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Noncontrolling Interests on the Company's Consolidated Financial Statements (Tables)
6 Months Ended
Jun. 30, 2017
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 June 30, 2017 and December 31, 2016 (in thousands):
 
June 30, 2017
 
December 31, 2016
Balance at beginning of period
$
473,882

 
$
424,206

Distributions
(7,112
)
 
(12,671
)
Issuance of common units
20,824

 
78,495

Redemption of common units
(13,242
)
 
(31,805
)
Net income
895

 
10,136

Accumulated other comprehensive income allocation
(299
)
 
1,299

Fair value adjustment
12,712

 
4,222

Balance at end of period
$
487,660

 
$
473,882

Schedule of Preferred Unit Activity
Below is the rollforward analysis of the activity relating to the preferred units in the Operating Partnership as of June 30, 2017 and December 31, 2016 (in thousands):
 
June 30, 2017
 
December 31, 2016
Balance at beginning of period
$
302,010

 
$
282,516

Issuance of preferred units

 
22,793

Redemption of preferred units
(125
)
 
(3,299
)
Balance at end of period
$
301,885

 
$
302,010