Schedule Of Changes In The Value Of The Redeemable Noncontrolling Interests |
The following tables set forth the changes in Redeemable noncontrolling interests for the three months ended March 31, 2023 and 2022, respectively (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | Series A and A-1 Preferred Units In VRLP | | Rockpoint Interests in VRT | | Total Redeemable Noncontrolling Interests | Balance at January 1, 2023 | | $ | 40,231 | | $ | 475,000 | | $ | 515,231 | | | | | | | | | | | | | | | Net | | 40,231 | | 475,000 | | 515,231 | Income Attributed to Noncontrolling Interests | | 350 | | 6,016 | | 6,366 | Distributions | | (350) | | | (6,016) | | | (6,366) | | Redemption Value Adjustment | | — | | | 4,977 | | 4,977 | Balance at March 31, 2023 | | $ | 40,231 | | $ | 479,977 | | $ | 520,208 |
| | | | | | | | | | | | | | | | | | | | | | | Series A and A-1 Preferred Units In VRLP | | Rockpoint Interests in VRT | | Total Redeemable Noncontrolling Interests | Balance at January 1, 2022 | | $ | 52,324 | | $ | 468,989 | | $ | 521,313 | Redemption/Payout | | (12,000) | | — | | (12,000) | | | | | | | | Net | | 40,324 | | 468,989 | | 509,313 | Income Attributed to Noncontrolling Interests | | 421 | | 6,016 | | 6,437 | Distributions | | (421) | | | (6,016) | | | (6,437) | | Redemption Value Adjustment | | (22) | | 3,221 | | 3,199 | Balance at March 31, 2022 | | $ | 40,302 | | $ | 472,210 | | $ | 512,512 |
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