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Equity Lifestyle Properties ELS Membership Subscription — Contract with Customer, Liability, Revenue Recognized
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Where this comes from
Reported directly by Equity Lifestyle Properties in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.
The source filing: Equity Lifestyle Properties’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 5:24 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-050244
| Line item | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|
| Distributions of income from unconsolidated joint ventures | 211 | 147 |
| Proceeds from insurance claims, net | (9,190) | (405) |
| Compensation expense related to incentive plans | 4,335 | 5,009 |
| Revenue recognized from membership upgrade sales upfront payments | (7,456) | (6,572) |
| Commission expense related to memberships sales | 3,383 | 2,271 |
| Changes in assets and liabilities: | ||
| Manufactured homes, net | (30,543) | (17,055) |
| Notes receivable, net | 5,949 | 6,498 |
Item 1. Financial Statements
FAQ
- What is Equity Lifestyle Properties's membership subscription — contract with customer, liability, revenue recognized?
- Equity Lifestyle Properties (ELS) reported membership subscription — contract with customer, liability, revenue recognized of $3.76M in Q2 2026.
- How has Equity Lifestyle Properties's membership subscription — contract with customer, liability, revenue recognized changed year-over-year?
- Equity Lifestyle Properties's membership subscription — contract with customer, liability, revenue recognized increased by 12.1% year-over-year, from $3.35M to $3.76M.
- What is the long-term trend for Equity Lifestyle Properties's membership subscription — contract with customer, liability, revenue recognized?
- Over 3 years (2021 to 2025), Equity Lifestyle Properties's membership subscription — contract with customer, liability, revenue recognized has grown at a 7.1% compound annual growth rate (CAGR), from $11.19M to $13.74M.
- What does membership subscription — contract with customer, liability, revenue recognized mean?
- This represents the portion of previously deferred membership subscription liabilities that has been converted into recognized revenue during the current reporting period. It reflects the actual delivery of services or access to members, serving as a measure of realized performance for the subscription segment. This metric is essential for understanding the timing and velocity of revenue conversion from the company's membership base.
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