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Investment in Joint Ventures | 3 Months Ended
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Mar. 31, 2013
Investment in Joint Ventures | Investment in Joint Ventures We recorded approximately $0.6 million and $0.8 million (net of approximately $0.3 million of depreciation expense) of equity in income from unconsolidated joint ventures for each of the quarters ended March 31, 2013 and 2012, respectively. We received approximately $0.5 million from such joint ventures, which were classified as a return on capital and included in operating activities on the Consolidated Statements of Cash Flows for each of the quarters ended March 31, 2013 and 2012, respectively. The following table summarizes our investment in unconsolidated joint ventures (with the number of Properties shown parenthetically as of March 31, 2013 and December 31, 2012):
|  |  |  |  |  |  |  | Investment as of |  | JV Income for the Quarters Ended
Investment | Location |  | Number of Sites |  | Economic Interest (a) |  |  | March 31, 2013 |  | December 31, 2012 |  | March 31, 2013 |  | March 31, 2012
Meadows | Various (2,2) |  | 1,027 |  |  | 50 | % |  |  | $ | 1,102 |  |  | $ | 916 |  |  | $ | 286 |  |  | $ | 265 |
Lakeshore | Florida (2,2) |  | 342 |  |  | 65 | % |  |  | 121 |  |  | 121 |  |  | 65 |  |  | 73 |
Voyager | Arizona (1,1) |  | 1,706 |  |  | 50 | % | (b) |  | 7,231 |  |  | 7,195 |  |  | 413 |  |  | 425 |
Other | Various (0,0) |  | — |  |  | 20 | % |  |  | — |  |  | 188 |  |  | (188 | ) |  | — |
|  |  | 3,075 |  |  |  |  |  | $ | 8,454 |  |  | $ | 8,420 |  |  | $ | 576 |  |  | $ | 763 |
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(a) | The percentages shown approximate our economic interest as of March 31, 2013. Our legal ownership interest may differ.
(b) | Voyager joint venture primarily consists of a 50% interest in Voyager RV Resort and 25% interest in the utility plant servicing the Property.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=7658923&loc=d3e32787-111569 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=7658923&loc=d3e32847-111569 + Details
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