Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2015

Schedule Of Noncontrolling Interest Property Partnerships [Table Text Block]

The following table reflects the activity of the noncontrolling interests in property partnerships for the six months ended June 30, 2015 and 2014 (in thousands):



Balance at December 31, 2014	$	1,602,467
Capital contributions	1,089
Net income	20,031
Accumulated other comprehensive income	916
Distributions	(34,022		)
Balance at June 30, 2015	$	1,590,481

Balance at December 31, 2013	$	726,132
Capital contributions	1,675
Net income	5,438
Distributions	(12,149		)
Balance at June 30, 2014	$	721,096

Schedule Of redeemable preferred units

The following table reflects the activity of the noncontrolling interests—redeemable preferred units of the Operating Partnership for the six months ended June 30, 2015 and 2014 (in thousands):



Balance at December 31, 2014	$	633
Net income	6
Distributions	(6		)
Redemption of redeemable preferred units (Series Four Preferred Units)	(633		)
Balance at June 30, 2015	$	—

Balance at December 31, 2013	$	51,312
Net income	939
Distributions	(939		)
Conversion of redeemable preferred units (Series Two Preferred Units) to common units	(33,306		)
Balance at June 30, 2014	$	18,006

Schedule of Redeemable Interest in Property Partnerships [Table Text Block]

The following table reflects the activity of the noncontrolling interest—redeemable interest in property partnership in the Company's Fountain Square consolidated entity for the six months ended June 30, 2015 and 2014 (in thousands):



Balance at December 31, 2014	$	104,692
Net loss	(24		)
Distributions	(2,900		)
Adjustment to reflect redeemable interest at redemption value	4,465
Balance at June 30, 2015	$	106,233

Balance at December 31, 2013	$	99,609
Net loss	(240		)
Distributions	(2,300		)
Adjustment to reflect redeemable interest at redemption value	6,709			(1)
Balance at June 30, 2014	$	103,778

_______________

(1) Includes an out-of-period adjustment totaling approximately $2.4 million (See Note 2).