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Noncontrolling interest (Tables)
9 Months Ended
Sep. 30, 2016
Noncontrolling Interest [Abstract]  
Reconciliation of beginning and ending balances of noncontrolling interest and redeemable noncontrolling interest
The following tables present a reconciliation of the beginning and ending balances of redeemable noncontrolling interest and noncontrolling interest for the three and nine months ended September 30, 2016 and 2015:
 
Redeemable noncontrolling interest
 
Noncontrolling interest
 
Total noncontrolling interests
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Three Months Ended September 30,
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
1,532,283

 
$
1,035,511

 
$
212,154

 
$
153,523

 
$
1,744,437

 
$
1,189,034

Issuance of shares
700

 
45,000

 

 

 
700

 
45,000

Income attributable to noncontrolling interest
26,597

 
20,636

 
10,842

 
5,593

 
37,439

 
26,229

Redemption of shares
(6,484
)
 
(6,500
)
 

 

 
(6,484
)
 
(6,500
)
Redemptions payable
6,484

 
6,500

 

 

 
6,484

 
6,500

Distributions

 

 

 

 

 

Balance, end of period
$
1,559,580

 
$
1,101,147

 
$
222,996

 
$
159,116

 
$
1,782,576

 
$
1,260,263

 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period
$
1,111,714

 
$
617,791

 
$
154,662

 
$
292,274

 
$
1,266,376

 
$
910,065

Issuance of shares
381,950

 
497,700

 
171,674

 
9,600

 
553,624

 
507,300

Income attributable to noncontrolling interest
72,400

 
51,551

 
23,763

 
15,417

 
96,163

 
66,968

Redemption of shares
(6,484
)
 
(65,895
)
 

 

 
(6,484
)
 
(65,895
)
Redemptions payable

 

 

 

 

 

Distributions

 

 
(127,103
)
 
(158,175
)
 
(127,103
)
 
(158,175
)
Balance, end of period
$
1,559,580

 
$
1,101,147

 
$
222,996

 
$
159,116

 
$
1,782,576

 
$
1,260,263