Non-controlling Interests (Tables)

3 Months Ended

Mar. 31, 2023

Noncontrolling Interest [Abstract]

Historical Cost and Redemption Values for the Non-Controlling Interests

The table below details the historical cost and redemption values for the non-controlling interests of Host L.P.:

	March 31, 2023		December 31, 2022
Common OP units outstanding (millions)		9.9		10.0
Market price per Host Inc. common share	$	16.49	$	16.05
Shares issuable upon conversion of one common OP unit		1.021494		1.021494
Redemption value (millions)	$	167	$	164
Historical cost (millions)		99		97
Book value (millions) ⁽¹⁾		167		164

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(1) The book value recorded is equal to the greater of redemption value or historical cost.