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Investments in Unconsolidated Joint Ventures
9 Months Ended
Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Joint Ventures Investments in Unconsolidated Joint Ventures
The following table summarizes our investment in unconsolidated joint ventures (investment amounts in thousands with the number of Properties shown parenthetically as of September 30, 2022 and December 31, 2021, respectively):
    Investment as ofIncome/(Loss) for
the Nine Months Ended
InvestmentLocation Number of Sites
Economic
Interest
(a)
September 30, 2022December 31, 2021September 30, 2022September 30, 2021
MeadowsVarious (2,2)1,077 50 %$150 $— $1,850 $1,350 
LakeshoreFlorida (3,3)721 (b)2,596 2,638 480 417 
VoyagerArizona (1,1)— 33 %
(c)
138 141 39 544 
ECHO JVVarious — 50 %18,979 18,136 843 475 
RVCVarious 1,282 80 %
(d)
57,779 49,397 (323)— 
Mulberry FarmsVarious— 50 %
(e)
8,710 — — — 
3,080 $88,352 $70,312 $2,889 $2,786 
_____________________
(a)The percentages shown approximate our economic interest as of September 30, 2022. Our legal ownership interest may differ.
(b)Includes two joint ventures in which we own a 65% interest in each and the Crosswinds joint venture in which we own a 49% interest.
(c)Consists of a 33% interest in the utility plant servicing Voyager RV Resort. On October 14, 2021, we completed the acquisition of the remaining 50% interest in Voyager RV Resort.
(d)On July 1, 2022, we acquired an 80% interest in an additional joint venture with RVC Outdoor Destinations ("RVC") for a total value of $1.1 million.
(e)On January 18, 2022, we acquired a 50% equity interest in an entity developing an age-restricted community in Prescott Valley, Arizona.
We received approximately $3.9 million and $2.4 million in distributions from our unconsolidated joint ventures for the nine months ended September 30, 2022 and 2021, respectively. Approximately $1.7 million and $2.2 million of the distributions made to us exceeded our basis in our unconsolidated joint ventures for the nine months ended September 30, 2022 and 2021, respectively, and as such, were recorded as income from unconsolidated joint ventures.