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Noncontrolling Interests on the Company's Consolidated Financial Statements (Tables)
9 Months Ended
Sep. 30, 2015
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest
Below is the rollforward analysis of the activity relating to the noncontrolling interests in the Operating Partnership as of September 30, 2015 and December 31, 2014 (in thousands):
 
September 30, 2015
 
December 31, 2014
Balance at beginning of period
$
469,524

 
$
265,476

Distributions
(7,017
)
 
(7,849
)
Issuance of common units
27,898

 
56,469

Redemption of common units
(41,605
)
 
(31,653
)
Net income
6,634

 
18,467

Accumulated other comprehensive income allocation
(349
)
 
175

Fair value adjustment
(31,664
)
 
168,439

Balance at end of period
$
423,421

 
$
469,524

Schedule of Preferred Unit Activity
Below is the rollforward analysis of the activity relating to the preferred units in the Operating Partnership as of September 30, 2015 and December 31, 2014 (in thousands):
 
September 30, 2015
 
December 31, 2014
Balance at beginning of period
$
71,115

 
$
49,550

Issuance of preferred units
211,601

 
23,565

Redemption of preferred units
(200
)
 
(2,000
)
Balance at end of period
$
282,516

 
$
71,115