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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net Cash Provided By Operating Activities $ 553.8 $ 449.9
Investing Activities    
Investment in properties 333.2 564.7
Acquisitions, net of cash acquired (50.3) (48.7)
Proceeds / (payments) from deposit on acquisition (7.2) 1.2
Proceeds from insurance 3.3 5.0
Proceeds from disposition of assets and depreciated homes, net 0.0 34.2
Proceeds related to disposition of properties 57.7 0.2
Issuance of notes and other receivables (3.8) (14.5)
Repayments of notes and other receivables 7.6 4.8
Investments in nonconsolidated affiliates (5.7) (12.1)
Distributions of capital from nonconsolidated affiliates 11.7 12.8
Net Cash Used For Investing Activities (319.9) (581.8)
Financing Activities    
Issuance and costs of common stock, OP units and preferred OP units, net (0.6) (0.2)
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock awards (8.9) (12.1)
Borrowings on lines of credit 1,578.0 990.1
Payments on lines of credit (1,963.4) (1,186.5)
Proceeds from issuance of other debt 499.8 583.0
Contributions from noncontrolling interest 0.0 1.9
Payments on other debt (28.5) (28.3)
Distributions (244.4) (234.8)
Payments for deferred financing costs, net of prepaid return (4.1) (3.7)
Net Cash Provided By / (Used For) Financing Activities (172.1) 109.4
Effect of exchange rate changes on cash, cash equivalents and restricted cash (0.3) 0.8
Net change in cash, cash equivalents and restricted cash 61.5 (21.7)
Cash, cash equivalents and restricted cash, beginning of period 42.7 90.4
Cash, Cash Equivalents and Restricted Cash, End of Period 104.2 68.7
Supplemental Information    
Cash paid for interest, net 169.7 151.6
Cash paid for interest on mandatorily redeemable debt 0.0 1.9
Cash paid for income taxes 2.6 15.0
Noncash investing and financing activities    
Reduction in secured borrowing balance 3.5 0.0
Change in distributions declared and outstanding 1.5 6.8
Conversion of common and preferred OP units 2.9 9.4
Assets held for sale, net (included within Other Assets, net and Other Liabilities) 0.0 269.8
ROU asset obtained from new operating lease liabilities 3.0 0.2
Issuance of notes and other receivables in relation to disposition of properties 0.0 111.2
Noncash investing and financing activities at the date of acquisition    
Acquisitions - Common stock and OP units issued 3.1 4.4
Series K preferred OP units    
Noncash investing and financing activities at the date of acquisition    
Common OP units issued for acquisition of noncontrolling interests $ 0.0 $ 100.6