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Investment in Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2012
Investments in Unconsolidated Joint Ventures
The following table summarizes the Company’s investment in unconsolidated joint ventures (with the number of Properties shown parenthetically for the years ended December 31, 2012 and 2011, respectively): 
 
 
 
 
 
 
 
 
 
Investment as of
 
JV Income for
Years Ended
(c)
Investment
Location
 
Number
of Sites
 
Economic Interest(a)
 
 
 
December 31,
2012
 
December 31,
2011
 
December 31,
2012
 
December 31,
2011
 
December 31,
2010
Meadows
Various (2,2)
 
1,027

 
50
%
 
 
 
$
916

 
$
580

 
$
1,012

 
$
981

 
$
1,081

Lakeshore
Florida (2,2)
 
342

 
65
%
 
 
 
121

 
124

 
250

 
240

 
238

Voyager
Arizona (1,1)
 
1,706

 
50
%
 
(b) 
 
7,195

 
7,647

 
652

 
727

 
642

Other
Various (0,0)
 

 
20
%
 
 
 
188

 
206

 
(15
)
 

 
66

 
 
 
3,075

 
 
 
 
 
$
8,420

 
$
8,557

 
$
1,899

 
$
1,948

 
$
2,027

_________________________ 
(a)
The percentages shown approximate the Company’s economic interest as of December 31, 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.
(c)
Net of approximately $1.2 million of depreciation expense for each of the years ended December 31, 2012, 2011 and 2010.