Lariann I've got 2, a smaller one split from my original plant/s. I decided to try the original in a pond/drainage system. During the wet season the water was going up and down but mostly too deep for it. It deteriorated. Things are drying out now and it's sitting consistently in about 10 centimetres of water. So it's started to make a come back.
The split off plant stayed in a pot sitting in water about three quarters up the pot. It's doing quite well. So I'd say they prefer wet ground or very shallow water. The Typhonodorum lindleyanum that had the same fluctuating water levels was okay in those conditions.
This is a photo of the original before I split off part.