v3.26.1
Consolidated Statements Of Cash Flows
$ in Millions
6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Operating Activities    
Net cash provided by operating activities - continuing operations $ 471.2 $ 396.2
Net cash provided by operating activities - discontinued operations 64.0 103.7
Net Cash Provided By Operating Activities 535.2 499.9
Investing Activities    
Investment in properties (173.0) (179.4)
Acquisitions, net of cash acquired (21.4) (1.0)
Proceeds from disposition of assets and depreciated homes, net 4.6 10.3
Proceeds related to disposition of properties 0.0 124.4
Repayments of notes and other receivables 1.5 37.6
Distributions of capital from nonconsolidated affiliates 5.8 8.9
Other investing activities 2.8 (1.5)
Net cash used for investing activities - continuing operations (179.7) (0.7)
Net cash provided by / (used for) investing activities - discontinued operations (73.0) 5,317.2
Net Cash Used For Investing Activities (252.7) 5,316.5
Financing Activities    
Issuance and costs of common stock, OP units and preferred OP units, net 0.0 (0.1)
Common stock withheld to satisfy income tax obligations related to vesting of restricted stock (7.4) (5.6)
Repurchases of common stock (171.2) (202.8)
Redemptions of preferred OP units (56.8) (2.0)
Borrowings on lines of credit 0.0 624.5
Payments on lines of credit 0.0 (2,106.5)
Payments on other debt (203.0) (1,772.2)
Distributions (277.4) (772.9)
Net capital transfer from / (to) consolidated affiliates (16.2) 5,230.8
Net cash provided by / (used for) financing activities - continuing operations (732.0) 993.2
Net cash provided by / (used for) financing activities - discontinued operations 13.5 (5,408.4)
Net Cash Used For Financing Activities (718.5) (4,415.2)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1.4) 2.1
Net change in cash, cash equivalents and restricted cash (437.4) 1,403.3
Cash, cash equivalents and restricted cash, beginning of period 636.1 63.9
Cash, cash equivalents and restricted cash, end of period 198.7 1,467.2
Less: Cash, cash equivalents and restricted cash - discontinued operations (33.5) (28.8)
Cash, Cash Equivalents and Restricted Cash - Continuing Operations 165.2 1,438.4
Supplemental Information    
Cash paid for interest, net 75.7 18.9
Cash paid for income taxes 5.8 1.2
Noncash Investing and Financing Activities    
Reduction in secured borrowing balance 3.4 4.1
Change in distributions declared and outstanding 8.8 11.2
Conversion of common and preferred OP units 8.8 2.7
Notes Due From Other Real Estate Developers    
Noncash Investing and Financing Activities    
Reduction in note receivable balance in exchange for redemption of preferred OP units $ 0.0 $ 23.8