Investment in Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investments in Unconsolidated Joint Ventures

The following table summarizes our investment in unconsolidated joint ventures (investment amounts in thousands):

						Investment as of December 31,				Income/(Loss) for Years Ended December 31,
Investment	Location	Number of Sites	Economic Interest (a)			2024		2023		2024		2023		2022
Meadows	Various	1,077	50	%		$	405	$	534	$	7,659	$	2,676	$	2,458
Lakeshore	Florida	721	(b)			3,849		3,387		823		757		683
Voyager	Arizona	—	—	%	(c)	—		—		—		694		43
ECHO JV	Various	—	50	%		2,783		2,773		10		(190)		958
RVC	Various	1,489	80	%	(d)	61,505		62,441		(1,630)		(585)		(587)
Mulberry Farms	Arizona	200	50	%		9,669		10,546		(750)		(246)		(169)
Hiawassee KOA JV	Georgia	283	50	%		5,561		5,623		136		(393)		(23)
		3,770				$	83,772	$	85,304	$	6,248	$	2,713	$	3,363

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(a)The percentages shown approximate our economic interest as of December 31, 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 of 2023, we sold our 33% interest in the utility plant servicing Voyager RV Resort.

(d)Includes four joint ventures of which one joint venture owns a portfolio of seven operating RV communities, two joint ventures each own an RV property under development and one joint venture which purchases and sells homes.