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Investment in Joint Ventures (Tables)
9 Months Ended
Sep. 30, 2012
Schedule of Equity Method Investments [Table Text Block]
The following table summarizes the Company’s investment in unconsolidated joint ventures (with the number of Properties shown parenthetically as of September 30, 2012 and December 31, 2011):
 
 
 
 
 
 
 
 
Investment as of
 
JV Income for the
Nine Months Ended
Investment
Location
 
 Number of 
Sites
 
Economic
Interest
(a)
 
 
September 30,
2012
 
December 31,
2011
 
September 30,
2012
 
September 30,
2011
Meadows
Various (2)
 
1,027

 
50
%

 
$
1,009

 
$
580

 
$
730

 
$
685

Lakeshore
Florida (2)
 
342

 
65
%

 
124

 
124

 
188

 
196

Voyager
Arizona (1)
 
1,706

 
50
%
(b) 
 
7,201

 
7,647

 
612

 
701

Other
Various (0)
 

 
20
%

 
197

 
206

 
(6
)
 

 
 
 
3,075

 
 
 
 
$
8,531

 
$
8,557

 
$
1,524

 
$
1,582

______________________
(a)
The percentages shown approximate the Company’s economic interest as of September 30, 2012. The Company’s legal ownership interest may differ.
(b)
Voyager joint venture primarily consists of a 50% interest in Voyager RV Resort and 25% interest in the utility plant servicing the Property.