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Noncontrolling Interests
6 Months Ended
Jun. 30, 2015
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests

Noncontrolling Interests in Consolidated Affiliates
 
At June 30, 2015, our noncontrolling interests in consolidated affiliates relate to our joint venture partner's 50.0% interest in office properties in Richmond, VA. Our joint venture partner is an unrelated third party.

Noncontrolling Interests in the Operating Partnership

The following table sets forth the Company's noncontrolling interests in the Operating Partnership:
 
 
Six Months Ended
June 30,
 
2015
 
2014
Beginning noncontrolling interests in the Operating Partnership
$
130,048

 
$
106,480

Adjustment of noncontrolling interests in the Operating Partnership to fair value
(11,475
)
 
18,337

Conversions of Common Units to Common Stock
(1,206
)
 
(162
)
Redemptions of Common Units

 
(93
)
Net income attributable to noncontrolling interests in the Operating Partnership
1,378

 
1,140

Distributions to noncontrolling interests in the Operating Partnership
(2,485
)
 
(2,497
)
Total noncontrolling interests in the Operating Partnership
$
116,260

 
$
123,205



8.
Noncontrolling Interests - Continued

The following table sets forth net income available for common stockholders and transfers from the Company's noncontrolling interests in the Operating Partnership:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Net income available for common stockholders
$
25,155

 
$
22,705

 
$
44,471

 
$
34,833

Increase in additional paid in capital from conversions of Common Units
to Common Stock

 

 
1,206

 
162

Change from net income available for common stockholders and transfers from noncontrolling interests
$
25,155

 
$
22,705

 
$
45,677

 
$
34,995