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Quarterly Financial Information
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
Quarterly Financial Information (Unaudited)

The following is a condensed summary of our unaudited quarterly results for years ended December 31, 2015 and 2014. Income (loss) per share for the year may not equal the sum of the fiscal quarters' income (loss) per share due to changes in basic and diluted shares outstanding.
 
 
Quarters
 
 
1st
 
2nd
 
3rd
 
4th
 
 
(In thousands, except per share amounts)
2015
 
 
 
 
 
 
 
 
Total revenues
 
$
155,200

 
$
165,938

 
$
185,355

 
$
168,238

Total expenses
 
151,646

 
154,862

 
163,771

 
165,697

Income before income taxes and distributions from affiliate
 
$
3,554

 
$
11,076

 
$
21,584

 
$
2,541

 
 
 
 
 
 
 
 
 
Distributions from affiliate (1)
 
$
—

 
$
7,500

 
$
—

 
$
—

Gain (loss) on disposition of properties, net
 
$
8,769

 
$
(13
)
 
$
18,190

 
$
98,430

Net income attributable to Sun Communities, Inc. common stockholders
 
$
6,869

 
$
12,294

 
$
28,763

 
$
89,399

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.13

 
$
0.23

 
$
0.53

 
$
1.57

Diluted
 
$
0.13

 
$
0.23

 
$
0.53

 
$
1.56

 
 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
 
Total revenues
 
$
111,181

 
$
115,387

 
$
125,435

 
$
119,672

Total expenses
 
100,651

 
108,993

 
112,655

 
139,267

Income (loss) before income taxes and distributions from affiliate
 
$
10,530

 
$
6,394

 
$
12,780

 
$
(19,595
)
 
 
 
 
 
 
 
 
 
Distributions from affiliate (1)
 
$
400

 
$
400

 
$
400

 
$
—

Gain on disposition of properties, net (2)
 
$
—

 
$
885

 
$
13,631

 
$
3,138

Gain on settlement
 
$
—

 
$
—

 
$
—

 
$
4,452

Net income (loss) attributable to Sun Communities, Inc. common stockholders
 
$
7,846

 
$
4,928

 
$
22,671

 
$
(13,069
)
 
 
 
 
 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.21

 
$
0.12

 
$
0.54

 
$
(0.27
)
Diluted
 
$
0.21

 
$
0.12

 
$
0.54

 
$
(0.27
)


(1) Refer to Note 7 for more information regarding distributions from affiliate.
(2) During the second quarter of 2014, we recorded a gain on disposition of properties, net of $0.9 million. In the fourth quarter of 2014, we identified and recorded a revision to this gain of $3.2 million. Had this revision been recorded in the second quarter instead of the fourth quarter, our basic and diluted earnings per share would have been income of $0.20 in the second quarter and a loss of $0.34 in the fourth quarter. Management of the Company concluded that the effect of the fourth quarter revision was not material to the second and fourth quarter 2014 financial statements.