Non-controlling Interests (Tables)

3 Months Ended

Mar. 31, 2022

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
(In thousands)	March 31, 2022		December 31, 2021
Series A Preferred Units held by third parties	$	2,578	$	2,578
Common OP Units held by third parties	3,963		3,758
Total Non-controlling Interests in the Operating Partnership	6,541		6,336
Non-controlling Interests in property owning subsidiaries	373		368
Total Non-controlling interests	$	6,914	$	6,704

Summary of Non-controlling Interest

The following table summarizes the activity related to investment arrangements with the unaffiliated third parties:

										Distributions
		Third Party Net Investment Amount		Non-Controlling Ownership Percentage		Net Real Estate Assets Subject to Investment Arrangement				Three Months Ended March 31,
Property Name (Dollar amounts in thousands)	Investment Date	March 31, 2022		March 31, 2022		March 31, 2022		As of December 31, 2021		2022	2021
Plaza Del Rio Medical Office Campus Portfolio (1)	May 2015	$	373	2.4	%	$	12,751	$	12,925	—	—

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(1) One property within the Plaza Del Rio Medical Office Campus Portfolio was pledged to secure the Multi-Property CMBS Loan. See Note 4 - Mortgage Notes Payable for additional information.