2020 Q1 Form 10-Q Financial Statement

#000091259320000087 Filed on April 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q3 2019 Q1
Revenue $310.3M $362.4M $287.3M
YoY Change 7.99% 12.07% 11.38%
Cost Of Revenue $30.03M $36.32M $29.28M
YoY Change 2.58% 7.79% 10.18%
Gross Profit $280.3M $326.1M $258.1M
YoY Change 8.61% 12.57% 11.52%
Gross Profit Margin 90.32% 89.98% 89.81%
Selling, General & Admin $29.34M $26.92M $25.21M
YoY Change 16.38% 13.07% 8.57%
% of Gross Profit 10.47% 8.25% 9.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.69M $76.53M $76.56M
YoY Change 9.32% 6.32% 15.23%
% of Gross Profit 29.86% 23.47% 29.67%
Operating Expenses $29.34M $26.92M $25.21M
YoY Change 16.38% 13.07% 8.57%
Operating Profit $250.9M $299.2M $232.8M
YoY Change 7.77% 70.15% 56.03%
Interest Expense -$53.10M -$33.40M -$35.10M
YoY Change 51.28% -199.64% -212.72%
% of Operating Profit -21.16% -11.16% -15.07%
Other Income/Expense, Net -$972.0K -$1.362M -$67.00K
YoY Change 1350.75% -210.64% -97.44%
Pretax Income $36.19M $56.45M $34.57M
YoY Change 4.69% 12.25% -4.25%
Income Tax $300.0K $800.0K $0.00
% Of Pretax Income 0.83% 1.42% 0.0%
Net Earnings -$16.09M $57.00M $34.33M
YoY Change -146.86% 23.76% 14.49%
Net Earnings / Revenue -5.18% 15.73% 11.95%
Basic Earnings Per Share -$0.17 $0.63 $0.40
Diluted Earnings Per Share -$0.17 $0.63 $0.40
COMMON SHARES
Basic Shares Outstanding 92.41M shares 89.85M shares 85.52M shares
Diluted Shares Outstanding 92.41M shares 90.33M shares 86.03M shares

Balance Sheet

Concept 2020 Q1 2019 Q3 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $450.3M $120.9M $72.45M
YoY Change 521.62% 6.07% 382.98%
Cash & Equivalents $394.7M $26.20M $21.95M
Short-Term Investments $55.60M $94.73M $50.50M
Other Short-Term Assets
YoY Change
Inventory $64.00M $55.00M $53.00M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $516.0M $249.0M $247.0M
YoY Change 108.91% -21.45% 1.65%
LONG-TERM ASSETS
Property, Plant & Equipment $7.346B $6.814B $6.519B
YoY Change 12.69% 12.55% 15.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $56.00M $37.94M $51.00M
YoY Change 9.8%
Other Assets
YoY Change
Total Long-Term Assets $7.693B $7.553B $6.852B
YoY Change 12.28% 19.19% 16.0%
TOTAL ASSETS
Total Short-Term Assets $516.0M $249.0M $247.0M
Total Long-Term Assets $7.693B $7.553B $6.852B
Total Assets $8.209B $7.802B $7.099B
YoY Change 15.64% 17.26% 15.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $111.0M
YoY Change
Accrued Expenses $26.00M $25.00M $19.00M
YoY Change 36.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $213.0M $95.00M $86.00M
YoY Change 147.67% 50.79% 45.76%
LONG-TERM LIABILITIES
Long-Term Debt $3.931B $3.275B $3.452B
YoY Change 13.88% 8.99% 10.32%
Other Long-Term Liabilities $203.0M $351.0M $308.0M
YoY Change -34.09% 17.39% 8.83%
Total Long-Term Liabilities $4.134B $3.626B $3.760B
YoY Change 9.95% 9.75% 10.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $213.0M $95.00M $86.00M
Total Long-Term Liabilities $4.134B $3.626B $3.760B
Total Liabilities $4.346B $3.721B $3.846B
YoY Change 12.99% 10.5% 10.81%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $933.0K $907.0K $865.0K
YoY Change 7.86% 4.98% 8.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.725B $3.500B $3.079B
YoY Change
Total Liabilities & Shareholders Equity $8.209B $7.398B $7.099B
YoY Change 15.64% 11.18% 15.43%

Cashflow Statement

Concept 2020 Q1 2019 Q3 2019 Q1
OPERATING ACTIVITIES
Net Income -$16.09M $57.00M $34.33M
YoY Change -146.86% 23.76% 14.49%
Depreciation, Depletion And Amortization $83.69M $76.53M $76.56M
YoY Change 9.32% 6.32% 15.23%
Cash From Operating Activities $118.5M $138.5M $103.1M
YoY Change 14.9% 35.12% 27.48%
INVESTING ACTIVITIES
Capital Expenditures -$24.40M -$95.70M -$279.3M
YoY Change -91.26% 111.26% 11537.5%
Acquisitions $24.44M
YoY Change
Other Investing Activities -$144.9M -$133.0M $0.00
YoY Change 44.1% -100.0%
Cash From Investing Activities -$169.3M -$228.8M -$392.5M
YoY Change -56.86% 66.28% 472.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $134.2M $200.9M
YoY Change -33.2% 357.79%
Cash From Financing Activities $411.1M 86.10M $261.1M
YoY Change 57.45% -32.31% -3184.79%
NET CHANGE
Cash From Operating Activities $118.5M 138.5M $103.1M
Cash From Investing Activities -$169.3M -228.8M -$392.5M
Cash From Financing Activities $411.1M 86.10M $261.1M
Net Change In Cash $359.9M -4.200M -$28.09M
YoY Change -1381.41% -104.56% -817.42%
FREE CASH FLOW
Cash From Operating Activities $118.5M $138.5M $103.1M
Capital Expenditures -$24.40M -$95.70M -$279.3M
Free Cash Flow $142.9M $234.2M $382.4M
YoY Change -62.63% 58.46% 359.09%

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CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1575000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-22778000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
38702000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1268000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1118000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-21510000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37584000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
118513000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
103141000 USD
CY2020Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
132759000 USD
CY2019Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
114804000 USD
CY2020Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
24439000 USD
CY2019Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
279302000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12612000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11788000 USD
CY2020Q1 sui Issuanceofnotesandotherreceivables
Issuanceofnotesandotherreceivables
19903000 USD
CY2019Q1 sui Issuanceofnotesandotherreceivables
Issuanceofnotesandotherreceivables
0 USD
CY2020Q1 sui Repaymentof Notesand Other Receivables
RepaymentofNotesandOtherReceivables
854000 USD
CY2019Q1 sui Repaymentof Notesand Other Receivables
RepaymentofNotesandOtherReceivables
1030000 USD
CY2020Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
6970000 USD
CY2019Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
11416000 USD
CY2020Q1 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
1275000 USD
CY2019Q1 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
221000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-169330000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-392483000 USD
CY2020Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-7140000 USD
CY2019Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-4321000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1163965000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1428948000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
763076000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1160436000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
230000000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
265000000 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
134203000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
200892000 USD
CY2020Q1 sui Prepayment Penalty Debt
PrepaymentPenaltyDebt
3250000 USD
CY2019Q1 sui Prepayment Penalty Debt
PrepaymentPenaltyDebt
0 USD
CY2020Q1 sui Distributions To Stockholders Op Unit Holders And Preferred Op Unit Holders
DistributionsToStockholdersOpUnitHoldersAndPreferredOpUnitHolders
71859000 USD
CY2019Q1 sui Distributions To Stockholders Op Unit Holders And Preferred Op Unit Holders
DistributionsToStockholdersOpUnitHoldersAndPreferredOpUnitHolders
65145000 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3328000 USD
CY2019Q1 us-gaap Payments Of Financing Costs
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1000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
411109000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
261097000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-382000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
158000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
359910000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-28087000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34830000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62262000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
394740000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34175000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
32464000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
32711000 USD
CY2020Q1 us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
1041000 USD
CY2019Q1 us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
1094000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
75000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-60000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
5055000 USD
CY2020Q1 us-gaap Dividends
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4787000 USD
CY2019Q1 us-gaap Dividends
Dividends
3536000 USD
CY2020Q1 us-gaap Conversion Of Stock Amount Converted1
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446000 USD
CY2019Q1 us-gaap Conversion Of Stock Amount Converted1
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280000 USD
CY2019 sui Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Escrow
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationEscrow
0 USD
CY2019Q1 sui Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Escrow
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationEscrow
4035000 USD
CY2019Q1 sui Stock Based Compensation Amortization And Forfeitures
StockBasedCompensationAmortizationAndForfeitures
-3793000 USD
CY2019Q1 sui Net Income Loss Including Portion Attributableto Noncontrolling Interestand Returnsfrom Preferred Stock
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandReturnsfromPreferredStock
1575000 USD
CY2020Q1 sui Percent Manufactured Housing Residents
PercentManufacturedHousingResidents
0.66
CY2020Q1 sui Percent Recreational Vehicle Guests
PercentRecreationalVehicleGuests
0.34
CY2020Q1 us-gaap Revenues
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310302000 USD
CY2019Q1 us-gaap Revenues
Revenues
287330000 USD
CY2020Q1 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
27600000 USD
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
20900000 USD
CY2020Q1 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
529 site
CY2020Q1 sui Numberof Unitsin Real Estate Property Development Sites
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0 development_site
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
24714000 USD
CY2020Q1 sui Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Current Assets Liabilities Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedCurrentAssetsLiabilitiesInventory
230000 USD
CY2020Q1 sui Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilities
686000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
24258000 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
15258000 USD
CY2020Q1 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
9000000 USD
CY2020Q1 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
24258000 USD
CY2020Q1 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
900000 USD
CY2020Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
92000 USD
CY2020Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-106000 USD
CY2019Q4 us-gaap Number Of Units In Real Estate Property
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10390 site
CY2019Q4 sui Numberof Unitsin Real Estate Property Development Sites
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926 development_site
CY2019 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
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1972876 shares
CY2019 sui Numberof Mh Sites
NumberofMHSites
201 sites
CY2019 sui Numberof Rv Sites
NumberofRVSites
301 sites
CY2019 sui Numberof Motor Home Communities
NumberofMotorHomeCommunities
2 community
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
488958 shares
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
825266000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
6163000 USD
CY2019Q4 sui Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Current Assets Liabilities Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedCurrentAssetsLiabilitiesInventory
22302000 USD
CY2019Q4 sui Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilities
-49000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
853682000 USD
CY2019 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
426461000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt
61900000 USD
CY2019 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
365321000 USD
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
853682000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
7700000 USD
CY2019Q4 sui Number Of Sites Suitable For Development
NumberOfSitesSuitableForDevelopment
900 expansion_site
CY2019Q1 sui Purchaseof Tangible Property
PurchaseofTangibleProperty
300000 USD
CY2020Q1 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
186700000 USD
CY2019Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
157900000 USD
CY2020Q1 sui Notes Receivable Fair Value Adjustment
NotesReceivableFairValueAdjustment
0 USD
CY2019Q4 sui Notes Receivable Fair Value Adjustment
NotesReceivableFairValueAdjustment
100000 USD
CY2020Q1 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
92200000 USD
CY2019Q4 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
95600000 USD
CY2020Q1 sui Other Receivables For Rent Water Sewer Usage
OtherReceivablesForRentWaterSewerUsage
16000000.0 USD
CY2020Q1 sui Allowance For Rent Water Sewer Usage Receivables
AllowanceForRentWaterSewerUsageReceivables
1800000 USD
CY2020Q1 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
27600000 USD
CY2020Q1 us-gaap Other Receivables
OtherReceivables
5500000 USD
CY2019Q4 sui Other Receivables For Rent Water Sewer Usage
OtherReceivablesForRentWaterSewerUsage
7800000 USD
CY2019Q4 sui Allowance For Rent Water Sewer Usage Receivables
AllowanceForRentWaterSewerUsageReceivables
2200000 USD
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
20900000 USD
CY2019Q4 sui Insurance Receivables
InsuranceReceivables
9900000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
144092000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
80964000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
144256000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
77308000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3656000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3877000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11665000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15164000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10562000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7187000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4825000 USD
CY2019Q3 us-gaap Equity Method Investments
EquityMethodInvestments
37944000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
37776000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
52000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
388000 USD
CY2020Q1 sui Variable Interest Entityasa Percentageof Consolidated Assets
VariableInterestEntityasaPercentageofConsolidatedAssets
0.046 Rate
CY2019Q4 sui Variable Interest Entityasa Percentageof Consolidated Assets
VariableInterestEntityasaPercentageofConsolidatedAssets
0.047 Rate
CY2020Q1 sui Variable Interest Entityasa Percentageof Consolidated Liabilities
VariableInterestEntityasaPercentageofConsolidatedLiabilities
0.023 Rate
CY2019Q4 sui Variable Interest Entityasa Percentageof Consolidated Liabilities
VariableInterestEntityasaPercentageofConsolidatedLiabilities
0.025 Rate
CY2020Q1 sui Vi Easa Percentageof Total Equity
VIEasaPercentageofTotalEquity
0.010
CY2020Q1 us-gaap Secured Debt
SecuredDebt
3273808000 USD
CY2019Q4 us-gaap Secured Debt
SecuredDebt
3180592000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
183898000 USD
CY2020Q1 sui Secured Debt And Other Borrowings
SecuredDebtAndOtherBorrowings
3926494000 USD
CY2019Q4 sui Secured Debt And Other Borrowings
SecuredDebtAndOtherBorrowings
3434402000 USD
CY2020Q1 sui Debtweightedaveragetomaturitylength
Debtweightedaveragetomaturitylength
P10Y7M6D
CY2019 sui Debtweightedaveragetomaturitylength
Debtweightedaveragetomaturitylength
P11Y1M6D
CY2020Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.036 Rate
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.040 Rate
CY2020Q1 us-gaap Secured Debt
SecuredDebt
3300000000 USD
us-gaap Debt Instrument Convertible Number Of Equity Instruments
DebtInstrumentConvertibleNumberOfEquityInstruments
1013819 shares
CY2018Q2 sui Financial Instruments Subjectto Mandatory Redemption Rate Of Return
FinancialInstrumentsSubjecttoMandatoryRedemptionRateOfReturn
0.060
CY2019Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
3737500 shares
CY2019Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
452100000 USD
sui Aggregate Valueof Sharestobe Issuedin Accordanceto Sales Agreement
AggregateValueofSharestobeIssuedinAccordancetoSalesAgreement
450000000.0 USD
sui Commission Maximum Percentageof Gross Sales Price Per Share Accordingto Sales Agreement
CommissionMaximumPercentageofGrossSalesPricePerShareAccordingtoSalesAgreement
2.0
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
163800000 USD
CY2019Q3 sui Variable Interest Entity Equity Interests Issued
VariableInterestEntityEquityInterestsIssued
2400000 USD
CY2019 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
458541 shares
CY2020Q1 sui Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Percent Expected To Vest
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsPercentExpectedToVest
0.756
CY2019Q1 sui Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Percent Expected To Vest
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsPercentExpectedToVest
0.751
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
100000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-15478000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
37127000 USD
CY2020Q1 sui Preferredreturnto Series A1preferred O Punits
PreferredreturntoSeriesA1preferredOPunits
-1570000 USD
CY2019Q1 sui Preferredreturnto Series A1preferred O Punits
PreferredreturntoSeriesA1preferredOPunits
-1323000 USD
CY2020Q1 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
962000 USD
CY2019Q1 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
-1041000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-16086000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
34763000 USD
CY2020Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2019Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
-432000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16086000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34331000 USD
CY2020Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7288401000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7232620000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
394740000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34830000 USD
CY2020Q1 us-gaap Marketable Securities
MarketableSecurities
55602000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
94727000 USD
CY2020Q1 us-gaap Inventory Finished Homes
InventoryFinishedHomes
64436000 USD
CY2019Q4 us-gaap Inventory Finished Homes
InventoryFinishedHomes
62061000 USD
CY2020Q1 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
186692000 USD
CY2019Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
157926000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
219176000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
219896000 USD
CY2020Q1 us-gaap Assets
Assets
8209047000 USD
CY2019Q4 us-gaap Assets
Assets
7802060000 USD
CY2020Q1 sui Minimum Percent Of Income From Qualifying Sources To Allow For Real Estate Investment Trust Classification
MinimumPercentOfIncomeFromQualifyingSourcesToAllowForRealEstateInvestmentTrustClassification
95
CY2020Q1 sui Required Minimum Percent Of Taxable Income Distributed To Stock Holders
RequiredMinimumPercentOfTaxableIncomeDistributedToStockHolders
90
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
500000 USD
CY2019Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
200000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-100000 USD
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-200000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16086000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34331000 USD
CY2020Q1 sui Incomeloss Attributableto Common Stockholders Allocable To Non Vested Restricted Shares
IncomelossAttributabletoCommonStockholdersAllocableToNonVestedRestrictedShares
-254000 USD
CY2019Q1 sui Incomeloss Attributableto Common Stockholders Allocable To Non Vested Restricted Shares
IncomelossAttributabletoCommonStockholdersAllocableToNonVestedRestrictedShares
437000 USD
CY2020Q1 sui Netincomeattributabletocommonshareholdersafterrestrictedstockallocation
Netincomeattributabletocommonshareholdersafterrestrictedstockallocation
-15832000 USD
CY2019Q1 sui Netincomeattributabletocommonshareholdersafterrestrictedstockallocation
Netincomeattributabletocommonshareholdersafterrestrictedstockallocation
33894000 USD
CY2020Q1 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
-254000 USD
CY2019Q1 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
437000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-16086000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
34331000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92410000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85520000 shares
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
524000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
512000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
92935000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86033000 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4924000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6647000 shares
CY2020Q1 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
37481000 USD
CY2020Q1 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
37481000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
18960000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
18960000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2186000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
112000 USD
CY2020Q1 sui Operating And Finance Leases Liability Payments Remainderof Fiscal Year
OperatingAndFinanceLeasesLiabilityPaymentsRemainderofFiscalYear
2298000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2842000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
120000 USD
CY2020Q1 sui Operating And Finance Leases Liability Payments Due Year Two
OperatingAndFinanceLeasesLiabilityPaymentsDueYearTwo
2962000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2863000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
120000 USD
CY2020Q1 sui Operating And Finance Leases Liability Payments Due Year Three
OperatingAndFinanceLeasesLiabilityPaymentsDueYearThree
2983000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2994000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
120000 USD
CY2020Q1 sui Operating And Finance Leases Liability Payments Due Year Four
OperatingAndFinanceLeasesLiabilityPaymentsDueYearFour
3114000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3300000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
4060000 USD
CY2020Q1 sui Operating And Finance Leases Liability Payments Due Year Five
OperatingAndFinanceLeasesLiabilityPaymentsDueYearFive
7360000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
32773000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q1 sui Operating And Finance Leases Liability Payments Dueafter Year Five
OperatingAndFinanceLeasesLiabilityPaymentsDueafterYearFive
32773000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
46958000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4532000 USD
CY2020Q1 sui Operating And Finance Leases Liability Payment Due
OperatingAndFinanceLeasesLiabilityPaymentDue
51490000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20875000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
433000 USD
CY2020Q1 sui Operating And Finance Leases Liability Undiscounted Excess Amount
OperatingAndFinanceLeasesLiabilityUndiscountedExcessAmount
21308000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
26083000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
4099000 USD
CY2020Q1 sui Operating And Finance Leases Liability
OperatingAndFinanceLeasesLiability
30182000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
4099000 USD
CY2019Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
4081000 USD
CY2020Q1 sui Rightof Use Asset Obtainedin Exchangefor New Operating Lease Liability
RightofUseAssetObtainedinExchangeforNewOperatingLeaseLiability
25442000 USD
CY2019 sui Rightof Use Asset Obtainedin Exchangefor New Operating Lease Liability
RightofUseAssetObtainedinExchangeforNewOperatingLeaseLiability
23751000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
28178000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
4099000 USD
CY2019Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
4081000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
26083000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
28366000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
24222000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
-18000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
-18000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
26000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
26000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
974000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
822000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
1351000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
1149000 USD
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P25Y7M6D
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0250
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0414
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
590000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
450000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
8000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
8000 USD
CY2020Q1 sui Operating And Finance Lease Payments
OperatingAndFinanceLeasePayments
598000 USD
CY2019Q1 sui Operating And Finance Lease Payments
OperatingAndFinanceLeasePayments
458000 USD
CY2020Q1 sui Lessee Operating Lease Lease Not Yet Commenced Value
LesseeOperatingLeaseLeaseNotYetCommencedValue
2900000 USD
CY2020Q1 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P7Y
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Mark To Market
AdjustmentsToAdditionalPaidInCapitalMarkToMarket
300000 USD

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