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Reportable Segments - Consolidated Net Income (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2022 | Mar. 31, 2021 | Dec. 31, 2021
Segment Reporting Information |  |  |
Depreciation and amortization | $ (49,394) | $ (45,398) |
Gain on sale of real estate, net | 0 | (59) |
Reconciliation to consolidated net income: |  |  |
Income from other investments, net | 13,542 | 10,521 |
General and administrative | (12,297) | (10,512) |
Other expenses | (823) | (698) |
Interest and related amortization | (27,464) | (26,275) |
Equity in income of unconsolidated joint ventures | 171 | 868 |
Early debt retirement | (516) | (2,029) |
Consolidated net income | 87,050 | 68,987 |
Total assets | 5,264,805 | 4,785,715 | $ 5,307,871
Capital improvements | 83,647 | 56,778 |
Property Operations |  |  |
Reconciliation to consolidated net income: |  |  |
Income from other investments, net | 13,542 | 10,521 |
Total assets | 5,012,335 | 4,524,713 |
Capital improvements | 54,990 | 36,468 |
Home Sales and Rentals Operations |  |  |
Reconciliation to consolidated net income: |  |  |
Total assets | 252,470 | 261,002 |
Capital improvements | 28,657 | 20,310 |
Operating Segments |  |  |
Segment Reporting Information |  |  |
Operations revenues | 356,526 | 300,944 |
Operations expenses | (182,816) | (150,557) |
Income from segment operations | 173,710 | 150,387 |
Interest income | 1,757 | 1,763 |
Depreciation and amortization | (49,394) | (45,398) |
Gain on sale of real estate, net |  | (59) |
Income (loss) from operations | 126,073 | 106,693 |
Operating Segments | Property Operations |  |  |
Segment Reporting Information |  |  |
Operations revenues | 325,426 | 280,998 |
Operations expenses | (154,988) | (132,980) |
Income from segment operations | 170,438 | 148,018 |
Interest income | 1,377 | 1,148 |
Depreciation and amortization | (46,877) | (42,778) |
Gain on sale of real estate, net |  | (59) |
Income (loss) from operations | 124,938 | 106,329 |
Operating Segments | Home Sales and Rentals Operations |  |  |
Segment Reporting Information |  |  |
Operations revenues | 31,100 | 19,946 |
Operations expenses | (27,828) | (17,577) |
Income from segment operations | 3,272 | 2,369 |
Interest income | 380 | 615 |
Depreciation and amortization | (2,517) | (2,620) |
Gain on sale of real estate, net |  | 0 |
Income (loss) from operations | 1,135 | 364 |
Segment Reconciling Items |  |  |
Reconciliation to consolidated net income: |  |  |
Corporate interest income | 2 | 4 |
Income from other investments, net | 1,904 | 936 |
General and administrative | (12,297) | (10,512) |
Other expenses | (823) | (698) |
Interest and related amortization | (27,464) | (26,275) |
Equity in income of unconsolidated joint ventures | 171 | 868 |
Early debt retirement | $ (516) | $ (2,029) |

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