Noncontrolling Interests (Tables)

9 Months Ended

Sep. 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 September 30, 2013 (dollars in thousands):

	Tau Operating			Realty Income, L.P.
	Partnership units(1)			units(2)			Total
Fair value of units issued	$	13,962		$	22,600		$	36,562
Distributions	(518		)	(388		)	(906		)
Allocation of net income	153			269			422
Carrying value at September 30, 2013	$	13,597		$	22,481		$	36,078

(1)	Tau Operating Partnership units issued on January 22, 2013.
(2)	Realty Income, L.P. units issued on June 27, 2013.