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Fair Value of Financial Instruments - Schedule of Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Financial Assets            
Cash, cash equivalents and restricted cash $ 104,200   $ 42,700 $ 68,700   $ 90,400
Total Notes and Other Receivables, net 417,400   421,600      
Collateralized receivables, net 54,300   56,200      
Financial Liabilities            
Loan Amount 3,452,000   3,478,900      
Secured debt 3,506,300   3,534,700      
Secured borrowings on collateralized receivables (See Note 5) 54,300   55,800      
Senior unsecured notes 2,674,600   2,177,500      
Total unsecured debt 4,346,500   4,242,600      
Interest Rate Swap and Forward Contracts | Cash Flow Hedging | Designated as Hedging Instrument            
Financial Liabilities            
Derivative liabilities 500   7,700      
Installment notes receivable on manufactured homes, net            
Financial Assets            
Collateralized receivables, net 54,300          
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)            
Financial Assets            
Collateralized receivables, net 0   0      
Significant Other Observable Inputs (Level 2)            
Financial Assets            
Collateralized receivables, net 0   0      
Significant Other Observable Inputs (Level 2) | Interest Rate Swap and Forward Contracts | Cash Flow Hedging | Designated as Hedging Instrument            
Financial Assets            
Derivative assets 10,700   11,700      
Significant Unobservable Inputs (Level 3)            
Financial Assets            
Collateralized receivables, net 54,300   56,200      
Carrying Value            
Financial Assets            
Collateralized receivables, net     56,200      
Financial Liabilities            
Secured debt 3,506,300   3,534,700      
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net            
Financial Assets            
Total Assets Measured at Fair Value 54,500 $ 38,300 19,600 59,500 $ 62,200 65,900
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Notes Receivable from Real Estate Developers and Operators            
Financial Assets            
Total Assets Measured at Fair Value 131,300 $ 127,700 134,500 $ 462,400 $ 435,000 $ 305,200
Fair Value, Recurring | Carrying Value            
Financial Assets            
Cash, cash equivalents and restricted cash 104,200   42,700      
Derivative assets 10,700   11,700      
Total Assets Measured at Fair Value 355,000   264,700      
Financial Liabilities            
Loan Amount 3,452,000   3,478,900      
Senior unsecured notes 2,674,600   2,177,500      
Line of credit and other unsecured debt 1,671,900   2,065,100      
Total unsecured debt 4,346,500   4,242,600      
Derivative liabilities 500   7,700      
Other financial liabilities (contingent consideration) 20,200   20,200      
Total Liabilities Measured at Fair Value 7,873,500   7,805,200      
Fair Value, Recurring | Carrying Value | Installment notes receivable on manufactured homes, net            
Financial Assets            
Total Notes and Other Receivables, net 54,500   19,600      
Fair Value, Recurring | Carrying Value | Notes receivable from real estate developers and operators            
Financial Assets            
Total Notes and Other Receivables, net 131,300   134,500      
Fair Value, Recurring | Carrying Value | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)            
Financial Liabilities            
Loan Amount     0      
Fair Value, Recurring | Estimate of Fair Value Measurement            
Financial Assets            
Cash, cash equivalents and restricted cash 104,200   42,700      
Collateralized receivables, net 54,300   56,200      
Derivative assets 10,700   11,700      
Total Assets Measured at Fair Value 355,000   264,700      
Financial Liabilities            
Loan Amount 3,082,500   3,167,000      
Secured debt 3,136,800   3,222,800      
Secured borrowings on collateralized receivables (See Note 5) 54,300   55,800      
Senior unsecured notes 2,440,800   1,973,200      
Line of credit and other unsecured debt 1,671,900   2,065,100      
Total unsecured debt 4,112,700   4,038,300      
Derivative liabilities 500   7,700      
Other financial liabilities (contingent consideration) 20,200   20,200      
Total Liabilities Measured at Fair Value 7,270,200   7,289,000      
Fair Value, Recurring | Estimate of Fair Value Measurement | Installment notes receivable on manufactured homes, net            
Financial Assets            
Total Notes and Other Receivables, net 54,500   19,600      
Fair Value, Recurring | Estimate of Fair Value Measurement | Notes receivable from real estate developers and operators            
Financial Assets            
Total Notes and Other Receivables, net 131,300   134,500      
Fair Value, Recurring | Estimate of Fair Value Measurement | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)            
Financial Assets            
Cash, cash equivalents and restricted cash 104,200   42,700      
Derivative assets 0   0      
Total Assets Measured at Fair Value 104,200   42,700      
Financial Liabilities            
Loan Amount 0          
Secured debt 0          
Secured borrowings on collateralized receivables (See Note 5) 0   0      
Senior unsecured notes 0   0      
Line of credit and other unsecured debt 0   0      
Total unsecured debt 0   0      
Derivative liabilities 0   0      
Other financial liabilities (contingent consideration) 0   0      
Total Liabilities Measured at Fair Value 0   0      
Fair Value, Recurring | Estimate of Fair Value Measurement | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | Installment notes receivable on manufactured homes, net            
Financial Assets            
Total Notes and Other Receivables, net 0   0      
Fair Value, Recurring | Estimate of Fair Value Measurement | Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) | Notes receivable from real estate developers and operators            
Financial Assets            
Total Notes and Other Receivables, net 0   0      
Fair Value, Recurring | Estimate of Fair Value Measurement | Significant Other Observable Inputs (Level 2)            
Financial Assets            
Cash, cash equivalents and restricted cash 0   0      
Derivative assets 10,700   11,700      
Total Assets Measured at Fair Value 10,700   11,700      
Financial Liabilities            
Loan Amount 3,082,500   3,167,000      
Secured debt 3,082,500   3,167,000      
Secured borrowings on collateralized receivables (See Note 5) 0   0      
Senior unsecured notes 2,440,800   1,973,200      
Line of credit and other unsecured debt 1,671,900   2,065,100      
Total unsecured debt 4,112,700   4,038,300      
Derivative liabilities 500   7,700      
Other financial liabilities (contingent consideration) 0   0      
Total Liabilities Measured at Fair Value 7,195,700   7,213,000      
Fair Value, Recurring | Estimate of Fair Value Measurement | Significant Other Observable Inputs (Level 2) | Installment notes receivable on manufactured homes, net            
Financial Assets            
Total Notes and Other Receivables, net 0   0      
Fair Value, Recurring | Estimate of Fair Value Measurement | Significant Other Observable Inputs (Level 2) | Notes receivable from real estate developers and operators            
Financial Assets            
Total Notes and Other Receivables, net 0   0      
Fair Value, Recurring | Estimate of Fair Value Measurement | Significant Unobservable Inputs (Level 3)            
Financial Assets            
Cash, cash equivalents and restricted cash 0   0      
Derivative assets 0   0      
Total Assets Measured at Fair Value 240,100   210,300      
Financial Liabilities            
Loan Amount 0   0      
Secured debt 54,300   55,800      
Secured borrowings on collateralized receivables (See Note 5) 54,300   55,800      
Senior unsecured notes 0   0      
Line of credit and other unsecured debt 0   0      
Total unsecured debt 0   0      
Derivative liabilities 0   0      
Other financial liabilities (contingent consideration) 20,200   20,200      
Total Liabilities Measured at Fair Value 74,500   76,000      
Fair Value, Recurring | Estimate of Fair Value Measurement | Significant Unobservable Inputs (Level 3) | Installment notes receivable on manufactured homes, net            
Financial Assets            
Total Notes and Other Receivables, net 54,500   19,600      
Fair Value, Recurring | Estimate of Fair Value Measurement | Significant Unobservable Inputs (Level 3) | Notes receivable from real estate developers and operators            
Financial Assets            
Total Notes and Other Receivables, net $ 131,300   $ 134,500