INVESTMENT PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2022

Real Estate [Abstract]

SCHEDULE OF ESTIMATED FAIR VALUE OF ASSETS ACQUIRED

	2022 Acquisitions		2021 Acquisitions
Assets Acquired:
Land	$	6,379	$	986
Depreciable Property		80,027		17,223
Notes Receivable and Other		656		197
Total Assets Acquired	$	87,062	$	18,406

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

Total Income, Community Net Operating Income (“Community NOI”)* and Net Loss for communities acquired in 2022 and 2021, which are included in our Consolidated Statements of Income (Loss) for the years ended December 31, 2022 and 2021, are as follows (in thousands):

	2022 Acquisitions			2021 Acquisitions
	2022			2022			2021
Total Income	$	1,376		$	1,685		$	1,134
Community NOI *	$	610		$	497		$	235
Net Loss	$	(781	)	$	(1,078	)	$	(740	)

* 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, 2022		December 31, 2021
Site and Land Improvements	$	225,926	$	199,482
Buildings and Improvements		11,294		10,020
Rental Homes and Accessories		104,481		87,104
Equipment and Vehicles		21,397		19,467
Total Accumulated Depreciation	$	363,098	$	316,073