Consolidated Statements of Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
INCOME:
Rental and Related Income	$ 27,270,477	$ 24,530,355
Sales of Manufactured Homes	2,525,487	1,918,194
Total Income	29,795,964	26,448,549
EXPENSES:
Community Operating Expenses	12,754,816	11,480,359
Cost of Sales of Manufactured Homes	1,980,171	1,503,209
Selling Expenses	804,072	759,379
General and Administrative Expenses	2,358,556	2,202,302
Depreciation Expense	7,594,634	6,540,238
Total Expenses	25,492,249	22,485,487
OTHER INCOME (EXPENSE):
Interest Income	470,230	473,359
Dividend and Other Investment Income (Loss), net	(23,453,572)	1,883,131
Other Income	67,463	48,104
Interest Expense	(3,580,468)	(4,057,730)
Total Other Income (Expense)	(26,496,347)	(1,653,136)
Income (Loss) before Loss on Sales of Investment Property and Equipment	(22,192,632)	2,309,926
Loss on Sales of Investment Property and Equipment	(15,705)	(24,380)
Net Income (Loss)	(22,208,337)	2,285,546
Less: Preferred Dividends	(4,946,173)	(3,789,747)
Net Loss Attributable to Common Shareholders	$ (27,154,510)	$ (1,504,201)
Basic and Diluted Income (Loss) Per Share:
Net Income (Loss)	$ (0.62)	$ 0.08
Less: Preferred Dividends	(0.14)	(0.13)
Net Loss Attributable to Common Shareholders	$ (0.76)	$ (0.05)
Weighted Average Common Shares Outstanding:
Basic and Diluted	35,907,090	29,954,773