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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Fixed lease income $ 551.4 $ 526.0 $ 1,028.3 $ 967.6
Home sales 107.5 122.6 176.4 208.9
Service, retail, dining and entertainment 188.6 191.0 306.5 293.4
Interest 5.3 14.0 9.9 25.4
Brokerage commissions and other, net 11.2 9.8 14.2 19.3
Total Revenues 864.0 863.4 1,535.3 1,514.6
Expenses        
Property operating and maintenance 188.7 179.6 348.4 336.8
Real estate tax 31.4 30.0 62.7 60.1
Home costs and selling 76.8 86.4 128.7 149.0
Service, retail, dining and entertainment 165.9 165.0 281.8 264.8
General and administrative 65.3 62.7 143.8 126.8
Catastrophic event-related charges, net 2.3 (0.1) 9.5 0.9
Business combinations 0.2 0.2 0.2 3.0
Depreciation and amortization 172.8 164.1 338.1 319.7
Asset impairments (see Note 16) 11.6 6.5 32.3 8.9
Goodwill impairment (see Note 6) 0.0 309.7 0.0 325.1
Loss on extinguishment of debt 0.0 0.0 0.6 0.0
Interest 89.8 79.2 179.5 155.8
Interest on mandatorily redeemable preferred OP units / equity 0.0 0.9 0.0 1.9
Total Expenses 804.8 1,084.2 1,525.6 1,752.8
Income / (Loss) Before Other Items 59.2 (220.8) 9.7 (238.2)
Gain / (loss) on remeasurement of marketable securities 0.0 5.8 0.0 (14.1)
Gain / (loss) on foreign currency exchanges (2.8) 2.7 (1.7) 0.0
Gain / (loss) on dispositions of properties 2.5 (0.6) 7.9 (2.2)
Other income / (expense), net (1.6) (0.8) 6.4 (1.8)
Gain / (loss) on dispositions of properties (0.4) (0.1) (1.1) (1.8)
Total Income / (Loss) from Nonconsolidated Affiliates 3.0 (0.7) 4.4 (0.9)
Gain on remeasurement of investment in nonconsolidated affiliates 0.1 0.0 5.3 (4.5)
Current tax expense (see Note 13) 5.3 5.4 7.4 9.3
Deferred tax benefit 3.7 7.7 9.4 12.3
Net Income / (Loss) 58.4 (212.2) 32.9 (260.5)
Less: Preferred stock distribution 3.2 3.2 6.4 5.6
Less: Income / (loss) attributable to noncontrolling interests 3.1 (7.8) 1.8 (13.6)
Net income / (loss) attributable to SUI common shareholders $ 52.1 $ (207.6) $ 24.7 $ (252.5)
Weighted average common shares outstanding:        
Weighted average common shares outstanding - basic (in shares) 123.7 123.4 123.7 123.4
Diluted weighted average common shares outstanding - diluted (in shares) 123.7 126.1 126.4 126.2
Earnings per share:        
Basic earning per share (in dollars per share) $ 0.42 $ (1.67) $ 0.20 $ (2.03)
Diluted earning per share (in dollars per share) $ 0.42 $ (1.68) $ 0.20 $ (2.04)