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Reportable Segments (Tables) | 12 Months Ended
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Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Segment Financial Information | The following tables summarize our segment financial information (amounts in thousands): Year Ended December 31, 2013
| Property Operations |  | Home Sales and Rentals Operations |  | Consolidated
Operations revenues | $ | 679,319 |  |  | $ | 33,281 |  |  | $ | 712,600 |
Operations expenses | (328,795 | ) |  | (26,855 | ) |  | (355,650 | )
Income from segment operations | 350,524 |  |  | 6,426 |  |  | 356,950 |
Interest income | 3,397 |  |  | 4,373 |  |  | 7,770 |
Depreciation on real estate and rental homes | (101,374 | ) |  | (6,855 | ) |  | (108,229 | )
Amortization of in-place leases | (1,940 | ) |  | — |  |  | (1,940 | )
Income from operations | $ | 250,607 |  |  | $ | 3,944 |  |  | 254,551 |
Reconciliation to Consolidated net income |  |  |  |  |
Corporate interest income |  |  |  |  | 490 |
Other revenues |  |  |  |  | 7,515 |
General and administrative |  |  |  |  | (28,211 | )
Early debt retirement |  |  |  |  | (37,844 | )
Interest and related amortization |  |  |  |  | (118,522 | )
Rent control initiatives and other |  |  |  |  | (2,771 | )
Equity in income of unconsolidated joint ventures |  |  |  |  | 2,039 |
Gain on sale of property, net of tax |  |  |  |  | 41,525 |
Discontinued operations |  |  |  |  | 7,133 |
Consolidated net income |  |  |  |  | $ | 125,905 |
Total assets | $ | 3,096,156 |  |  | $ | 295,483 |  |  | $ | 3,391,639 |
Capital improvements | $ | 26,430 |  |  | $ | 38,284 |  |  | $ | 64,714 |
| Year Ended December 31, 2012
| Property Operations |  | Home Sales and Rentals Operations |  | Consolidated
Operations revenues | $ | 647,731 |  |  | $ | 21,045 |  |  | $ | 668,776 |
Operations expenses | (311,694 | ) |  | (16,778 | ) |  | (328,472 | )
Income from segment operations | 336,037 |  |  | 4,267 |  |  | 340,304 |
Interest income | 3,075 |  |  | 4,614 |  |  | 7,689 |
Depreciation on real estate and rental homes | (96,419 | ) |  | (5,664 | ) |  | (102,083 | )
Amortization of in-place leases | (38,694 | ) |  | (773 | ) |  | (39,467 | )
Income from operations | $ | 203,999 |  |  | $ | 2,444 |  |  | 206,443 |
Reconciliation to Consolidated net income |  |  |  |  |
Corporate interest income |  |  |  |  | 446 |
Other revenues |  |  |  |  | 6,795 |
General and administrative |  |  |  |  | (26,388 | )
Interest and related amortization |  |  |  |  | (123,992 | )
Rent control initiatives and other |  |  |  |  | (1,456 | )
Equity in income of unconsolidated joint ventures |  |  |  |  | 1,899 |
Gain on sale of property, net of tax |  |  |  |  | 4,596 |
Discontinued operations |  |  |  |  | 6,116 |
Consolidated net income |  |  |  |  | $ | 74,459 |
Assets held for use | $ | 2,984,766 |  |  | $ | 293,608 |  |  | $ | 3,278,374 |
Assets held for disposition |  |  |  |  | 119,852 |
Total assets |  |  |  |  | $ | 3,398,226 |
Capital improvements | $ | 30,863 |  |  | $ | 44,397 |  |  | $ | 75,260 |
| Year Ended December 31, 2011
| Property Operations |  | Home Sales and Rentals Operations |  | Consolidated
Operations revenues | $ | 550,529 |  |  | $ | 14,104 |  |  | $ | 564,633 |
Operations expenses | (275,584 | ) |  | (11,699 | ) |  | (287,283 | )
Income from segment operations | 274,945 |  |  | 2,405 |  |  | 277,350 |
Interest income | 3,377 |  |  | 2,264 |  |  | 5,641 |
Depreciation on real estate | (78,838 | ) |  | (4,175 | ) |  | (83,013 | )
Amortization of in-place leases | (22,683 | ) |  | (443 | ) |  | (23,126 | )
Income from operations | $ | 176,801 |  |  | $ | 51 |  |  | 176,852 |
Reconciliation to Consolidated net income |  |  |  |  |
Corporate interest income |  |  |  |  | 283 |
Other revenues |  |  |  |  | 6,452 |
General and administrative |  |  |  |  | (42,046 | )
Interest and related amortization |  |  |  |  | (99,489 | )
Rent control initiatives and other |  |  |  |  | (2,043 | )
Equity in income of unconsolidated joint ventures |  |  |  |  | 1,948 |
Discontinued operations |  |  |  |  | 547 |
Consolidated net income |  |  |  |  | $ | 42,504 |
Assets held for use | $ | 3,172,222 |  |  | $ | 201,551 |  |  | $ | 3,373,773 |
Assets held for disposition |  |  |  |  | 122,328 |
Total assets |  |  |  |  | $ | 3,496,101 |
Capital improvements | $ | 26,224 |  |  | $ | 35,808 |  |  | $ | 62,032 |
Financial Information for Operation Segments | The following table summarizes our financial information for the Property Operations segment for the years ended December 31, 2013, 2012, and 2011 (amounts in thousands):
|  | December 31, 2013 |  | December 31, 2012 |  | December 31, 2011
Revenues: |  |  |  |  |  |
Community base rental income |  | $ | 409,801 |  |  | $ | 394,606 |  |  | $ | 309,230 |
Resort base rental income |  | 147,234 |  |  | 134,327 |  |  | 130,489 |
Right-to-use annual payments |  | 47,967 |  |  | 47,662 |  |  | 49,122 |
Right-to-use contracts current period, gross |  | 13,142 |  |  | 13,433 |  |  | 17,856 |
Right-to-use contracts current period, deferred |  | (5,694 | ) |  | (6,694 | ) |  | (11,936 | )
Utility income and other |  | 63,800 |  |  | 62,470 |  |  | 53,116 |
Ancillary services revenues, net |  | 3,069 |  |  | 1,927 |  |  | 2,652 |
Total property operations revenues |  | 679,319 |  |  | 647,731 |  |  | 550,529 |
Expenses: |  |  |  |  |  |
Property operating and maintenance |  | 229,897 |  |  | 220,415 |  |  | 197,781 |
Real estate taxes |  | 48,279 |  |  | 45,590 |  |  | 36,528 |
Sales and marketing, gross |  | 12,836 |  |  | 10,845 |  |  | 11,218 |
Sales and marketing deferred commissions, net |  | (2,410 | ) |  | (3,155 | ) |  | (4,789 | )
Property management |  | 40,193 |  |  | 37,999 |  |  | 34,846 |
Total property operations expenses |  | 328,795 |  |  | 311,694 |  |  | 275,584 |
Income from property operations segment |  | $ | 350,524 |  |  | $ | 336,037 |  |  | $ | 274,945 |
The following table summarizes our financial information for the Home Sales and Rentals Operations segment, specific to continuing operations, for the years ended December 31, 2013, 2012, and 2011 (amounts in thousands):
| December 31, 2013 |  | December 31, 2012 |  | December 31, 2011
Revenues: |  |  |  |  |
Gross revenue from home sales | $ | 17,871 |  |  | $ | 8,230 |  |  | $ | 6,028 |
Brokered resale revenues, net | 1,143 |  |  | 1,166 |  |  | 831 |
Rental home income (a) | 14,267 |  |  | 11,649 |  |  | 7,245 |
Total revenues | 33,281 |  |  | 21,045 |  |  | 14,104 |
Expenses: |  |  |  |  |
Cost of home sales | 17,296 |  |  | 9,018 |  |  | 5,615 |
Home selling expenses | 2,085 |  |  | 1,391 |  |  | 1,591 |
Rental home operating and maintenance | 7,474 |  |  | 6,369 |  |  | 4,493 |
Total expenses | 26,855 |  |  | 16,778 |  |  | 11,699 |
Income from home sales and rentals operations segment | $ | 6,426 |  |  | $ | 4,267 |  |  | $ | 2,405 |
(a) | Segment information does not include Site rental income included in Community base rental income.

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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