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Noncontrolling Interests
3 Months Ended
Mar. 31, 2024
Noncontrolling Interest [Abstract]  
Noncontrolling Interests Noncontrolling Interests
Noncontrolling Interests in Consolidated Affiliates

As of March 31, 2024, our noncontrolling interest in consolidated affiliates relates to our joint venture partner's 20.0% interest in the Midtown West joint venture. 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,
20242023
Beginning noncontrolling interests in the Operating Partnership$49,520 $65,977 
Adjustment of noncontrolling interests in the Operating Partnership to fair value7,479 (11,102)
Conversions of Common Units to Common Stock(132)— 
Net income attributable to noncontrolling interests in the Operating Partnership533 986 
Distributions to noncontrolling interests in the Operating Partnership(1,076)(1,179)
Total noncontrolling interests in the Operating Partnership$56,324 $54,682 

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,
20242023
Net income available for common stockholders$26,064 $43,834 
Increase in additional paid in capital from conversions of Common Units to Common Stock132 — 
Change from net income available for common stockholders and transfers from noncontrolling interests$26,196 $43,834