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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Information
A presentation of segment financial information is summarized as follows (in millions):

 Three Months Ended
June 30, 2023June 30, 2022
 MHRVMarinaConsolidatedMHRVMarinaConsolidated
Operating revenues$390.8 $187.8 $261.1 $839.7 $385.1 $189.5 $223.8 $798.4 
Operating expenses / Cost of sales189.8 98.7 173.0 461.5 181.9 99.6 142.2 423.7 
NOI$201.0 $89.1 $88.1 $378.2 $203.2 $89.9 $81.6 $374.7 
Adjustments to arrive at net income
Interest income14.0 7.3 
Brokerage commissions and other revenues, net9.8 8.6 
General and administrative expense(62.3)(62.2)
Catastrophic event-related charges, net0.1 (0.1)
Business combination expense, net(0.2)(15.0)
Depreciation and amortization(164.1)(150.1)
Asset impairments(6.5)(0.1)
Loss on extinguishment of debt (see Note 8)
— (0.1)
Interest expense(79.2)(55.3)
Interest on mandatorily redeemable preferred OP units / equity(0.9)(1.1)
Gain / (loss) on remeasurement of marketable securities5.8 (32.3)
Gain on foreign currency exchanges2.7 9.0 
Loss on dispositions of properties(0.6)(0.1)
Other income / (expense), net(0.8)0.4 
Loss on remeasurement of notes receivable(0.1)— 
Income / (loss) from nonconsolidated affiliates (see Note 6)
(0.7)0.9 
Gain on remeasurement of investment in nonconsolidated affiliates— 0.4 
Current tax expense(5.4)(3.9)
Deferred tax benefit7.7 0.3 
Net Income97.5 81.3 
Less: Preferred return to preferred OP units / equity interests3.3 3.1 
Less: Income attributable to noncontrolling interests4.4 4.2 
Net Income Attributable to SUI Common Shareholders$89.8 $74.0 
Six Months Ended
 June 30, 2023June 30, 2022
 MHRVMarinaConsolidatedMHRVMarinaConsolidated
Operating revenues$729.0 $299.7 $441.3 $1,470.0 $654.3 $306.1 $371.7 $1,332.1 
Operating expenses / Cost of sales351.9 165.3 294.2 811.4 289.3 166.7 239.5 695.5 
Net Operating Income / Gross Profit$377.1 $134.4 $147.1 $658.6 $365.0 $139.4 $132.2 $636.6 
Adjustments to arrive at net income
Interest income25.4 14.1 
Brokerage commissions and other revenues, net19.3 16.6 
General and administrative expense(126.2)(117.9)
Catastrophic event-related charges, net(0.9)(0.1)
Business combination expense, net(3.0)(15.5)
Depreciation and amortization(319.7)(298.0)
Asset impairments(8.9)(0.7)
Loss on extinguishment of debt (see Note 8)
— (0.4)
Interest expense(155.8)(100.5)
Interest on mandatorily redeemable preferred OP units / equity(1.9)(2.1)
Loss on remeasurement of marketable securities(14.1)(66.8)
Gain on foreign currency exchanges— 6.8 
Gain / (loss) on dispositions of properties(2.2)13.3 
Other expense, net(1.8)(0.2)
Gain / (loss) on remeasurement of notes receivable(1.8)0.2 
Income / (loss) from nonconsolidated affiliates (see Note 6)
(0.9)1.8 
Gain / (loss) on remeasurement of investment in nonconsolidated affiliates(4.5)0.5 
Current tax expense(9.3)(5.2)
Deferred tax benefit12.3 0.3 
Net Income64.6 82.8 
Less: Preferred return to preferred OP units / equity interests5.7 6.1 
Less: Income / (loss) attributable to noncontrolling interests(0.8)2.0 
Net Income Attributable to SUI Common Shareholders$59.7 $74.7 
Schedule of Segment Assets
 June 30, 2023December 31, 2022
 MHRVMarinaConsolidatedMHRVMarinaConsolidated
Identifiable Assets
Investment property, net$6,929.7 $3,864.1 $3,193.7 $13,987.5 $7,181.7 $3,744.3 $3,045.0 $13,971.0 
Cash, cash equivalents and restricted cash39.0 18.5 11.2 68.7 49.4 30.3 10.7 90.4 
Marketable securities69.7 40.7 — 110.4 82.4 44.9 — 127.3 
Inventory of manufactured homes208.0 28.6 — 236.6 189.1 13.6 — 202.7 
Notes and other receivables, net568.7 109.1 55.5 733.3 475.2 96.5 45.6 617.3 
Goodwill553.2 9.5 541.5 1,104.2 467.4 9.5 541.5 1,018.4 
Other intangible assets, net93.5 30.1 261.8 385.4 97.9 32.6 271.5 402.0 
Other assets, net643.9 50.8 240.6 935.3 356.1 63.0 236.0 655.1 
Total Assets$9,105.7 $4,151.4 $4,304.3 $17,561.4 $8,899.2 $4,034.7 $4,150.3 $17,084.2