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Revenue
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue
3. Revenue

Our revenue consists of real property revenue at our MH, RV, and UK properties, revenue from home sales, ancillary revenue, interest income, and brokerage commissions and other revenue.

The following table disaggregates our revenue by major source and segment (in millions):

Three Months Ended
June 30, 2025
June 30, 2024(1)
MHRVUKConsolidatedMHRVUKConsolidated
Revenues
Real property
$250.0 $148.9 $51.3 $450.2 $239.7 $148.2 $44.7 $432.6 
Home sales
35.0 6.9 58.2 100.1 49.2 9.1 49.2 107.5 
Ancillary
1.5 24.0 16.6 42.1 1.9 24.7 14.0 40.6 
Interest
11.0 5.4 0.1 16.5 3.4 1.5 0.3 5.2 
Brokerage commissions and other, net
9.0 4.3 1.3 14.6 5.9 3.4 1.1 10.4 
Total Revenues
$306.5 $189.5 $127.5 $623.5 $300.1 $186.9 $109.3 $596.3 
(1)Recast to reflect segment changes. Refer to Note 1, "Basis of Presentation" and Note 13, "Segment Reporting," for additional information.

Six Months Ended
June 30, 2025
June 30, 2024(1)
MHRVUKConsolidatedMHRVUKConsolidated
Revenues
Real property
$499.3 $250.8 $84.5 $834.6 $477.7 $252.7 $82.7 $813.1 
Home sales
56.7 13.9 96.7 167.3 75.9 15.1 85.4 176.4 
Ancillary
4.0 29.8 20.8 54.6 4.5 31.1 18.3 53.9 
Interest
14.0 6.8 0.1 20.9 6.5 2.9 0.3 9.7 
Brokerage commissions and other, net
10.9 4.0 1.4 16.3 6.9 4.1 1.4 12.4 
Total Revenues
$584.9 $305.3 $203.5 $1,093.7 $571.5 $305.9 $188.1 $1,065.5 
(1)Recast to reflect segment changes. Refer to Note 1, "Basis of Presentation" and Note 13, "Segment Reporting," for additional information.

The majority of our revenue is derived from site and home leases that are accounted for pursuant to ASC 842, "Leases." We account for all revenue from contracts with customers following ASC 606, "Revenue from Contracts with Customers," except for those that are within the scope of other topics in the FASB ASC. For additional information, refer to Note 1, "Significant Accounting Policies" in our 2024 Annual Report.