NONCONTROLLING INTERESTS (Tables)

3 Months Ended

Mar. 31, 2024

NONCONTROLLING INTERESTS

Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership

The following table sets forth redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership for the following period (dollars in thousands):

Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership at December 31, 2023	$	961,087
Mark-to-market adjustment to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership		(14,629)
Conversion of OP Units/DownREIT Units to Common Stock or Cash		(7,288)
Net income/(loss) attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership		3,149
Distributions to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership		(10,712)
Redeemable Long-Term and Short-Term Incentive Plan Units		5,356
Allocation of other comprehensive income/(loss)		348
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership at March 31, 2024	$	937,311