v3.26.3
Reportable Segments - Schedule of Consolidated Net Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Segment Reporting          
Operations revenues $ 409,903 $ 393,314 $ 1,205,340 $ 1,157,514  
Reconciliation to consolidated net income:          
Depreciation and amortization (54,898) (52,313) (161,671) (155,904)  
Income from other investments, net 15,337 15,220 44,685 47,248  
General and administrative (9,573) (8,791) (32,546) (28,485)  
Casualty-related charges/(recoveries), net (245) 3,748 6,781 4,072  
Interest and related amortization (34,607) (33,659) (102,076) (96,995)  
Income tax (expense)/benefit (12,065) 518 (12,065) 1,144  
Equity in income/(loss) of unconsolidated joint ventures 654 1,708 445 6,562  
Consolidated net income 89,250 100,363 300,259 298,249  
Total assets 5,765,006 5,747,181 5,765,006 5,747,181 $ 5,745,393
Capital improvements 50,733 71,274 160,192 175,933  
Property Operations          
Reconciliation to consolidated net income:          
Total assets 5,439,013 5,478,166 5,439,013 5,478,166  
Capital improvements 41,960 66,072 138,515 165,585  
Home Sales and Rentals Operations          
Reconciliation to consolidated net income:          
Total assets 325,993 269,015 325,993 269,015  
Capital improvements 8,773 5,202 21,677 10,348  
Operating Segments          
Segment Reporting          
Operations revenues 406,664 388,572 1,190,747 1,144,230  
Operations expenses (208,738) (202,964) (599,819) (585,333)  
NOI 197,926 185,608 590,928 558,897  
Operating Segments | Property Operations          
Segment Reporting          
Operations revenues 392,000 373,340 1,149,191 1,100,807  
Operations expenses (194,569) (189,338) (559,896) (546,985)  
NOI 197,431 184,002 589,295 553,822  
Reconciliation to consolidated net income:          
Income from other investments, net 15,337 15,220 44,685 47,248  
Operating Segments | Home Sales and Rentals Operations          
Segment Reporting          
Operations revenues 14,664 15,232 41,556 43,423  
Operations expenses (14,169) (13,626) (39,923) (38,348)  
NOI 495 1,606 1,633 5,075  
Segment Reconciling Items          
Reconciliation to consolidated net income:          
Depreciation and amortization (54,898) (52,313) (161,671) (155,904)  
Gain/(Loss) on sale of real estate and impairment, net   31 (507) (652)  
Interest income 1,335 2,770 5,106 7,210  
Income from other investments, net 1,904 1,972 9,487 6,074  
General and administrative (9,573) (8,791) (32,546) (28,485)  
Casualty-related charges/(recoveries), net (245) 3,748 6,781 4,072  
Other expenses (1,181) (1,229) (3,623) (3,674)  
Interest and related amortization (34,607) (33,659) (102,076) (96,995)  
Income tax (expense)/benefit (12,065) 518 (12,065) 1,144  
Equity in income/(loss) of unconsolidated joint ventures $ 654 $ 1,708 $ 445 $ 6,562