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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Land $ 3,443.9 $ 3,461.5
Land improvements and buildings 9,076.8 9,058.7
Rental homes and improvements 864.9 834.1
Furniture, fixtures and equipment 779.4 739.2
Investment property 14,165.0 14,093.5
Accumulated depreciation (3,431.9) (3,228.4)
Investment property, net 10,733.1 10,865.1
Cash, cash equivalents and restricted cash 1,463.1 57.1
Inventory of manufactured homes 172.0 129.8
Notes and other receivables, net (includes $209.4 and $242.4 at fair value, respectively) 345.7 430.1
Collateralized receivables, net 46.6 51.2
Goodwill 9.5 9.5
Other intangible assets, net 101.7 102.5
Other assets, net 369.3 442.4
Assets held for sale and discontinued operations, net (see Note 2) 121.1 4,461.7
Total Assets 13,362.1 16,549.4
Liabilities    
Mortgage loans payable (see Note 10) 2,451.6 3,212.2
Secured borrowings on collateralized receivables (See Note 7) 46.6 51.2
Unsecured debt 1,785.3 4,089.4
Distributions payable 133.8 122.6
Advanced reservation deposits and rent 308.2 249.4
Accrued expenses and accounts payable 262.1 265.8
Other liabilities 545.8 819.3
Liabilities held for sale and discontinued operations, net (see Note 2) 36.6 286.9
Total Liabilities 5,570.0 9,096.8
Commitments and contingencies (see Note 18)
Temporary equity (see Note 11) 257.9 259.8
Shareholders' Equity    
Common stock, $0.01 par value. Authorized: 360.0 shares; Issued and outstanding: 125.9 at June 30, 2025 and 127.4 at December 31, 2024 1.3 1.3
Additional paid-in capital 9,744.7 9,864.2
Accumulated other comprehensive income / (loss) 44.2 (7.9)
Distributions in excess of accumulated earnings (2,380.3) (2,775.9)
Total SUI Shareholders' Equity 7,409.9 7,081.7
Noncontrolling interests    
Common and preferred OP units 123.9 110.4
Consolidated entities 0.4 0.7
Total noncontrolling interests 124.3 111.1
Total Shareholders' Equity 7,534.2 7,192.8
Total Liabilities, Temporary Equity and Shareholders' Equity $ 13,362.1 $ 16,549.4