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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Real property $ 526.2 $ 488.1 $ 967.6 $ 875.9
Home sales 122.6 142.7 208.9 207.4
Service, retail, dining and entertainment 190.9 167.6 293.5 248.8
Interest 14.0 7.3 25.4 14.1
Brokerage commissions and other, net 9.8 8.6 19.3 16.6
Total Revenues 863.5 814.3 1,514.7 1,362.8
Expenses        
Property operating and maintenance 178.6 160.4 335.2 284.5
Real estate tax 30.0 27.7 60.1 53.8
Home costs and selling 81.2 92.9 144.4 138.8
Service, retail, dining and entertainment 171.7 142.7 271.7 218.4
General and administrative 62.3 62.2 126.2 117.9
Catastrophic event-related charges, net 0.1 0.1 0.9 0.1
Business combinations 0.2 15.0 3.0 15.5
Depreciation and amortization 164.1 150.1 319.7 298.0
Asset impairments 6.5 0.1 8.9 0.7
Loss on extinguishment of debt 0.0 0.1 0.0 0.4
Interest 79.2 55.3 155.8 100.5
Interest on mandatorily redeemable preferred OP units / equity 0.9 1.1 1.9 2.1
Total Expenses 774.6 707.7 1,427.8 1,230.7
Income Before Other Items 88.9 106.6 86.9 132.1
Gain / (loss) on remeasurement of marketable securities 5.8 (32.3) (14.1) (66.8)
Gain on foreign currency exchanges 2.7 9.0 0.0 6.8
Gain / (loss) on dispositions of properties (0.6) (0.1) (2.2) 13.3
Other income / (expense), net (0.8) 0.4 (1.8) (0.2)
Gain / (loss) on dispositions of properties (0.1) 0.0 (1.8) 0.2
Income / (loss) from nonconsolidated affiliates (0.7) 0.9 (0.9) 1.8
Gain on remeasurement of investment in nonconsolidated affiliates 0.0 0.4 (4.5) 0.5
Current tax expense (5.4) (3.9) (9.3) (5.2)
Deferred tax benefit 7.7 0.3 12.3 0.3
Net Income 97.5 81.3 64.6 82.8
Less: Preferred return to preferred OP units / equity interests 3.3 3.1 5.7 6.1
Less: Income / (loss) attributable to noncontrolling interests 4.4 4.2 (0.8) 2.0
Net Income Attributable to SUI Common Shareholders $ 89.8 $ 74.0 $ 59.7 $ 74.7
Weighted average common shares outstanding:        
Weighted average common shares outstanding - basic (in shares) 123.4 120.0 123.4 117.6
Diluted weighted average common shares outstanding - diluted (in shares) 123.4 120.0 123.4 120.4
Earnings per share:        
Basic earning per share (in dollars per share) $ 0.72 $ 0.61 $ 0.48 $ 0.63
Diluted earning per share (in dollars per share) $ 0.72 $ 0.61 $ 0.48 $ 0.63