INVESTMENT PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2021

Real Estate [Abstract]

SCHEDULE OF ESTIMATED FAIR VALUE OF ASSETS ACQUIRED

	2021 Acquisitions		2020 Acquisitions
Assets Acquired:
Land	$	986	$	693
Depreciable Property		17,223		7,301
Notes Receivable and Other		197		-0-
Total Assets Acquired	$	18,406	$	7,994

SCHEDULE OF COMMUNITY NET OPERATING INCOME AND NET INCOME (LOSS) ACQUIRED

Total Income, Community Net Operating Income (“Community NOI”)* and Net Income (Loss) for communities acquired in 2021 and 2020, which are included in our Consolidated Statements of Income (Loss) for the years ended December 31, 2021 and 2020, are as follows (in thousands):

	2021 Acquisitions			2020 Acquisitions
	2021			2021			2020
Total Income	$	1,134		$	1,092		$	374
Community NOI *	$	235		$	474		$	158
Net Income (Loss)	$	(740	)	$	(238	)	$	(73	)

* Community NOI is defined as rental and related income less community operating expenses.

SUMMARY OF ACCUMULATED DEPRECIATION BY MAJOR CLASSES OF ASSETS

The following is a summary of accumulated depreciation by major classes of assets (in thousands):

	December 31, 2021		December 31, 2020
Site and Land Improvements	$	199,482	$	175,219
Buildings and Improvements		10,020		8,860
Rental Homes and Accessories		87,104		71,112
Equipment and Vehicles		19,467		17,632
Total Accumulated Depreciation	$	316,073	$	272,823