BusinessWire reports Funds From Operations (FFO) for Equity Lifestyle Properties, Inc. (ELS) for the three months ending June 30, 2012 were nearly $20 million more than the comparable three months in 2011–$47.8 million versus $28.2 million. Net income for the three months ending June 30, 2012, however, was $2.1 million versus $6.8 million for the same period of 2011. For the six months ending June 30, 2012 FFO was $106.6 million as compared to $69.7 million for the same period 2011. Net income for Jan.-June 30, 2012 was $14.5 million as compared to $25.8 million for the first six months of 2011. The company will host a conference call Tue. July 17, at 10:00 AM Central time to discuss these and other results. MHProNews.com has learned ELS has an interest in or owns 382 properties consisting of 141,077 sites.
(Image credit: Equity Lifestyle Properties, Inc.)