EQUITY LIFESTYLE PROPERTIES INC
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
ELS$62.68-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of March and December 31,
Consolidated Balance Sheets
(amounts in thousands, except share and per share data)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Investment in real estate: | ||
| Land | $2,088,657 | $2,088,657 |
| Land improvements | 4,435,288 | 4,380,649 |
| Buildings and other depreciable property | 1,229,374 | 1,236,985 |
| 7,753,319 | 7,706,291 | |
| Accumulated depreciation | (2,497,039) | (2,448,876) |
| Net investment in real estate | 5,256,280 | 5,257,415 |
| Cash and restricted cash | 47,281 | 29,937 |
| Notes receivable, net | 49,346 | 49,937 |
| Investment in unconsolidated joint ventures | 84,989 | 85,304 |
| Deferred commission expense | 54,024 | 53,641 |
| Other assets, net | 138,314 | 137,499 |
| Total Assets | $5,630,234 | $5,613,733 |
| Liabilities and Equity | ||
| Liabilities: | ||
| Mortgage notes payable, net | $2,974,728 | $2,989,959 |
| Term loans, net | 497,875 | 497,648 |
| Unsecured line of credit | 6,000 | 31,000 |
| Accounts payable and other liabilities | 171,061 | 151,567 |
| Deferred membership revenue | 223,470 | 218,337 |
| Accrued interest payable | 12,543 | 12,657 |
| Rents and other customer payments received in advance and security deposits | 131,547 | 126,451 |
| Distributions payable | 93,264 | 87,493 |
| Total Liabilities | 4,110,488 | 4,115,112 |
| Equity: | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.01 par value, 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; none issued and outstanding. | — | — |
| Common stock, $0.01 par value, 600,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 186,493,598 and 186,426,281 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. | 1,917 | 1,917 |
| Paid-in capital | 1,644,410 | 1,644,319 |
| Distributions in excess of accumulated earnings | (202,721) | (223,576) |
| Accumulated other comprehensive income | 5,280 | 6,061 |
| Total Stockholders’ Equity | 1,448,886 | 1,428,721 |
| Non-controlling interests – Common OP Units | 70,860 | 69,900 |
| Total Equity | 1,519,746 | 1,498,621 |
| Total Liabilities and Equity | $5,630,234 | $5,613,733 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.