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v2.4.1.9

Reportable Segments- Consolidated Net Income (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended |
--- | --- | ---
Mar. 31, 2015 | Mar. 31, 2014 | Dec. 31, 2014
Segment Reporting Information [Line Items] |  |  |
Operations revenues | $ 205,475els_RevenueforReportableSegment | $ 192,447els_RevenueforReportableSegment |
Operations expenses | (96,478)us-gaap_OperatingCostsAndExpenses | (91,666)us-gaap_OperatingCostsAndExpenses |
Income from segment operations | 108,997els_OperatingIncomeLossBeforeDepreciationAndOther | 100,781els_OperatingIncomeLossBeforeDepreciationAndOther |
Interest income | 1,798els_InterestIncome | 1,906els_InterestIncome |
Depreciation on real estate assets and rental homes | (28,116)els_RealEstateDepreciationExpenseAndRentalHomes | (27,642)els_RealEstateDepreciationExpenseAndRentalHomes |
Amortization of in-place leases | (665)us-gaap_AmortizationOfIntangibleAssets | (1,315)us-gaap_AmortizationOfIntangibleAssets |
Income from operations | 82,014us-gaap_OperatingIncomeLoss | 73,730us-gaap_OperatingIncomeLoss |
Reconciliation to Consolidated net income: |  |  |
Corporate interest income | 22els_CorporateInterestIncome | 791els_CorporateInterestIncome |
Income from other investments, net | 1,119us-gaap_OtherIncome | 1,601us-gaap_OtherIncome |
General and administrative | (7,406)us-gaap_GeneralAndAdministrativeExpense | (5,760)us-gaap_GeneralAndAdministrativeExpense |
Property rights initiatives | (553)els_RentControlInitiativesExpensesAndOther | (311)els_RentControlInitiativesExpensesAndOther |
Early debt retirement | (16,991)us-gaap_ExtinguishmentOfDebtAmount | 0us-gaap_ExtinguishmentOfDebtAmount |
Interest and related amortization | (27,276)us-gaap_InterestExpenseDebt | (28,048)us-gaap_InterestExpenseDebt |
Equity in income of unconsolidated joint ventures | 884us-gaap_IncomeLossFromEquityMethodInvestments | 1,887us-gaap_IncomeLossFromEquityMethodInvestments |
Consolidated net income | 31,813us-gaap_ProfitLoss | 43,890us-gaap_ProfitLoss |
Total assets | 3,468,794us-gaap_Assets | 3,410,562us-gaap_Assets | 3,446,339us-gaap_Assets
Capital improvements | 16,260us-gaap_PaymentsForCapitalImprovements | 10,000us-gaap_PaymentsForCapitalImprovements |
Property Operations |  |  |
Segment Reporting Information [Line Items] |  |  |
Operations revenues | 194,689els_RevenueforReportableSegment / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | 183,217els_RevenueforReportableSegment / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Operations expenses | (87,280)us-gaap_OperatingCostsAndExpenses / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | (83,821)us-gaap_OperatingCostsAndExpenses / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Income from segment operations | 107,409els_OperatingIncomeLossBeforeDepreciationAndOther / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | 99,396els_OperatingIncomeLossBeforeDepreciationAndOther / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Interest income | 709els_InterestIncome / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | 797els_InterestIncome / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Depreciation on real estate assets and rental homes | (25,356)els_RealEstateDepreciationExpenseAndRentalHomes / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | (24,858)els_RealEstateDepreciationExpenseAndRentalHomes / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Amortization of in-place leases | (665)us-gaap_AmortizationOfIntangibleAssets / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | (1,315)us-gaap_AmortizationOfIntangibleAssets / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Income from operations | 82,097us-gaap_OperatingIncomeLoss / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | 74,020us-gaap_OperatingIncomeLoss / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Reconciliation to Consolidated net income: |  |  |
Total assets | 3,207,091us-gaap_Assets / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | 3,118,684us-gaap_Assets / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Capital improvements | 8,887us-gaap_PaymentsForCapitalImprovements / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember | 4,994us-gaap_PaymentsForCapitalImprovements / us-gaap_StatementBusinessSegmentsAxis = els_PropertyOperationsSegmentMember |
Home Sales and Rentals Operations |  |  |
Segment Reporting Information [Line Items] |  |  |
Operations revenues | 10,786els_RevenueforReportableSegment / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | 9,230els_RevenueforReportableSegment / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Operations expenses | (9,198)us-gaap_OperatingCostsAndExpenses / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | (7,845)us-gaap_OperatingCostsAndExpenses / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Income from segment operations | 1,588els_OperatingIncomeLossBeforeDepreciationAndOther / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | 1,385els_OperatingIncomeLossBeforeDepreciationAndOther / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Interest income | 1,089els_InterestIncome / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | 1,109els_InterestIncome / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Depreciation on real estate assets and rental homes | (2,760)els_RealEstateDepreciationExpenseAndRentalHomes / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | (2,784)els_RealEstateDepreciationExpenseAndRentalHomes / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Amortization of in-place leases | 0us-gaap_AmortizationOfIntangibleAssets / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | 0us-gaap_AmortizationOfIntangibleAssets / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Income from operations | (83)us-gaap_OperatingIncomeLoss / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | (290)us-gaap_OperatingIncomeLoss / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Reconciliation to Consolidated net income: |  |  |
Total assets | 261,703us-gaap_Assets / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | 291,878us-gaap_Assets / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |
Capital improvements | $ 7,373us-gaap_PaymentsForCapitalImprovements / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember | $ 5,006us-gaap_PaymentsForCapitalImprovements / us-gaap_StatementBusinessSegmentsAxis = els_HomeSalesAndRentalsMember |

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