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Investment in Joint Ventures (Tables)
9 Months Ended
Sep. 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 September 30, 2011 and December 31, 2010, respectively with dollar amounts in thousands):

 

                       Investment as of     

JV Income
for the

Nine Months
Ended

         
Investment    Location    Number of
Sites		      Economic
Interest (1)		    

September 30,

2011

      December 31,
2010		     

September 30,

2011

      September 30,
2010		  

Meadows Investments

    Various (2,2)      1,027         50 %    $ 433       $ 276       $ 685       $ 823   

Lakeshore Investments

    Florida (2,2)      342         65 %      139         115         196         174   

Voyager

    Arizona (1,1)      1,706         50 %(2)      7,666         8,055         701         717   
     

 

 

       

 

 

     

 

 

     

 

 

     

 

 

  
        3,075         $ 8,238       $ 8,446       $ 1,582       $ 1,714   
     

 

 

       

 

 

     

 

 

     

 

 

     

 

 

  

 

(1) The percentages shown approximate the Company’s economic interest as of September 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.