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Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Fixed lease income $ 634.1 $ 618.8 $ 1,662.4 $ 1,586.4
Home sales 105.3 117.8 281.7 326.7
Service, retail, dining and entertainment 186.2 205.5 492.7 498.9
Interest 5.5 15.2 15.4 40.6
Brokerage commissions and other, net 8.8 26.0 23.0 45.3
Total Revenues 939.9 983.3 2,475.2 2,497.9
Expenses        
Property operating and maintenance 213.4 196.1 561.8 532.9
Real estate tax 31.5 29.3 94.2 89.4
Home costs and selling 74.3 84.5 203.0 233.5
Service, retail, dining and entertainment 163.3 173.4 445.1 438.2
General and administrative 74.8 67.0 218.6 193.8
Catastrophic event-related charges, net 0.9 (3.1) 10.4 (2.2)
Business combinations 0.2 0.0 0.4 3.0
Depreciation and amortization 172.4 162.6 510.5 482.3
Asset impairments (see Note 16) 0.2 1.2 32.5 10.1
Goodwill impairment (see Note 6) 0.0 44.8 0.0 369.9
Loss on extinguishment of debt 0.8 0.0 1.4 0.0
Interest 87.7 84.1 267.2 239.9
Interest on mandatorily redeemable preferred OP units / equity 0.0 0.8 0.0 2.7
Total Expenses 819.5 840.7 2,345.1 2,593.5
Income / (Loss) Before Other Items 120.4 142.6 130.1 (95.6)
Gain / (loss) on remeasurement of marketable securities 0.0 6.1 0.0 (8.0)
Loss on foreign currency exchanges (4.5) (6.5) (6.2) (6.5)
Gain / (loss) on dispositions of properties 178.7 (0.7) 186.6 (2.9)
Other income / (expense), net (0.8) (3.7) 5.6 (5.5)
Gain / (loss) on dispositions of properties 0.1 (1.3) (1.0) (3.1)
Total Income / (Loss) from Nonconsolidated Affiliates 2.1 1.4 6.5 0.5
Gain on remeasurement of investment in nonconsolidated affiliates 1.2 0.0 6.5 (4.5)
Current tax benefit / (expense) (see Note 13) (0.9) 4.6 6.5 13.9
Deferred tax benefit 7.1 2.3 16.5 14.6
Net Income / (Loss) 305.2 135.6 338.1 (124.9)
Less: Preferred stock distribution 3.2 3.4 9.6 9.0
Less: Income / (loss) attributable to noncontrolling interests 13.3 12.1 15.1 (1.5)
Net income / (loss) attributable to SUI common shareholders $ 288.7 $ 120.1 $ 313.4 $ (132.4)
Weighted average common shares outstanding:        
Weighted average common shares outstanding - basic (in shares) 124.0 123.5 123.8 123.4
Diluted weighted average common shares outstanding - diluted (in shares) 124.0 123.5 126.5 123.8
Earnings per share:        
Basic earning per share (in dollars per share) $ 2.31 $ 0.97 $ 2.52 $ (1.06)
Diluted earning per share (in dollars per share) $ 2.31 $ 0.97 $ 2.51 $ (1.07)