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Noncontrolling Interests
6 Months Ended
Jun. 30, 2019
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests

Noncontrolling Interests in Consolidated Affiliates
 
At June 30, 2019, our noncontrolling interests in consolidated affiliates relate to our joint venture partners' 50.0% interest in office properties in Richmond and 20.0% interest in an office development property in Tampa. Our joint venture partners are unrelated third parties.

Noncontrolling Interests in the Operating Partnership

The following table sets forth the Company's noncontrolling interests in the Operating Partnership:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Beginning noncontrolling interests in the Operating Partnership
$
127,976

 
$
123,113

 
$
105,960

 
$
144,009

Adjustment of noncontrolling interests in the Operating Partnership to fair value
(14,722
)
 
19,310

 
8,532

 
(272
)
Conversions of Common Units to Common Stock
(222
)
 
(182
)
 
(353
)
 
(1,084
)
Net income attributable to noncontrolling interests in the Operating Partnership
1,044

 
1,381

 
1,237

 
2,269

Distributions to noncontrolling interests in the Operating Partnership
(1,298
)
 
(1,299
)
 
(2,598
)
 
(2,599
)
Total noncontrolling interests in the Operating Partnership
$
112,778

 
$
142,323

 
$
112,778

 
$
142,323


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,
 
2019
 
2018
 
2019
 
2018
Net income available for common stockholders
$
39,422

 
$
50,686

 
$
46,677

 
$
83,135

Increase in additional paid in capital from conversions of Common Units to Common Stock
222

 
182

 
353

 
1,084

Change from net income available for common stockholders and transfers from noncontrolling interests
$
39,644

 
$
50,868

 
$
47,030

 
$
84,219