Consolidated Statements of Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
INCOME:
Rental and Related Income	$ 159,010	$ 143,344	$ 128,611
Sales of Manufactured Homes	27,089	20,265	17,980
Total Income	186,099	163,609	146,591
EXPENSES:
Community Operating Expenses	68,046	63,175	61,708
Cost of Sales of Manufactured Homes	20,091	14,417	12,938
Selling Expenses	4,807	4,941	5,079
General and Administrative Expenses	14,095	11,056	10,046
Depreciation Expense	45,124	41,707	36,811
Total Expenses	152,163	135,296	126,582
OTHER INCOME (EXPENSE):
Interest Income	3,362	2,917	2,619
Dividend Income	5,098	5,729	7,535
Gain on Sales of Marketable Securities, net	2,342	(0)	(0)
Increase (Decrease) in Fair Value of Marketable Securities	25,052	(14,119)	14,915
Other Income	626	718	588
Interest Expense	(19,158)	(18,287)	(17,805)
Total Other Income (Expense)	17,322	(23,042)	7,852
Income Before Loss on Sales of Investment Property and Equipment	51,258	5,271	27,861
Loss on Sales of Investment Property and Equipment	(170)	(216)	(111)
Net Income	51,088	5,055	27,750
Less: Preferred Dividends	(29,839)	(31,943)	(25,184)
Less: Redemption of Preferred Stock	0	(2,871)	0
Net Income (Loss) Attributable to Common Shareholders	$ 21,249	$ (29,759)	$ 2,566
Basic Income (Loss) Per Share:
Net Income	$ 1.10	$ 0.12	$ 0.70
Less: Preferred Dividends	(0.64)	(0.77)	(0.63)
Less: Redemption of Preferred Stock	(0)	(0.07)	(0)
Net Income (Loss) Attributable to Common Shareholders	0.46	(0.72)	0.07
Diluted Income (Loss) Per Share:
Net Income	1.08	0.12	0.69
Less: Preferred Dividends	(0.63)	(0.77)	(0.63)
Less: Redemption of Preferred Stock	(0)	(0.07)	(0)
Net Income (Loss) Attributable to Common Shareholders	$ 0.45	$ (0.72)	$ 0.06
Weighted Average Common Shares Outstanding:
Basic	46,332,000	41,395,000	39,909,000
Diluted	47,432,000	41,395,000	40,203,000