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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Land $ 1,418,985 $ 1,414,279
Land improvements and buildings 6,697,376 6,595,272
Rental homes and improvements 640,709 627,175
Furniture, fixtures and equipment 285,922 282,874
Investment property 9,042,992 8,919,600
Accumulated depreciation (1,754,591) (1,686,980)
Investment property, net (including $350,019 and $344,300 for consolidated VIEs at March 31, 2020 and December 31, 2019; see Note 7) 7,288,401 7,232,620
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 394,740 34,830
Marketable securities 55,602 94,727
Inventory of manufactured homes 64,436 62,061
Notes and other receivables, net 186,692 157,926
Other assets, net (including $23,751 and $23,894 for consolidated VIEs at March 31, 2020 and December 31, 2019; see Note 7) 219,176 219,896
Total Assets 8,209,047 7,802,060
LIABILITIES    
Mortgage loans payable (including $46,727 and $46,993 for consolidated VIEs at March 31, 2020 and December 31, 2019; see Note 7) 3,273,808 3,180,592
Lines of credit 582,774 183,898
Distributions payable 75,636 71,704
Customer Advances and Deposits 151,144 133,420
Accounts Payable 110,512 127,289
Other liabilities (including $19,604 and $13,631 for consolidated VIEs at March 31, 2020 and December 31, 2019; see Note 7) 82,341 81,289
Total Liabilities 4,346,127 3,848,104
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount 26,063 27,091
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value. Authorized: 180,000 shares; Issued and outstanding: 93,327 March 31, 2020 and 93,180 December 31, 2019 933 932
Additional paid-in capital 5,211,678 5,213,264
Accumulated other comprehensive loss (8,325) (1,331)
Distributions in excess of accumulated earnings (1,479,424) (1,393,141)
Total Sun Communities, Inc. stockholders' equity 3,724,862 3,819,724
Noncontrolling interests:    
Common and preferred OP units 52,234 47,686
Consolidated VIEs 9,374 8,542
Total noncontrolling interests 61,608 56,228
Total Stockholders' Equity 3,786,470 3,875,952
Total Liabilities, Temporary Equity and Stockholders' Equity 8,209,047 7,802,060
Series D Preferred OP Units    
LIABILITIES    
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount 50,387 50,913
Preferred Equity, Mandatorily Redeemable [Member]    
LIABILITIES    
Preferred OP units - mandatorily redeemable 35,249 35,249
Aspen Series B3 Preferred Operating Partnership Units [Member]    
LIABILITIES    
Mortgage loans payable (including $46,727 and $46,993 for consolidated VIEs at March 31, 2020 and December 31, 2019; see Note 7) 34,663  
Preferred OP units - mandatorily redeemable $ 34,663 $ 34,663