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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Income from real property $ 925,664 $ 825,973 $ 742,228
Revenue from home sales 181,936 166,031 127,408
Rental home revenue 57,572 53,657 50,549
Ancillary revenue 66,881 54,107 37,511
Interest 17,857 20,852 21,179
Brokerage commissions and other revenues, net 14,127 6,205 3,695
Total Revenues 1,264,037 1,126,825 982,570
Expenses      
Property operating and maintenance 266,378 236,097 210,278
Real estate taxes 61,880 56,555 52,288
Cost of home sales 134,357 123,333 95,114
Rental home operating and maintenance 21,995 23,304 22,160
Ancillary expenses 47,432 38,043 27,450
Home selling expenses 14,690 15,722 12,457
General and administrative 93,964 81,429 83,973
Catastrophic weather related charges 1,737 92 8,352
Depreciation and amortization 328,067 287,262 261,536
Loss on extinguishment of debt (16,505) (1,190) (4,676)
Interest 133,153 130,556 128,471
Interest on mandatorily redeemable preferred OP units / equity 4,698 3,694 3,114
Total Expenses 1,124,856 997,277 909,869
Income Before Other Items 139,181 129,548 72,701
Gain / (loss) on remeasurement of marketable securities 34,240 (3,639) 0
Other income / (expense), net 3,457 (6,453) 8,982
Income from nonconsolidated affiliates 1,374 790 0
Current tax expense (1,095) (595) (446)
Deferred tax benefit 222 507 582
Net income 177,379 120,158 81,819
Less: Preferred return to Series A-1 preferred OP units (6,058) (4,486) (4,581)
Net Income (Loss) Attributable to Noncontrolling Interest 9,768 8,443 5,055
Net income attributable to Sun Communities, Inc. 161,553 107,229 72,183
Less: Preferred stock distributions (1,288) (1,736) (7,162)
Net income attributable to Sun Communities, Inc. common stockholders $ 160,265 $ 105,493 $ 65,021
Weighted average common shares outstanding:      
Basic (in shares) 88,460 81,387 76,084
Diluted (in shares) 88,915 82,040 76,711
Earnings (loss) per share:      
Basic (in USD per share) $ 1.80 $ 1.29 $ 0.85
Diluted (in USD per share) $ 1.80 $ 1.29 $ 0.85