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Investment in Unconsolidated Joint Ventures | 6 Months Ended
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Jun. 30, 2018
Equity Method Investments and Joint Ventures [Abstract] |
Investment in Unconsolidated Joint Ventures | Investment in Unconsolidated Joint Ventures The following table summarizes our Investment in unconsolidated joint ventures (investment amounts in thousands with the number of Properties shown parenthetically as of June 30, 2018 and December 31, 2017):
|  |  |  |  |  |  |  |  | Investment as of |  | Joint Venture Income/(Loss) for the Six Months Ended
Investment |  | Location |  | Number of Sites (a) |  | Economic Interest (b) |  |  | June 30, 2018 |  | December 31, 2017 |  | June 30, 2018 |  | June 30, 2017
Meadows |  | Various (2,2) |  | 1,077 |  |  | 50 | % |  |  | $ | 526 |  |  | $ | 307 |  |  | $ | 819 |  |  | $ | 1,130 |
Lakeshore |  | Florida (3,3) |  | 720 |  |  | (c) |  |  |  | 2,435 |  |  | 2,530 |  |  | 123 |  |  | 147 |
Voyager |  | Arizona (1,1) |  | 1,801 |  |  | 50 | % | (d) |  | 3,614 |  |  | 3,205 |  |  | 883 |  |  | 800 |
Loggerhead |  | Florida |  | 2,343 |  |  | 49 | % |  |  | 35,205 |  |  | 31,414 |  |  | 689 |  |  | — |
ECHO JV |  | Various |  | — |  |  | 50 | % |  |  | 15,919 |  |  | 15,624 |  |  | 294 |  |  | 113 |
|  |  |  | 5,941 |  |  |  |  |  | $ | 57,699 |  |  | $ | 53,080 |  |  | $ | 2,808 |  |  | $ | 2,190 |
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(a) | Loggerhead sites represent marina slip count.
(b) | The percentages shown approximate our economic interest as of June 30, 2018. Our legal ownership interest may differ.
(c) | Includes two joint ventures in which we own a 65% interest and Crosswinds joint venture in which we own a 49% interest.
(d) | Voyager joint venture primarily consists of a 50% interest in Voyager RV Resort and 33% interest in the utility plant servicing the Property.
On March 29, 2018, the Crosswinds joint venture repaid a short-term loan to us in the amount of $13.8 million. We provided the loan to Crosswinds in conjunction with the formation of the joint venture in June 2017. We received approximately $1.8 million in distributions from these joint ventures for both the six months ended June 30, 2018 and 2017. Approximately $0.3 million of the distributions made to us exceeded our basis in joint ventures for the six months ended June 30, 2017, and as such were recorded as income from unconsolidated joint ventures. None of the distributions made to us exceed our basis in joint ventures for the six months ended June 30, 2018.

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- References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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