

 
3,140

 
6,517

 
9,657

 
(708
)
 
2016
 
(A)
Candlelight Village
 
Sauk Village, IL
 
 A
 
7,222

 
600

 
5,623

 

 
11,926

 
600

 
17,549

 
18,149

 
(10,139
)
 
1996
 
(A)
Canyonlands RV Resort & Campground
 
Moab, UT
 
 

 
3,661

 
7,415

 
1

 
519

 
3,662

 
7,934

 
11,596

 
(469
)
 
2018
 
(A)
Cape May Crossing
 
Cape May, NJ
 
 

 
270

 
1,693

 

 
494

 
270

 
2,187

 
2,457

 
(260
)
 
2016
 
(A)
Cape May KOA
 
Cape May, NJ
 
 C
 

 
650

 
7,736

 

 
7,950

 
650

 
15,686

 
16,336

 
(4,287
)
 
2013
 
(A)
Carolina Pines RV Resort
 
Longs, SC
 
 

 
5,900

 

 
694

 

 
6,594

 
63,828

 
70,422

 
(966
)
 
2017
 
(A)
Carriage Cove
 
Sanford, FL
 
 E
 
16,716

 
6,050

 
21,235

 

 
1,977

 
6,050

 
23,212

 
29,262

 
(4,426
)
 
2014
 
(A)
Carrington Pointe
 
Ft. Wayne, IN
 
 

 
1,076

 
3,632

 
(1
)
(3 
) 
18,984

 
1,075

 
22,616

 
23,691

 
(7,753
)
 
1997
 
(A&C)
Castaways RV Resort & Campground
 
Berlin, MD
 
 A
 
20,607

 
14,320

 
22,277

 

 
5,150

 
14,320

 
27,427

 
41,747

 
(6,131
)
 
2014
 
(A&C)
Cava Robles RV Resort
 
Paso Robles, CA
 
 

 
1,396

 

 

 

 
1,396

 
39,084

 
40,480

 
(2,668
)
 
2014
 
(C)
Cave Creek
 
Evans, CO
 
 B
 
24,811

 
2,241

 
15,343

 

 
9,338

 
2,241

 
24,681

 
26,922

 
(9,921
)
 
2004
 
(C)
Cedar Springs (4)
 
Southington, CT
 
 C
 

 
2,899

 
10,253

 

 
22

 
2,899

 
10,275

 
13,174

 
(171
)
 
2019
 
(A)
Central Park MH & RV Resort
 
Haines City, FL
 
 C
 

 
2,600

 
10,405

 

 
3,507

 
2,600

 
13,912

 
16,512

 
(1,525
)
 
2016
 
(A)
Cherrywood (4)
 
Clinton, NY
 
 C
 

 
662

 
9,629

 

 
57

 
662

 
9,686

 
10,348

 
(160
)
 
2019
 
(A)
Chisholm Point Estates
 
Pflugerville, TX
 
 D
 
23,200

 
609

 
5,286

 

 
6,131

 
609

 
11,417

 
12,026

 
(6,327
)
 
1995
 
(A&C)
Chincoteague Island KOA (2)
 
Chincoteague, VA
 
 

 
5,750

 
13,836

 

 

 
5,750

 
13,836

 
19,586

 
(273
)
 
2019
 
(A)
Chula Vista RV Resort (2) (4)
 
Chula Vista, CA
 
 

 

 

 

 
1,125

 

 
1,125

 
1,125

 
(25
)
 
2019
 
(A&C)
Cider Mill Crossings
 
Fenton, MI
 
 C
 

 
520

 
1,568

 

 
39,810

 
520

 
41,378

 
41,898

 
(9,046
)
 
2011
 
(A&C)
Cider Mill Village
 
Middleville, MI
 
 A
 
4,590

 
250

 
3,590

 

 
2,621

 
250

 
6,211

 
6,461

 
(2,283
)
 
2011
 
(A)
Citrus Hill RV Resort
 
Dade City, FL
 
 C
 

 
1,170

 
2,422

 

 
1,486

 
1,170

 
3,908

 
5,078

 
(431
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Clear Water Mobile Village
 
South Bend, IN
 
 B
 
12,249

 
80

 
1,270

 
61

 
6,335

 
141

 
7,605

 
7,746

 
(4,378
)
 
1986
 
(A)
Club Naples
 
Naples, FL
 
 C
 

 
5,780

 
4,952

 

 
3,139

 
5,780

 
8,091

 
13,871

 
(2,694
)
 
2011
 
(A)
Club Wildwood
 
Hudson, FL
 
 E
 
22,629

 
14,206

 
21,275

 

 
2,133

 
14,206

 
23,408

 
37,614

 
(2,690
)
 
2016
 
(A)
Coastal Plantation (4)
 
Hampstead, NC
 
 C
 

 
3,264

 
6,469

 

 
223

 
3,264

 
6,692

 
9,956

 
(108
)
 
2019
 
(A)
Costa Vista (4)
 
San Diego, CA
 
 

 

 

 

 
4,777

 

 
4,777

 
4,777

 

 
2019
 
 
Cobus Green Mobile Home Park
 
Osceola, IN
 
 A
 
8,864

 
762

 
7,037

 

 
8,002

 
762

 
15,039

 
15,801

 
(9,274
)
 
1993
 
(A)
Colony in the Wood
 
Port Orange, FL
 
 

 
5,650

 
26,828

 
29

 
2,065

 
5,679

 
28,893

 
34,572

 
(1,426
)
 
2017
 
(A&C)
Comal Farms
 
New Braunfels, TX
 
 C
 

 
1,455

 
1,732

 

 
9,458

 
1,455

 
11,190

 
12,645

 
(5,422
)
 
2000
 
(A&C)
Compass RV Resort
 
St. Augustine, FL
 
 

 
4,151

 
10,480

 
2

 
406

 
4,153

 
10,886

 
15,039

 
(593
)
 
2018
 
(A)
Country Acres Mobile Village
 
Cadillac, MI
 
 A
 
4,309

 
380

 
3,495

 

 
3,652

 
380

 
7,147

 
7,527

 
(4,558
)
 
1996
 
(A)
Country Hills Village
 
Hudsonville, MI
 
 A
 
5,971

 
340

 
3,861

 

 
543

 
340

 
4,404

 
4,744

 
(1,208
)
 
2011
 
(A)
Country Lakes (4)
 
Little River, SC
 
 C
 

 
1,746

 
5,522

 

 
2

 
1,746

 
5,524

 
7,270

 
(92
)
 
2019
 
(A)
Country Meadows Mobile Village
 
Flat Rock, MI
 
 B
 
42,427

 
924

 
7,583

 
296

 
20,185

 
1,220

 
27,768

 
28,988

 
(17,041
)
 
1994
 
(A&C)
Country Meadows Village
 
Caledonia, MI
 
 C
 

 
550

 
5,555

 

 
7,440

 
550

 
12,995

 
13,545

 
(2,816
)
 
2011
 
(A&C)
Country Squire MH & RV Resort
 
Paisley, FL
 
 

 
520

 
1,719

 

 
2,113

 
520

 
3,832

 
4,352

 
(433
)
 
2016
 
(A)
Country Village Estates (4)
 
Oregon City, OR
 
 

 
22,020

 
42,615

 

 
36

 
22,020

 
42,651

 
64,671

 
(757
)
 
2019
 
(A)
Countryside Estates
 
Mckean, PA
 
 E
 
6,648

 
320

 
11,610

 

 
1,898

 
320

 
13,508

 
13,828

 
(2,524
)
 
2014
 
(A)
Countryside Village
 
Great Falls, MT
 
 

 
430

 
7,157

 

 
987

 
430

 
8,144

 
8,574

 
(1,556
)
 
2014
 
(A)
Countryside Village of Atlanta
 
Lawrenceville, GA
 
 C
 

 
1,274

 
10,957

 

 
11,931

 
1,274

 
22,888

 
24,162

 
(6,998
)
 
2004
 
(A&C)
Countryside Village of Gwinnett
 
Buford, GA
 
 A
 
9,241

 
1,124

 
9,539

 

 
1,862

 
1,124

 
11,401

 
12,525

 
(5,247
)
 
2004
 
(A)
Countryside Village of Lake Lanier
 
Buford, GA
 
 B
 
27,216

 
1,916

 
16,357

 

 
7,921

 
1,916

 
24,278

 
26,194

 
(11,963
)
 
2004
 
(A)
Craigleith RV Resort & Campground
 
Clarksburg, ON
 
 

 
420

 
705

 
(10
)
(1 
) 
671

 
410

 
1,376

 
1,786

 
(118
)
 
2016
 
(A)
Creeks Crossing (4) (5)
 
Uhland, TX
 
 

 
3,484

 
2

 

 

 
3,484

 
2

 
3,486

 

 
2019
 
(C)
Creekwood Meadows
 
Burton, MI
 
 A
 
3,124

 
808

 
2,043

 
404

 
14,561

 
1,212

 
16,604

 
17,816

 
(9,889
)
 
1997
 
(C)
Crestwood (4)
 
Concord, NH
 
 C
 

 
1,849

 
22,367

 

 
39

 
1,849

 
22,406

 
24,255

 
(373
)
 
2019
 
(A)
Crossroads (4)
 
Aiken, SC
 
 C
 

 
822

 
3,675

 

 
69

 
822

 
3,744

 
4,566

 
(210
)
 
2019
 
(A&C)
Cutler Estates Mobile Village
 
Grand Rapids, MI
 
 B
 
14,175

 
749

 
6,941

 

 
3,741

 
749

 
10,682

 
11,431

 
(6,871
)
 
1996
 
(A)
Cypress Greens
 
Lake Alfred, FL
 
 E
 
7,498

 
960

 
17,518

 

 
2,295

 
960

 
19,813

 
20,773

 
(3,021
)
 
2015
 
(A)
Daytona Beach RV Resort
 
Port Orange, FL
 
 C
 

 
2,300

 
7,158

 

 
3,930

 
2,300

 
11,088

 
13,388

 
(1,266
)
 
2016
 
(A)
Deep Run (4)
 
Cream Ridge, NJ
 
 C
 

 
2,020

 
13,053

 

 
3

 
2,020

 
13,056

 
15,076

 
(218
)
 
2019
 
(A)
Deer Lake RV Resort & Campground
 
Huntsville, ON
 
 

 
2,830

 
4,260

 
(67
)
(1 
) 
666

 
2,763

 
4,926

 
7,689

 
(590
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Deerfield Run
 
Anderson, IN
 
 

 
990

 
1,607

 

 
6,918

 
990

 
8,525

 
9,515

 
(4,422
)
 
1999
 
(A&C)
Deerwood
 
Orlando, FL
 
 D
 
38,125

 
6,920

 
37,593

 

 
5,017

 
6,920

 
42,610

 
49,530

 
(6,856
)
 
2015
 
(A)
Desert Harbor
 
Apache Junction, AZ
 
 E
 
11,222

 
3,940

 
14,891

 

 
350

 
3,940

 
15,241

 
19,181

 
(2,904
)
 
2014
 
(A)
Driftwood RV Resort & Campground
 
Clermont, NJ
 
 D
 
17,328

 
1,450

 
29,851

 

 
3,134

 
1,450

 
32,985

 
34,435

 
(6,962
)
 
2014
 
(A)
Dunedin RV Resort
 
Dunedin, FL
 
 E
 
10,051

 
4,400

 
16,923

 

 
2,782

 
4,400

 
19,705

 
24,105

 
(2,396
)
 
2016
 
(A)
Dutton Mill Village
 
Caledonia, MI
 
 A
 
9,096

 
370

 
8,997

 

 
2,035

 
370

 
11,032

 
11,402

 
(3,302
)
 
2011
 
(A)
Eagle Crest
 
Firestone, CO
 
 D
 
32,194

 
2,015

 
150

 

 
30,738

 
2,015

 
30,888

 
32,903

 
(16,620
)
 
1998
 
(C)
East Fork Crossing
 
Batavia, OH
 
 C
 

 
1,280

 
6,302

 

 
18,904

 
1,280

 
25,206

 
26,486

 
(11,822
)
 
2000
 
(A&C)
East Village Estates
 
Washington Twp, MI
 
 A
 
19,058

 
1,410

 
25,413

 

 
5,245

 
1,410

 
30,658

 
32,068

 
(8,385
)
 
2012
 
(A)
Egelcraft
 
Muskegon, MI
 
 D
 
19,195

 
690

 
22,596

 

 
2,713

 
690

 
25,309

 
25,999

 
(5,026
)
 
2014
 
(A)
Ellenton Gardens RV Resort
 
Ellenton, FL
 
 E
 
4,710

 
2,130

 
7,755

 

 
2,660

 
2,130

 
10,415

 
12,545

 
(1,268
)
 
2016
 
(A)
Emerald Coast MH & RV Resort (2)
 
Panama City Beach, FL
 
 D
 
15,250

 
10,330

 
9,070

 

 
638

 
10,330

 
9,708

 
20,038

 
(886
)
 
2017
 
(A)
Fairfield Village
 
Ocala, FL
 
 B
 
10,714

 
1,160

 
18,673

 

 
749

 
1,160

 
19,422

 
20,582

 
(3,002
)
 
2015
 
(A)
Farmwood Village (4)
 
Dover, NH
 
 C
 

 
1,232

 
12,348

 

 
7

 
1,232

 
12,355

 
13,587

 
(206
)
 
2019
 
(A)
Fiesta Village MH & RV Resort
 
Mesa, AZ
 
 

 
2,830

 
4,475

 

 
1,523

 
2,830

 
5,998

 
8,828

 
(1,128
)
 
2014
 
(A)
Fisherman’s Cove
 
Flint Twp, MI
 
 A
 
4,784

 
380

 
3,438

 

 
4,395

 
380

 
7,833

 
8,213

 
(5,276
)
 
1993
 
(A)
Forest Hill (4)
 
Southington, CT
 
 C
 

 
5,170

 
10,775

 

 
17

 
5,170

 
10,792

 
15,962

 
(180
)
 
2019
 
(A)
Forest Meadows
 
Philomath, OR
 
 A
 
2,508

 
1,031

 
2,050

 

 
754

 
1,031

 
2,804

 
3,835

 
(1,519
)
 
1999
 
(A)
Forest View
 
Homosassa, FL
 
 

 
1,330

 
22,056

 

 
1,239

 
1,330

 
23,295

 
24,625

 
(3,597
)
 
2015
 
(A)
Fort Tatham RV Resort & Campground
 
Sylva, NC
 
 

 
110

 
760

 

 
946

 
110

 
1,706

 
1,816

 
(206
)
 
2016
 
(A)
Fort Whaley RV Resort & Campground
 
Whaleyville, MD
 
 C
 

 
510

 
5,194

 

 
8,817

 
510

 
14,011

 
14,521

 
(1,479
)
 
2015
 
(A)
Four Seasons
 
Elkhart, IN
 
 A
 
3,984

 
500

 
4,811

 

 
3,479

 
500

 
8,290

 
8,790

 
(4,263
)
 
2000
 
(A)
Frenchtown Villa / Elizabeth Woods
 
Newport, MI
 
 E
 
29,333

 
1,450

 
52,327

 

 
28,838

 
1,450

 
81,165

 
82,615

 
(14,657
)
 
2014
 
(A&C)
Friendly Village of La Habra
 
La Habra, CA
 
 D
 
33,205

 
26,956

 
25,202

 

 
1,403

 
26,956

 
26,605

 
53,561

 
(3,323
)
 
2016
 
(A)
Friendly Village of Modesto
 
Modesto, CA
 
 D
 
17,244

 
6,260

 
20,885

 

 
1,630

 
6,260

 
22,515

 
28,775

 
(2,645
)
 
2016
 
(A)
Friendly Village of Simi
 
Simi Valley, CA
 
 D
 
16,928

 
14,906

 
15,986

 

 
975

 
14,906

 
16,961

 
31,867

 
(2,062
)
 
2016
 
(A)
Friendly Village of West Covina
 
West Covina, CA
 
 D
 
13,022

 
14,520

 
5,221

 

 
930

 
14,520

 
6,151

 
20,671

 
(776
)
 
2016
 
(A)
Frontier Town RV Resort & Campground
 
Berlin, MD
 
 C
 

 
18,960

 
43,166

 

 
28,633

 
18,960

 
71,799

 
90,759

 
(8,946
)
 
2015
 
(A)
Glen Ellis Family Campground (4)
 
Glen, NH
 
 D
 
3,900

 
448

 
5,798

 

 
1,511

 
448

 
7,309

 
7,757

 
(104
)
 
2019
 
(A)
Glen Haven RV Resort
 
Zephyrhills, FL
 
 E
 
5,322

 
1,980

 
8,373

 

 
1,454

 
1,980

 
9,827

 
11,807

 
(1,248
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Glen Laurel
 
Concord, NC
 
 C
 

 
1,641

 
453

 

 
12,562

 
1,641

 
13,015

 
14,656

 
(7,063
)
 
2001
 
(A&C)
Gold Coaster MH & RV Resort
 
Homestead, FL
 
 A
 
13,427

 
446

 
4,234

 
172

 
6,658

 
618

 
10,892

 
11,510

 
(5,560
)
 
1997
 
(A)
Grand Bay
 
Dunedin, FL
 
 B
 
9,580

 
3,460

 
6,314

 
(3,086
)
(3 
) 
1,466

 
374

 
7,780

 
8,154

 
(4,127
)
 
2016
 
(A)
Grand Lakes RV Resort
 
Citra, FL
 
 

 
5,280

 
4,501

 
(1,820
)
(3 
) 
4,923

 
3,460

 
9,424

 
12,884

 
(1,313
)
 
2012
 
(A)
Grand Mobile Estates
 
Grand Rapids, MI
 
 C
 

 
374

 
3,587

 
4,906

 
4,043

 
5,280

 
7,630

 
12,910

 
(2,174
)
 
1996
 
(A)
Grand Oaks RV Resort & Campground
 
Cayuga, ON
 
 

 
970

 
4,220

 
(23
)
(1 
) 
2,396

 
947

 
6,616

 
7,563

 
(618
)
 
2016
 
(A)
Grove Beach (4)
 
Westbrook, CT
 
 C
 

 
1,221

 
10,225

 

 
22

 
1,221

 
10,247

 
11,468

 
(170
)
 
2019
 
(A)
Grove Ridge RV Resort
 
Dade City, FL
 
 E
 
3,331

 
1,290

 
5,387

 

 
1,926

 
1,290

 
7,313

 
8,603

 
(894
)
 
2016
 
(A)
Groves RV Resort
 
Ft. Myers, FL
 
 A
 
6,108

 
249

 
2,396

 

 
4,215

 
249

 
6,611

 
6,860

 
(3,179
)
 
1997
 
(A)
Gulfstream Harbor
 
Orlando, FL
 
 

 
14,510

 
78,930

 

 
5,464

 
14,510

 
84,394

 
98,904

 
(13,105
)
 
2015
 
(A)
Gulliver’s Lake RV Resort & Campground
 
Millgrove, ON
 
 

 
2,950

 
2,950

 
(70
)
(1 
) 
1,044

 
2,880

 
3,994

 
6,874

 
(432
)
 
2016
 
(A)
Gwynn’s Island RV Resort & Campground
 
Gwynn, VA
 
 C
 

 
760

 
595

 

 
1,778

 
760

 
2,373

 
3,133

 
(690
)
 
2013
 
(A)
Hacienda Del Rio (4)
 
Edgewater, FL
 
 

 
33,309

 
80,310

 

 
437

 
33,309

 
80,747

 
114,056

 
(1,411
)
 
2019
 
(A)
Hamlin
 
Webberville, MI
 
 B
 
10,720

 
125

 
1,675

 
536

 
12,949

 
661

 
14,624

 
15,285

 
(7,220
)
 
1984
 
(A&C)
Hannah Village (4)
 
Lebanon, NH
 
 C
 

 
365

 
4,705

 

 

 
365

 
4,705

 
5,070

 
(78
)
 
2019
 
(A)
Hemlocks (4)
 
Tilton, NH
 
 C
 

 
1,016

 
7,151

 

 
4

 
1,016

 
7,155

 
8,171

 
(119
)
 
2019
 
(A)
Heritage
 
Temecula, CA
 
 D
 
13,208

 
13,200

 
7,877

 

 
1,090

 
13,200

 
8,967

 
22,167

 
(1,115
)
 
2016
 
(A)
Hickory Hills Village
 
Battle Creek, MI
 
 

 
760

 
7,697

 

 
2,441

 
760

 
10,138

 
10,898

 
(3,357
)
 
2011
 
(A)
Hid'n Pines RV Resort (4)
 
Old Orchard Beach, ME
 
0
 

 
1,956

 
10,020

 

 
215

 
1,956

 
10,235

 
12,191

 
(197
)
 
2019
 
(A)
Hidden Ridge RV Resort
 
Hopkins, MI
 
 C
 

 
440

 
893

 

 
3,788

 
440

 
4,681

 
5,121

 
(1,209
)
 
2011
 
(A)
Hidden River RV Resort
 
Riverview, FL
 
 C
 

 
3,950

 
6,376

 

 
2,988

 
3,950

 
9,364

 
13,314

 
(1,038
)
 
2016
 
(A)
Hidden Valley RV Resort & Campground
 
Normandale, ON
 
 

 
2,610

 
4,170

 
(62
)
(1 
) 
1,763

 
2,548

 
5,933

 
8,481

 
(655
)
 
2016
 
(A)
High Point Park
 
Frederica, DE
 
0
 

 
898

 
7,031

 
(42
)
(3 
) 
7,715

 
856

 
14,746

 
15,602

 
(7,216
)
 
1997
 
(A)
Hill Country Cottage and RV Resort
 
New Braunfels, TX
 
 C
 

 
3,790

 
27,200

 

 
3,239

 
3,790

 
30,439

 
34,229

 
(4,246
)
 
2016
 
(A&C)
Hillcrest (4)
 
Uncasville, CT
 
 C
 

 
10,670

 
9,607

 

 
4

 
10,670

 
9,611

 
20,281

 
(160
)
 
2019
 
(A)
Holiday West Village
 
Holland, MI
 
 B
 
14,109

 
340

 
8,067

 

 
556

 
340

 
8,623

 
8,963

 
(2,477
)
 
2011
 
(A)
Holly Forest Estates
 
Holly Hill, FL
 
 D
 
24,733

 
920

 
8,376

 

 
1,194

 
920

 
9,570

 
10,490

 
(6,623
)
 
1997
 
(A)
Holly Village / Hawaiian Gardens
 
Holly, MI
 
 B
 
19,865

 
1,514

 
13,596

 

 
7,455

 
1,514

 
21,051

 
22,565

 
(9,310
)
 
2004
 
(A)
Homosassa River RV Resort
 
Homosassa Springs, FL
 
 C
 

 
1,520

 
5,020

 

 
2,693

 
1,520

 
7,713

 
9,233

 
(882
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Horseshoe Cove RV Resort
 
Bradenton, FL
 
 E
 
19,880

 
9,466

 
32,612

 

 
3,387

 
9,466

 
35,999

 
45,465

 
(4,464
)
 
2016
 
(A)
Hunters Crossing
 
Capac, MI
 
 C
 

 
430

 
1,092

 

 
1,461

 
430

 
2,553

 
2,983

 
(612
)
 
2012
 
(A)
Hunters Glen
 
Wayland, MI
 
 C
 

 
1,102

 
11,926

 

 
16,790

 
1,102

 
28,716

 
29,818

 
(10,020
)
 
2004
 
(C)
Hyde Park (4)
 
Easton, MD
 
 C
 

 
6,585

 
18,256

 

 
5

 
6,585

 
18,261

 
24,846

 
(304
)
 
2019
 
(A)
Indian Creek Park
 
Ft. Myers Beach, FL
 
 D
 
62,296

 
3,832

 
34,660

 

 
12,720

 
3,832

 
47,380

 
51,212

 
(31,761
)
 
1996
 
(A)
Indian Creek RV & Camping Resort
 
Geneva on the Lake, OH
 
 C
 

 
420

 
20,791

 
(5
)
(5 
) 
8,738

 
415

 
29,529

 
29,944

 
(6,246
)
 
2013
 
(A&C)
Indian Wells RV Resort
 
Indio, CA
 
 D
 
11,534

 
2,880

 
19,470

 

 
4,599

 
2,880

 
24,069

 
26,949

 
(2,817
)
 
2016
 
(A)
Island Lakes
 
Merritt Island, FL
 
 D
 
11,569

 
700

 
6,431

 

 
1,020

 
700

 
7,451

 
8,151

 
(5,495
)
 
1995
 
(A)
Jellystone Park™ at Birchwood Acres MH & RV Resort
 
Greenfield Park, NY
 
 A
 
3,821

 
560

 
5,527

 

 
9,540

 
560

 
15,067

 
15,627

 
(3,513
)
 
2013
 
(A)
Jellystone Park™ at Gardiner
 
Gardiner, NY
 
 

 
873

 
28,406

 

 
3,807

 
873

 
32,213

 
33,086

 
(2,090
)
 
2018
 
(A)
Jellystone Park™ at Golden Valley
 
Bostic, NC
 
 

 
4,829

 
4,260

 
(9
)
(3 
) 
24,740

 
4,820

 
29,000

 
33,820

 
(1,107
)
 
2018
 
(A&C)
Jellystone Park™ at Guadalupe River
 
Kerrville, TX
 
 

 
2,519

 
23,939

 
(2
)
(3 
) 
2,718

 
2,517

 
26,657

 
29,174

 
(1,761
)
 
2018
 
(A)
Jellystone Park™ at Hill Country
 
Canyon Lake, TX
 
 

 
1,991

 
20,709

 

 
821

 
1,991

 
21,530

 
23,521

 
(1,287
)
 
2018
 
(A)
Jellystone Park™ at Larkspur
 
Larkspur, CO
 
 

 
1,880

 
5,521

 

 
35,067

 
1,880

 
40,588

 
42,468

 
(134
)
 
2016
 
(A)
Jellystone Park™ at Luray
 
East Luray, VA
 
 

 
3,164

 
29,588

 
(1
)
(3 
) 
1,058

 
3,163

 
30,646

 
33,809

 
(1,938
)
 
2018
 
(A)
Jellystone Park™ at Maryland
 
Williamsport, MD
 
 

 
2,096

 
23,737

 

 
1,486

 
2,096

 
25,223

 
27,319

 
(1,655
)
 
2018
 
(A)
Jellystone Park™ at Memphis
 
Horn Lake, TN
 
 A
 
2,830

 
889

 
6,846

 
3

 
132

 
892

 
6,978

 
7,870

 
(447
)
 
2018
 
(A)
Jellystone Park™ at Quarryville
 
Quarryville, PA
 
 

 
3,882

 
33,781

 

 
1,297

 
3,882

 
35,078

 
38,960

 
(2,197
)
 
2018
 
(A)
Jellystone Park™ at Tower Park
 
Lodi, CA
 
 

 
2,560

 
29,819

 
(1
)
(3 
) 
6,917

 
2,559

 
36,736

 
39,295

 
(2,139
)
 
2018
 
(A)
Jellystone Park™ of Western New York
 
North Java, NY
 
 A
 
6,537

 
870

 
8,884

 

 
6,912

 
870

 
15,796

 
16,666

 
(4,306
)
 
2013
 
(A)
Kensington Meadows
 
Lansing, MI
 
 B
 
17,725

 
250

 
2,699

 

 
8,932

 
250

 
11,631

 
11,881

 
(7,199
)
 
1995
 
(A&C)
Kimberly Estates
 
Newport, MI
 
 C
 

 
1,250

 
6,160

 

 
11,017

 
1,250

 
17,177

 
18,427

 
(2,788
)
 
2016
 
(A)
King’s Court Mobile Village
 
Traverse City, MI
 
 

 
1,473

 
13,782

 
269

 
17,941

 
1,742

 
31,723

 
33,465

 
(13,441
)
 
1996
 
(A&C)
King’s Lake
 
DeBary, FL
 
 D
 
8,899

 
280

 
2,542

 

 
2,943

 
280

 
5,485

 
5,765

 
(3,641
)
 
1994
 
(A)
Kings Manor
 
Lakeland, FL
 
 

 
2,270

 
5,578

 

 
4,985

 
2,270

 
10,563

 
12,833

 
(1,283
)
 
2016
 
(A)
King’s Pointe
 
Lake Alfred, FL
 
 B
 
7,847

 
510

 
16,763

 

 
517

 
510

 
17,280

 
17,790

 
(2,664
)
 
2015
 
(A)
Kissimmee Gardens
 
Kissimmee, FL
 
 

 
3,270

 
14,402

 

 
1,479

 
3,270

 
15,881

 
19,151

 
(1,918
)
 
2016
 
(A)
Kissimmee South MH & RV Resort
 
Davenport, FL
 
 

 
3,740

 
6,819

 

 
4,329

 
3,740

 
11,148

 
14,888

 
(1,195
)
 
2016
 
(A)
Knollwood Estates
 
Allendale, MI
 
 A
 
2,418

 
400

 
4,061

 

 
3,472

 
400

 
7,533

 
7,933

 
(4,115
)
 
2001
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
La Casa Blanca
 
Apache Junction, AZ
 
 B
 
7,758

 
4,370

 
14,142

 

 
616

 
4,370

 
14,758

 
19,128

 
(2,821
)
 
2014
 
(A)
La Costa Village
 
Port Orange, FL
 
 D
 
51,088

 
3,640

 
62,315

 

 
2,025

 
3,640

 
64,340

 
67,980

 
(9,854
)
 
2015
 
(A)
La Hacienda RV Resort
 
Austin, TX
 
 C
 

 
3,670

 
22,225

 

 
965

 
3,670

 
23,190

 
26,860

 
(4,396
)
 
2015
 
(A)
Lafayette Place
 
Warren, MI
 
 A
 
2,069

 
669

 
5,979

 

 
7,864

 
669

 
13,843

 
14,512

 
(8,178
)
 
1998
 
(A)
Lafontaine RV Resort & Campground
 
Tiny, ON
 
 

 
1,290

 
2,075

 
(31
)
(1 
) 
2,561

 
1,259

 
4,636

 
5,895

 
(386
)
 
2016
 
(A)
Lake Avenue RV Resort & Campground
 
Cherry Valley, ON
 
 

 
670

 
1,290

 
(16
)
(1 
) 
725

 
654

 
2,015

 
2,669

 
(242
)
 
2016
 
(A)
Lake in Wood RV Resort
 
Narvon, PA
 
 A
 
10,066

 
7,360

 
7,097

 

 
2,834

 
7,360

 
9,931

 
17,291

 
(2,703
)
 
2012
 
(A)
Lake Josephine RV Resort
 
Sebring, FL
 
 C
 

 
490

 
2,830

 

 
1,025

 
490

 
3,855

 
4,345

 
(310
)
 
2016
 
(A)
Lake Juliana Landings
 
Auburndale, FL
 
 A
 
7,935

 
335

 
3,048

 

 
1,880

 
335

 
4,928

 
5,263

 
(3,327
)
 
1994
 
(A)
Lake Pointe Village
 
Mulberry, FL
 
 D
 
18,211

 
480

 
29,795

 

 
516

 
480

 
30,311

 
30,791

 
(4,642
)
 
2015
 
(A)
Lake Rudolph Campground & RV Resort
 
Santa Claus, IN
 
 A
 
16,788

 
2,340

 
28,113

 

 
9,197

 
2,340

 
37,310

 
39,650

 
(9,933
)
 
2014
 
(A&C)
Lake San Marino RV Park
 
Naples, FL
 
 A
 
9,371

 
650

 
5,760

 

 
5,134

 
650

 
10,894

 
11,544

 
(6,033
)
 
1996
 
(A)
Lakefront
 
Lakeside, CA
 
 D
 
26,751

 
21,556

 
17,440

 

 
1,078

 
21,556

 
18,518

 
40,074

 
(2,273
)
 
2016
 
(A)
Lakeland RV Resort
 
Lakeland, FL
 
 C
 

 
1,730

 
5,524

 

 
2,889

 
1,730

 
8,413

 
10,143

 
(924
)
 
2016
 
(A)
Lakeshore Landings
 
Orlando, FL
 
 D
 
13,395

 
2,570

 
19,481

 

 
1,395

 
2,570

 
20,876

 
23,446

 
(3,987
)
 
2014
 
(A)
Lakeshore Villas
 
Tampa, FL
 
 

 
3,080

 
18,983

 

 
1,085

 
3,080

 
20,068

 
23,148

 
(3,065
)
 
2015
 
(A)
Lakeside (4)
 
Terryville, CT
 
 C
 

 
1,278

 
3,445

 

 
13

 
1,278

 
3,458

 
4,736

 
(57
)
 
2019
 
(A)
Lakeside Crossing
 
Conway, SC
 
 D
 
13,056

 
3,520

 
31,615

 

 
13,044

 
3,520

 
44,659

 
48,179

 
(5,531
)
 
2015
 
(A&C)
Lakeview
 
Ypsilanti, MI
 
 

 
1,156

 
10,903

 
(1
)
(3 
) 
7,594

 
1,155

 
18,497

 
19,652

 
(8,868
)
 
2004
 
(A)
Lakeview CT (4)
 
Danbury, CT
 
 C
 

 
2,545

 
8,884

 

 
34

 
2,545

 
8,918

 
11,463

 
(148
)
 
2019
 
(A)
Lamplighter
 
Port Orange, FL
 
 B
 
7,276

 
1,330

 
12,846

 

 
961

 
1,330

 
13,807

 
15,137

 
(2,098
)
 
2015
 
(A)
Laurel Heights (4)
 
Uncasville, CT
 
 C
 

 
1,678

 
693

 

 

 
1,678

 
693

 
2,371

 
(12
)
 
2019
 
(A)
Lazy J Ranch
 
Arcata, CA
 
 

 
7,100

 
6,838

 

 
134

 
7,100

 
6,972

 
14,072

 
(628
)
 
2017
 
(A)
Leaf Verde RV Resort
 
Buckeye, AZ
 
 

 
3,417

 
8,437

 
12

 
534

 
3,429

 
8,971

 
12,400

 
(475
)
 
2018
 
(A)
Leisure Point Resort (4)
 
Millsboro, DE
 
 

 
3,628

 
41,291

 

 
17

 
3,628

 
41,308

 
44,936

 
(713
)
 
2019
 
(A)
Leisure Village
 
Belmont, MI
 
 

 
360

 
8,219

 
113

 
2,138

 
473

 
10,357

 
10,830

 
(2,593
)
 
2011
 
(A)
Lemon Wood
 
Ventura, CA
 
 D
 
19,434

 
19,540

 
6,918

 

 
1,162

 
19,540

 
8,080

 
27,620

 
(990
)
 
2016
 
(A)
Liberty Farm
 
Valparaiso, IN
 
 C
 

 
66

 
1,201

 
116

 
4,168

 
182

 
5,369

 
5,551

 
(2,936
)
 
1985
 
(A&C)
Lincoln Estates
 
Holland, MI
 
 

 
455

 
4,201

 

 
2,148

 
455

 
6,349

 
6,804

 
(3,910
)
 
1996
 
(A)
Long Beach RV Resort & Campground
 
Barnegat, NJ
 
 

 
710

 
3,414

 

 
1,268

 
710

 
4,682

 
5,392

 
(548
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Majestic Oaks RV Resort
 
Zephyrhills, FL
 
 E
 
4,465

 
3,940

 
4,725

 
28

 
1,972

 
3,968

 
6,697

 
10,665

 
(867
)
 
2016
 
(A)
Maple Brook
 
Matteson, IL
 
 D
 
41,935

 
8,460

 
48,865

 

 
642

 
8,460

 
49,507

 
57,967

 
(9,375
)
 
2014
 
(A)
Maplewood Manor
 
Brunswick, ME
 
 E
 
7,884

 
1,770

 
12,982

 

 
1,798

 
1,770

 
14,780

 
16,550

 
(2,747
)
 
2014
 
(A)
Marco Naples RV Resort
 
Naples, FL
 
 

 
2,790

 
10,458

 

 
3,543

 
2,790

 
14,001

 
16,791

 
(1,601
)
 
2016
 
(A)
Marina Cove
 
Uncasville, CT
 
 C
 

 
262

 
365

 

 

 
262

 
365

 
627

 
(6
)
 
2019
 
(A)
Massey's Landing RV Resort (4)
 
Millsboro, DE
 
 

 
2,755

 
17,948

 

 
16,507

 
2,755

 
34,455

 
37,210

 
(321
)
 
2019
 
(A)
Meadow Lake Estates
 
White Lake, MI
 
 

 
1,188

 
11,498

 
127

 
7,899

 
1,315

 
19,397

 
20,712

 
(14,011
)
 
1994
 
(A)
Meadowbrook
 
Charlotte, NC
 
 C
 

 
1,310

 
6,570

 

 
14,017

 
1,310

 
20,587

 
21,897

 
(10,131
)
 
2000
 
(A&C)
Meadowbrook Estates
 
Monroe, MI
 
 A
 
13,050

 
431

 
3,320

 
379

 
15,646

 
810

 
18,966

 
19,776

 
(11,101
)
 
1986
 
(A)
Meadowbrook Village
 
Tampa, FL
 
 B
 
11,738

 
519

 
4,728

 

 
1,209

 
519

 
5,937

 
6,456

 
(4,499
)
 
1994
 
(A)
Meadowlands of Gibraltar
 
Gibraltar, MI
 
 A
 
5,087

 
640

 
7,673

 

 
4,739

 
640

 
12,412

 
13,052

 
(2,353
)
 
2015
 
(A)
Merrymeeting
 
Brunswick, ME
 
 C
 

 
250

 
1,020

 

 
1,147

 
250

 
2,167

 
2,417

 
(432
)
 
2014
 
(A)
Mi-Te-Jo Campground
 
Milton, NH
 
 

 
1,416

 
7,580

 

 
1,594

 
1,416

 
9,174

 
10,590

 
(599
)
 
2018
 
(A)
Mill Creek MH & RV Resort
 
Kissimmee, FL
 
 

 
1,400

 
4,839

 

 
3,815

 
1,400

 
8,654

 
10,054

 
(975
)
 
2016
 
(A)
Millwood (4)
 
Uncasville, CT
 
 C
 

 
2,425

 
8

 

 

 
2,425

 
8

 
2,433

 

 
2019
 
(A&C)
Moab Valley RV Resort & Campground
 
Moab, UT
 
 

 
3,693

 
8,732

 
1

 
526

 
3,694

 
9,258

 
12,952

 
(542
)
 
2018
 
(A)
Mountain View
 
Mesa, AZ
 
 B
 
10,709

 
5,490

 
12,325

 

 
451

 
5,490

 
12,776

 
18,266

 
(2,456
)
 
2014
 
(A)
Napa Valley
 
Napa, CA
 
 D
 
19,067

 
17,740

 
11,675

 

 
1,024

 
17,740

 
12,699

 
30,439

 
(1,566
)
 
2016
 
(A)
Naples RV Resort
 
Naples, FL
 
 C
 

 
3,640

 
2,020

 

 
2,223

 
3,640

 
4,243

 
7,883

 
(1,257
)
 
2011
 
(A)
New England Village (4)
 
Westbrook, CT
 
 C
 

 
4,188

 
1,444

 

 
42

 
4,188

 
1,486

 
5,674

 
(24
)
 
2019
 
(A)
New Point RV Resort
 
New Point, VA
 
 C
 

 
1,550

 
5,259

 

 
4,315

 
1,550

 
9,574

 
11,124

 
(2,602
)
 
2013
 
(A)
New Ranch
 
Clearwater, FL
 
 

 
2,270

 
2,723

 

 
1,486

 
2,270

 
4,209

 
6,479

 
(431
)
 
2016
 
(A)
North Lake Estates
 
Moore Haven, FL
 
 C
 

 
4,150

 
3,486

 

 
2,014

 
4,150

 
5,500

 
9,650

 
(1,880
)
 
2011
 
(A)
North Point Estates
 
Pueblo, CO
 
 

 
1,582

 
3,027

 
1

 
4,065

 
1,583

 
7,092

 
8,675

 
(3,778
)
 
2001
 
(C)
Northville Crossing
 
Northville, MI
 
 B
 
17,546

 
1,236

 
29,564

 

 
7,235

 
1,236

 
36,799

 
38,035

 
(11,335
)
 
2012
 
(A)
Oak Creek
 
Coarsegold, CA
 
 B
 
8,953

 
4,760

 
11,185

 

 
1,643

 
4,760

 
12,828

 
17,588

 
(2,441
)
 
2014
 
(A)
Oak Crest
 
Austin, TX
 
 B
 
21,917

 
4,311

 
12,611

 
4,365

 
15,949

 
8,676

 
28,560

 
37,236

 
(9,158
)
 
2002
 
(C)
Oak Grove (4)
 
Plainville, CT
 
 C
 

 
1,004

 
1,660

 

 
1

 
1,004

 
1,661

 
2,665

 
(28
)
 
2019
 
(A)
Oak Island Village
 
East Lansing, MI
 
 

 
320

 
6,843

 

 
3,112

 
320

 
9,955

 
10,275

 
(3,061
)
 
2011
 
(A)
Oak Ridge
 
Manteno, IL
 
 D
 
30,121

 
1,090

 
36,941

 

 
3,762

 
1,090

 
40,703

 
41,793

 
(7,846
)
 
2014
 
(A)
Oakview Estates
 
Arcadia, FL
 
 

 
850

 
3,881

 

 
1,470

 
850

 
5,351

 
6,201

 
(613
)
 
2016
 
(A)
Oakwood Village
 
Miamisburg, OH
 
 B
 
31,451

 
1,964

 
6,401

 
(1
)
(3 
) 
13,880

 
1,963

 
20,281

 
22,244

 
(12,178
)
 
1998
 
(A&C)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Ocean Breeze Jensen Beach MH & RV Resort
 
Jensen Beach, FL
 
 

 
19,026

 
13,862

 

 
27,223

 
19,026

 
41,085

 
60,111

 
(3,574
)
 
2016
 
(A&C)
Ocean Breeze MH & RV Resort (6)
 
Marathon, FL
 
 C
 

 
2,330

 
1,770

 

 
4,406

 
2,330

 
6,176

 
8,506

 
(78
)
 
2016
 
(A)
Ocean Pine (4)
 
Garden City, SC
 
 C
 

 
7,623

 
35,333

 

 
1

 
7,623

 
35,334

 
42,957

 
(735
)
 
2019
 
(A)
Ocean West
 
McKinleyville, CA
 
 B
 
4,592

 
5,040

 
4,413

 
349

 
509

 
5,389

 
4,922

 
10,311

 
(407
)
 
2017
 
(A)
Oceanside RV Resort & Campground
 
Coos Bay, OR
 
 

 
2,718

 
3,244

 
1

 
986

 
2,719

 
4,230

 
6,949

 
(243
)
 
2018
 
(A)
Orange City MH & RV Resort
 
Orange City, FL
 
 C
 

 
920

 
5,540

 

 
3,913

 
920

 
9,453

 
10,373

 
(2,356
)
 
2011
 
(A)
Orange Tree Village
 
Orange City, FL
 
 D
 
10,373

 
283

 
2,530

 
15

 
1,300

 
298

 
3,830

 
4,128

 
(2,764
)
 
1994
 
(A)
Orchard Lake
 
Milford, OH
 
 C
 

 
395

 
4,025

 
(15
)
(3 
) 
2,544

 
380

 
6,569

 
6,949

 
(3,307
)
 
1999
 
(A)
Paddock Park South
 
Ocala, FL
 
 

 
630

 
6,601

 

 
1,544

 
630

 
8,145

 
8,775

 
(936
)
 
2016
 
(A)
Palm Creek Golf & RV Resort
 
Casa Grande, AZ
 
 D
 
96,555

 
11,836

 
76,143

 

 
24,577

 
11,836

 
100,720

 
112,556

 
(27,933
)
 
2012
 
(A&C)
Palm Key Village
 
Davenport, FL
 
 D
 
15,900

 
3,840

 
15,661

 

 
811

 
3,840

 
16,472

 
20,312

 
(2,602
)
 
2015
 
(A)
Palm Village
 
Bradenton, FL
 
 

 
2,970

 
2,849

 

 
1,716

 
2,970

 
4,565

 
7,535

 
(485
)
 
2016
 
(A)
Palos Verdes Shores MH & Golf Community (2)
 
San Pedro, CA
 
 D
 
25,446

 

 
21,815

 

 
2,221

 

 
24,036

 
24,036

 
(2,818
)
 
2016
 
(A)
Pandion Ridge RV Resort (4)
 
Orange Beach, AL
 
 

 
12,719

 
7,515

 

 

 
12,719

 
7,515

 
20,234

 
(146
)
 
2019
 
(A)
Park Place
 
Sebastian, FL
 
 D
 
17,650

 
1,360

 
48,678

 
67

 
3,037

 
1,427

 
51,715

 
53,142

 
(7,747
)
 
2015
 
(A)
Park Royale
 
Pinellas Park, FL
 
 D
 
15,722

 
670

 
29,046

 

 
384

 
670

 
29,430

 
30,100

 
(4,532
)
 
2015
 
(A)
Parkside Village
 
Cheektowaga, NY
 
 

 
550

 
10,402

 

 
307

 
550

 
10,709

 
11,259

 
(2,021
)
 
2014
 
(A)
Pebble Creek
 
Greenwood, IN
 
 C
 

 
1,030

 
5,074

 

 
11,486

 
1,030

 
16,560

 
17,590

 
(7,161
)
 
2000
 
(A&C)
Pecan Branch
 
Georgetown, TX
 
 C
 

 
1,379

 

 
235

 

 
1,614

 
18,016

 
19,630

 
(2,970
)
 
1999
 
(C)
Pecan Park RV Resort
 
Jacksonville, FL
 
 

 
2,000

 
5,000

 
1,420

 
5,872

 
3,420

 
10,872

 
14,292

 
(813
)
 
2016
 
(A)
Pelican Bay
 
Micco, FL
 
 D
 
6,580

 
470

 
10,543

 

 
1,753

 
470

 
12,296

 
12,766

 
(1,896
)
 
2015
 
(A)
Pelican RV Resort & Marina
 
Marathon, FL
 
 C
 

 
4,760

 
4,742

 

 
1,658

 
4,760

 
6,400

 
11,160

 
(877
)
 
2016
 
(A)
Pembroke Downs
 
Chino, CA
 
 D
 
10,905

 
9,560

 
7,269

 

 
791

 
9,560

 
8,060

 
17,620

 
(927
)
 
2016
 
(A)
Peter’s Pond RV Resort
 
Sandwich, MA
 
 C
 

 
4,700

 
22,840

 

 
4,056

 
4,700

 
26,896

 
31,596

 
(7,513
)
 
2013
 
(A)
Petoskey KOA RV Resort
 
Petoskey, MI
 
 

 
214

 
8,676

 
652

 
929

 
866

 
9,605

 
10,471

 
(507
)
 
2018
 
(A)
Petoskey RV Resort
 
Petoskey, MI
 
 

 
230

 
3,270

 

 
4,439

 
230

 
7,709

 
7,939

 
(846
)
 
2016
 
(A)
Pheasant Ridge
 
Lancaster, PA
 
 A
 
20,833

 
2,044

 
19,279

 

 
1,083

 
2,044

 
20,362

 
22,406

 
(11,475
)
 
2002
 
(A)
Pickerel Park RV Resort & Campground
 
Napanee, ON
 
 

 
900

 
2,125

 
(21
)
(1 
) 
2,010

 
879

 
4,135

 
5,014

 
(406
)
 
2016
 
(A)
Pin Oak Parc
 
O’Fallon, MO
 
 

 
1,038

 
3,250

 
467

 
16,211

 
1,505

 
19,461

 
20,966

 
(9,676
)
 
1994
 
(A&C)
Pine Hills
 
Middlebury, IN
 
 A
 
2,616

 
72

 
544

 
60

 
3,473

 
132

 
4,017

 
4,149

 
(2,415
)
 
1980
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Pine Ridge
 
Prince George, VA
 
 B
 
11,802

 
405

 
2,397

 
1

 
22,207

 
406

 
24,604

 
25,010

 
(5,299
)
 
1986
 
(A&C)
Pine Trace
 
Houston, TX
 
 

 
2,907

 
17,169

 
(212
)
(3 
) 
15,896

 
2,695

 
33,065

 
35,760

 
(14,406
)
 
2004
 
(A&C)
Pinebrook Village
 
Kentwood, MI
 
 

 
130

 
5,692

 

 
1,443

 
130

 
7,135

 
7,265

 
(2,358
)
 
2011
 
(A)
Pismo Dunes RV Resort
 
Pismo Beach, CA
 
 D
 
19,725

 
11,070

 
10,190

 

 
1,101

 
11,070

 
11,291

 
22,361

 
(964
)
 
2017
 
(A)
Plantation Landings
 
Haines City, FL
 
 D
 
12,314

 
3,070

 
30,973

 

 
2,419

 
3,070

 
33,392

 
36,462

 
(5,048
)
 
2015
 
(A)
Pleasant Lake RV Resort
 
Bradenton, FL
 
 E
 
12,625

 
5,220

 
20,403

 

 
3,592

 
5,220

 
23,995

 
29,215

 
(2,898
)
 
2016
 
(A)
Pony Express RV Resort & Campground
 
North Salt Lake, UT
 
 

 
3,429

 
4,643

 
1

 
66

 
3,430

 
4,709

 
8,139

 
(347
)
 
2018
 
(A)
Presidential Estates Mobile Village
 
Hudsonville, MI
 
 B
 
23,007

 
680

 
6,314

 

 
5,755

 
680

 
12,069

 
12,749

 
(7,522
)
 
1996
 
(A)
Rainbow MH & RV Resort
 
Frostproof, FL
 
 A
 
4,508

 
1,890

 
5,682

 

 
4,461

 
1,890

 
10,143

 
12,033

 
(2,905
)
 
2012
 
(A)
Rainbow Village of Largo
 
Largo, FL
 
 E
 
9,070

 
4,420

 
12,529

 

 
3,431

 
4,420

 
15,960

 
20,380

 
(2,005
)
 
2016
 
(A)
Rainbow Village of Zephyrhills
 
Zephyrhills, FL
 
 D
 
9,200

 
1,800

 
9,884

 

 
2,179

 
1,800

 
12,063

 
13,863

 
(1,464
)
 
2016
 
(A)
Rancho Alipaz (2)
 
San Juan Capistrano, CA
 
 D
 
12,915

 

 
2,856

 
16,168

 
891

 
16,168

 
3,747

 
19,915

 
(443
)
 
2016
 
(A)
Rancho Caballero
 
Riverside, CA
 
 D
 
15,626

 
16,560

 
12,446

 

 
1,213

 
16,560

 
13,659

 
30,219

 
(1,588
)
 
2016
 
(A)
Rancho Mirage
 
Apache Junction, AZ
 
 B
 
12,291

 
7,510

 
22,238

 

 
947

 
7,510

 
23,185

 
30,695

 
(4,340
)
 
2014
 
(A)
Red Oaks MH & RV Resort (2)
 
Bushnell, FL
 
 

 
5,180

 
20,499

 

 
5,555

 
5,180

 
26,054

 
31,234

 
(3,140
)
 
2016
 
(A)
Regency Heights
 
Clearwater, FL
 
 D
 
27,525

 
11,330

 
15,734

 

 
2,402

 
11,330

 
18,136

 
29,466

 
(2,035
)
 
2016
 
(A)
Reserve at Fox Creek
 
Bullhead City, AZ
 
 D
 
15,848

 
1,950

 
20,074

 

 
1,386

 
1,950

 
21,460

 
23,410

 
(4,033
)
 
2014
 
(A)
Reunion Lake RV Resort (4)
 
Ponchatoula, LA
 
 

 
7,726

 
16,146

 

 
136

 
7,726

 
16,282

 
24,008

 
(302
)
 
2019
 
(A)
Richmond Place
 
Richmond, MI
 
 A
 
1,510

 
501

 
2,040

 
(31
)
(3 
) 
3,482

 
470

 
5,522

 
5,992

 
(2,743
)
 
1998
 
(A)
Riptide RV Resort & Marina
 
Key Largo, FL
 
 

 
2,440

 
991

 

 
1,748

 
2,440

 
2,739

 
5,179

 
(327
)
 
2016
 
(A)
River Haven Village
 
Grand Haven, MI
 
 

 
1,800

 
16,967

 

 
15,766

 
1,800

 
32,733

 
34,533

 
(14,666
)
 
2001
 
(A)
River Pines (4)
 
Nashua, NH
 
 C
 

 
2,739

 
37,802

 

 
6

 
2,739

 
37,808

 
40,547

 
(630
)
 
2019
 
(A)
River Plantation RV Resort (4)
 
Sevierville, TN
 
 

 
3,730

 
19,736

 

 
225

 
3,730

 
19,961

 
23,691

 
(366
)
 
2019
 
(A)
River Ranch
 
Austin, TX
 
 C
 

 
4,690

 
843

 
182

 
41,585

 
4,872

 
42,428

 
47,300

 
(12,285
)
 
2000
 
(A&C)
River Ridge Estates
 
Austin, TX
 
 A
 
8,745

 
3,201

 
15,090

 

 
8,023

 
3,201

 
23,113

 
26,314

 
(12,035
)
 
2002
 
(C)
River Run
 
Granby, CO
 
 

 
8,642

 

 
130

 

 
8,772

 
82,667

 
91,439

 
(798
)
 
2018
 
(C)
Riverside Club
 
Ruskin, FL
 
 D
 
39,768

 
1,600

 
66,207

 

 
7,688

 
1,600

 
73,895

 
75,495

 
(10,799
)
 
2015
 
(A)
Rock Crusher Canyon RV Resort
 
Crystal River, FL
 
 C
 

 
420

 
5,542

 
168

 
4,046

 
588

 
9,588

 
10,176

 
(1,394
)
 
2015
 
(A)
Rolling Hills (4)
 
Storrs, CT
 
 C
 

 
3,960

 
3,755

 

 
8

 
3,960

 
3,763

 
7,723

 
(63
)
 
2019
 
(A)
Roxbury Park
 
Goshen, IN
 
 

 
1,057

 
9,870

 
1

 
4,643

 
1,058

 
14,513

 
15,571

 
(7,647
)
 
2001
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Royal Country
 
Miami, FL
 
 E
 
58,500

 
2,290

 
20,758

 

 
2,999

 
2,290

 
23,757

 
26,047

 
(18,859
)
 
1994
 
(A)
Royal Palm Village
 
Haines City, FL
 
 E
 
11,305

 
1,730

 
27,446

 

 
3,559

 
1,730

 
31,005

 
32,735

 
(4,788
)
 
2015
 
(A)
Royal Palms MH & RV Resort (2)
 
Cathedral City, CA
 
 

 

 
21,660

 

 
2,184

 

 
23,844

 
23,844

 
(2,753
)
 
2016
 
(A)
Rudgate Clinton
 
Clinton Township, MI
 
 A
 
25,221

 
1,090

 
23,664

 

 
9,213

 
1,090

 
32,877

 
33,967

 
(9,065
)
 
2012
 
(A)
Rudgate Manor
 
Sterling Heights, MI
 
 A
 
15,091

 
1,440

 
31,110

 

 
12,629

 
1,440

 
43,739

 
45,179

 
(11,860
)
 
2012
 
(A)
Saco / Old Orchard Beach KOA
 
Saco, ME
 
 C
 

 
790

 
3,576

 

 
5,404

 
790

 
8,980

 
9,770

 
(2,010
)
 
2014
 
(A)
Saddle Oak Club
 
Ocala, FL
 
 D
 
19,894

 
730

 
6,743

 

 
1,778

 
730

 
8,521

 
9,251

 
(6,322
)
 
1995
 
(A)
Saddlebrook
 
San Marcos, TX
 
 

 
1,703

 
11,843

 

 
26,740

 
1,703

 
38,583

 
40,286

 
(12,744
)
 
2002
 
(C)
San Pedro RV Resort & Marina (6)
 
Islamorada, FL
 
 

 
3,110

 
2,416

 

 
(1,146
)
 
3,110

 
1,270

 
4,380

 
(1
)
 
2016
 
(A)
Sandy Lake MH & RV Resort
 
Carrolton, TX
 
 

 
730

 
17,837

 

 
1,605

 
730

 
19,442

 
20,172

 
(2,319
)
 
2016
 
(A)
Saralake Estates
 
Sarasota, FL
 
 

 
6,540

 
11,403

 

 
1,218

 
6,540

 
12,621

 
19,161

 
(1,519
)
 
2016
 
(A)
Savanna Club
 
Port St. Lucie, FL
 
 D
 
67,035

 
12,810

 
79,887

 

 
373

 
12,810

 
80,260

 
93,070

 
(12,418
)
 
2015
 
(A&C)
Scio Farms Estates
 
Ann Arbor, MI
 
 B
 
56,802

 
2,300

 
22,659

 
(11
)
(3 
) 
15,698

 
2,289

 
38,357

 
40,646

 
(25,128
)
 
1995
 
(A&C)
Sea Air Village
 
Rehoboth Beach, DE
 
 

 
1,207

 
10,179

 

 
2,586

 
1,207

 
12,765

 
13,972

 
(7,032
)
 
1997
 
(A)
Sea Breeze MH & RV Resort (6)
 
Islamorada, FL
 
 

 
7,390

 
4,616

 
2,312

 
(2,426
)
 
9,702

 
2,190

 
11,892

 
(3
)
 
2016
 
(A)
Seaport RV Resort
 
Old Mystic, CT
 
 C
 

 
120

 
290

 

 
2,497

 
120

 
2,787

 
2,907

 
(1,252
)
 
2013
 
(A)
Seashore Campsites & RV Resort
 
Cape May, NJ
 
 D
 
15,515

 
1,030

 
23,228

 

 
2,951

 
1,030

 
26,179

 
27,209

 
(5,486
)
 
2014
 
(A)
Serendipity
 
North Fort Myers, FL
 
 B
 
10,142

 
1,160

 
23,522

 

 
3,404

 
1,160

 
26,926

 
28,086

 
(4,289
)
 
2015
 
(A)
Settler’s Rest RV Resort
 
Zephyrhills, FL
 
 C
 

 
1,760

 
7,685

 

 
1,864

 
1,760

 
9,549

 
11,309

 
(1,141
)
 
2016
 
(A)
Shadow Wood Village
 
Hudson, FL
 
 

 
4,520

 
3,898

 
664

 
4,103

 
5,184

 
8,001

 
13,185

 
(625
)
 
2016
 
(A)
Shady Pines MH & RV Resort
 
Galloway Township, NJ
 
 

 
1,060

 
3,768

 

 
1,329

 
1,060

 
5,097

 
6,157

 
(610
)
 
2016
 
(A)
Shady Road Villas
 
Ocala, FL
 
 

 
450

 
2,819

 

 
1,887

 
450

 
4,706

 
5,156

 
(499
)
 
2016
 
(A)
Sheffield Estates
 
Auburn Hills, MI
 
 C
 

 
778

 
7,165

 

 
2,204

 
778

 
9,369

 
10,147

 
(4,474
)
 
2006
 
(A)
Shelby Forest (4)
 
Shelby Twp, MI
 
 

 
4,050

 
42,362

 

 
87

 
4,050

 
42,449

 
46,499

 
(895
)
 
2019
 
(A)
Shelby West (4)
 
Shelby Twp, MI
 
 

 
5,676

 
38,933

 

 
7

 
5,676

 
38,940

 
44,616

 
(714
)
 
2019
 
(A)
Shell Creek RV Resort & Marina
 
Punta Gorda, FL
 
 E
 
6,423

 
2,200

 
9,662

 

 
2,455

 
2,200

 
12,117

 
14,317

 
(1,366
)
 
2016
 
(A)
Sherkston Shores Beach Resort & Campground
 
Sherkston, ON
 
 

 
22,750

 
97,164

 
(110
)
(1 
) 
8,899

 
22,640

 
106,063

 
128,703

 
(12,728
)
 
2016
 
(A)
Siesta Bay RV Park
 
Ft. Myers, FL
 
 A
 
30,733

 
2,051

 
18,549

 
5

 
5,041

 
2,056

 
23,590

 
25,646

 
(16,378
)
 
1996
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Silver Birches RV Resort & Campground
 
Lambton Shores, ON
 
 

 
880

 
1,540

 
(21
)
(1 
) 
516

 
859

 
2,056

 
2,915

 
(259
)
 
2016
 
(A)
Silver Creek RV Resort
 
Mears, MI
 
 

 
605

 
7,014

 
3

 
1,062

 
608

 
8,076

 
8,684

 
(448
)
 
2018
 
(C)
Silver Springs
 
Clinton Township, MI
 
 B
 
6,938

 
861

 
16,595

 

 
3,521

 
861

 
20,116

 
20,977

 
(5,954
)
 
2012
 
(A)
Sky Harbor
 
Cheektowaga, NY
 
 A
 
13,705

 
2,318

 
24,253

 

 
6,058

 
2,318

 
30,311

 
32,629

 
(5,427
)
 
2014
 
(A)
Skyline
 
Fort Collins, CO
 
 E
 
9,882

 
2,260

 
12,120

 

 
759

 
2,260

 
12,879

 
15,139

 
(2,490
)
 
2014
 
(A)
Slickrock RV Resort & Campground (4)
 
Moab, UT
 
 

 

 

 

 
8,515

 

 
8,515

 
8,515

 

 
2019
 
(A)
Smith Creek Crossing
 
Granby, CO
 
 

 
1,395

 

 
20

 

 
1,415

 
11,986

 
13,401

 
(1
)
 
2018
 
(C)
Southern Charm MH & RV Resort
 
Zephyrhills, FL
 
 E
 
11,767

 
4,940

 
17,366

 

 
2,691

 
4,940

 
20,057

 
24,997

 
(2,482
)
 
2016
 
(A)
Southern Hills / Northridge Place
 
Stewartville, MN
 
 E
 
7,576

 
360

 
12,723

 

 
12,551

 
360

 
25,274

 
25,634

 
(4,739
)
 
2014
 
(A&C)
Southern Palms (4)
 
Ladson, SC
 
 C
 

 
2,351

 
9,441

 

 
15

 
2,351

 
9,456

 
11,807

 
(597
)
 
2019
 
(A)
Southern Pines
 
Bradenton, FL
 
 

 
1,710

 
3,337

 

 
1,323

 
1,710

 
4,660

 
6,370

 
(570
)
 
2016
 
(A)
Southfork
 
Belton, MO
 
 A
 
6,894

 
1,000

 
9,011

 

 
9,350

 
1,000

 
18,361

 
19,361

 
(9,230
)
 
1997
 
(A)
Southport Springs Golf & Country Club
 
Zephyrhills, FL
 
 D
 
34,500

 
15,060

 
17,229

 

 
3,551

 
15,060

 
20,780

 
35,840

 
(3,110
)
 
2015
 
(A&C)
Southside Landing (4)
 
Cambridge, MD
 
 C
 

 
1,004

 
2,535

 

 
6

 
1,004

 
2,541

 
3,545

 
(42
)
 
2019
 
(A)
Southwood Village
 
Grand Rapids, MI
 
 

 
300

 
11,517

 

 
1,876

 
300

 
13,393

 
13,693

 
(3,870
)
 
2011
 
(A)
Spanish Main MH & RV Resort
 
Thonotasassa, FL
 
 

 
2,390

 
8,159

 

 
4,663

 
2,390

 
12,822

 
15,212

 
(1,320
)
 
2016
 
(A)
St. Clair Place
 
St. Clair, MI
 
 A
 
1,647

 
501

 
2,029

 

 
2,376

 
501

 
4,405

 
4,906

 
(2,313
)
 
1998
 
(A)
Strafford/Lake Winnipesaukee South KOA (2) (4)
 
Strafford, NH
 
 

 

 

 
304

 
2,943

 
304

 
2,943

 
3,247

 
(52
)
 
2019
 
(A)
Stonebridge (MI)
 
Richfield Twp, MI
 
 

 
2,044

 

 
246

 

 
2,290

 
2,231

 
4,521

 
(61
)
 
1998
 
(C)
Stonebridge (TX)
 
San Antonio, TX
 
 C
 

 
2,515

 
2,096

 
(615
)
(3 
) 
6,332

 
1,900

 
8,428

 
10,328

 
(4,690
)
 
2000
 
(A&C)
Stonebrook
 
Homosassa, FL
 
 

 
650

 
14,063

 

 
1,006

 
650

 
15,069

 
15,719

 
(2,254
)
 
2015
 
(A)
Summit Ridge
 
Converse, TX
 
 C
 

 
2,615

 
2,092

 
(883
)
(3 
) 
21,067

 
1,732

 
23,159

 
24,891

 
(9,639
)
 
2000
 
(A&C)
Sun N Fun RV Resort
 
Sarasota, FL
 
 D
 
74,567

 
50,952

 
117,457

 
(138
)
(3 
) 
8,517

 
50,814

 
125,974

 
176,788

 
(16,768
)
 
2016
 
(A)
Sun Valley
 
Apache Junction, AZ
 
 D
 
12,244

 
2,750

 
18,408

 

 
1,933

 
2,750

 
20,341

 
23,091

 
(3,776
)
 
2014
 
(A)
Sun Villa Estates
 
Reno, NV
 
 B
 
24,565

 
2,385

 
11,773

 
(1,100
)
(3 
) 
2,313

 
1,285

 
14,086

 
15,371

 
(8,911
)
 
1998
 
(A)
Suncoast Gateway
 
Port Richey, FL
 
 

 
594

 
300

 

 
818

 
594

 
1,118

 
1,712

 
(335
)
 
2016
 
(A)
Sundance
 
Zephyrhills, FL
 
 B
 
12,700

 
890

 
25,306

 

 
1,080

 
890

 
26,386

 
27,276

 
(4,056
)
 
2015
 
(A)
Sunlake Estates
 
Grand Island, FL
 
 D
 
21,288

 
6,290

 
24,084

 

 
2,491

 
6,290

 
26,575

 
32,865

 
(4,032
)
 
2015
 
(A)
Sunset Beach RV Resort
 
Cape Charles, VA
 
 

 
3,800

 
24,030

 

 

 
3,800

 
24,030

 
27,830

 
(2,965
)
 
2016
 
(A)
Sunset Harbor at Cow Key Marina
 
Key West, FL
 
 

 
8,570

 
7,636

 

 
1,491

 
8,570

 
9,127

 
17,697

 
(973
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Sunset Lakes RV Resort
 
Hillsdale, IL
 
 

 
1,840

 
5,995

 

 
2,777

 
1,840

 
8,772

 
10,612

 
(799
)
 
2017
 
(A)
Sunset Ridge (MI)
 
Portland, MI
 
 

 
2,044

 

 
(9
)
(3 
) 

 
2,035

 
28,713

 
30,748

 
(9,623
)
 
1998
 
(C)
Sunset Ridge (TX)
 
Kyle, TX
 
 C
 

 
2,190

 
2,775

 

 
6,987

 
2,190

 
9,762

 
11,952

 
(4,981
)
 
2000
 
(A&C)
Swan Meadow Village
 
Dillon, CO
 
 E
 
13,566

 
2,140

 
19,734

 

 
444

 
2,140

 
20,178

 
22,318

 
(3,478
)
 
2014
 
(A)
Sweetwater RV Resort
 
Zephyrhills, FL
 
 E
 
5,505

 
1,340

 
9,113

 

 
2,090

 
1,340

 
11,203

 
12,543

 
(1,360
)
 
2016
 
(A)
Sycamore Village
 
Mason, MI
 
 

 
390

 
13,341

 

 
4,246

 
390

 
17,587

 
17,977

 
(5,569
)
 
2011
 
(A)
Tallowwood Isle
 
Coconut Creek, FL
 
 C
 

 
13,796

 
20,797

 

 
1,289

 
13,796

 
22,086

 
35,882

 
(2,568
)
 
2016
 
(A)
Tamarac Village MH & RV Resort
 
Ludington, MI
 
 D
 
19,125

 
300

 
12,028

 
85

 
3,809

 
385

 
15,837

 
16,222

 
(4,326
)
 
2011
 
(A)
Tampa East MH & RV Resort
 
Dover, FL
 
 A
 
8,400

 
734

 
6,310

 

 
7,486

 
734

 
13,796

 
14,530

 
(5,511
)
 
2005
 
(A)
The Colony (2)
 
Oxnard, CA
 
 

 

 
6,437

 

 
959

 

 
7,396

 
7,396

 
(896
)
 
2016
 
(A)
The Grove at Alta Ridge
 
Thornton, CO
 
 E
 
27,122

 
5,370

 
37,116

 

 
99

 
5,370

 
37,215

 
42,585

 
(6,978
)
 
2014
 
(A)
The Hamptons Golf & Country Club
 
Auburndale, FL
 
 D
 
69,000

 
15,890

 
67,555

 

 
3,040

 
15,890

 
70,595

 
86,485

 
(10,786
)
 
2015
 
(A)
The Hideaway
 
Key West, FL
 
 

 
2,720

 
972

 

 
938

 
2,720

 
1,910

 
4,630

 
(204
)
 
2016
 
(A)
The Hills
 
Apopka, FL
 
 

 
1,790

 
3,869

 

 
1,269

 
1,790

 
5,138

 
6,928

 
(607
)
 
2016
 
(A)
The Ridge
 
Davenport, FL
 
 D
 
37,350

 
8,350

 
35,463

 

 
3,121

 
8,350

 
38,584

 
46,934

 
(6,188
)
 
2015
 
(A)
The Sands RV & Golf Resort
 
Desert Hot Springs, CA
 
 

 
3,071

 
12,611

 
1

 
1,915

 
3,072

 
14,526

 
17,598

 
(905
)
 
2018
 
(A)
The Valley
 
Apopka, FL
 
 

 
2,530

 
5,660

 

 
1,666

 
2,530

 
7,326

 
9,856

 
(808
)
 
2016
 
 (A)
The Villas at Calla Pointe
 
Cheektowaga, NY
 
A
 
3,690

 
380

 
11,014

 

 
171

 
380

 
11,185

 
11,565

 
(2,094
)
 
2014
 
(A)
Three Gardens (4)
 
Southington, CT
 
C
 

 
2,031

 
6,686

 

 
5

 
2,031

 
6,691

 
8,722

 
(111
)
 
2019
 
(A)
Three Lakes
 
Hudson, FL
 
C
 

 
5,050

 
3,361

 

 
3,240

 
5,050

 
6,601

 
11,651

 
(2,055
)
 
2012
 
(A)
Thunderhill Estates
 
Sturgeon Bay, WI
 
E
 
5,469

 
640

 
9,008

 
439

 
2,568

 
1,079

 
11,576

 
12,655

 
(2,147
)
 
2014
 
(A)
Timber Ridge
 
Ft. Collins, CO
 
D
 
39,258

 
990

 
9,231

 

 
3,388

 
990

 
12,619

 
13,609

 
(8,288
)
 
1996
 
(A)
Timberline Estates
 
Coopersville, MI
 
B
 
18,812

 
535

 
4,867

 
1

 
4,295

 
536

 
9,162

 
9,698

 
(5,913
)
 
1994
 
(A)
Town & Country Mobile Village
 
Traverse City, MI
 
A
 
5,294

 
406

 
3,736

 

 
1,860

 
406

 
5,596

 
6,002

 
(3,412
)
 
1996
 
(A)
Town & Country Village
 
Lisbon, ME
 
E
 
2,557

 
230

 
4,539

 

 
1,260

 
230

 
5,799

 
6,029

 
(1,132
)
 
2014
 
(A)
Trailside RV Resort & Campground
 
Seguin, ON
 
 

 
3,690

 
3,650

 
(87
)
(1 
) 
853

 
3,603

 
4,503

 
8,106

 
(551
)
 
2016
 
(A)
Traveler’s World MH & RV Resort
 
San Antonio, TX
 
 

 
790

 
7,952

 

 
2,008

 
790

 
9,960

 
10,750

 
(1,280
)
 
2016
 
(A)
Treetops RV Resort
 
Arlington, TX
 
C
 

 
730

 
9,831

 

 
1,802

 
730

 
11,633

 
12,363

 
(1,413
)
 
2016
 
(A)
Vallecito
 
Newbury Park, CA
 
D
 
22,044

 
25,766

 
9,814

 

 
1,138

 
25,766

 
10,952

 
36,718

 
(1,260
)
 
2016
 
(A)
Verde Plaza
 
Tucson, AZ
 
 

 
710

 
7,069

 

 
2,971

 
710

 
10,040

 
10,750

 
(1,276
)
 
2016
 
(A)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Victor Villa
 
Victorville, CA
 
D
 
11,977

 
2,510

 
20,408

 

 
2,107

 
2,510

 
22,515

 
25,025

 
(2,701
)
 
2016
 
(A)
Vines RV Resort
 
Paso Robles, CA
 
C
 

 
890

 
7,110

 

 
2,032

 
890

 
9,142

 
10,032

 
(2,250
)
 
2013
 
(A)
Vista Del Lago
 
Scotts Valley, CA
 
D
 
18,129

 
17,830

 
9,456

 

 
1,319

 
17,830

 
10,775

 
28,605

 
(1,173
)
 
2016
 
(A)
Vista Del Lago MH & RV Resort
 
Bradenton, FL
 
E
 
4,221

 
3,630

 
5,329

 

 
2,007

 
3,630

 
7,336

 
10,966

 
(805
)
 
2016
 
(A)
Vizcaya Lakes
 
Port Charlotte, FL
 
C
 

 
670

 
4,221

 

 
579

 
670

 
4,800

 
5,470

 
(700
)
 
2015
 
(A)
Wagon Wheel RV Resort & Campground
 
Old Orchard Beach, ME
 
C
 

 
590

 
7,703

 

 
2,833

 
590

 
10,536

 
11,126

 
(3,120
)
 
2013
 
(A)
Walden Woods
 
Homosassa, FL
 
D
 
19,206

 
1,550

 
26,375

 

 
1,410

 
1,550

 
27,785

 
29,335

 
(4,243
)
 
2015
 
(A)
Warren Dunes Village
 
Bridgman, MI
 
C
 

 
310

 
3,350

 

 
11,275

 
310

 
14,625

 
14,935

 
(2,528
)
 
2011
 
(A&C)
Water Oak Country Club Estates
 
Lady Lake, FL
 
D
 
46,725

 
2,834

 
16,706

 
2,666

 
34,141

 
5,500

 
50,847

 
56,347

 
(22,950
)
 
1993
 
(A&C)
Waters Edge RV Resort
 
Zephyrhills, FL
 
E
 
3,670

 
1,180

 
5,450

 

 
2,308

 
1,180

 
7,758

 
8,938

 
(937
)
 
2016
 
(A)
Waverly Shores Village
 
Holland, MI
 
B
 
14,660

 
340

 
7,267

 
450

 
6,508

 
790

 
13,775

 
14,565

 
(2,614
)
 
2011
 
(A&C)
West Village Estates
 
Romulus, MI
 
B
 
5,582

 
884

 
19,765

 

 
4,154

 
884

 
23,919

 
24,803

 
(6,361
)
 
2012
 
(A)
Westbrook Senior Village
 
Toledo, OH
 
D
 
5,852

 
355

 
3,295

 

 
694

 
355

 
3,989

 
4,344

 
(2,271
)
 
2001
 
(A)
Westbrook Village
 
Toledo, OH
 
B
 
23,983

 
1,110

 
10,462

 

 
5,301

 
1,110

 
15,763

 
16,873

 
(9,255
)
 
1999
 
(A)
Westside Ridge
 
Auburndale, FL
 
D
 
8,564

 
760

 
10,714

 

 
851

 
760

 
11,565

 
12,325

 
(1,785
)
 
2015
 
(A)
Westward Ho RV Resort & Campground
 
Glenbeulah, WI
 
C
 

 
1,050

 
5,642

 

 
2,590

 
1,050

 
8,232

 
9,282

 
(2,208
)
 
2013
 
(A)
Westward Shores Cottages & RV Resort
 
West Ossipee, NH
 
 

 
1,901

 
15,326

 

 
3,470

 
1,901

 
18,796

 
20,697

 
(938
)
 
2018
 
(A)
White Lake Mobile Home Village
 
White Lake, MI
 
B
 
24,178

 
672

 
6,179

 
1

 
11,017

 
673

 
17,196

 
17,869

 
(10,011
)
 
1997
 
(A&C)
Whitewater RV Resort (4) (5)
 
Mountain View, AR
 
 

 
5,163

 

 
15

 
1,842

 
5,178

 
1,842

 
7,020

 

 
2019
 
(C)
Wild Acres RV Resort & Campground
 
Old Orchard Beach, ME
 
C
 

 
1,640

 
26,786

 

 
4,845

 
1,640

 
31,631

 
33,271

 
(9,439
)
 
2013
 
(A)
Wildwood Community
 
Sandwich, IL
 
D
 
24,441

 
1,890

 
37,732

 

 
1,023

 
1,890

 
38,755

 
40,645

 
(7,319
)
 
2014
 
(A)
Willow Lake RV Resort & Campground
 
Scotland, ON
 
 

 
1,260

 
2,275

 
(30
)
(1 
) 
824

 
1,230

 
3,099

 
4,329

 
(327
)
 
2016
 
(A)
Willowbrook Place
 
Toledo, OH
 
B
 
17,392

 
781

 
7,054

 
1

 
5,486

 
782

 
12,540

 
13,322

 
(7,005
)
 
1997
 
(A)
Willowood RV Resort & Campground
 
Amherstburg, ON
 
 

 
1,160

 
1,490

 
(27
)
(1 
) 
770

 
1,133

 
2,260

 
3,393

 
(278
)
 
2016
 
(A)
Windham Hills Estates
 
Jackson, MI
 
 

 
2,673

 
2,364

 

 
21,878

 
2,673

 
24,242

 
26,915

 
(11,777
)
 
1998
 
(A&C)
Windmill Village
 
Davenport, FL
 
 D
 
46,000

 
7,560

 
36,294

 

 
1,880

 
7,560

 
38,174

 
45,734

 
(5,949
)
 
2015
 
(A)
Windsor Woods Village
 
Wayland, MI
 
C
 

 
270

 
5,835

 

 
3,260

 
270

 
9,095

 
9,365

 
(3,321
)
 
2011
 
(A)
Wine Country RV Resort
 
Paso Robles, CA
 
C
 

 
1,740

 
11,510

 

 
3,881

 
1,740

 
15,391

 
17,131

 
(3,311
)
 
2014
 
(A&C)
Woodhaven Place
 
Woodhaven, MI
 
B
 
13,700

 
501

 
4,541

 

 
6,648

 
501

 
11,189

 
11,690

 
(5,611
)
 
1998
 
(A)
Woodlake Trails
 
San Antonio, TX
 
C
 

 
1,186

 
287

 
(56
)
(3 
) 
18,407

 
1,130

 
18,694

 
19,824

 
(5,782
)
 
2000
 
(A&C)
 
 
 
 
Encumbrance
 
Initial Cost to Company
 
Costs Capitalized Subsequent to Acquisition (Improvements)
 
Gross Amount Carried at December 31, 2019
 
 
 
 
 
 
Property Name
 
Location
 
Group
 
Amount
 
Land
 
Depreciable  Assets
 
Land
 
Depreciable Assets
 
Land
 
Depreciable  Assets
 
Total
 
Accumulated Depreciation
 
Date
 
Acquired (A) or Constructed (C)
Woodland Lake RV Resort & Campground
 
Bornholm, ON
 
 

 
1,650

 
2,165

 
(47
)
(1 
) 
562

 
1,603

 
2,727

 
4,330

 
(339
)
 
2016
 
(A)
Woodland Park Estates
 
Eugene, OR
 
 

 
1,592

 
14,398

 
1

 
996

 
1,593

 
15,394

 
16,987

 
(10,645
)
 
1998
 
(A)
Woodlands at Church Lake
 
Groveland, FL
 
 

 
2,480

 
9,072

 

 
2,812

 
2,480

 
11,884

 
14,364

 
(1,697
)
 
2015
 
(A)
Woodside Terrace
 
Holland, OH
 
B
 
25,076

 
1,063

 
9,625

 

 
11,438

 
1,063

 
21,063

 
22,126

 
(10,972
)
 
1997
 
(A)
Wymberly (4)
 
Martinez, GA
 
C
 

 
3,058

 
14,451

 

 
5

 
3,058

 
14,456

 
17,514

 
(241
)
 
2019
 
(A)
Yankee Village (4)
 
Old Saybrook, CT
 
C
 

 
1,552

 
364

 

 

 
1,552

 
364

 
1,916

 
(6
)
 
2019
 
(A)
 
 
 
 
 
 
$
3,188,472

 
$
1,379,317

 
$
5,238,831

 
$
34,962

 
$
1,929,108

 
$
1,414,279

 
$
7,414,464

 
$
8,828,743

 
$
(1,663,277
)
 
 
 
 
Corporate Headquarters and Other (7)
 
Southfield, MI
 
 

 

 

 

 
91,589

 

 
90,857

 
90,857

 
(23,703
)
 
 
 
 
 
 
 
 
 
 
$
3,188,472

 
$
1,379,317

 
$
5,238,831

 
$
34,962

 
$
2,020,697

 
$
1,414,279

 
$
7,505,321

 
$
8,919,600

 
$
(1,686,980
)
 
 
 
 
A These communities collateralize $398.0 million of secured debt.
B These communities collateralize $697.4 million of secured debt.
C These communities support the borrowing base for our secured line of credit, which had $180.6 million outstanding.
D These communities collateralize $1.7 billion of secured debt.
E These communities collateralize $376.5 million of secured debt.

(1) Gross amount carried at December 31, 2019, at our Canadian properties, reflects the impact of foreign currency translation.
(2) All or part of this property is subject to ground lease.
(3) Gross amount carried at December 31, 2019 has decreased at this property due to a partial disposition of land or depreciable assets, as applicable.
(4) This property was acquired during 2019.
(5) This property was not included in our community count as of December 31, 2019 as it was not fully developed.
(6) This property was impaired as a result of Hurricane Irma in September 2017.
(7) Corporate Headquarters and other fixed assets.

The change in investment property for the years ended December 31, 2019, 2018, and 2017 is as follows (in thousands):

 
Year Ended
 
December 31, 2019
 
December 31, 2018
 
December 31, 2017
Beginning balance
$
7,560,946

 
$
6,882,879

 
$
6,496,339

Community and land acquisitions, including immediate improvements
930,668

 
414,840

 
204,375

Community expansion and development
281,808

 
152,672

 
88,331

Improvements
233,984

 
205,006

 
168,315

Asset impairment

 

 
(10,511
)
Dispositions and other
(87,806
)
 
(94,451
)
 
(63,970
)
Ending balance
$
8,919,600

 
$
7,560,946

 
$
6,882,879



The change in accumulated depreciation for the years ended December 31, 2019, 2018, and 2017 is as follows (in thousands):

 
Year Ended
 
December 31, 2019
 
December 31, 2018
 
December 31, 2017
Beginning balance
$
1,442,630

 
$
1,237,525

 
$
1,026,858

Depreciation for the period
291,605

 
253,952

 
236,422

Asset impairment

 

 
(405
)
Dispositions and other
(47,255
)
 
(48,847
)
 
(25,350
)
Ending balance
$
1,686,980

 
$
1,442,630

 
$
1,237,525