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Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2020
Noncontrolling Interest [Line Items]  
Reconciliation Of Redeemable Noncontrolling Interest
Reconciliation of Redeemable Noncontrolling Interest
 
Three Months Ended March 31
 
2020
 
2019
Balance, January 1
$

 
$
7,800

Allocation of net loss
 
 
(93
)
Adjustments of redeemable noncontrolling interest
 
 
93

Balance, March 31
$

 
$
7,800


Net equity balance of noncontrolling interests
The net equity balance of the non-redeemable noncontrolling interests as of March 31, 2020 and December 31, 2019 included the following:
 
2020
 
2019
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(152,970
)
 
$
(153,343
)
Noncontrolling interests in partnership equity of TRG
(32,018
)
 
(13,840
)
 
$
(184,988
)
 
$
(167,183
)

Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to the noncontrolling interests for the three months ended March 31, 2020 and 2019 included the following:
 
Three Months Ended March 31
 
2020
 
2019
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
1,023

 
$
1,522

Noncontrolling share of income of TRG
9,210

 
6,801

 
$
10,233

 
$
8,323

Redeemable noncontrolling interest:


 
(93
)
 
$
10,233

 
$
8,230





















Effects of changes in ownership interest in consolidated subsidiaries on equity
The following table presents the effects of changes in TCO’s ownership interest in consolidated subsidiaries on TCO’s equity for the three months ended March 31, 2020 and 2019:
 
Three Months Ended March 31
 
2020
 
2019
Net income attributable to TCO common shareholders
$
19,872

 
$
15,097

Transfers (to) from the noncontrolling interest:
 

 
 

Increase (decrease) in TCO’s paid-in capital for adjustments of noncontrolling interest (1)
(72
)
 
(171
)
Net transfers (to) from noncontrolling interests
(72
)
 
(171
)
Change from net income attributable to TCO and transfers (to) from noncontrolling interests
$
19,800

 
$
14,926


(1)
In 2020 and 2019, adjustments of the noncontrolling interest were made as a result of changes in our ownership of TRG in connection with our share-based compensation under employee and director benefit plans (Note 8) and issuances of common stock pursuant to the Continuing Offer (Note 9). In 2019, adjustments of noncontrolling interest were made in connection with the accounting for the Former Asia President's redeemable ownership interest.