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Noncontrolling Interests (Tables)
 9 Months Ended
Sep. 30, 2015
Noncontrolling Interest [Line Items]  
Net equity balance of noncontrolling interests
The net equity balance of the nonredeemable noncontrolling interests as of September 30, 2015 and December 31, 2014 included the following:
 
2015
 
2014
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(23,277
)
 
$
(14,796
)
Noncontrolling interests in partnership equity of TRG
32,529

 
116,376

 
$
9,252

 
$
101,580
Net income (loss) attributable to noncontrolling interests
Net income attributable to the noncontrolling interests for the three months ended September 30, 2015 and September 30, 2014 included the following:
 
2015
 
2014
Net income attributable to non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
2,780

 
$
2,643

Noncontrolling share of income of TRG
13,151

 
14,057

 
$
15,931

 
$
16,700

Net income attributable to the noncontrolling interests for the nine months ended September 30, 2015 and September 30, 2014 included the following:

 
2015
 
2014
Net income attributable to non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
8,043

 
$
8,013

Noncontrolling share of income of TRG
35,815

 
170,922

 
$
43,858

 
$
178,935
Effects of changes in ownership interest in consolidated subsidiaries on equity
The following schedule presents the effects of changes in Taubman Centers, Inc.’s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.’s equity for the nine months ended September 30, 2015 and September 30, 2014:
 
2015
 
2014
Net income attributable to Taubman Centers, Inc. common shareowners
$
83,274

 
$
424,151

Transfers from the noncontrolling interest:
 

 
 

Increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)
68,993

 
54

Net transfers from noncontrolling interests
68,993

 
54

Change from net income attributable to Taubman Centers, Inc. and transfers from noncontrolling interests
$
152,267

 
$
424,205


(1)
In 2015 and 2014 adjustments of the noncontrolling interest were made as a result of changes in the Company's ownership of the Operating Partnership in connection with the Company's share-based compensation under employee and director benefit plans (Note 9), issuances of stock pursuant to the Continuing Offer (Note 10), and stock repurchases (Note 6).