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              [html]<thead><tr><tdrowspan="2"></td><tdcolspan="4">2013</td><tdcolspan="4">2012</td></tr><tr><td>Q4</td><td>Q3</td><td>Q2</td><td>Q1</td><td>Q4</td><td>Q3</td><td>Q2</td><td>Q1</td></tr></thead><tbody><tr><td>Property revenue</td><td>$ 36.262</td><td>$ 37.095</td><td>$ 34.506</td><td>$ 33.249</td><td>$ 33.360</td><td>$ 33.894</td><td>$ 33.679</td><td>$ 32.631</td></tr><tr><td>Operating expenses</td><td>14.863</td><td>13.845</td><td>14.281</td><td>15.083</td><td>13.801</td><td>12.452</td><td>13.161</td><td>13.781</td></tr><tr><td>Net operating income</td><td>21.399</td><td>23.250</td><td>20.225</td><td>18.166</td><td>19.559</td><td>21.442</td><td>20.518</td><td>18.850</td></tr><tr><td>Operating margin %</td><td>59.0 %</td><td>62.7 %</td><td>58.6 %</td><td>54.6 %</td><td>58.6 %</td><td>63.3 %</td><td>60.9 %</td><td>57.8 %</td></tr><tr><td>Home sale income</td><td>66</td><td>44</td><td>154</td><td>59</td><td>101</td><td>93</td><td>231</td><td>44</td></tr><tr><td>Equity & other income ( loss )</td><td>165</td><td>484</td><td>1.031</td><td>362</td><td>527</td><td>439</td><td>508</td><td>322</td></tr><tr><td>Net ( loss ) income applicable to common shareholders</td><td>( 4.543 )</td><td>12.117</td><td>23.238</td><td>8.967</td><td>10.425</td><td>12.662</td><td>18.558</td><td>10.082</td></tr><tr><td>Per share ( basic )</td><td>( 0.10 )</td><td>0.22</td><td>0.43</td><td>0.17</td><td>0.20</td><td>0.26</td><td>0.37</td><td>0.20</td></tr><tr><td>FFO</td><td>9.812</td><td>11.668</td><td>9.478</td><td>7.812</td><td>8.732</td><td>10.721</td><td>9.179</td><td>7.463</td></tr><tr><td>FFO / share ( basic )</td><td>0.18</td><td>0.22</td><td>0.18</td><td>0.15</td><td>0.17</td><td>0.21</td><td>0.19</td><td>0.15</td></tr></tbody>
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