Non-controlling Interests (Tables)

6 Months Ended

Jun. 30, 2017

The table below details the historical cost and redemption values for the non-controlling interests:

	June 30, 2017		December 31, 2016
Common OP units outstanding (millions)		8.3		8.6
Market price per Host Inc. common share	$	18.27	$	18.84
Shares issuable upon conversion of one common OP unit		1.021494		1.021494
Redemption value (millions)	$	156	$	165
Historical cost (millions)		83		84
Book value (millions) ⁽¹⁾		156		165
___________

(1)

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