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Reportable Segments - Consolidated Net Income (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020
Segment Reporting Information [Line Items] |  |  |
Depreciation and amortization | $ (45,398) | $ (39,024) |
Loss on sale of real estate, net | (59) | 0 |
Reconciliation to consolidated net income: |  |  |
Income from other investments, net | 10,521 | 11,059 |
General and administrative | (10,512) | (10,855) |
Other expenses | (698) | (588) |
Interest and related amortization | (26,275) | (26,073) |
Equity in income of unconsolidated joint ventures | 868 | 207 |
Early debt retirement | (2,029) | (1,054) |
Consolidated net income | 68,987 | 70,724 |
Total assets | 4,785,715 | 4,212,464 | $ 4,418,969
Capital improvements | 56,778 | 48,959 |
Property Operations |  |  |
Reconciliation to consolidated net income: |  |  |
Income from other investments, net | 10,521 | 11,059 |
Total assets | 4,524,713 | 3,936,862 |
Capital improvements | 36,468 | 32,605 |
Home Sales and Rentals Operations |  |  |
Reconciliation to consolidated net income: |  |  |
Total assets | 261,002 | 275,602 |
Capital improvements | 20,310 | 16,354 |
Operating Segments |  |  |
Segment Reporting Information [Line Items] |  |  |
Operations revenues | 293,341 | 278,026 |
Operations expenses | (142,954) | (132,365) |
Income from segment operations | 150,387 | 145,661 |
Interest income | 1,763 | 1,802 |
Depreciation and amortization | (45,398) | (39,024) |
Loss on sale of real estate, net | (59) |  |
Income (loss) from operations | 106,693 | 108,439 |
Operating Segments | Property Operations |  |  |
Segment Reporting Information [Line Items] |  |  |
Operations revenues | 273,555 | 262,474 |
Operations expenses | (125,537) | (117,898) |
Income from segment operations | 148,018 | 144,576 |
Interest income | 1,148 | 1,075 |
Depreciation and amortization | (42,778) | (36,220) |
Loss on sale of real estate, net | (59) |  |
Income (loss) from operations | 106,329 | 109,431 |
Operating Segments | Home Sales and Rentals Operations |  |  |
Segment Reporting Information [Line Items] |  |  |
Operations revenues | 19,786 | 15,552 |
Operations expenses | (17,417) | (14,467) |
Income from segment operations | 2,369 | 1,085 |
Interest income | 615 | 727 |
Depreciation and amortization | (2,620) | (2,804) |
Loss on sale of real estate, net | 0 |  |
Income (loss) from operations | 364 | (992) |
Segment Reconciling Items |  |  |
Reconciliation to consolidated net income: |  |  |
Corporate interest income | 4 | 5 |
Income from other investments, net | 936 | 643 |
General and administrative | (10,512) | (10,855) |
Other expenses | (698) | (588) |
Interest and related amortization | (26,275) | (26,073) |
Equity in income of unconsolidated joint ventures | 868 | 207 |
Early debt retirement | $ (2,029) | $ (1,054) |

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