Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)	$ (2,136,353)	$ 5,875,417
Non-Cash items included in Net Income (Loss):
Depreciation	15,358,892	13,280,443
Amortization of Financing Costs	306,962	326,614
Stock Compensation Expense	853,554	670,057
Provision (Benefit) for Uncollectible Notes and Other Receivables	(568,349)	550,728
Gain on Sales of Marketable Securities, net	(20,107)	(1,051,768)
Decrease in Fair Value of Marketable Securities	9,275,149
Loss on Sales of Investment Property and Equipment	80,632	10,642
Changes in Operating Assets and Liabilities:
Inventory of Manufactured Homes	(5,596,315)	(3,508,325)
Notes and Other Receivables, net of Notes Acquired with Acquisitions	(1,925,129)	(902,475)
Prepaid Expenses and Other Assets	(1,924,334)	(266,321)
Accounts Payable	961,382	1,639,370
Accrued Liabilities and Deposits	(619,176)	(480,463)
Tenant Security Deposits	398,041	494,521
Net Cash Provided by Operating Activities	14,444,849	16,638,440
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of Manufactured Home Communities	(21,010,527)	(40,877,655)
Purchase of Investment Property and Equipment	(23,559,057)	(29,400,897)
Proceeds from Sales of Investment Property and Equipment	1,141,157	1,221,672
Additions to Land Development Costs	(3,694,511)	(1,618,152)
Purchase of Marketable Securities	(14,622,458)	(13,699,545)
Proceeds from Sales of Marketable Securities	268,675	8,522,083
Net Cash Used in Investing Activities	(61,476,721)	(75,852,494)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Mortgages		31,050,000
Net (Payments) Proceeds on Short Term Borrowings	(57,229)	5,893,852
Principal Payments of Mortgages	(3,393,435)	(12,659,812)
Financing Costs on Debt	(35,532)	(439,982)
Proceeds from Issuance of Preferred Stock, net of offering costs	48,247,280
Proceeds from Registered Direct Placement of Common Stock, net of offering costs		22,527,507
Proceeds from Issuance of Common Stock in the DRIP, net of Dividend Reinvestments reinvestments	14,817,445	28,659,238
Proceeds from Exercise of Stock Options	835,120	5,435,634
Preferred Dividends Paid	(9,803,805)	(7,579,494)
Common Dividends Paid, net of Dividend Reinvestments	(11,502,896)	(9,730,543)
Net Cash Provided by Financing Activities	39,106,948	63,156,400
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	(7,924,924)	3,942,346
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	27,891,249	9,349,489
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	$ 19,966,325	$ 13,291,835