Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership

Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership

Conversion of Limited Partnership Interests into Shares of Common Stock

During the nine months ended September 30, 2015 and 2014, 11,012 and 175,333 limited partnership interests in the Operating Partnership ("Units"), respectively, were converted into an equivalent number of shares of common stock of the Company, resulting in a reclassification of $106 and $1,697, respectively, of noncontrolling interest to the Company's stockholders’ equity.

Noncontrolling Interest of the Company

The following table summarizes the changes in noncontrolling interest for the Company for the nine months ended September 30, 2015 and 2014:

	September 30, 2015			September 30, 2014
Noncontrolling Interest, Beginning of Period	$	41,877		$	44,369
Net Income	1,197			1,137
Unit Distributions	(1,669		)	(1,368		)
Other Comprehensive (Loss) Income (Including a Reallocation of $3 and $6)	(65		)	16
Conversion of Units to Common Stock	(106		)	(1,697		)
Reallocation - Additional Paid-in-Capital	107			(48		)
Noncontrolling Interest, End of Period	$	41,341		$	42,409

Noncontrolling Interest of the Operating Partnership

The following table summarizes the changes in noncontrolling interest for the Operating Partnership for the nine months ended September 30, 2015 and 2014:

	September 30, 2015			September 30, 2014
Noncontrolling Interest, Beginning of Period	$	1,080		$	1,095
Net Income	75			50
Contributions	61			57
Distributions	(85		)	(388		)
Noncontrolling Interest, End of Period	$	1,131		$	814

Dividends/Distributions

During the nine months ended September 30, 2015, we accrued $44,283 common stock dividends and Unit distributions.