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Noncontrolling Interests (Tables)
12 Months Ended
Dec. 31, 2022
Noncontrolling Interest [Abstract]  
Redeemable Noncontrolling Interest
The following table sets forth the redeemable noncontrolling interests in the OP (reflecting the OP’s consolidation of the Subsidiary OPs) for the years ended December 31, 2022, 2021, and 2020 (in thousands):
For the Year Ended December 31,
202220212020
Redeemable noncontrolling interests in the OP, December 31,$261,423 $275,670 $— 
Contributions from redeemable noncontrolling interests in the OP— — 273,410 
Net income attributable to redeemable noncontrolling interests in the OP4,969 40,387 21,323 
Redemption of redeemable noncontrolling interests in the OP(155,614)(32,393)— 
Distributions to redeemable noncontrolling interests in the OP(14,277)(22,241)(19,063)
Redeemable noncontrolling interests in the OP, December 31,$96,501 $261,423 $275,670 
Consolidated Common Shares of Noncontrolling Interest
The table below presents the common shares and OP Units outstanding held by the noncontrolling interests (“NCI”), as the OP Units and SubOP Units held by the Company are eliminated in consolidation:
Period EndCommon Shares
Outstanding
OP Units Held by
NCI
SubOP Units Held
by NCI
Combined
Outstanding
December 31, 202217,079,9435,038,382— 22,118,325