宜居生活资产信托 2026年季度报告

FORM 10-Q_________________________________________________________ EQUITY LIFESTYLE PROPERTIES, INC. (Exact Name of Registrant as Specified in Its Charter)_________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 193,937,553 shares of CommonStock as of April22, 2026. Equity LifeStyle Properties, Inc. Table of Contents Part I - Financial Information Item1.Financial Statements (unaudited)Index To Financial StatementsConsolidated Balance Sheets as of March 31, 2026 and December31, 2025Consolidated Statements of Income and Comprehensive Income for the quarters ended March 31, 2026 and 2025Consolidated Statements of Changes in Equity for the quarters ended March 31, 2026 and 2025Consolidated Statements of Cash Flows for the quarters ended March 31, 2026 and 2025Notes to Consolidated Financial StatementsItem2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3.Quantitative and Qualitative Disclosures About Market RiskItem4.Controls and ProceduresPart II - Other InformationItem1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem3.Defaults Upon Senior SecuritiesItem4.Mine Safety DisclosuresItem5.Other InformationItem6.Exhibits Part I – Financial Information Equity LifeStyle Properties, Inc.Consolidated Balance Sheets(amounts in thousands, except share and per share data) Liabilities and Equity Preferred stock, $0.01 par value, 10,000,000 shares authorized as of March 31, 2026 and December 31,2025; none issued and outstanding. Equity LifeStyle Properties, Inc.Consolidated Statements of Income and Comprehensive Income(amounts in thousands, except per share data)(unaudited) Revenues: Rental incomeAnnual membership subscriptionsMembership upgrade revenueOther incomeGross revenues from home sales, brokered resales and ancillary servicesInterest incomeIncome from other investments, netTotal revenues Expenses: Property operating and maintenanceReal estate taxesMembership sales and marketingProperty managementDepreciation and amortizationCost of home sales, brokered resales and ancillary servicesHome selling expenses and ancillary operating expensesGeneral and administrativeCasualty-related charges/(recoveries), netOther expensesInterest and related amortizationTotal expensesIncome before other itemsEquity in income/(loss) of unconsolidated joint venturesConsolidated net incomeIncome allocated to non-controlling interests – Common OP Units Net income available for Common Stockholders Consolidated net incomeOther comprehensive income/(loss):Adjustment for fair market value of swapsConsolidated comprehensive incomeComprehensive income allocated to non-controlling interests – Common OP Units Comprehensive income attributable to Common Stockholders Earnings per Common Share – Basic Earnings per Common Share – Fully Diluted Weighted average Common Shares outstanding – BasicWeighted average Common Shares outstanding – Fully Diluted Equity LifeStyle Properties, Inc.Consolidated Statements of Cash Flows(amounts in thousands)(unaudited) Cash Flows From Operating Activities:Consolidated net income Adjustments to reconcile consolidated net income to net cash provided by operating activities:Depreciation and amortizationAmortization of loan costsEquity in (income)/loss of unconsolidated joint venturesDistributions of income from unconsolidated joint venturesProceeds