XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.22.1

Investments in Unconsolidated Joint Ventures (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Our 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 March 31, 2022 and December 31, 2021, respectively):
|  |  |  |  |  |  |  | Investment as of |  | Income/(Loss) for the quarters ended
Investment |  | Location |  | Number of Sites |  | Economic Interest (a) |  | March 31, 2022 |  | December 31, 2021 |  | March 31, 2022 |  | March 31, 2021
Meadows |  | Various (2,2) |  | 1,077 |  |  | 50 | % |  | $ | 60 |  |  | $ | — |  |  | $ | 260 |  |  | $ | 550 |
Lakeshore |  | Florida (3,3) |  | 721 |  |  | (b) |  | 2,599 |  |  | 2,638 |  |  | 135 |  |  | 152 |
Voyager |  | Arizona (1,1) |  | — |  |  | 33 | % | (c) | 160 |  |  | 141 |  |  | 20 |  |  | 30 |
ECHO JV |  | Various |  | — |  |  | 50 | % |  | 18,313 |  |  | 18,136 |  |  | 177 |  |  | 136 |
RVC |  | Various |  | 1,019 |  |  | 80 | % |  | 53,085 |  |  | 49,397 |  |  | (421) |  |  | — |
Mulberry Farms |  | Various |  | — |  |  | 50 | % | (d) | 5,471 |  |  | — |  |  | — |  |  | — |
|  |  |  | 2,817 |  |  |  |  | $ | 79,688 |  |  | $ | 70,312 |  |  | $ | 171 |  |  | $ | 868 |
_____________________ (a)The percentages shown approximate our economic interest as of March 31, 2022. Our legal ownership interest may differ. (b)Includes two joint ventures in which we own a 65% interest in each and the Crosswinds joint venture in which we own a 49% interest. (c)Consists of a 33% interest in the utility plant servicing Voyager RV Resort. On October 14, 2021, we completed the acquisition of the remaining 50% interest in Voyager RV Resort. (d)On January 18, 2022, we acquired a 50% equity interest in an entity developing an age-restricted community in Prescott Valley, Arizona.

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration