XML 81 R70.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments , By Balance Sheet Grouping (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2021
Sep. 30, 2020
Mar. 31, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2019
Financial assets              
Notes and other receivables, net $ 262,333 $ 262,333     $ 221,650    
Collateralized receivables, net 295,663 295,663     305,611    
Notes Receivable, Fair Value Disclosure 61,955 61,955     52,638    
Financial liabilities              
Secured debt 3,457,734 3,457,734     3,489,983    
Unsecured Debt 853,441 853,441     1,267,093    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 119,612 119,612     92,641 $ 389,214 $ 34,830
Fair Value, Inputs, Level 1              
Financial assets              
Notes Receivable, Fair Value Disclosure 0 0     0    
Fair Value, Inputs, Level 2              
Financial assets              
Notes Receivable, Fair Value Disclosure 0 0     52,638    
Fair Value, Inputs, Level 3              
Financial assets              
Notes Receivable, Fair Value Disclosure 61,955 61,955     0    
Installment notes receivable on manufactured homes, net              
Financial assets              
Notes and other receivables, net 82,506 82,506     85,866    
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3              
Financial liabilities              
Assets, Fair Value Disclosure 82,506 82,506   $ 84,109 0    
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Transfer to Level 3              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 85,866          
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Transfer Out of Level 3              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 0          
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Net Earnings (Loss)              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 93 469          
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Purchases and Issuances              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 2,721 3,933          
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Sales and Settlements              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value (3,990) (7,804)          
Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Other Adjustments              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value (427) 42          
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3              
Financial liabilities              
Assets, Fair Value Disclosure 61,955 61,955   58,286 0    
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Transfer to Level 3              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 52,638          
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Transfer Out of Level 3              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 0          
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Net Earnings (Loss)              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 0          
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Purchases and Issuances              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 4,348 11,140          
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Sales and Settlements              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value (331) (593)          
Notes Receivable from Real Estate Developers | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Other Adjustments              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value (348) (1,230)          
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3              
Financial liabilities              
Assets, Fair Value Disclosure 18,101 18,101   $ 18,156 15,842    
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Transfer to Level 3              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 0          
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Transfer Out of Level 3              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 0          
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Net Earnings (Loss)              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 72 143          
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Purchases and Issuances              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 238 3,439          
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Sales and Settlements              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value 0 0          
Other Contingent Liabilities, Contingent Consideration | Fair Value, Recurring | Fair Value, Inputs, Level 3 | Other Adjustments              
Financial liabilities              
Servicing Asset at Fair Value, Other Changes in Fair Value (365) (1,323)          
Secured Debt [Member]              
Financial liabilities              
Secured debt 3,400,000 3,400,000          
Reported Value Measurement              
Financial liabilities              
Debt (excluding secured borrowings) 3,418,097 3,418,097     3,444,967    
Collateralized Term Loan 39,637 39,637     45,016    
Secured debt 3,457,734 3,457,734     3,489,983    
Senior Notes 591,688 591,688          
Lines of credit 261,753 261,753     1,267,093    
Unsecured Debt 853,441 853,441     1,267,093    
Other financial liabilities (contingent consideration) 18,101 18,101     15,842    
Financial Liabilities Fair Value Disclosure 4,329,276 4,329,276     4,772,918    
Reported Value Measurement | Fair Value, Recurring              
Financial liabilities              
Assets, Fair Value Disclosure 417,122 417,122     355,871    
Reported Value Measurement | Installment notes receivable on manufactured homes, net | Fair Value, Recurring              
Financial assets              
Notes and other receivables, net 82,506 82,506     85,866    
Estimate of Fair Value Measurement | Fair Value, Recurring              
Financial liabilities              
Debt (excluding secured borrowings) 3,472,066 3,472,066     3,543,885    
Collateralized Term Loan 39,637 39,637     45,016    
Secured debt 3,511,703 3,511,703     3,588,901    
Senior Notes 601,630 601,630          
Lines of credit 261,753 261,753     1,267,093    
Unsecured Debt 863,383 863,383     1,267,093    
Other financial liabilities (contingent consideration) 18,101 18,101     15,842    
Financial Liabilities Fair Value Disclosure 4,393,187 4,393,187     4,871,836    
Assets, Fair Value Disclosure 417,122 417,122     355,871    
Estimate of Fair Value Measurement | Fair Value, Recurring | Fair Value, Inputs, Level 1              
Financial liabilities              
Debt (excluding secured borrowings) 0 0     0    
Collateralized Term Loan 0 0     0    
Secured debt 0 0     0    
Senior Notes 0 0          
Lines of credit 0 0     0    
Unsecured Debt 0 0     0    
Other financial liabilities (contingent consideration) 0 0     0    
Financial Liabilities Fair Value Disclosure 0 0     0    
Assets, Fair Value Disclosure 272,661 272,661     217,367    
Estimate of Fair Value Measurement | Fair Value, Recurring | Fair Value, Inputs, Level 2              
Financial liabilities              
Debt (excluding secured borrowings) 3,418,097 3,418,097     3,444,967    
Collateralized Term Loan 39,637 39,637     45,016    
Secured debt 3,457,734 3,457,734     3,489,983    
Senior Notes 591,688 591,688          
Lines of credit 261,753 261,753     1,267,093    
Unsecured Debt 853,441 853,441     1,267,093    
Other financial liabilities (contingent consideration) 0 0     0    
Financial Liabilities Fair Value Disclosure 4,311,175 4,311,175     4,757,076    
Assets, Fair Value Disclosure 0 0     138,504    
Estimate of Fair Value Measurement | Fair Value, Recurring | Fair Value, Inputs, Level 3              
Financial liabilities              
Debt (excluding secured borrowings) 0 0     0    
Collateralized Term Loan 0 0     0    
Secured debt 0 0     0    
Senior Notes 0 0          
Lines of credit 0 0     0    
Unsecured Debt 0 0     0    
Other financial liabilities (contingent consideration) 18,101 18,101     15,842    
Financial Liabilities Fair Value Disclosure 18,101 18,101     15,842    
Assets, Fair Value Disclosure 144,461 144,461     0    
Estimate of Fair Value Measurement | Installment notes receivable on manufactured homes, net | Fair Value, Recurring              
Financial assets              
Notes and other receivables, net 82,506 82,506     85,866    
Estimate of Fair Value Measurement | Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 1              
Financial assets              
Notes and other receivables, net 0 0     0    
Estimate of Fair Value Measurement | Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 2              
Financial assets              
Notes and other receivables, net 0 0     85,866    
Estimate of Fair Value Measurement | Installment notes receivable on manufactured homes, net | Fair Value, Recurring | Fair Value, Inputs, Level 3              
Financial assets              
Notes and other receivables, net 82,506 82,506     0    
Marketable Securities [Member] | Fair Value, Recurring              
Financial assets              
Marketable securities 153,049 153,049     124,725   $ 94,727
Financial liabilities              
Investment, Fair Value Adjustment   31,130 $ 6,132        
Marketable Securities [Member] | Collateralized Receivables [Member] | Fair Value, Recurring              
Financial liabilities              
Investment, Fair Value Adjustment   138,500          
Marketable Securities [Member] | Reported Value Measurement | Fair Value, Recurring              
Financial assets              
Marketable securities 153,049 153,049     124,726    
Financial liabilities              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 119,612 119,612     92,641    
Marketable Securities [Member] | Estimate of Fair Value Measurement | Fair Value, Recurring              
Financial assets              
Marketable securities 153,049 153,049     124,726    
Financial liabilities              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 119,612 119,612     92,641    
Marketable Securities [Member] | Estimate of Fair Value Measurement | Fair Value, Recurring | Fair Value, Inputs, Level 1              
Financial assets              
Marketable securities 153,049 153,049     124,726    
Financial liabilities              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 119,612 119,612     92,641    
Marketable Securities [Member] | Estimate of Fair Value Measurement | Fair Value, Recurring | Fair Value, Inputs, Level 2              
Financial assets              
Marketable securities 0 0     0    
Financial liabilities              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0     0    
Marketable Securities [Member] | Estimate of Fair Value Measurement | Fair Value, Recurring | Fair Value, Inputs, Level 3              
Financial assets              
Marketable securities 0 0     0    
Financial liabilities              
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 0 $ 0     $ 0