Investment in Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2011

Investments in Unconsolidated Joint Ventures

The following table summarizes the Company’s investments in unconsolidated joint ventures (with the number of Properties shown parenthetically as of June 30, 2011 and December 31, 2010, respectively with dollar amounts in thousands):

									Investment as of				JV Income for the Six Months Ended
Investment	Location			Number of Sites		Economic Interest (1)			June 30, 2011		December 31, 2010		June 30, 2011		June 30, 2010
Meadows		Various	(2,2)		1,027		50	%	$	235	$	276	$	486	$	521
Lakeshore		Florida	(2,2)		342		65	%		125		115		127		129
Voyager		Arizona	(1,1)		1,706		50	%(2)		7,962		8,055		712		750
					3,075				$	8,322	$	8,446	$	1,325	$	1,400

⁽¹⁾  The percentages shown approximate the Company’s economic interest as of June 30, 2011. The Company’s legal ownership interest may differ.

⁽²⁾  Voyager joint venture primarily consists of a 50% interest in Voyager RV Resort and a 25% interest in the utility plant servicing the Property.