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Equity Lifestyle Properties ELS Property Operations — Real estate taxes
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Where this comes from
Reported directly by Equity Lifestyle Properties in its filing.
Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.
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
| (amounts in thousands) | Quarters Ended June 30, 2026 | Quarters Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Payroll | 32,936 | 31,815 | 61,376 | 60,086 |
| Repairs and maintenance | 30,849 | 29,495 | 55,274 | 52,384 |
| Insurance and other | 25,373 | 26,050 | 51,012 | 52,039 |
| Real estate taxes | 21,826 | 21,845 | 43,926 | 43,488 |
| Membership sales and marketing | 4,551 | 4,062 | 8,388 | 7,993 |
| Cost of ancillary services | 6,718 | 6,177 | 10,946 | 10,622 |
| Ancillary operating expenses | 5,772 | 5,567 | 11,025 | 10,431 |
| Property management | 21,845 | 20,723 | 40,516 | 41,153 |
Item 1. Financial Statements
FAQ
- What is Equity Lifestyle Properties's property operations — real estate taxes?
- Equity Lifestyle Properties (ELS) reported property operations — real estate taxes of $21.83M in Q2 2026.
- How has Equity Lifestyle Properties's property operations — real estate taxes changed year-over-year?
- Equity Lifestyle Properties's property operations — real estate taxes decreased by 0.1% year-over-year, from $21.85M to $21.83M.
- What is the long-term trend for Equity Lifestyle Properties's property operations — real estate taxes?
- Over 4 years (2021 to 2025), Equity Lifestyle Properties's property operations — real estate taxes has grown at a 4.0% compound annual growth rate (CAGR), from $72.67M to $85.15M.
- What does property operations — real estate taxes mean?
- This metric captures the total property tax obligations paid to local and state jurisdictions for the real estate portfolio. It is a critical non-discretionary expense that fluctuates based on property assessments and local tax rate changes. Investors track this to understand the impact of local fiscal policies on net operating income.
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