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v3.22.2

Reportable Segments - Income from Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Revenues: |  |  |  |
Other income | $ 14,195 | $ 14,185 | $ 27,736 | $ 24,706
Total revenues | 365,305 | 330,104 | 725,507 | 633,832
Expenses: |  |  |  |
Real estate taxes | 19,182 | 17,896 | 38,639 | 35,746
Sales and marketing, gross | 6,409 | 6,298 | 11,323 | 12,474
Membership sales commissions, deferred, net | (957) | (1,438) | (1,540) | (2,937)
Total expenses | 301,968 | 267,092 | 575,291 | 502,642
Income before equity in income of unconsolidated joint ventures | 63,337 | 63,012 | 150,216 | 131,131
Annual membership subscriptions |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 15,592 | 14,267 | 30,749 | 27,921
Membership upgrade sales current period, gross |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 9,535 | 9,207 | 16,686 | 19,221
Membership upgrade sales upfront payments, deferred, net |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | (6,367) | (6,454) | (10,451) | (13,881)
Property management |  |  |  |
Expenses: |  |  |  |
Property management and cost of ancillary services | 19,099 | 16,560 | 36,970 | 31,940
Property Operations |  |  |  |
Revenues: |  |  |  |
Rental income | 271,516 | 251,420 | 552,620 | 496,149
Other income | 14,195 | 14,185 | 27,736 | 24,706
Total revenues | 320,888 | 297,847 | 646,327 | 578,927
Expenses: |  |  |  |
Operating and maintenance | 113,081 | 101,351 | 215,671 | 188,981
Real estate taxes | 19,182 | 17,896 | 38,639 | 35,746
Sales and marketing, gross | 6,409 | 6,298 | 11,323 | 12,474
Membership sales commissions, deferred, net | (957) | (1,438) | (1,540) | (2,937)
Ancillary operating expenses | 6,008 | 4,744 | 11,027 | 8,379
Total expenses | 171,960 | 153,136 | 326,964 | 286,198
Income before equity in income of unconsolidated joint ventures | 148,928 | 144,711 | 319,363 | 292,729
Property Operations | Annual membership subscriptions |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 15,592 | 14,267 | 30,749 | 27,921
Property Operations | Membership upgrade sales current period, gross |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 9,535 | 9,207 | 16,686 | 19,221
Property Operations | Membership upgrade sales upfront payments, deferred, net |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | (6,367) | (6,454) | (10,451) | (13,881)
Property Operations | Ancillary services |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 16,417 | 15,222 | 28,987 | 24,811
Expenses: |  |  |  |
Property management and cost of ancillary services | 9,138 | 7,725 | 14,874 | 11,615
Property Operations | Property management |  |  |  |
Expenses: |  |  |  |
Property management and cost of ancillary services | 19,099 | 16,560 | 36,970 | 31,940
Home Sales and Rentals Operations |  |  |  |
Revenues: |  |  |  |
Rental income | 3,814 | 4,278 | 7,775 | 8,571
Total revenues | 40,078 | 29,293 | 71,178 | 49,238
Expenses: |  |  |  |
Operating and maintenance | 1,226 | 1,312 | 2,628 | 2,555
Home selling expenses | 1,576 | 1,346 | 3,039 | 2,652
Total expenses | 34,635 | 26,726 | 62,463 | 44,302
Income before equity in income of unconsolidated joint ventures | 5,443 | 2,567 | 8,715 | 4,936
Home Sales and Rentals Operations | Home sales And brokered resales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 36,264 | 25,015 | 63,403 | 40,667
Expenses: |  |  |  |
Property management and cost of ancillary services | $ 31,833 | $ 24,068 | $ 56,796 | $ 39,095

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