Noncontrolling Interests

9 Months Ended

Sep. 30, 2012

Noncontrolling Interest Items [Abstract]

The Company consolidates various joint ventures that are involved in the ownership and/or development of real estate. The following table details the components of Redeemable Noncontrolling Interests in consolidated entities for the nine months ended September 30, 2012 and 2011 (in thousands):



	Nine Months Ended September 30,
	2012			2011

Beginning Balance	$	2,763		$	14,289
Net income (loss) attributable to redeemable noncontrolling interests	(2,002		)	96
Distributions to redeemable noncontrolling interests	(858		)	(5,525		)
Other	97			—
Change in fair value of redeemable noncontrolling interests	—			526
Ending Balance	$	—		$	9,386

The following reconciles the net income or loss attributable to nonredeemable noncontrolling interests as shown in the Statements of Equity to the net income or loss attributable to noncontrolling interests as shown in the Statements of Operations, which includes both redeemable and nonredeemable interests, for the nine months ended September 30, 2012 and 2011 (in thousands):



	Nine Months Ended September 30,
	2012			2011
Net income attributable to nonredeemable noncontrolling interests	$	1,743		$	3,358
Net income (loss) attributable to redeemable noncontrolling interests	(2,002		)	96
Net income (loss)	$	(259	)	$	3,454

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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