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Operating Revenue By Segment
Tracks revenue generated from operations, offering a view of income sources and segment performance. This metric helps evaluate growth trends and revenue diversification.Same‑store revenue — the business’s core — has largely flattened since its 2024 peak, signaling persistent lease‑pricing pressure and seasonality; management’s call confirms the headwind (Q1 negative new‑lease comps) but points to clear sequential improvement, strong occupancy and low delinquencies that could drive a rebound into summer. The volatility in non‑same‑store and lease‑up revenue tracks development timing and fewer starts (management trimmed spend), so recent upticks reflect project phasing more than sustainable growth — watch Q2–Q3 lease‑over‑lease and stabilization for true momentum.
Date | Same Store | Non-Same Store | Lease-Up & Development Communities | Commercial Property & Land |
|---|---|---|---|---|
Jun 30, 2026 | $517.44M | $22.61M | $8.02M | $7.05M |
Mar 31, 2026 | $516.98M | $22.05M | $7.73M | $6.96M |
Dec 31, 2025 | $518.52M | $22.90M | $6.28M | $7.86M |
Sep 30, 2025 | $520.86M | $20.32M | $6.44M | $6.75M |
Jun 30, 2025 | $518.96M | $13.69M | $10.49M | $6.77M |
Mar 31, 2025 | $518.83M | $13.12M | $10.58M | $6.77M |
Dec 31, 2024 | $520.13M | $11.89M | $11.35M | $6.46M |
Sep 30, 2024 | $523.53M | $13.31M | $7.78M | $6.50M |
Jun 30, 2024 | $521.54M | $11.46M | $6.91M | $6.52M |
Mar 31, 2024 | $519.63M | $12.20M | $5.23M | $6.57M |