Sun Communities Operating Lease Liabilities (Total) decreased by 6.7% to $36.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $34.00M to $36.40M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities (Total) shows a downward trend with a -4.8% CAGR.
An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.
This represents the total present value of future lease payments for operating leases, recognized as a liability on the...
Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.
operating_lease_liabilities_total| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $46.51M | $77.74M | $117.08M | $129.20M | $132.10M | $155.60M | $152.70M | $160.30M | $160.00M | $161.10M | $162.10M | $159.50M | $161.60M | $163.80M | $163.00M | $34.50M | $34.00M | $35.90M | $40.30M | $39.00M | $36.40M |
| QoQ Change | — | +67.2% | +50.6% | +10.4% | +2.2% | +17.8% | -1.9% | +5.0% | -0.2% | +0.7% | +0.6% | -1.6% | +1.3% | +1.4% | -0.5% | -78.8% | -1.4% | +5.6% | +12.3% | -3.2% | -6.7% |
| YoY Change | — | — | — | — | +184.0% | +100.2% | +30.4% | +24.1% | +21.1% | +3.5% | +6.2% | -0.5% | +1.0% | +1.7% | +0.6% | -78.4% | -79.0% | -78.1% | -75.3% | +13.0% | +7.1% |