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Non-Controlling Interests (Tables)
12 Months Ended
Dec. 31, 2021
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest on Balance Sheet
Non-controlling interests on the Company’s consolidated balance sheet is comprised of the following:
Balance as of December 31,
(In thousands)20212020
Common OP Units held by third parties$3,758 $4,016 
Series A Preferred Units held by third parties2,578 — 
Total Non-controlling Interests in the Operating Partnership6,336 4,016 
Non-controlling Interests in property owning subsidiaries368 371 
Total Non-controlling Interests$6,704 $4,387 
Schedule related to Investment Arrangements with Unaffiliated Third Party
The following table summarizes the activity related to investment arrangements with unaffiliated third parties.
Third Party Net Investment AmountNon-Controlling Ownership PercentageNet Real Estate Assets Subject to Investment ArrangementDistributions
As of December 31,As of December 31,As of December 31,Year Ended December 31,
Property Name
(Dollar amounts in thousands)
Investment Date2021202120212020202120202019
Plaza Del Rio Medical Office Campus Portfolio(1)
May 2015$368 2.4 %$12,925 $12,790 $— $— $— 
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(1)    One property within the Plaza Del Rio Medical Office Campus Portfolio was mortgaged as part of the Multi-Property CMBS Loan. See Note 4 - Mortgage Notes Payable for additional information.