What changed in this filing

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Item 2. Properties

2021-02-25 compared with 2020-02-19 · 46 added, 5 removed, 14 unchanged (78% of the section changed)

As of December 31, 2020, we operated and managed 726 communities across 43 states, with the capacity to serve approximately 64,000 residents.

As of December 31, 2019 , we owned 330 communities, leased 333 communities, managed 17 communities for which we have an equity interest, and managed 83 communities on behalf of third parties.

As of December 31, 2020, we owned 350 communities, leased 301 communities, managed 72 communities on behalf of third parties, and managed three communities for which we have an equity interest.

Substantially all of our owned communities are subject to mortgage debt.

The following table sets forth certain information regarding our owned, leased, and managed communities as of December 31, 2019 .

Occupancy data includes the impact of managed communities.

The following table sets forth certain information regarding our owned, leased, and managed communities as of December 31, 2020, or, for occupancy, represents the weighted average occupancy for December 2020.

Number of Communities

State Units Owned Leased Managed Total

Texas 9,023 56 19 17 92

California 6,961 26 20 12 58

Florida 6,384 44 29 3 76

North Carolina 3,401 7 50 — 57

Number of Communities

State Units Owned Leased Managed Total

Colorado 3,380 13 11 5 29

Illinois 3,027 3 9 3 15

Ohio 2,971 15 15 6 36

Washington 2,833 15 18 — 33

Arizona 2,153 17 9 1 27

Oregon 1,805 12 11 — 23

Michigan 1,678 9 22 — 31

New York 1,500 10 9 2 21

Tennessee 1,494 16 6 1 23

Virginia 1,206 7 3 2 12

New Jersey 1,147 7 5 1 13

Kansas 1,114 8 10 — 18

Oklahoma 979 3 15 5 23

Missouri 913 2 — 2 4

Massachusetts 899 3 3 — 6

Indiana 830 4 4 1 9

Alabama 804 5 — — 5

Pennsylvania 766 7 3 — 10

Georgia 717 8 — 1 9

Wisconsin 712 5 7 2 14

Connecticut 636 2 3 1 6

South Carolina 611 4 6 1 11

Number of Communities

Maryland 560 3 — 3 6

Idaho 548 6 1 — 7

Minnesota 538 — 12 — 12

Rhode Island 532 3 — 1 4

Arkansas 494 4 — 1 5

Louisiana 486 6 — — 6

New Mexico 457 2 1 1 4

Mississippi 386 5 — — 5

Kentucky 283 3 — — 3

Nevada 256 4 — — 4

Montana 137 1 — 1 2

Delaware 105 2 — — 2

Vermont 101 1 — — 1

West Virginia 93 1 — — 1

New Hampshire 90 1 — — 1

Utah 55 — — 1 1

Wyoming 46 — — 1 1

Total 63,111 350 301 75 726

Occupancy rate (weighted average) 70.4 % 73.2 % 70.5 % 71.4 %

Corporate Offices

Our main corporate offices are leased, including our 107,713 square foot headquarters facility in Brentwood, Tennessee and our 156,016 square foot shared service facility in Milwaukee, Wisconsin.

Our main corporate offices are leased, including our 107,713 square foot headquarters in Brentwood, Tennessee and our 156,016 square foot office in Milwaukee, Wisconsin.

Legal Proceedings

4 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties