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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net Cash Provided By Operating Activities $ 672.9 $ 689.8
Investing Activities    
Investment in properties (790.3) (656.6)
Acquisitions, net of cash acquired (51.4) (2,140.5)
Proceeds from deposit on acquisition 0.7 0.8
Proceeds from insurance 8.0 0.0
Proceeds from disposition of assets and depreciated homes, net 52.1 80.2
Proceeds related to disposition of properties 6.7 43.5
Issuance of notes and other receivables (33.4) (46.3)
Repayments of notes and other receivables 8.4 3.8
Investments in nonconsolidated affiliates (33.7) (37.9)
Distributions of capital from nonconsolidated affiliates 15.1 12.2
Net Cash Used For Investing Activities (817.8) (2,740.8)
Financing Activities    
Issuance and costs of common stock, OP units and preferred OP units, net (0.3) 1,209.8
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards (12.2) (18.4)
Borrowings on lines of credit 1,288.6 3,093.5
Payments on lines of credit (1,342.8) (2,051.7)
Proceeds from issuance of other debt 583.0 600.9
Contributions from noncontrolling interest 1.9 9.8
Payments on other debt (42.5) (390.2)
Payments on financial liability 0.0 (5.0)
Fees paid in connection with extinguishment of debt 0.0 (4.8)
Proceeds received from return of prepaid deferred financing costs 2.0 0.0
Distributions (355.2) (320.7)
Payments for deferred financing costs (6.2) (20.4)
Distributions for redemption of noncontrolling interests 0.0 (7.3)
Net Cash Provided By Financing Activities 116.3 2,095.5
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.2 (10.7)
Net change in cash, cash equivalents and restricted cash (28.4) 33.8
Cash, cash equivalents and restricted cash, beginning of period 90.4 78.2
Cash, Cash Equivalents and Restricted Cash, End of Period 62.0 112.0
Supplemental Information    
Cash paid for interest, net 240.0 151.9
Cash paid for interest on mandatorily redeemable debt 2.7 3.1
Cash paid for income taxes 17.7 4.1
Noncash investing and financing activities    
Change in distributions declared and outstanding 7.9 12.7
Conversion of common and preferred OP units 13.3 95.7
Assets held for sale, net (included within Other Assets, net and Other Liabilities) 196.0 0.0
ROU asset obtained from new operating lease liabilities 0.2 0.0
Issuance of notes and other receivables in relation to disposition of properties 111.2 0.0
Noncash investing and financing activities at the date of acquisition    
Acquisitions - Finance lease liabilities 0.0 13.3
Acquisitions - Financial liabilities 0.0 359.8
Acquisitions - Deferred tax liabilities 0.0 313.9
Common OP units    
Noncash investing and financing activities    
Common OP units issued for redemption of noncontrolling interests 0.0 1.8
Common Stock And OP Units    
Noncash investing and financing activities at the date of acquisition    
Acquisitions 4.4 37.7
Series K preferred OP units    
Noncash investing and financing activities at the date of acquisition    
Acquisitions $ 100.6 $ 0.0