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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 2019
Noncontrolling Interest Rollforward
The following table summarizes the changes in noncontrolling interest for the Company for the six months ended June 30, 2019 and 2018:
 
2019
 
2018
Balance as of December 31
$
34,397

 
$
48,077

    Net Income
1,450

 
2,367

    Amortization of Unearned Compensation related to the Issuance of LTIP Units (A)
781

 
—

    Other Comprehensive (Loss) Income
(241
)
 
200

    Unit Distributions
(1,316
)
 
(1,418
)
    Conversion of Limited Partner Units to Common Stock (B)
—

 
(12,327
)
    Retirement of Limited Partner Units (C)
—

 
(934
)
    Reallocation - Additional Paid-in-Capital
2,780

 
2,218

    Reallocation - Other Comprehensive Income
8

 
—

Balance as of June 30
$
37,859

 
$
38,183


_______________
(A) During the six months ended June 30, 2019, 297,216 LTIP Units were issued to certain employees and directors.  
(B) During the six months ended June 30, 2018, 1,019,677 Limited Partner Units were converted into an equivalent number of shares of common stock of the Company
First Industrial, L.P.  
Noncontrolling Interest Rollforward
The following table summarizes the changes in noncontrolling interest for the Operating Partnership for the six months ended June 30, 2019 and 2018:
 
2019
 
2018
Balance as of December 31
$
857

 
$
779

    Net Income
50

 
43

    Contributions
5

 
121

    Distributions
(64
)
 
(64
)
Balance as of June 30
$
848

 
$
879