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Real Estate Acquisitions and Dispositions (Tables) | 6 Months Ended
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Jun. 30, 2024
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition | For the six months ended June 30, 2024, we acquired the following properties:
Property Name |  | Type |  | Sites, Wet Slips and Dry Storage Spaces |  |  |  | State, Province or Country |  | Month Acquired
Port Milford |  | Marina |  | 92 |  |  |  |  | CT |  | April
Oak Leaf(1) |  | Marina |  | 89 |  |  |  |  | CT |  | April
Berth One Palm Beach(1) |  | Marina |  | 4 |  |  |  |  | FL |  | April
|  | Total |  | 185 |  |  |  |  |  |  |
(1) Combined with an existing property.
Schedule of Purchase Price Allocation | The following table summarizes the amount of assets acquired, net of liabilities assumed, at the acquisition date and the consideration paid for the acquisitions completed during the six months ended June 30, 2024 (in millions):
| At Acquisition Date |  | Consideration
| Investment in property |  | Inventory of manufactured homes, boat parts and retail related items |  | Goodwill and other intangible assets |  | Other assets, net |  | Total identifiable assets acquired net of liabilities assumed |  | Cash and escrow |  |  |  | Temporary and permanent equity(1) |  | Total consideration
Asset Acquisition |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Port Milford(2) | $ | 3.9 |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | (0.4) |  |  | $ | 3.6 |  |  | $ | 1.1 |  |  |  |  | $ | 2.5 |  |  | $ | 3.6 |
Berth One Palm Beach(3) | 2.9 |  |  | — |  |  | 0.1 |  |  | 0.2 |  |  | 3.2 |  |  | 3.2 |  |  |  |  | — |  |  | 3.2 |
Business Combination |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oak Leaf(3)(4) | 5.1 |  |  | 0.1 |  |  | — |  |  | — |  |  | 5.2 |  |  | 5.2 |  |  |  |  | — |  |  | 5.2 |
Total | $ | 11.9 |  |  | $ | 0.1 |  |  | $ | 0.2 |  |  | $ | (0.2) |  |  | $ | 12.0 |  |  | $ | 9.5 |  |  |  |  | $ | 2.5 |  |  | $ | 12.0 |
(1) Refer to Note 10, "Equity and Temporary Equity," for additional detail. (2) In conjunction with this acquisition, we issued 19,326 common OP units valued at $2.5 million. (3) Combined with an existing property. (4) The purchase price allocation is preliminary as of June 30, 2024, subject to revision based on the final purchase price allocations to be finalized one year from the acquisition date.
Summary of Real Estate Dispositions | The following real estate dispositions occurred during the six months ended June 30, 2024:
Property Name |  | Property Type |  | Number of Properties |  | Sites, Wet Slips, Dry Storage Spaces and Development Sites |  | State, Province or Country |  | Month Disposed |  | Net Cash Proceeds |  | Gain on Disposition(1)
Spanish Trails and Sundance |  | MH |  | 2 |  | 533 |  | AZ & FL |  | February |  | $ | 51.7 |  |  | $ | 6.2 |
Littondale |  | MH |  | 1 |  | 114 |  | UK |  | May |  | $ | 5.4 |  |  | $ | 2.2 |
(1) Recorded in Gain / (loss) on dispositions of properties on the Consolidated Statements of Operations.

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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