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Noncontrolling Interests (Tables)
 6 Months Ended
Jun. 30, 2016
Noncontrolling Interest [Line Items]  
Reconciliation Of Redeemable Noncontrolling Interest
Reconciliation of Redeemable Noncontrolling Interest
 
2016
Balance, January 1
 
Taubman Asia President vested redeemable equity
$
13,310

Distributions
(7,150
)
Contributions
2,000

Allocation of net loss
(245
)
Adjustments of redeemable noncontrolling interest
245

Balance, June 30
$
8,160
Net equity balance of noncontrolling interests
The net equity balance of the non-redeemable noncontrolling interests as of June 30, 2016 and December 31, 2015 included the following:
 
2016
 
2015
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(157,418
)
 
$
(23,569
)
Noncontrolling interests in partnership equity of TRG
22,309

 
31,573

 
$
(135,109
)
 
$
8,004
Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to the noncontrolling interests for the three months ended June 30, 2016 and June 30, 2015 included the following:
 
2016
 
2015
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
1,875

 
$
2,672

Noncontrolling share of income of TRG
15,087

 
10,153

 
$
16,962

 
$
12,825

Redeemable noncontrolling interest:
(245
)
 
 
 
$
16,717

 
$
12,825

et income (loss) attributable to the noncontrolling interests for the six months ended June 30, 2016 and June 30, 2015 included the following:
 
2016
 
2015
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
4,396

 
$
5,263

Noncontrolling share of income of TRG
25,986

 
22,664

 
$
30,382

 
$
27,927

Redeemable noncontrolling interest:
(245
)
 
 
 
$
30,137

 
$
27,927
Effects of changes in ownership interest in consolidated subsidiaries on equity
The following table presents the effects of changes in Taubman Centers, Inc.’s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.’s equity for the six months ended June 30, 2016 and June 30, 2015:
 
2016
 
2015
Net income attributable to Taubman Centers, Inc. common shareowners
$
59,331

 
$
52,852

Transfers from the noncontrolling interest:
 

 
 

Increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)
2,191

 
56,610

Net transfers from noncontrolling interests
2,191

 
56,610

Change from net income attributable to Taubman Centers, Inc. and transfers from noncontrolling interests
$
61,522

 
$
109,462


(1) In 2016 and 2015, 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) and issuances of stock pursuant to the Continuing Offer (Note 10). In 2016, adjustments of the noncontrolling interest were also made in connection with the accounting for the Asia President's redeemable ownership interest. In 2015, adjustments of the noncontrolling interest were also made as a result of share repurchases (Note 6).