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v3.23.4

Reportable Segments - Income from Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Revenues: |  |  |  |
Other income | $ 15,658 | $ 15,580 | $ 51,283 | $ 43,316
Total revenues | 388,813 | 380,969 | 1,128,779 | 1,106,476
Expenses: |  |  |  |
Real estate taxes | 19,017 | 17,734 | 56,165 | 56,373
Membership sales and marketing | 5,696 | 5,937 | 16,055 | 15,720
Total expenses | 307,784 | 308,178 | 894,107 | 883,469
Annual membership subscriptions |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 16,673 | 16,254 | 48,832 | 47,003
Membership upgrade sales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 3,744 | 3,308 | 10,863 | 9,543
Property management |  |  |  |
Expenses: |  |  |  |
Property management and cost of ancillary services | 19,887 | 19,003 | 58,710 | 55,973
Operating Segments |  |  |  |
Expenses: |  |  |  |
Income from segment operations | 172,123 | 163,546 | 515,648 | 491,624
Operating Segments | Property Operations |  |  |  |
Revenues: |  |  |  |
Rental income | 299,781 | 285,272 | 877,310 | 837,892
Other income | 15,658 | 15,580 | 51,283 | 43,316
Total revenues | 351,243 | 338,208 | 1,029,609 | 984,535
Expenses: |  |  |  |
Operating and maintenance | 125,081 | 121,692 | 357,660 | 337,363
Real estate taxes | 19,017 | 17,734 | 56,165 | 56,373
Membership sales and marketing | 5,696 | 5,937 | 16,055 | 15,720
Ancillary operating expenses | 5,672 | 5,644 | 16,900 | 16,671
Total expenses | 183,579 | 179,775 | 526,052 | 506,739
Income from segment operations | 167,664 | 158,433 | 503,557 | 477,796
Operating Segments | Property Operations | Annual membership subscriptions |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 16,673 | 16,254 | 48,832 | 47,003
Operating Segments | Property Operations | Membership upgrade sales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 3,744 | 3,308 | 10,863 | 9,543
Operating Segments | Property Operations | Ancillary services |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 15,387 | 17,794 | 41,321 | 46,781
Expenses: |  |  |  |
Property management and cost of ancillary services | 8,226 | 9,765 | 20,562 | 24,639
Operating Segments | Property Operations | Property management |  |  |  |
Expenses: |  |  |  |
Property management and cost of ancillary services | 19,887 | 19,003 | 58,710 | 55,973
Operating Segments | Home Sales and Rentals Operations |  |  |  |
Revenues: |  |  |  |
Rental income | 3,553 | 3,744 | 11,130 | 11,519
Total revenues | 32,961 | 38,497 | 85,650 | 109,675
Expenses: |  |  |  |
Operating and maintenance | 1,765 | 1,489 | 3,883 | 4,117
Home selling expenses | 1,492 | 1,436 | 4,358 | 4,475
Total expenses | 28,502 | 33,384 | 73,559 | 95,847
Income from segment operations | 4,459 | 5,113 | 12,091 | 13,828
Operating Segments | Home Sales and Rentals Operations | Home sales And brokered resales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 29,408 | 34,753 | 74,520 | 98,156
Expenses: |  |  |  |
Property management and cost of ancillary services | $ 25,245 | $ 30,459 | $ 65,318 | $ 87,255

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