The following table details the components of accumulated other comprehensive income (loss) of the Parent Company and the Operating Partnership as of and for the three years ended December 31, 2014 (in thousands):



Parent Company	Cash Flow Hedges
Balance at January 1, 2012	$	(6,079	)
Change during year	(7,338		)
Non-controlling interest — consolidated real estate venture partner’s share of unrealized (gains)/losses on derivative financial instruments	187
Settlement of interest rate swaps	(2,985		)
Reclassification adjustments for (gains)/losses reclassified into operations	297
Balance at December 31, 2012	$	(15,918	)
Change during year	12,789
Non-controlling interest — consolidated real estate venture partner’s share of unrealized (gains)/losses on derivative financial instruments	(152		)
Reclassification adjustments for (gains)/losses reclassified into operations	286
Balance at December 31, 2013	$	(2,995	)
Change during year	(1,190		)
Non-controlling interest — consolidated real estate venture partner’s share of unrealized (gains)/losses on derivative financial instruments	18
Settlement of interest rate swaps	(828		)
Reclassification adjustments for (gains)/losses reclassified into operations	388
Balance at December 31, 2014	$	(4,607	)



Operating Partnership	Cash Flow Hedges
Balance at January 1, 2012	$	(6,426	)
Change during year	(7,338		)
Reclassification adjustments for (gains)/losses reclassified into operations	297
Settlement of interest rate swaps	(2,985		)
Balance at December 31, 2012	$	(16,452	)
Change during year	12,789
Reclassification adjustments for (gains)/losses reclassified into operations	286
Balance at December 31, 2013	$	(3,377	)
Change during year	(1,190		)
Settlement of interest rate swaps	(828		)
Reclassification adjustments for (gains)/losses reclassified into operations	388
Balance at December 31, 2014	$	(5,007	)