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Noncontrolling Interests (Tables)
 6 Months Ended
Jun. 30, 2020
Noncontrolling Interest [Line Items]  
Reconciliation Of Redeemable Noncontrolling Interest
Reconciliation of Redeemable Noncontrolling Interest
 
Three Months Ended June 30
 
Six Months Ended June 30
 
2020
 
2019
 
2020
 
2019
Beginning Balance
$
—

 
$
7,800

 
$
—

 
$
7,800

Allocation of net loss


 
(144
)
 
 
 
(237
)
Former Taubman Asia President adjustment of redeemable equity
 
 
(1,800
)
 
 
 
(1,800
)
Adjustments of redeemable noncontrolling interest


 
144

 
 
 
237

Ending Balance
$
—

 
$
6,000

 
$
—

 
$
6,000
Net equity balance of noncontrolling interests
The net equity balance of the non-redeemable noncontrolling interests as of June 30, 2020 and December 31, 2019 included the following:
 
2020
 
2019
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(151,371
)
 
$
(153,343
)
Noncontrolling interests in partnership equity of TRG
(42,423
)
 
(13,840
)
 
$
(193,794
)
 
$
(167,183
)
Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to the noncontrolling interests for the three months ended June 30, 2020 and 2019 included the following:
 
Three Months Ended June 30
 
2020
 
2019
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
300

 
$
976

Noncontrolling share of income of TRG
(13,811
)
 
3,408

 
$
(13,511
)
 
$
4,384

Redeemable noncontrolling interest:


 
(144
)
 
$
(13,511
)
 
$
4,240



Net income (loss) attributable to the noncontrolling interests for the six months ended June 30, 2020 and 2019 included the following:
 
Six Months Ended June 30
 
2020
 
2019
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
1,323

 
$
2,498

Noncontrolling share of income of TRG
(4,601
)
 
10,209

 
$
(3,278
)
 
$
12,707

Redeemable noncontrolling interest:


 
(237
)
 
$
(3,278
)
 
$
12,470
Effects of changes in ownership interest in consolidated subsidiaries on equity
The following table presents the effects of changes in TCO’s ownership interest in consolidated subsidiaries on TCO’s equity for the six months ended June 30, 2020 and 2019:
 
Six Months Ended June 30
 
2020
 
2019
Net income (loss) attributable to TCO common shareholders
$
(14,197
)
 
$
21,356

Transfers (to) from the noncontrolling interest:
 

 
 

Increase (decrease) in TCO’s paid-in capital for adjustments of noncontrolling interest (1)
(248
)
 
57,500

Net transfers (to) from noncontrolling interests
(248
)
 
57,500

Change from net income (loss) attributable to TCO and transfers (to) from noncontrolling interests
$
(14,445
)
 
$
78,856


(1)
In 2020 and 2019, adjustments of the noncontrolling interest were made as a result of changes in our ownership of TRG in connection with our share-based compensation under employee and director benefit plans (Note 8) and issuances of common stock pursuant to the Continuing Offer (Note 9). In 2019, adjustments of noncontrolling interest were made in connection with the accounting for the Former Taubman Asia President's redeemable ownership interest and issuance of TRG Units for the acquisition of The Gardens Mall (Note 2).