Commitments and Contingencies (Details)
$ in Millions

3 Months Ended

Mar. 31, 2023

USD ($)

Mar. 31, 2022

USD ($)

Dec. 31, 2022

USD ($)

Sep. 28, 2022

property

development_site

Loss Contingencies [Line Items]

Number of affected properties in Florida | property

3

Number of affected sites | development_site

2,500

Insurance recoveries received

$ 4.9

$ 0.0

Business Insurance Recoveries

The table below sets forth estimated insurance recoveries (in millions):

	Three Months Ended March 31, 2023
Total estimated insurance receivable - December 31, 2022	$	54.9
Change in estimated insurance recoveries	22.1
Advances from insurer	(13.5)
Total estimated insurance receivable - March 31, 2023	$	63.5

Commitments and Contingencies

16. Commitments and Contingencies

Legal Proceedings

We are involved in various legal proceedings arising in the ordinary course of business. All such proceedings, taken together, are not expected to have a material adverse impact on our results of operations or financial condition.

Catastrophic Event-Related Charges - Hurricane Ian

In September 2022, Hurricane Ian made landfall on Florida's western coast. The storm primarily affected three properties in the Fort Myers area, comprising approximately 2,500 sites. These properties sustained significant flooding and wind damage from the hurricane. At other affected MH and RV properties, most of the damage was limited to trees, roofs, fences, skirting and carports. At affected marina properties, docks, buildings, and landscaping sustained wind and water damage.

We maintain property, casualty, flood and business interruption insurance for our community portfolio, subject to customary deductibles and limits. The table below sets forth estimated insurance recoveries (in millions):

	Three Months Ended March 31, 2023
Total estimated insurance receivable - December 31, 2022	$	54.9
Change in estimated insurance recoveries	22.1
Advances from insurer	(13.5)
Total estimated insurance receivable - March 31, 2023	$	63.5

The foregoing estimates are based on current information available, and we continue to assess these estimates. Actual charges and, insurance recoveries could vary significantly from these estimates. Any changes to these estimates will be recognized in the period(s) in which they are determined.

Changes in estimated insurance recoveries related to Hurricane Ian during the three months ended March 31, 2023 were primarily the result of incremental costs that exceeded the applicable deductible.

Expected insurance recoveries for lost earnings and redevelopment costs greater than asset impairment charges for the three Fort Myers, Florida properties were excluded from our Consolidated Statements of Operations for the three months ended March 31, 2023. We are actively working with our insurer on the related claims. The three Fort Myers, Florida RV communities will require redevelopment, followed by a tenant lease-up period. As such, we currently cannot estimate a date when operating results will be restored to pre-hurricane levels. Our business interruption insurance policy provides for up to 60 months of coverage from the date of restoration.

Hurricane Ian

Loss Contingencies [Line Items]

Estimated insurance recoveries

$ 63.5

$ 54.9

Change in Estimated Insurance Recoveries

22.1

Insurance recoveries received

$ (13.5)