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v3.23.4

Reportable Segments - Income from Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Revenues: |  |  |  |
Other income | $ 17,911 | $ 14,195 | $ 35,625 | $ 27,736
Total revenues | 370,014 | 365,305 | 739,966 | 725,507
Expenses: |  |  |  |
Real estate taxes | 18,832 | 19,182 | 37,148 | 38,639
Membership sales and marketing | 5,521 | 5,452 | 10,359 | 9,783
Total expenses | 304,938 | 301,968 | 586,323 | 575,291
Income before equity in income of unconsolidated joint ventures | 65,076 | 63,337 | 151,011 | 150,216
Annual membership subscriptions |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 16,189 | 15,592 | 32,159 | 30,749
Membership upgrade sales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 3,614 | 3,168 | 7,119 | 6,235
Property management |  |  |  |
Expenses: |  |  |  |
Property management and cost of ancillary services | 19,359 | 19,099 | 38,823 | 36,970
Property Operations |  |  |  |
Revenues: |  |  |  |
Rental income | 284,950 | 271,516 | 577,529 | 552,620
Other income | 17,911 | 14,195 | 35,625 | 27,736
Total revenues | 336,629 | 320,888 | 678,366 | 646,327
Expenses: |  |  |  |
Operating and maintenance | 121,055 | 113,081 | 232,579 | 215,671
Real estate taxes | 18,832 | 19,182 | 37,148 | 38,639
Membership sales and marketing | 5,521 | 5,452 | 10,359 | 9,783
Ancillary operating expenses | 5,644 | 6,008 | 11,228 | 11,027
Total expenses | 177,450 | 171,960 | 342,473 | 326,964
Income before equity in income of unconsolidated joint ventures | 159,179 | 148,928 | 335,893 | 319,363
Property Operations | Annual membership subscriptions |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 16,189 | 15,592 | 32,159 | 30,749
Property Operations | Membership upgrade sales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 3,614 | 3,168 | 7,119 | 6,235
Property Operations | Ancillary services |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 13,965 | 16,417 | 25,934 | 28,987
Expenses: |  |  |  |
Property management and cost of ancillary services | 7,039 | 9,138 | 12,336 | 14,874
Property Operations | Property management |  |  |  |
Expenses: |  |  |  |
Property management and cost of ancillary services | 19,359 | 19,099 | 38,823 | 36,970
Home Sales and Rentals Operations |  |  |  |
Revenues: |  |  |  |
Rental income | 3,705 | 3,814 | 7,577 | 7,775
Total revenues | 28,653 | 40,078 | 52,689 | 71,178
Expenses: |  |  |  |
Operating and maintenance | 1,159 | 1,226 | 2,118 | 2,628
Home selling expenses | 1,526 | 1,576 | 2,866 | 3,039
Total expenses | 24,914 | 34,635 | 45,057 | 62,463
Income before equity in income of unconsolidated joint ventures | 3,739 | 5,443 | 7,632 | 8,715
Home Sales and Rentals Operations | Home sales And brokered resales |  |  |  |
Revenues: |  |  |  |
Revenue from contract with customer | 24,948 | 36,264 | 45,112 | 63,403
Expenses: |  |  |  |
Property management and cost of ancillary services | $ 22,229 | $ 31,833 | $ 40,073 | $ 56,796

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