XML 37 R27.htm IDEA: XBRL DOCUMENT v3.23.3
Investments in Unconsolidated Joint Ventures (Tables)
9 Months Ended
Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Our Investment in Unconsolidated Joint Ventures
The following table summarizes our investments in unconsolidated joint ventures (investment and income/(loss) amounts in thousands with the number of Properties shown parenthetically as of September 30, 2023 and December 31, 2022, respectively):
    Investment as ofIncome/(Loss) for the Nine Months Ended
InvestmentLocation Number of Sites
Economic
Interest
(a)
September 30, 2023December 31, 2022September 30, 2023September 30, 2022
MeadowsVarious (2,2)1,077 50 %$407 $158 $1,649 $1,850 
LakeshoreFlorida (3,3)721 (b)3,048 2,625 487 480 
VoyagerArizona (1,1)— — %
(c)
— 139 694 39 
ECHO JVVarious — 50 %2,764 2,963 (199)843 
RVCVarious 1,283 80 %
(d)
61,805 60,323 (297)(323)
Mulberry FarmsArizona200 50 %10,560 9,902 96 — 
Hiawassee KOA JVGeorgia283 50 %5,744 5,294 (272)— 
3,564 $84,328 $81,404 $2,158 $2,889 
_____________________
(a)The percentages shown approximate our economic interest as of September 30, 2023. 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)In March of 2023, we sold our 33% interest in the utility plant servicing Voyager RV Resort.
(d)Includes three joint ventures of which one joint venture owns a portfolio of seven operating RV communities and two joint ventures each own an RV property under development.