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Noncontrolling Interests on the Company's Consolidated Financial Statements (Tables)
12 Months Ended
Dec. 31, 2018
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest
Below is a summary of the activity relating to the noncontrolling interests in the Operating Partnership as of December 31, 2018 and 2017 (in thousands):
 
December 31,
 
2018
 
2017
Balance at beginning of period
$
461,954

 
$
473,882

Distributions
(15,000
)
 
(14,266
)
Issuance of common units
23,655

 
25,723

Redemption of common units
(60,718
)
 
(21,574
)
Net income
12,216

 
3,995

Accumulated other comprehensive income allocation
(66
)
 
(94
)
Fair value adjustment
(34,236
)
 
(5,712
)
Balance at end of period
$
387,805

 
$
461,954

Schedule of Preferred Unit Activity
Below is a summary of the activity relating to the preferred units in the Operating Partnership as of December 31, 2018 and 2017 (in thousands):
 
December 31,
 
2018
 
2017
Balance at beginning of period
$
301,735

 
$
302,010

Issuance of preferred units

 

Redemption of preferred units
(1,308
)
 
(275
)
Balance at end of period
$
300,427

 
$
301,735