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Stockholders’ Equity of the Company and Partners' Capital of the Operating Partnership (Tables)
 3 Months Ended
Mar. 31, 2018
Noncontrolling Interest Rollforward
The following table summarizes the changes in noncontrolling interest for the Company for the three months ended March 31, 2018 and 2017:
 
2018
 
2017
Balance as of December 31
$
48,077

 
$
43,184

    Net Income
1,172

 
782

    Other Comprehensive Income
183

 
76

    Common Stock Dividends and Unit Distributions
(775
)
 
(848
)
    Conversion of Limited Partner Units to Common Stock (A)
(5,009
)
 
—

    Retirement of Limited Partner Units (B)
(934
)
 
—

    Reallocation - Additional Paid-in-Capital
292

 
(38
)
Balance as of March 31
$
43,006

 
$
43,156


_______________
(A) For the three months ended March 31, 2018 and 2017, 410,781 and 0 Limited Partner Units, respectively, were converted into an equivalent number of shares of common stock of the Company, resulting in a reclassification of $5,009 and $0, respectively, 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 three months ended March 31, 2018 and 2017:
 
2018
 
2017
Balance as of December 31
$
779

 
$
956

    Net Income
21

 
27

    Contributions
116

 
7

    Distributions
(21
)
 
(17
)
Balance as of March 31
$
895

 
$
973