Consolidated Statements of Income (Loss) (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
INCOME:
Rental and Related Income	$ 14,846,776	$ 11,642,186
Sales of Manufactured Homes	1,002,405	1,784,109
Total Income	15,849,181	13,426,295
EXPENSES:
Community Operating Expenses	8,287,609	5,947,365
Cost of Sales of Manufactured Homes	766,379	1,522,532
Selling Expenses	720,679	508,902
General and Administrative Expenses	1,519,923	1,215,236
Franchise Taxes	84,000	66,000
Acquisition Costs	285,179	591,068
Depreciation Expense	3,437,672	2,389,854
Total Expenses	15,101,441	12,240,957
OTHER INCOME (EXPENSE):
Interest Income	547,243	538,132
Dividend Income	1,059,465	850,793
Gain on Sales of Securities Transactions, net	508,403	3,310,028
Other Income	52,687	29,080
Interest Expense	(2,208,125)	(1,679,809)
Amortization of Financing Costs	(116,580)	(71,190)
Total Other Income (Expense)	(156,907)	2,977,034
Income before Loss on Sales of Investment Property and Equipment	590,833	4,162,372
Loss on Sales of Investment Property and Equipment	(22,644)	(12,861)
Net Income	568,189	4,149,511
Less: Preferred Dividend	1,889,147	1,889,147
Net Income (Loss) Attributable to Common Shareholders	$ (1,320,958)	$ 2,260,364
Basic Income Per Share:
Net Income	$ 0.03	$ 0.24
Less: Preferred Dividend	$ 0.09	$ 0.11
Net Income (Loss) Attributable to Common Shareholders	$ (0.06)	$ 0.13
Diluted Income Per Share:
Net Income	$ 0.03	$ 0.24
Less: Preferred Dividend	$ 0.09	$ 0.11
Net Income (Loss) Attributable to Common Shareholders	$ (0.06)	$ 0.13
Weighted Average Common Shares Outstanding:
Basic	21,261,375	17,441,001
Diluted	21,307,103	17,501,510