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Investment in Nonconsolidated Affiliates (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Nonconsolidated Affiliates | The investment balance in each nonconsolidated affiliate was as follows (in millions):
Investment |  | June 30, 2024 |  | December 31, 2023
Investment in Sungenia JV |  | $ | 64.3 |  |  | $ | 56.8 |
Investment in GTSC |  | 55.4 |  |  | 60.4 |
Investment in SV Lift |  | 1.4 |  |  | 1.7 |
Total |  | $ | 121.1 |  |  | $ | 118.9 |
The income / (loss) from each nonconsolidated affiliate is as follows (in millions):
|  | Three Months Ended |  | Six Months Ended
Income / (Loss) from Nonconsolidated Affiliates |  | June 30, 2024 |  | June 30, 2023 |  | June 30, 2024 |  | June 30, 2023
RezPlot Systems LLC equity loss(1) |  | $ | — |  |  | $ | (0.8) |  |  | $ | — |  |  | $ | (2.3) |
Sungenia JV equity income |  | 2.3 |  |  | — |  |  | 3.2 |  |  | 0.6 |
GTSC equity income |  | 0.9 |  |  | 0.6 |  |  | 1.8 |  |  | 1.6 |
SV Lift equity loss |  | (0.2) |  |  | (0.5) |  |  | (0.6) |  |  | (0.8) |
Total Income / (Loss) from Nonconsolidated Affiliates |  | $ | 3.0 |  |  | $ | (0.7) |  |  | $ | 4.4 |  |  | $ | (0.9) |
(1) Represents an RV reservation software technology company, operating under the Campspot brand, which we invested into in January 2019 and disposed of our ownership interest in December 2023. The change in the Sungenia JV investment balance is as follows (in millions):
|  | Six Months Ended |  | Year Ended
|  | June 30, 2024 |  | December 31, 2023
Beginning balance |  | $ | 56.8 |  |  | $ | 44.5 |
Cumulative translation adjustment |  | 0.4 |  |  | (0.5) |
Contributions |  | 3.9 |  |  | 9.6 |
Equity earnings |  | 3.2 |  |  | 3.2 |
Ending Balance |  | $ | 64.3 |  |  | $ | 56.8 |
The change in the GTSC investment balance is as follows (in millions):
|  | Six Months Ended |  | Year Ended
|  | June 30, 2024 |  | December 31, 2023
Beginning balance |  | $ | 60.4 |  |  | $ | 54.5 |
Contributions |  | 1.4 |  |  | 27.5 |
Distributions |  | (13.5) |  |  | (20.7) |
Equity earnings |  | 1.8 |  |  | 3.3 |
Fair value adjustment |  | 5.3 |  |  | (4.2) |
Ending Balance |  | $ | 55.4 |  |  | $ | 60.4 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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