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Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2019
Noncontrolling Interest [Abstract]  
Schedule of Redeemable Noncontrolling Interests

The following table sets forth the redeemable noncontrolling interests in the OP for the three months ended March 31, 2019 (in thousands):

 

Redeemable noncontrolling interests in the OP, December 31, 2018

 

$

2,567

 

Net loss attributable to redeemable noncontrolling interests in the OP

 

 

(13

)

Other comprehensive loss attributable to redeemable noncontrolling interests in the OP

 

 

(17

)

Contributions from redeemable noncontrolling interests in the OP

 

 

181

 

Distributions to redeemable noncontrolling interests in the OP

 

 

(36

)

Adjustment to reflect redemption value of redeemable noncontrolling interests in the OP

 

 

126

 

Redeemable noncontrolling interests in the OP, March 31, 2019

 

$

2,808

 

 

Summary of Fees Incurred to BH And Its Affiliates As Well As Reimbursements Paid to BH The following is a summary of fees that the properties incurred to BH and its affiliates, as well as reimbursements paid to BH from the properties for various operating expenses, for the three months ended March 31, 2019 and 2018 (in thousands):

 

 

 

For the Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Fees incurred

 

 

 

 

 

 

 

 

Property management fees

(1)

$

1,240

 

 

$

1,054

 

Construction supervision fees

(2)

 

224

 

 

 

287

 

Acquisition fees

(3)

 

308

 

 

 

 

 

 

 

 

 

 

 

 

 

Reimbursements

 

 

 

 

 

 

 

 

Payroll and benefits

(4)

 

4,311

 

 

 

3,788

 

Other reimbursements

(5)

 

633

 

 

 

461

 

 

(1)

Included in property management fees on the consolidated statements of operations and comprehensive income.

(2)

Capitalized on the consolidated balance sheets and reflected in buildings and improvements.

(3)

Includes due diligence costs. Acquisition fees are capitalized to real estate assets on the consolidated balance sheets.

(4)

Included in property operating expenses on the consolidated statements of operations and comprehensive income.

(5)

Includes property operating expenses such as repairs and maintenance costs and certain property general and administrative expenses, which are included on the consolidated statements of operations and comprehensive income.