Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2013

Noncontrolling Interests

Schedule of the change in the carrying value of all noncontrolling interests

The following table represents the change in the carrying value of all noncontrolling interests, including Tau Operating Partnership units which are discussed in note 4, through June 30, 2013 (dollars in thousands):

	Tau Operating			Realty Income, L.P.
	Partnership units(1)			units(2)			Total
Fair value of units issued	$	13,962		$	22,601		$	36,563
Distributions	(345		)	(97		)	(442		)
Allocation of net income	75			11			86
Carrying value at June 30, 2013	$	13,692		$	22,515		$	36,207

(1)  Tau Operating partnership units issued on January 22, 2013.

(2)  Realty Income, L.P. units issued on June 27, 2013.