| Land |
46.25M |
| Site and Land Improvements |
390.8M |
| Buildings and Improvements |
20.78M |
| Rental Homes and Accessories |
164.76M |
| Total Investment Property |
622.59M |
| Equipment and Vehicles |
14.7M |
| Total Investment Property and Equipment |
637.29M |
| Accumulated Depreciation |
-134.41M |
| Net Investment Property and Equipment |
502.88M |
| Cash and Cash Equivalents |
3.71M |
| Securities Available for Sale |
111.05M |
| Inventory of Manufactured Homes |
16.34M |
| Notes and Other Receivables, net |
20.92M |
| Unamortized Financing Costs |
| Prepaid Expenses |
| Land Development Costs |
9.21M |
| Total Other Assets |
| TOTAL ASSETS |
669.04M |
| MORTGAGES PAYABLE |
285.02M |
| Accounts Payable |
3.79M |
| Loans Payable |
56.58M |
| Accrued Liabilities and Deposits |
5.52M |
| Tenant Security Deposits |
4.21M |
| Total Other Liabilities |
70.11M |
| Total Liabilities |
355.13M |
| COMMITMENTS AND CONTINGENCIES |
| Series A - 8.25% Cumulative Redeemable Preferred Stock, $33,470,000 liquidation value, 1,380,000 shares authorized; 1,338,800 shares issued and outstanding as of June 30, 2011 |
| Common Stock - $.10 par value per share, 28,000,000 and 20,000,000 shares authorized; 14,545,477 and 13,701,625 shares issued and outstanding as of June 30, 2011 and December 31, 2010, respectively |
2.83M |
| Excess Stock - $.10 par value per share, 3,000,000 shares authorized; no shares issued or outstanding |
0 |
| Additional Paid-In Capital |
104.18M |
| Accumulated Other Comprehensive Income |
20.94M |
| Accumulated Deficit |
-667.79K |
| Total Shareholders' Equity |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
669.04M |
