Investments in Unconsolidated Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2024

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):

						Investment as of				Income/(Loss) for the Quarters Ended
Investment	Location (a)	Number of Sites	Economic Interest (b)			March 31, 2024		December 31, 2023		March 31, 2024		March 31, 2023
Meadows	Various (2,2)	1,077	50	%		$	611	$	534	$	676	$	374
Lakeshore	Florida (3,3)	721	(c)			3,395		3,387		182		172
Voyager	Arizona (1,1)	—	—	%	(d)	—		—		—		692
ECHO JV	Various	—	50	%		2,786		2,773		13		(190)
RVC	Various	1,283	80	%	(e)	62,401		62,441		(414)		(353)
Mulberry Farms	Arizona	200	50	%		10,255		10,546		(291)		(31)
Hiawassee KOA JV	Georgia	283	50	%		5,541		5,623		117		(140)
		3,564				$	84,989	$	85,304	$	283	$	524

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(a)The number of Properties are shown parenthetically for the quarters ended March 31, 2024 and 2023, respectively.

(b)The percentages shown approximate our economic interest as of March 31, 2024. Our legal ownership interest may differ.

(c)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.

(d)In March 2023, we sold our 33% interest in the utility plant servicing Voyager RV Resort.

(e)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.