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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership (Tables)
 6 Months Ended
Jun. 30, 2017
Noncontrolling Interest Rollforward
The following table summarizes the changes in noncontrolling interest for the Company for the six months ended June 30, 2017 and 2016:
 
2017
 
2016
Balance as of December 31
$
43,184

 
$
42,035

    Net Income
2,073

 
2,486

    Unit Distributions
(1,696
)
 
(1,632
)
    Other Comprehensive Income
30

 
(598
)
    Conversion of Limited Partner Units to Common Stock (A)
—

 
(107
)
    Reallocation - Additional Paid-in-Capital
1,522

 
2,434

    Reallocation - Other Comprehensive Income
3

 
—

Balance as of June 30
$
45,116

 
$
44,618


(A) For the six months ended June 30, 2016, 10,697 Limited Partner Units were converted into an equivalent number of shares of common stock of the Company, resulting in a reclassification of $107 of noncontrolling interest to the Company’s stockholders’ equity.
First Industrial, L.P.  
Noncontrolling Interest Rollforward
The following table summarizes the changes in noncontrolling interest for the Operating Partnership for the six months ended June 30, 2017 and 2016:
 
2017
 
2016
Balance as of December 31
$
956

 
$
1,096

    Net Income
53

 
74

    Contributions
20

 
15

    Distributions
(82
)
 
(174
)
Balance as of June 30
$
947

 
$
1,011