For the quarter ending 2026-03-31, ELS had $13,104K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Operations revenues | - | 1,513,038 | - | - |
| Operations expenses | - | 762,260 | - | - |
| Noi-Operating Segments | - | 191,881 | - | - |
| Depreciation and amortization-Operating Segments | - | 364,799 | - | - |
| Gain/(loss) on sale of real estate and impairment, net-Operating Segments | - | 1,571 | - | - |
| Interest income-Material Reconciling Items | - | 2,362 | - | - |
| Income from other investments, net-Material Reconciling Items | - | 2,698 | - | - |
| General and administrative-Material Reconciling Items | - | 65,995 | - | - |
| Casualty-related charges/(recoveries), net-Material Reconciling Items | - | 415 | - | - |
| Other expenses-Material Reconciling Items | - | 7,380 | - | - |
| Interest and related amortization-Material Reconciling Items | - | 228,000 | - | - |
| Income tax benefit-Material Reconciling Items | - | -3,273 | - | - |
| Equity in income/(loss) of unconsolidated joint ventures-Material Reconciling Items | - | -42 | - | - |
| Consolidated net income | 111,491 | 103,812 | 100,363 | 197,886 |
| Loss on sale of real estate and impairment, net | - | 1,571 | 31 | -683 |
| Early debt retirement | - | 0 | 0 | - |
| Depreciation and amortization | 54,318 | 54,181 | 53,518 | 106,044 |
| Amortization of loan costs | 1,329 | 1,329 | 1,330 | 2,481 |
| Debt premium amortization | - | 0 | - | - |
| Equity in (income)/loss of unconsolidated joint ventures | -877 | -42 | 1,708 | 4,854 |
| Distributions of income from unconsolidated joint ventures | 106 | 143 | 105 | 147 |
| Proceeds from insurance claims, net | 36 | 6 | 3,605 | 405 |
| Compensation expense related to incentive plans | 2,148 | -298 | 2,541 | 5,009 |
| Revenue recognized from membership upgrade sales upfront payments | 3,697 | 3,682 | 3,482 | 6,572 |
| Commission expense related to memberships sales | 1,705 | 1,420 | 1,278 | 2,271 |
| Deferred income tax benefit | - | -1,222 | - | - |
| Manufactured homes, net | 14,313 | 15,078 | 12,568 | 17,055 |
| Notes receivable, net | -3,106 | -3,347 | -3,400 | -6,498 |
| Deferred commission expense | 1,245 | 1,039 | 1,960 | 3,603 |
| Other assets, net | -9,279 | -718 | -7,945 | 2,880 |
| Accounts payable and other liabilities | 18,831 | -40,963 | 25,136 | 8,123 |
| Deferred membership revenue | 2,517 | 304 | 284 | 5,346 |
| Rents and other customer payments received in advance and security deposits | 7,816 | -1,976 | -25,536 | 25,558 |
| Net cash provided by operating activities | 194,232 | 99,461 | 147,010 | 324,677 |
| Real estate acquisitions, net | - | 0 | 0 | 0 |
| Proceeds from sale properties | - | 2,525 | - | - |
| Issuance of notes receivable | - | 0 | 0 | 56,110 |
| Investment in unconsolidated joint ventures | 149 | 195 | 590 | 8,904 |
| Distributions of capital from unconsolidated joint ventures | 1,138 | 1,981 | 3,554 | 8,389 |
| Proceeds from insurance claims, net | 0 | 3,484 | 1,463 | 4,411 |
| Capital improvements | 45,285 | 61,158 | 71,274 | 104,659 |
| Net cash used in investing activities | -44,296 | -53,363 | -66,847 | -156,873 |
| Proceeds from stock options and employee stock purchase plan | 375 | 371 | 388 | 747 |
| Gross proceeds from the issuance of common stock | - | 0 | - | - |
| Preferred stockholders | - | 8 | 0 | 8 |
| Common stockholders | 99,825 | 99,820 | 98,474 | 189,669 |
| Common op unitholders | 3,321 | 3,324 | 4,666 | 9,036 |
| Share based award tax withholding payments | 1,929 | 0 | 0 | 2,258 |
| Principal payments and mortgage debt repayment | 16,562 | 16,309 | 16,058 | 119,455 |
| Mortgage notes payable financing proceeds | - | 0 | - | - |
| Term loan proceeds | - | 0 | 90,000 | 150,000 |
| Term loan repayment | - | 0 | - | - |
| Line of credit repayment | 207,000 | 172,500 | 168,500 | 526,000 |
| Line of credit proceeds | 191,500 | 232,500 | 123,500 | 539,000 |
| Debt issuance and defeasance costs | - | 0 | 0 | 2,494 |
| Other | 70 | 167 | 70 | 199 |
| Net cash used in financing activities | -136,832 | -59,257 | -73,880 | -159,372 |
| Net increase (decrease) in cash and restricted cash | 13,104 | -13,159 | 6,283 | 8,432 |
| Cash and restricted cash, beginning of period | 26,132 | 39,291 | 24,576 | - |
| Cash and restricted cash, end of period | 39,236 | 26,132 | 39,291 | - |
EQUITY LIFESTYLE PROPERTIES INC (ELS)
EQUITY LIFESTYLE PROPERTIES INC (ELS)