Equity and Capital (Tables)

6 Months Ended

Jun. 30, 2019

Summary of accumulated other comprehensive loss

The following tables present changes in the balances of each component of AOCI:

	Controlling Interests									Noncontrolling Interests			Total
(in thousands)	Cash Flow Hedges			Unrealized gain (loss) on Available-For-Sale Debt Securities			AOCI			Cash Flow Hedges			AOCI
Balance as of December 31, 2018	$	(805	)		(122	)		(927	)		189			(738	)
Other comprehensive loss before reclassifications		(13,874	)		260			(13,614	)		(842	)		(14,456	)
Amounts reclassified from AOCI ⁽¹⁾		455			—			455			(47	)		408
Current period other comprehensive loss, net		(13,419	)		260			(13,159	)		(889	)		(14,048	)
Balance as of June 30, 2019	$	(14,224	)		138			(14,086	)		(700	)		(14,786	)

⁽¹⁾ Amounts reclassified from AOCI into income are presented within Interest expense, net in the Consolidated Statements of Operations.

	Controlling Interests									Noncontrolling Interests			Total
(in thousands)	Cash Flow Hedges			Unrealized gain (loss) on Available-For-Sale Debt Securities			AOCI			Cash Flow Hedges			AOCI
Balance as of December 31, 2017	$	(6,262	)		(27	)		(6,289	)		(112	)		(6,401	)
Opening adjustment due to change in accounting policy ⁽²⁾		12			—			12			2			14
Adjusted balance as of January 1, 2018		(6,250	)		(27	)		(6,277	)		(110	)		(6,387	)
Other comprehensive income before reclassifications		13,156			(75	)		13,081			638			13,719
Amounts reclassified from AOCI ⁽¹⁾		3,513			—			3,513			40			3,553
Current period other comprehensive income, net		16,669			(75	)		16,594			678			17,272
Balance as of June 30, 2018	$	10,419			(102	)		10,317			568			10,885

⁽¹⁾ Amounts reclassified from AOCI into income are presented within Interest expense, net in the Consolidated Statement of Operations.

⁽²⁾ Upon adoption of ASU 2017-12, the Company recognized the immaterial adjustment to opening retained earnings and AOCI for previously recognized hedge ineffectiveness from off-market hedges, as further discussed in note 1.