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Investment in Unconsolidated Joint Ventures
9 Months Ended
Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Investment in Unconsolidated Joint Ventures Investment in Unconsolidated Joint Ventures
The following table summarizes our investments in unconsolidated joint ventures (investment and income/(loss) amounts in thousands):
    Investment as ofIncome/(Loss) for the Nine Months Ended
InvestmentLocation Number of Sites
Economic
Interest
(a)
September 30, 2024December 31, 2023September 30, 2024September 30, 2023
MeadowsVarious1,077 50 %$407 $534 $7,360 $1,649 
LakeshoreFlorida721 
(b)
3,764 3,387 665 487 
VoyagerArizona— — %
(c)
— — — 694 
ECHO JVVarious — 50 %2,797 2,773 24 (199)
RVCVarious 1,489 80 %
(d)
62,534 62,441 (801)(297)
Mulberry FarmsArizona200 50 %9,795 10,546 (625)96 
Hiawassee KOA JVGeorgia283 50 %5,537 5,623 113 (272)
3,770 $84,834 $85,304 $6,736 $2,158 
_____________________
(a)The percentages shown approximate our economic interest as of September 30, 2024. 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 2023, we sold our 33% interest in the utility plant servicing Voyager RV Resort.
(d)Includes three joint ventures which include eight operating RV communities and one RV property under development.
We received approximately $15.4 million and $4.9 million in distributions from our unconsolidated joint ventures for the nine months ended September 30, 2024 and 2023, respectively. Approximately $7.0 million and $1.4 million of the distributions made to us exceeded our basis in our unconsolidated joint ventures for the nine months ended September 30, 2024 and 2023, respectively, and as such, were recorded as income from unconsolidated joint ventures.