text: **Five‑Year Summary**(1) 
  *In thousands (except per share data)*
  
  **Statement of Income Information** 2011 
  
  Net operating income  $76,352 
  
  income from home sales  $486 
  
  equity income  $13 
  
  corporate income  $94 
  
  Financing costs 
  
  Administration 
  
  Gain on debt settlement 
  
  Depreciation and amortization 
  
  Fair value gains 
  
  Loss on disposition 
  
  Future tax recovery 
  
  Current tax expense 
  
  Deferred tax expense 
  
  net income (loss) 
  
  Net income (loss) attributable to common shareholders  **$39,779**
  
  Net income (loss) per share ‑ basic  **$0.74**
  
  Net income (loss) per share ‑ diluted  **$0.69**
  
  **Funds From Operations (FFO)**(2) 
  
  FFo  **$38,770**
  
  FFo per share  **$0.72**
  
  **Balance Sheet Information**
  
  total assets  **$1,532,431** $1,443,128  $1,329,531  $1,116,333  $739,373 
  
  Total liabilities  **$928,371** $854,692  $816,988  $689,292  $562,171 
  
  total equity  **$604,060** $588,436  $512,543  $427,041  $177,202 