Noncontrolling Interests

3 Months Ended

Mar. 31, 2019

Noncontrolling Interests in Consolidated Affiliates

At March 31, 2019, our noncontrolling interests in consolidated affiliates relate to our joint venture partner's 50.0% interest in office properties in Richmond. 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:



	Three Months Ended March 31,
	2019			2018
Beginning noncontrolling interests in the Operating Partnership	$	105,960		$	144,009
Adjustment of noncontrolling interests in the Operating Partnership to fair value	23,254			(19,582		)
Conversions of Common Units to Common Stock	(131		)	(902		)
Net income attributable to noncontrolling interests in the Operating Partnership	193			888
Distributions to noncontrolling interests in the Operating Partnership	(1,300		)	(1,300		)
Total noncontrolling interests in the Operating Partnership	$	127,976		$	123,113

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 March 31,
	2019		2018
Net income available for common stockholders	$	7,255	$	32,449
Increase in additional paid in capital from conversions of Common Units to Common Stock	131		902
Change from net income available for common stockholders and transfers from noncontrolling interests	$	7,386	$	33,351