v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Land $ 1,793.8 $ 1,810.5
Land improvements and buildings 8,733.9 8,699.2
Rental homes and improvements 998.3 940.2
Furniture, fixtures and equipment 687.2 674.3
Investment property 12,213.2 12,124.2
Accumulated depreciation (3,702.0) (3,505.7)
Investment property, net 8,511.2 8,618.5
Cash, cash equivalents and restricted cash 165.2 606.7
Inventory of manufactured homes 75.7 84.7
Notes and other receivables, net (includes $201.4 and $183.7 at fair value, respectively, see Note 4) 282.4 262.9
Collateralized receivables, net 39.2 43.2
Goodwill 9.5 9.5
Intangible Asset, Excluding Goodwill, after Accumulated Amortization 34.0 36.7
Other assets, net 303.7 309.2
Assets held for sale and discontinued operations, net (see Note 2) 1,446.7 2,551.5
Total Assets 10,867.6 12,522.9
Liabilities    
Mortgage loans payable (see Note 7) 2,225.3 2,429.0
Secured borrowings on collateralized receivables 39.2 43.2
Unsecured debt 1,787.7 1,786.5
Distributions payable 139.9 131.1
Contract with Customer, Liability 199.9 125.9
Accounts Payable and Accrued Liabilities 193.3 178.3
Other liabilities 75.8 73.2
Liabilities held for sale and discontinued operations, net (see Note 2) 428.9 427.2
Total Liabilities 5,090.0 5,194.4
Commitments and contingencies (see Note 14)
Temporary equity (see Note 8) 184.0 255.7
Shareholders' Equity    
Common stock, $0.01 par value. Authorized: 360.0 shares; Issued and outstanding: 122.5 shares at June 30, 2026 and 123.5 shares at December 31, 2025 1.2 1.2
Additional paid-in capital 9,487.5 9,563.1
Accumulated other comprehensive income 2.4 26.5
Distributions in excess of accumulated earnings (3,971.7) (2,634.7)
Total SUI Shareholders' Equity 5,519.4 6,956.1
Noncontrolling interests 74.2 116.7
Total Shareholders' Equity 5,593.6 7,072.8
Total Liabilities, Temporary Equity and Shareholders' Equity $ 10,867.6 $ 12,522.9