Sun Communities, Inc. (SUI) financial statements (2021 and earlier)

Company profile

Business Address 27777 FRANKLIN ROAD
SOUTHFIELD, MI 48034
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8322501084583
Cash and cash equivalents8322501084583
Total current assets:8322501084583
Noncurrent Assets
Inventory, real estate476249302215 
Property, plant and equipment2,5661,6971,4031,2531,158554391
Long-term investments and receivables5935     
Long-term investments5935     
Intangible assets, net (including goodwill), including:3066888861004430
Goodwill429      
Intangible assets, net (excluding goodwill)1,0406888861004430
Other undisclosed intangible assets, net (including goodwill)(1,163)      
Estimated insurance recoveries  19    
Total noncurrent assets:2,9781,8621,5591,3701,280613421
Other undisclosed assets8,1465,9185,1004,7324,5833,5332,433
TOTAL ASSETS:11,2077,8026,7106,1125,8714,1912,938
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities5,3153,8483,4793,4053,4422,5711,998
Total liabilities:5,3153,8483,4793,4053,4422,5711,998
Temporary equity, carrying amount2647864    
Stockholders' equity
Stockholders' equity attributable to parent, including:5,5253,8203,1072,5982,2961,456892
Preferred stock    00 
Common stock1111110
Additional paid in capital7,0885,2134,3993,7593,3212,3191,755
Accumulated other comprehensive income (loss)3(1)(5)1(3)  
Other undisclosed stockholders' equity attributable to parent(1,567)(1,393)(1,288)(1,162)(1,023)(864)(864)
Stockholders' equity attributable to noncontrolling interest102566065678148
Total stockholders' equity:5,6273,8763,1672,6642,3621,537940
Other undisclosed liabilities and equity   436783 
TOTAL LIABILITIES AND EQUITY:11,2077,8026,7106,1125,8714,1912,938

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,3981,2641,127983834675472
Revenue, net   451
Cost of revenue(1,037)(957)(862)(527)(453)(369)(270)
Cost of goods and services sold(132)(134)(123)(327)(278)(220)(165)
Gross profit:361307265456381305202
Operating expenses(227)(167)(135)(383)(344)(267)(191)
Other undisclosed operating income     346252
Operating income:1341391307337385262
Nonoperating income (expense)36(0)(8)   
Loss from catastrophes(1)(2)(0)(8)   
Foreign currency transaction gain, before tax85     
Other nonoperating income (expense)(4)3     
Interest and debt expense(134)(150)(133)(6)(1)(104)(71)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes131 133141(241)(181)
Income (loss) from continuing operations before equity method investments, income taxes:134(4)13073373910
Income from equity method investments21     
Income (loss) from continuing operations before income taxes:136(3)13073373910
Income tax expense (benefit)1   (0)(1)(0)
Income (loss) before gain (loss) on sale of properties:136(3)13073373810
Other undisclosed net income (loss)11180(10)9(5)13323
Net income:147177120823117033
Net income (loss) attributable to noncontrolling interest9(10)(8)(5)(0)(10)(2)
Other undisclosed net loss attributable to parent(25)(6)(4)(5)(5)(5)(3)
Net income attributable to parent:132162107722615529
Preferred stock dividends and other adjustments (1)(2)(7)(9)(14)(6)
Other undisclosed net loss available to common stockholders, basic     (4) 
Net income available to common stockholders, basic:132160105651713722
Dilutive securities, effect on basic earnings per share  1(0)(0)  
Other undisclosed net income (loss) available to common stockholders, diluted  (1)00(2)0
Net income available to common stockholders, diluted:132160105651713622

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:147177120823117033
Other undisclosed comprehensive income (loss)43(6)5(3) 0
Comprehensive income:152181114862817033
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(9)(10)(8)(5)0(10)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (3)
Comprehensive income, net of tax, attributable to parent:143171106812816032

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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