Consolidated Statements of Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INCOME:
Rental and Related Income	$ 17,937,342	$ 15,768,908	$ 35,153,028	$ 30,615,684
Sales of Manufactured Homes	1,616,101	2,379,824	2,744,501	3,382,229
Total Income	19,553,443	18,148,732	37,897,529	33,997,913
EXPENSES:
Community Operating Expenses	9,139,539	8,341,946	17,952,028	16,629,555
Cost of Sales of Manufactured Homes	1,238,854	1,944,233	2,119,524	2,710,612
Selling Expenses	658,028	752,136	1,343,567	1,472,815
General and Administrative Expenses	1,808,958	1,779,056	3,465,658	3,382,979
Acquisition Costs	188,248	0	294,379	285,179
Depreciation Expense	4,451,195	3,672,454	8,679,469	7,110,126
Total Expenses	17,484,822	16,489,825	33,854,625	31,591,266
OTHER INCOME (EXPENSE):
Interest Income	466,129	537,771	944,462	1,085,014
Dividend Income	1,006,876	1,004,610	2,101,654	2,064,075
Gain on Sales of Securities Transactions, net	21,548	707,054	79,748	1,215,457
Other Income	88,692	191,577	138,556	244,264
Interest Expense	(3,238,109)	(2,530,528)	(6,049,720)	(4,738,653)
Amortization of Financing Costs	(135,846)	(138,861)	(265,889)	(255,441)
Total Other Income (Expense)	(1,790,710)	(228,377)	(3,051,189)	(385,284)
Income before Gain (Loss) on Sales of Investment Property and Equipment	277,911	1,430,530	991,715	2,021,363
Gain (Loss) on Sales of Investment Property and Equipment	(73,929)	46,195	(69,216)	23,551
Net Income	203,982	1,476,725	922,499	2,044,914
Less: Preferred Dividend	1,889,147	1,889,147	3,778,294	3,778,294
Net Loss Attributable to Common Shareholders	$ (1,685,165)	$ (412,422)	$ (2,855,795)	$ (1,733,380)
Basic Income Per Share:
Net Income	$ 0.01	$ 0.06	$ 0.04	$ 0.09
Less: Preferred Dividend	0.07	0.08	0.15	0.17
Net Loss Attributable to Common Shareholders	(0.06)	(0.02)	(0.11)	(0.08)
Diluted Income Per Share:
Net Income	0.01	0.06	0.04	0.09
Less: Preferred Dividend	0.07	0.08	0.15	0.17
Net Loss Attributable to Common Shareholders	$ (0.06)	$ (0.02)	$ (0.11)	$ (0.08)
Weighted Average Common Shares Outstanding:
Basic	25,645,978	22,054,132	25,210,785	21,655,236
Diluted	25,702,375	22,104,120	25,262,049	21,700,948