Form 8-K

8-K — UMH PROPERTIES, INC.

Accession: 0001493152-26-020648

Filed: 2026-04-30

Period: 2026-04-30

CIK: 0000752642

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-99.1 (ex99-1.htm)

EX-99.2 (ex99-2.htm)

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GRAPHIC (ex99-2_002.jpg)

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2026-04-30

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2026-04-30

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): April 30, 2026

UMH

Properties, Inc.

(Exact

name of registrant as specified in its charter)

Maryland

001-12690

22-1890929

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

Juniper Business Plaza, 3499

Route 9 North, Suite 3-C, Freehold, NJ

07728

(Address of principal executive

offices)

(Zip Code)

Registrant’s

telephone number, including area code: (732) 577-9997

Not

Applicable

(Former

name or former address, if changed since last report.)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant

to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant

to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications

pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of exchange on which registered

Common

Stock, $0.10 par value

UMH

New

York Stock Exchange

6.375%

Series D Cumulative Redeemable Preferred Stock, $0.10 par value

UMH

New

York Stock Exchange

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

2.02 Results

of Operations and Financial Condition.

Item

7.01 Regulation

FD Disclosure.

April 30, 2026, UMH Properties, Inc. issued a press release announcing the results for the first quarter ended March 31, 2026 and disclosed

a supplemental information package in connection with its earnings conference call for the first quarter ended March

31, 2026. A copy of the supplemental information package and press release is furnished with this report as Exhibit 99.1 and Exhibit

99.2 and is incorporated herein by reference.

The

information in this report and the exhibit attached hereto is being furnished, not filed, for the purposes of Section 18 of the Securities

Exchange Act of 1934, as amended, and pursuant to Item 2.02 and Item 7.01 of Form 8-K will not be incorporated by reference into any

filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

Forward-Looking

Statements

contained in this report, including the document that is incorporated by reference, that are not historical facts are forward-looking

statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section

21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995 (the “Exchange

Act”). All statements, other than statements of historical facts that address activities, events or developments where the Company

uses any of the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,”

“intends,” or similar expressions, are forward-looking statements. These forward-looking statements are not guaranteed and

are based on the Company’s current intentions and on the Company’s current expectations and assumptions. These statements,

intentions, expectations and assumptions involve risks and uncertainties, some of which are beyond the Company’s control that could

cause actual results or events to differ materially from those that the Company anticipates or projects, such as:

● changes

in the real estate market conditions and general economic conditions;

● the

inherent risks associated with owning real estate, including local real estate market conditions,

governing laws and regulations affecting manufactured housing communities and illiquidity

of real estate investments;

● increased

competition in the geographic areas in which we own and operate manufactured housing communities;

● our

ability to continue to identify, negotiate and acquire manufactured housing communities and/or

vacant land which may be developed into manufactured housing communities on terms favorable

to us;

● our

ability to maintain or increase rental rates and occupancy levels;

● changes

in market rates of interest;

● inflation

and increases in costs, including personnel, insurance and the cost of purchasing manufactured

homes;

● our

ability to purchase manufactured homes for rental or sale;

● our

ability to repay debt financing obligations;

● our

ability to refinance amounts outstanding under our credit facilities at maturity on terms

favorable to us;

● our

ability to comply with certain debt covenants;

● our

ability to integrate acquired properties and operations into existing operations;

● the

availability of other debt and equity financing alternatives;

● continued

ability to access the debt or equity markets;

● the

loss of any member of our management team;

● our

ability to maintain internal controls and processes to ensure all transactions are accounted

for properly, all relevant disclosures and filings are made in a timely manner in accordance

with all rules and regulations, and any potential fraud or embezzlement is thwarted or detected;

● the

ability of manufactured home buyers to obtain financing;

● the

level of repossessions by manufactured home lenders;

● market

conditions affecting our investment securities;

● changes

in federal or state tax rules or regulations that could have adverse tax consequences;

● our

ability to qualify as a real estate investment trust for federal income tax purposes;

● litigation,

judgments or settlements, including costs associated with prosecuting or defending claims

and any adverse outcomes;

● changes

in real estate and zoning laws and regulations;

● legislative

or regulatory changes, including changes to laws governing the taxation of REITs;

● risks

and uncertainties related to pandemics or other highly infectious or contagious diseases.

Item

9.01 Financial

Statements and Exhibits.

(d)

Exhibits.

99.1

Press Release dated April 30, 2026

99.2

Supplemental information package for the first quarter ended March 31, 2026

104

Cover Page Interactive Data File (embedded

within the Inline XBRL document)

SIGNATURE

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

UMH Properties, Inc.

Date:

April 30, 2026

By:

/s/

Anna T. Chew

Name:

Anna

T. Chew

Title:

Executive

Vice President and Chief Financial Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit 99.1

UMH PROPERTIES, INC.

Juniper Business Plaza

3499 Route 9 North, Suite 3-C

Freehold, NJ 07728

(732) 577-9997

Fax: (732) 577-9980

FOR

IMMEDIATE RELEASE

April

30, 2026

Contact:

Nelli Madden

732-577-9997

UMH

PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026

FREEHOLD,

NJ, April 30, 2026........ UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended March 31, 2026

of $65.8 million as compared to $61.2 million for the quarter ended March 31, 2025, representing an increase of 8%. Net Income Attributable

to Common Shareholders amounted to $2.6 million or $0.03 per diluted share for the quarter ended March 31, 2026 as compared to a Net

Loss of $271,000 or $0.00 per diluted share for the quarter ended March 31, 2025.

Funds

from Operations Attributable to Common Shareholders (“FFO”), was $18.1 million or $0.21 per diluted share for the quarter

ended March 31, 2026 as compared to $18.2 million or $0.22 per diluted share for the quarter ended March 31, 2025. Normalized Funds from

Operations Attributable to Common Shareholders (“Normalized FFO”), was $19.4 million or $0.23 per diluted share for the quarter

ended March 31, 2026, as compared to $18.8 million or $0.23 per diluted share for the quarter ended March 31, 2025.

summary of significant financial information for the three months ended March 31, 2026 and 2025 is as follows (in thousands except

per share amounts):

For the Three Months Ended

March 31,

2026

2025

Total Income

$ 65,838

$ 61,225

Total Expenses

$ 54,323

$ 51,651

Net Income (Loss) Attributable to Common Shareholders

$ 2,580

$ (271 )

Net Income (Loss) Attributable to Common Shareholders per Diluted Common Share

$ 0.03

$ (0.00 )

FFO (1)

$ 18,140

$ 18,172

FFO (1) per

Diluted Common Share

$ 0.21

$ 0.22

Normalized FFO (1)

$ 19,356

$ 18,820

Normalized FFO (1)

per Diluted Common Share

$ 0.23

Basic Weighted Average Shares Outstanding

84,998

82,391

Diluted Weighted Average Shares Outstanding

85,371

83,335

Page | 2

summary of significant balance sheet information as of March 31, 2026 and December 31, 2025 is as follows (in thousands):

March

31, 2026

December 31, 2025

Gross Real Estate Investments

$ 1,890,820

$ 1,869,390

Marketable Securities at Fair Value

$ 26,430

$ 23,758

Total Assets

$ 1,687,617

$ 1,699,036

Mortgages Payable, net

$ 554,041

$ 556,129

Loans Payable, net

$ 27,961

$ 27,696

Series A Bond Payable, net

$ 101,963

$ 101,751

Series B Bond Payable, net

$ 75,905

$ 75,651

Total Shareholders’ Equity

$ 896,034

$ 907,196

Samuel

A. Landy, President and CEO, commented on the results of the first quarter of 2026.

“We

are pleased to announce another solid quarter of operating results and an excellent start to 2026. During the quarter, we:

● Increased

Rental and Related Income by 9%;

● Increased

Community Net Operating Income (“NOI”) by 8%;

● Increased

Same Property Community NOI by 7%;

● Increased

Same Property Occupancy by 110 basis points from 87.9% to 89.0%; and

● Issued

and sold approximately 66,000 shares of Series D Preferred Stock through our At-the-Market

Sale Program at a weighted average price of $22.51 per share, generating gross proceeds and

net proceeds, after offering expenses, of $1.5 million.”

Samuel

A. Landy, President and CEO, commented, “UMH Properties delivered a stable first quarter in 2026, reflecting the strength and resilience

of our long-term business plan. Normalized FFO was $0.23 per share. Our earnings were affected by an unusually harsh winter which impacted

our home sales volume and increased our community operating expenses. Additionally, our interest expenses increased substantially over

last year as a result of our refinancings and the issuance of a new bonds offering. Interest on completed lots and added

rental units is expensed at the time of completion. This new debt capital will allow us to grow in the coming quarters as it is invested

and our investments become income producing. Our results and earnings should improve as we are able to obtain our annual rent increases,

invest in additional rental units, increase sales and complete additional acquisitions.”

Page | 3

“Our

communities continue to perform in line with our expectations. We are experiencing strong demand which is resulting in solid sales and

growing occupancy and revenue. Our same-property occupancy increased by 171 sites from year end 2025 and an increase of 412 occupied

sites year-over-year, driving a 7.1%, or $2.3 million, increase in NOI to $34.9 million. Rental home occupancy increased from 93.8% at

year end to 94.6% at the end of the first quarter. Additionally, we converted 142 new homes from inventory to revenue-generating rental

homes, expanding our rental portfolio to approximately 11,200 homes. Home sales remained robust despite the challenging winter, with

gross sales revenue reaching $7.1 million, including sales at Honey Ridge. We anticipate sales growth as we progress into our

peak selling seasons and begin selling homes into our newly opened expansions.”

“We

are tightening our guidance range and expect normalized FFO in the range of $0.98-$1.04 (3) per diluted share, or $1.01

per diluted share at the midpoint compared to previous FFO guidance range of $0.97-$1.05 per diluted share. As we head into the

seasonally strong spring and summer months, we anticipate continued growth in occupancy, NOI, and sales, delivering long-term value and

growing earnings to our shareholders.”

UMH

Properties, Inc. will host its First Quarter 2026 Financial Results Webcast and Conference Call. Senior management will discuss the results,

current market conditions and future outlook on Friday, May 1, 2026, at 10:00 a.m. Eastern Time.

The

Company’s 2026 first quarter financial results being released herein will be available on the Company’s website at www.umh.reit

in the “Financials” section.

participate in the webcast, select the webcast icon on the homepage of the Company’s website at www.umh.reit, in the Upcoming Events

section. Interested parties can also participate via conference call by calling toll free 877-513-1898 (domestically) or 412-902-4147

(internationally).

The

replay of the conference call will be available at 12:00 p.m. Eastern Time on Friday, May 1, 2026, and can be accessed by dialing toll

free 855-669-9658 (domestically) and 412-317-0088 (internationally) and entering the passcode 2161306. A transcript of the call and the

webcast replay will be available at the Company’s website, www.umh.reit.

UMH

Properties, Inc., which was organized in 1968, is a public equity REIT that currently owns and operates 145 manufactured home communities

containing approximately 27,100 developed homesites, of which contain 11,200 contain rental homes, and over 1,000 self-storage units.

These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina,

Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania,

containing 113 sites, that UMH has an ownership interest in and operates through its joint ventures with Nuveen Real Estate

Certain

statements included in this press release which are not historical facts may be deemed forward-looking statements within the meaning

of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are based on the Company’s current

expectations and involve various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking

statements are based on reasonable assumptions, the Company can provide no assurance those expectations will be achieved. The risks and

uncertainties that could cause actual results or events to differ materially from expectations are contained in the Company’s annual

report on Form 10-K and described from time to time in the Company’s other filings with the SEC. The Company undertakes no obligation

to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

Page | 4

Note:

(1) Non-GAAP

Information: We assess and measure our overall operating results based upon an industry performance

measure referred to as Funds from Operations Attributable to Common Shareholders (“FFO”),

which management believes is a useful indicator of our operating performance. FFO is used

by industry analysts and investors as a supplemental operating performance measure of a REIT.

FFO, as defined by The National Association of Real Estate Investment Trusts (“NAREIT”),

represents net income (loss) attributable to common shareholders, as defined by accounting

principles generally accepted in the United States of America (“U.S. GAAP”),

excluding certain gains or losses from sales of previously depreciated real estate assets,

impairment charges related to depreciable real estate assets, the change in the fair value

of marketable securities, and the gain or loss on the sale of marketable securities plus

certain non-cash items such as real estate asset depreciation and amortization. Included

in the NAREIT FFO White Paper - 2018 Restatement, is an option pertaining to assets incidental

to our main business in the calculation of NAREIT FFO to make an election to include or exclude

gains and losses on the sale of these assets, such as marketable equity securities, and include

or exclude mark-to-market changes in the value recognized on these marketable equity securities.

In conjunction with the adoption of the FFO White Paper - 2018 Restatement, for all periods

presented, we have elected to exclude the gains and losses realized on marketable securities

investments and the change in the fair value of marketable securities from our FFO calculation.

NAREIT created FFO as a non-U.S. GAAP supplemental measure of REIT operating performance.

We define Normalized Funds from Operations Attributable to Common Shareholders (“Normalized

FFO”), as FFO excluding certain one-time charges. FFO and Normalized FFO should be

considered as supplemental measures of operating performance used by REITs. FFO and Normalized

FFO exclude historical cost depreciation as an expense and may facilitate the comparison

of REITs which have a different cost basis. However, other REITs may use different methodologies

to calculate FFO and Normalized FFO and, accordingly, our FFO and Normalized FFO may not

be comparable to all other REITs. The items excluded from FFO and Normalized FFO are significant

components in understanding the Company’s financial performance.

FFO

and Normalized FFO (i) do not represent Cash Flow from Operations as defined by U.S. GAAP; (ii) should not be considered as alternatives

to net income (loss) as a measure of operating performance or to cash flows from operating, investing and financing activities; and (iii)

are not alternatives to cash flow as a measure of liquidity. FFO and Normalized FFO, as calculated by the Company, may not be comparable

to similarly titled measures reported by other REITs.

The

diluted weighted shares outstanding used in the calculation of FFO per Diluted Common Share and Normalized FFO per Diluted Common Share

were 85.4 million shares for the three months ended March 31, 2026 and 83.3 million shares for the three months ended March 31, 2025.

Common stock equivalents resulting from stock options in the amount of 373,000 for the year ended March 31, 2026 were included in the

computation of Diluted Net Income per share. Common stock equivalents resulting from stock options in the amount of 944,000 shares for

the three months ended March 31, 2025 were excluded from the computation of Diluted Net Loss per Share as their effect would have been

anti-dilutive.

Page | 5

The

reconciliation of the Company’s U.S. GAAP net loss to the Company’s FFO and Normalized FFO for the three months ended March

31, 2026 and 2025 are calculated as follows (in thousands):

Three Months Ended

March 31, 2026

March 31, 2025

Net Income (Loss) Attributable to Common Shareholders

$ 2,580

$ (271 )

Depreciation Expense

17,976

16,663

Depreciation Expense from Unconsolidated Joint Ventures

246

217

Loss on Sales of Investment Property and Equipment

(Increase) Decrease in Fair Value of Marketable Securities

(39,083 )

1,562

Loss on Marketable Securities, net

36,418

-0-

FFO Attributable to Common Shareholders

18,140

18,172

Amortization of Financing Costs

881

599

Non-Recurring Other Expense (2)

335

Normalized FFO Attributable to Common Shareholders

$ 19,356

$ 18,820

(2) Consists

of one-time legal and professional fees for the three months ended March 31, 2026 and 2025.

The

following are the cash flows provided by (used in) operating, investing and financing activities for the three months ended March 31,

2026 and 2025 (in thousands):

2026

2025

Operating Activities

$ 20,844

$ 12,779

Investing Activities

(33,187 )

(56,411 )

Financing Activities

(22,612 )

(18,693 )

(3) The

following table reconciles Net Income Attributable to Common Shareholders per share –

fully diluted guidance to FFO Attributable to Common Shareholders per share - fully diluted

guidance and Normalized FFO Attributable to Common Shareholders per share - fully diluted

guidance:

Full Year Guidance 2026

Net Income Attributable to Common Shareholders per share – fully diluted

$0.07-$0.13

Depreciation

$0.85

FFO Attributable to Common Shareholders per share - fully diluted

$0.92-$0.98

Amortization of Financing Costs and Non- Recurring Other Expenses

$.06

Normalized FFO Attributable to Common Shareholders per share - fully diluted

$0.98-$1.04

EX-99.2

Filename: ex99-2.htm · Sequence: 3

Exhibit

99.2

Table

of Contents

Page

Financial Highlights

Consolidated Balance Sheets

Consolidated Statements of Income (Loss)

Consolidated Statements of Cash Flows

Reconciliation of Net Income to Adjusted EBITDA excluding Non-Recurring Other Expense and Net Income (Loss) Attributable to Common Shareholders to FFO and Normalized FFO

Market Capitalization, Debt and Coverage Ratios

Debt Analysis

Debt Maturity

Securities Portfolio Performance

Property Summary and Snapshot

Same Property Statistics

Acquisitions Summary and Property Portfolio

Definitions

Certain

information in this Supplemental Information Package contains Non-GAAP financial measures. These Non-GAAP financial measures are REIT

industry financial measures that are not calculated in accordance with accounting principles generally accepted in the United States

of America. Please see page 15 for a definition of these Non-GAAP financial measures and page 7 for the reconciliation of certain captions

in the Supplemental Information Package to the statement of operations as reported in the Company’s filings with the SEC on Form

10-Q.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 2

Financial

Highlights

(dollars

in thousands except per share amounts) (unaudited)

Three

Months Ended

March

31, 2026

March

31, 2025

Operating

Information

Number of Communities (1)

145

141

Total Sites (1)

27,114

26,508

Rental and Related Income

$ 59,469

$ 54,574

Community Operating Expenses

(2)

$ 25,236

$ 23,011

Community NOI (2)

$ 34,233

$ 31,563

Expense Ratio

42.4 %

42.2 %

Sales of Manufactured Homes

$ 6,369

$ 6,651

Number of Homes Sold

Number of Rentals Added, net

121

109

Net Income

$ 7,689

$ 4,810

Net Income (Loss) Attributable to Common Shareholders

$ 2,580

$ (271 )

Adjusted EBITDA excluding Non-Recurring Other

Expense

$ 32,826

$ 29,385

FFO Attributable to Common Shareholders

$ 18,140

$ 18,172

Normalized FFO Attributable to Common Shareholders

$ 19,356

$ 18,820

Shares Outstanding

and Per Share Data

Weighted Average Shares Outstanding

Basic

84,998

82,391

Diluted

85,371

83,335

Net Income Attributable to Shareholders per

Share-

Basic and Diluted

$ 0.03

$ (0.00 )

FFO per Share- (3)

Basic and Diluted

$ 0.21

$ 0.22

Normalized FFO per Share- (3)

Basic and Diluted

$ 0.23

Dividends per Common Share

$ 0.225

$ 0.215

Balance

Sheet

Total Assets

$ 1,687,617

$ 1,549,306

Total Liabilities

$ 791,583

$ 635,111

Market

Capitalization

Total Debt, Net of Unamortized Debt Issuance

Costs

$ 759,870

$ 606,301

Equity Market Capitalization

$ 1,228,523

$ 1,548,830

Series D Preferred Stock

$ 324,552

$ 321,804

Total Market Capitalization

$ 2,312,945

$ 2,476,935

(1) Includes

Sebring Square, Rum Runner and Honey Ridge, three communities owned in joint ventures with

Nuveen Real Estate in which the company has a 40% interest.

(2) Excludes

non-recurring legal and professional fees of $76 and $18 for the three months ended March

31, 2026 and 2025, respectively.

(3)

Please see Definitions on page 15.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 3

Consolidated

Balance Sheets

(in

thousands except per share amounts)

March

31, 2026

December

31, 2025

(unaudited)

ASSETS

Investment Property and

Equipment

Land

$ 92,824

Site and Land Improvements

1,099,430

1,093,424

Buildings and Improvements

51,538

51,524

Rental Homes and Accessories

647,028

631,618

Total Investment Property

1,890,820

1,869,390

Equipment and Vehicles

36,726

35,889

Total Investment Property

and Equipment

1,927,546

1,905,279

Accumulated Depreciation

(550,699 )

(533,864 )

Net

Investment Property and Equipment

1,376,847

1,371,415

Other Assets

Cash and Cash Equivalents

37,410

72,100

Marketable Securities at Fair Value

26,430

23,758

Inventory of Manufactured Homes

44,399

42,370

Notes and Other Receivables, net

105,973

104,587

Prepaid Expenses and Other Assets

15,548

13,778

Land Development Costs

49,729

39,898

Investment in Joint Ventures

31,281

31,130

Total

Other Assets

310,770

327,621

TOTAL

ASSETS

$ 1,687,617

$ 1,699,036

LIABILITIES AND SHAREHOLDERS’

EQUITY

Liabilities

Mortgages Payable, net

of unamortized debt issuance costs

$ 554,041

$ 556,129

Other Liabilities

Accounts Payable

6,979

5,663

Loans Payable, net of unamortized debt issuance

costs

27,961

27,696

Series A Bonds, net of unamortized debt issuance

costs

101,963

101,751

Series B Bonds, net of unamortized debt issuance

costs

75,905

75,651

Accrued Liabilities and Deposits

13,593

14,115

Tenant Security Deposits

11,141

10,835

Total

Other Liabilities

237,542

235,711

Total

Liabilities

791,583

791,840

COMMITMENTS AND CONTINGENCIES

Shareholders’ Equity:

Series D- 6.375% Cumulative Redeemable Preferred

Stock, $0.10 par value per share: 18,700 shares authorized as of March 31, 2026 and December 31, 2025; 12,982 and 12,916 shares issued

and outstanding as of March 31, 2026 and December 31, 2025, respectively

324,552

322,899

Common Stock- $0.10 par value per share:

183,714 shares authorized as of March 31, 2026 and December 31, 2025, respectively; 85,137 and 84,850 shares issued and outstanding

as of March 31, 2026 and December 31, 2025, respectively

8,514

8,485

Excess Stock- $0.10 par value per share:

3,000 shares authorized; no shares issued or outstanding as of March 31, 2026 and December 31, 2025

-0-

Additional Paid-In Capital

586,740

599,520

Accumulated Deficit

(25,364 )

Total

UMH Properties, Inc. Shareholders’ Equity

894,442

905,540

Non-Controlling Interest

in Consolidated Subsidiaries

1,592

1,656

Total

Shareholders’ Equity

896,034

907,196

TOTAL

LIABILITIES AND SHAREHOLDERS’ EQUITY

$ 1,687,617

$ 1,699,036

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 4

Consolidated

Statements of Income (Loss)

(in

thousands except per share amounts) (unaudited)

Three

Months Ended

March

31, 2026

March

31, 2025

INCOME:

Rental and Related Income

$ 59,469

$ 54,574

Sales of Manufactured

Homes

6,369

6,651

TOTAL

INCOME

65,838

61,225

EXPENSES:

Community Operating Expenses

25,312

23,029

Cost of Sales of Manufactured Homes

4,076

4,345

Selling Expenses

1,867

1,615

General and Administrative Expenses

5,092

5,999

Depreciation Expense

17,976

16,663

TOTAL

EXPENSES

54,323

51,651

OTHER INCOME (EXPENSE):

Interest Income

2,174

2,263

Dividend Income

302

374

Loss on Marketable Securities, net

(36,418 )

-0-

Increase (Decrease) in Fair Value of Marketable

Securities

39,083

(1,562 )

Other Income

195

177

Loss on Investment in Joint Ventures

(64 )

(81 )

Interest Expense

(9,095 )

(5,934 )

TOTAL

OTHER INCOME (EXPENSE)

(3,823 )

(4,763 )

Income before Loss on Sales of Investment Property

and Equipment

7,692

4,811

Loss on Sales of Investment

Property and Equipment

(3 )

(1 )

NET INCOME

7,689

4,810

Preferred Dividends

(5,173 )

(5,129 )

Loss Attributable to Non-Controlling

Interest

NET

INCOME (LOSS) ATTRIBUTABLE TO COMMON

SHAREHOLDERS

$ 2,580

$ (271 )

NET

INCOME (LOSS) ATTRIBUTABLE TO COMMON

SHAREHOLDERS

PER SHARE –

Basic

and Diluted

$ 0.03

$ (0.00 )

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:

Basic

84,998

82,391

Diluted

85,371

83,335

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 5

Consolidated

Statements of Cash Flows

(in

thousands) (unaudited)

Three

Months Ended

March

31, 2026

March

31, 2025

CASH FLOWS FROM OPERATING

ACTIVITIES:

Net Income

$ 7,689

$ 4,810

Non-Cash Items Included in Net Income:

Depreciation

17,976

16,663

Amortization of Financing

Costs

881

599

Stock Compensation Expense

1,152

1,813

Provision for Uncollectible

Notes and Other Receivables

407

450

Loss on Marketable Securities,

net

36,418

-0-

(Increase) Decrease in

Fair Value of Marketable Securities

(39,083 )

1,562

Loss on Sales of Investment

Property and Equipment

Loss on Investment in Joint

Ventures

158

185

Changes in Operating Assets and Liabilities:

Inventory of Manufactured

Homes

(2,029 )

(6,026 )

Notes and Other Receivables,

net of notes acquired with acquisitions

(1,793 )

(3,432 )

Prepaid Expenses and Other

Assets

(2,035 )

441

Accounts Payable

1,316

(889 )

Accrued Liabilities and

Deposits

(522 )

(3,574 )

Tenant

Security Deposits

306

176

Net

Cash Provided by Operating Activities

20,844

12,779

CASH FLOWS FROM INVESTING

ACTIVITIES:

Purchase of Manufactured

Home Communities

-0-

(25,367 )

Purchase of Investment

Property and Equipment

(24,394 )

(20,656 )

Proceeds from Sales of

Investment Property and Equipment

983

1,003

Additions to Land Development

Costs

(9,460 )

(10,611 )

Purchase of Marketable

Securities through automatic reinvestments

(7 )

Investment

in Joint Ventures

(309 )

(773 )

Net

Cash Used in Investing Activities

(33,187 )

(56,411 )

CASH FLOWS FROM FINANCING

ACTIVITIES:

Net Payments from Short-Term

Borrowings

126

371

Principal Payments of Mortgages

and Loans

(2,340 )

(9,391 )

Financing Costs on Debt

(24 )

-0-

Proceeds from At-The-Market

Preferred Equity Program, net of offering costs

1,464

982

Proceeds from At-The-Market

Common Equity Program, net of offering costs

-0-

9,237

Proceeds from Issuance

of Common Stock in the DRIP, net of dividend reinvestments

1,306

1,776

Proceeds from Exercise

of Stock Options

354

Preferred Dividends Paid

(5,173 )

(5,129 )

Common

Dividends Paid, net of dividend reinvestments

(18,068 )

(16,893 )

Net

Cash Used in Financing Activities

(22,612 )

(18,693 )

NET DECREASE IN CASH, CASH

EQUIVALENTS AND RESTRICTED CASH

(34,955 )

(62,325 )

CASH,

CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD

80,926

108,811

CASH,

CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD

$ 45,971

$ 46,486

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 6

Reconciliation

of Net Income to Adjusted EBITDA and Net Income (Loss) Attributable to Common Shareholders to FFO and Normalized FFO

(in

thousands) (unaudited)

Three

Months Ended

March

31, 2026

March

31, 2025

Net Income

$ 7,689

$ 4,810

Interest Expense

9,095

5,934

Franchise Taxes

150

Depreciation Expense

17,976

16,663

Depreciation Expense from Unconsolidated Joint

Ventures

246

217

(Increase) Decrease in Fair Value of Marketable

Securities

(39,083 )

1,562

Loss on Marketable Securities,

net

36,418

-0-

Adjusted EBITDA

32,491

29,336

Non-Recurring

Other Expense (1)

335

Adjusted

EBITDA excluding Non-Recurring Other Expense

$ 32,826

$ 29,385

Reconciliation of Net Income

(Loss) Attributable to Common Shareholders to Funds from Operations

Net Income (Loss) Attributable to Common Shareholders

$ 2,580

$ (271 )

Depreciation Expense

17,976

16,663

Depreciation Expense from Unconsolidated Joint

Ventures

246

217

Loss on Sales of Investment Property and Equipment

(Increase) Decrease in Fair Value of Marketable

Securities

(39,083 )

1,562

Loss on Marketable Securities,

net

36,418

-0-

Funds from Operations Attributable

to Common Shareholders (“FFO”)

18,140

18,172

Adjustments:

Amortization of Financing Costs

881

599

Non-Recurring

Other Expense (1)

335

Normalized

Funds from Operations Attributable to Common Shareholders (“Normalized FFO”)

$ 19,356

$ 18,820

(1)

Consists

of one-time legal and professional fees for the three months ended March 31, 2026 and 2025.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 7

Market

Capitalization, Debt and Coverage Ratios

(in

thousands except per share data) (unaudited)

Three

Months Ended

Year

Ended

March

31, 2026

March

31, 2025

December

31, 2025

Shares Outstanding

85,137

82,825

84,850

Market Price Per Share

$ 14.43

$ 18.70

$ 15.91

Equity Market Capitalization

$ 1,228,523

$ 1,548,830

1,349,971

Total Debt

759,870

606,301

761,227

Preferred

324,552

321,804

322,899

Total

Market Capitalization

$ 2,312,945

$ 2,476,935

$ 2,434,097

Total Debt

$ 759,870

$ 606,301

$ 761,227

Less: Cash and Cash Equivalents

(37,410 )

(35,199 )

(72,100 )

Net Debt

722,460

571,102

689,127

Less: Marketable Securities

at Fair Value (“Securities”)

(26,430 )

(30,328 )

(23,758 )

Net

Debt Less Securities

$ 696,030

$ 540,774

$ 665,369

Interest Expense

$ 9,095

$ 5,934

$ 29,683

Capitalized Interest

1,474

1,291

5,928

Preferred Dividends

5,173

5,129

20,533

Total

Fixed Charges

$ 15,742

$ 12,354

$ 56,144

Adjusted

EBITDA excluding Non-Recurring Other Expense

$ 32,826

$ 29,385

$ 127,284

Debt and Coverage Ratios

Net Debt / Total Market

Capitalization

31.2 %

23.1 %

28.3 %

Net Debt Plus Preferred

/ Total Market Capitalization

45.3 %

36.0 %

41.6 %

Net Debt Less Securities

/ Total Market Capitalization

30.1 %

21.8 %

27.3 %

Net Debt Less Securities

Plus Preferred / Total Market

Capitalization

44.1 %

34.8 %

40.6 %

Interest Coverage

3.1 x

4.1 x

3.6 x

Fixed Charge Coverage

2.1 x

2.4 x

2.3 x

Net Debt / Adjusted

EBITDA excluding Non-Recurring

Other Expense

5.5 x

4.9 x

5.4 x

Net Debt Less Securities

/ Adjusted EBITDA excluding

Non-Recurring Other Expense

5.3 x

4.6 x

5.2 x

Net Debt Plus Preferred

/ Adjusted EBITDA excluding

Non-Recurring Other Expense

8.0 x

7.6 x

8.0 x

Net Debt Less Securities

Plus Preferred / Adjusted EBITDA excluding Non-Recurring Other Expense

7.8 x

7.3 x

7.8 x

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 8

Debt

Analysis

(in

thousands) (unaudited)

Three

Months Ended

Year

Ended

March

31, 2026

March

31, 2025

December

31, 2025

Debt Outstanding

Mortgages Payable:

Fixed Rate

Mortgages

$ 559,779

479,879

$ 562,095

Unamortized

Debt Issuance Costs

(5,738 )

(3,507 )

(5,966 )

Mortgages,

Net of Unamortized Debt Issuance Costs

$ 554,041

$ 476,372

$ 556,129

Loans Payable:

Unsecured Line of Credit

$ -0-

Other

Loans Payable

28,567

29,883

28,464

Total Loans Before Unamortized

Debt Issuance Costs

28,567

29,883

28,464

Unamortized

Debt Issuance Costs

(606 )

(1,069 )

(768 )

Loans,

Net of Unamortized Debt Issuance Costs

$ 27,961

$ 28,814

$ 27,696

Series A Bonds Payable:

Series A Bonds

$ 102,670

Unamortized

Debt Issuance Costs

(707 )

(1,555 )

(919 )

Series

A Bonds, Net of Unamortized Debt Issuance

Costs

$ 101,963

$ 101,115

$ 101,751

Series B Bonds Payable:

Series B Bonds

$ 80,230

$ -0-

$ 80,230

Unamortized

Debt Issuance Costs

(4,325 )

-0-

(4,579 )

Series

B Bonds, Net of Unamortized Debt Issuance

Costs

$ 75,905

$ -0-

$ 75,651

Total

Debt, Net of Unamortized Debt Issuance Costs

$ 759,870

$ 606,301

$ 761,227

% Fixed/Floating

Fixed

99.3 %

99.0 %

99.3 %

Floating

0.7 %

1.0 %

0.7 %

Total

100.0 %

Weighted Average Interest

Rates (1)

Mortgages Payable

4.75 %

4.18 %

4.73 %

Loans Payable

6.35 %

6.50 %

6.38 %

Series A Bonds Payable

4.72 %

Series B Bonds Payable

5.85 %

N/A

5.85 %

Total Average

4.92 %

4.39 %

4.90 %

Weighted Average Maturity (Years)

Mortgages

Payable

5.9

4.2

6.1

(1)

Weighted average interest

rates do not include the effect of unamortized debt issuance costs.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 9

Debt

Maturity

(in

thousands) (unaudited)

As of March 31, 2026:

Year

Ended

Mortgages

Loans

Bonds

Total

of Total

2026

$ 37,796

$ 5,417

$ -0-

$ 43,213

5.6 %

2027

36,773

-0-

102,670 (1)

139,443

18.1 %

2028

23,802

23,150

-0-

46,952

6.1 %

2029

38,522

-0-

38,522

5.0 %

2030

113,790

-0-

80,230 (2)

194,020

25.1 %

Thereafter

309,096

-0-

309,096

40.1 %

Total Debt Before Unamortized Debt Issuance

Costs

559,779

28,567

182,900

771,246

100.0 %

Unamortized Debt Issuance

Costs

(5,738 )

(606 )

(5,032 )

(11,376 )

Total

Debt, Net of Unamortized Debt Issuance Costs

$ 554,041

$ 27,961

$ 177,868

$ 759,870

(1)

Represents $102.7 million balance outstanding of the

Company’s Series A Bonds due February 28, 2027.

(2)

Represents $80.2 million balance outstanding of the

Company’s Series B Bonds due June 30, 2030.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 10

Securities Portfolio Performance

(in

thousands) (unaudited)

Year

Ended

Securities

Available

for Sale

Dividend

Income

Net

Realized Gain

(Loss)

on Securities

Net

Realized Gain

(Loss)

on Securities &

Dividend

Income

2010-2016

$ 108,755

$ 26,101

$ 16,903

$ 43,004

2017

132,964

8,135

1,747

9,882

2018

99,596

10,367

10,387

2019

116,186

7,535

-0-

7,535

2020

103,172

5,729

-0-

5,729

2021

113,748

5,098

2,342

7,440

2022

42,178

2,903

6,394

9,297

2023

34,506

2,318

183

2,501

2024

31,883

1,452

(3,778 )

(2,326 )

2025

23,758

1,477

(221 )

1,256

2026*

26,430

302

(36,418 )

(36,116 )

$ 71,417

$ (12,828 )

$ 58,589

For the three months ended March 31, 2026.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 11

Property

Summary and Snapshot

(unaudited)

March

31, 2026

March

31, 2025

Change

UMH Communities

(1)

142

139

2.2 %

Total Sites

26,644

26,150

1.9 %

Occupied Sites

23,606

22,996

610

sites, 2.7 %

Occupancy %

88.6 %

87.9 %

bps

Total Rentals

11,025

10,442

5.6 %

Occupied Rentals

10,430

9,873

5.6 %

Rental Occupancy %

94.6 %

bps

Monthly Rent Per Site

$ 581

$ 554

4.9 %

Monthly Rent Per Home Rental Including Site

$ 1,060

$ 1,007

5.3 %

State

Number

Total

Acreage

Developed

Acreage

Vacant

Acreage

Total

Sites

Occupied

Sites

Occupancy

Percentage

Monthly

Rent

Per

Site

Total

Rentals

Occupied

Rentals

Rental

Occupancy

Percentage

Monthly

Rent

Per

Home

Rental (3)

Pennsylvania

2,392

1,909

483

7,999

7,043

88.0 %

$ 607

3,347

3,121

93.2 %

$ 1,051

Ohio

2,069

1,557

512

7,374

6,608

89.6 %

$ 536

3,238

3,082

95.2 %

$ 1,013

Indiana

1,111

929

182

4,102

3,700

90.2 %

$ 545

2,070

1,965

94.9 %

$ 1,054

Tennessee

733

407

326

2,063

1,902

92.2 %

$ 604

966

930

96.3 %

$ 1,104

New York (2)

819

327

492

1,368

1,206

88.2 %

$ 675

517

478

92.5 %

$ 1,225

New Jersey

428

264

164

1,530

1,453

95.0 %

$ 748

87.5 %

$ 1,370

Michigan

241

222

1,090

966

88.6 %

$ 544

434

423

97.5 %

$ 1,121

Maryland

159

124

260

218

83.8 %

$ 650

-0-

N/A

Alabama

292

168

57.5 %

$ 262

153

144

94.1 %

$ 1,129

South Carolina

157

102

321

244

76.0 %

$ 314

191

189

99.0 %

$ 1,146

Georgia

-0-

245

40.0 %

$ 396

91.3 %

$ 1,203

Total UMH as of March

31, 2026

142

8,244

5,922

2,322

26,644

23,606

88.6 %

$ 581

11,025

10,430

94.6 %

$ 1,060

(1)

Excludes two Florida communities and one Pennsylvania

community owned through joint ventures with Nuveen Real Estate in which the company has a 40% interest.

(2)

Total and Vacant Acreage of 220 acres for

Mountain View Estates property is included in the above summary.

(3)

Includes home and site rent charges.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 12

Same

Property Statistics

(in

thousands) (unaudited)

For

Three Months Ended

March

31, 2026

March

31, 2025

Change

Same Property

Community Net Operating Income (“NOI”)

Rental and

Related Income

$ 57,865

$ 53,802

$ 4,063

7.6 %

Community

Operating Expenses

22,981

21,238

1,743

8.2 %

Same

Property Community NOI

$ 34,884

$ 32,564

$ 2,320

7.1 %

March

31, 2026

March

31, 2025

Change

Total Sites

25,777

25,608

0.7 %

Occupied Sites

22,930

22,518

412

sites, 1.8 %

Occupancy %

89.0 %

87.9 %

110

bps

Number of Properties

135

N/A

Total Rentals

10,852

10,283

5.5 %

Occupied Rentals

10,270

9,718

5.7 %

Rental Occupancy

94.6 %

94.5 %

bps

Monthly Rent Per Site

$ 581

$ 553

5.1 %

Monthly Rent Per Home Rental Including Site

$ 1,058

$ 1,004

5.4 %

Same

Property includes all UMH communities owned as of January 1, 2025, with the exception of Memphis Blues, Duck River Estates and River

Bluff Estates.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 13

Acquisitions

Summary

(dollars

in thousands)

Year

of Acquisition

Number

of Communities

Sites

Occupancy

Acquisition

Purchase

Price

Per

Site

Total

Acres

2021

543

59 %

$ 18,300

$ 34

113

2022

1,480

65 %

$ 86,223

$ 58

461

2023

118

-0- %

$ 3,650

$ 31

2025

587

78 %

$ 41,825

$ 71

160

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 14

Definitions

Investors

and analysts following the real estate industry utilize funds from operations available to common shareholders (“FFO”), normalized

funds from operations available to common shareholders (“Normalized FFO”), Community NOI, Same Property Community NOI, and

earnings before interest, taxes, depreciation, amortization and acquisition costs (“Adjusted EBITDA excluding Non-Recurring Other

Expense”), variously defined, as supplemental performance measures. While the Company believes net income (loss) available to common

shareholders, as defined by accounting principles generally accepted in the United States of America (U.S. GAAP), is the most appropriate

measure, it considers Community NOI, Same Property Community NOI, Adjusted EBITDA excluding Non-Recurring Other Expense, FFO and Normalized

FFO, given their wide use by and relevance to investors and analysts, appropriate supplemental performance measures. FFO, reflecting

the assumption that real estate asset values rise or fall with market conditions, principally adjusts for the effects of U.S. GAAP depreciation

and amortization of real estate assets. FFO also adjusts for the effects of the change in the fair value of marketable securities and

gains and losses realized on marketable securities. Normalized FFO reflects the same assumptions as FFO except that it also adjusts for

amortization of financing costs and certain one-time charges. Community NOI and Same Property Community NOI provide a measure of rental

operations and do not factor in depreciation and amortization and non-property specific expenses such as general and administrative expenses.

Adjusted EBITDA excluding Non-Recurring Other Expense provides a tool to further evaluate the ability to incur and service debt and to

fund dividends and other cash needs. In addition, Community NOI, Same Property Community NOI, Adjusted EBITDA, excluding Non-Recurring

Other Expense, FFO and Normalized FFO are commonly used in various ratios, pricing multiples, yields and returns and valuation of calculations

used to measure financial position, performance and value.

FFO,

as defined by The National Association of Real Estate Investment Trusts (“Nareit”), is calculated to be equal to net income

(loss) applicable to common shareholders, as defined by U.S. GAAP, excluding certain gains or losses from sales of previously depreciated

real estate assets, impairment charges related to depreciable real estate assets, the change in the fair value of marketable securities,

and the gain or loss on the sale of marketable securities plus certain non-cash items such as real estate asset depreciation and amortization.

Included in the Nareit FFO White Paper - 2018 Restatement, is an option pertaining to assets incidental to our main business in the calculation

of Nareit FFO to make an election to include or exclude gains and losses on the sale of these assets, such as marketable equity securities,

and include or exclude mark-to-market changes in the value recognized on these marketable equity securities. In conjunction with the

adoption of the FFO White Paper - 2018 Restatement, for all periods presented, we have elected to exclude the gains and losses realized

on marketable securities and change in the fair value of marketable securities from our FFO calculation. Nareit created FFO as a non-GAAP

supplemental measure of REIT operating performance.

Normalized

FFO is calculated as FFO excluding amortization and certain one-time charges.

Normalized

FFO per Diluted Common Share is calculated using diluted weighted shares outstanding of 85.4 million shares for the three months

ended March 31, 2026, and 83.3 million shares for the three months ended March 31, 2025. Common stock equivalents resulting from stock

options in the amount of 373,000 for the year ended March 31, 2026 were included in the computation of Diluted Net Income per share.

Common stock equivalents resulting from stock options in the amount of 944,000 shares for the three months ended March 31, 2025 were

excluded from the computation of Diluted Net Loss per Share as their effect would have been anti-dilutive.

Community

NOI is calculated as rental and related income less community operating expenses such as real estate taxes, repairs and maintenance,

community salaries, utilities, insurance and other expenses.

Same

Property Community NOI is calculated as Community NOI, using all properties owned as of January 1, 2025, with the exception of Memphis

Blues, Duck River Estates and River Bluff Estates.

Adjusted

EBITDA excluding Non-Recurring Other Expense is calculated as net income (loss) plus interest expense, franchise taxes, depreciation,

the change in the fair value of marketable securities and the gain (loss) on sales of marketable securities, adjusted for non-recurring

other expenses.

Community

NOI, Same Property Community NOI, Adjusted EBITDA excluding Non-Recurring Other Expense, FFO and Normalized FFO do not represent

cash generated from operating activities in accordance with U.S. GAAP and are not necessarily indicative of cash available to fund cash

needs, including the repayment of principal on debt and payment of dividends and distributions. Community NOI, Same Property Community

NOI, Adjusted EBITDA excluding Non-Recurring Other Expense, FFO and Normalized FFO should not be considered as substitutes for net income

(loss) applicable to common shareholders (calculated in accordance with U.S. GAAP) as a measure of results of operations, or cash flows

(calculated in accordance with U.S. GAAP) as a measure of liquidity. Community NOI, Same Property Community NOI, Adjusted EBITDA excluding

Non-Recurring Other Expense, FFO and Normalized FFO as currently calculated by the Company may not be comparable to similarly titled,

but variously calculated, measures of other REITs.

UMH Properties, Inc. | First Quarter FY 2026 Supplemental Information 15

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v3.26.1

Cover

Apr. 30, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

Apr. 30, 2026

Entity File Number

001-12690

Entity Registrant Name

UMH

Properties, Inc.

Entity Central Index Key

0000752642

Entity Tax Identification Number

22-1890929

Entity Incorporation, State or Country Code

Entity Address, Address Line One

Juniper Business Plaza

Entity Address, Address Line Two

3499

Route 9 North

Entity Address, Address Line Three

Suite 3-C

Entity Address, City or Town

Freehold

Entity Address, State or Province

Entity Address, Postal Zip Code

07728

City Area Code

(732)

Local Phone Number

577-9997

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Common Stock, $0.10 par value

Title of 12(b) Security

Common

Stock, $0.10 par value

Trading Symbol

UMH

Security Exchange Name

NYSE

6.375% Series D Cumulative Redeemable Preferred Stock, $0.10 par value

Title of 12(b) Security

6.375%

Series D Cumulative Redeemable Preferred Stock, $0.10 par value

Trading Symbol

UMH

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 3 such as an Office Park

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine3

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

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Namespace Prefix:

Data Type:

Balance Type:

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- Details

Name:

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Namespace Prefix:

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