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Noncontrolling Interests
9 Months Ended
Sep. 30, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests

Noncontrolling Interests in Consolidated Affiliates
 
At September 30, 2016, 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:
 
 
Nine Months Ended
September 30,
 
2016
 
2015
Beginning noncontrolling interests in the Operating Partnership
$
126,429

 
$
130,048

Adjustment of noncontrolling interests in the Operating Partnership to fair value
13,390

 
(14,649
)
Conversions of Common Units to Common Stock
(3,006
)
 
(1,206
)
Net income attributable to noncontrolling interests in the Operating Partnership
14,876

 
2,296

Distributions to noncontrolling interests in the Operating Partnership
(3,684
)
 
(3,721
)
Total noncontrolling interests in the Operating Partnership
$
148,005

 
$
112,768


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
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
Net income available for common stockholders
$
31,971

 
$
29,749

 
$
496,409

 
$
74,220

Increase in additional paid in capital from conversions of Common Units
to Common Stock
1,448

 

 
3,006

 
1,206

Change from net income available for common stockholders and transfers from noncontrolling interests
$
33,419

 
$
29,749

 
$
499,415

 
$
75,426