Noncontrolling Interests

3 Months Ended

Mar. 31, 2016

Noncontrolling Interests in Consolidated Affiliates

At March 31, 2016, our noncontrolling interests in consolidated affiliates relate to our joint venture partner's 50.0% interest in office properties in Richmond, VA. Our joint venture partner is an unrelated third party.

Noncontrolling Interests in the Operating Partnership

The following table sets forth the Company's noncontrolling interests in the Operating Partnership:



	Three Months Ended March 31,
	2016			2015
Beginning noncontrolling interests in the Operating Partnership	$	126,429		$	130,048
Adjustment of noncontrolling interests in the Operating Partnership to fair value	429			5,036
Conversions of Common Units to Common Stock	—			(1,206		)
Net income attributable to noncontrolling interests in the Operating Partnership	13,011			596
Distributions to noncontrolling interests in the Operating Partnership	(1,232		)	(1,248		)
Total noncontrolling interests in the Operating Partnership	$	138,637		$	133,226

The following table sets forth net income available for common stockholders and transfers from the Company's noncontrolling interests in the Operating Partnership:



	Three Months Ended March 31,
	2016		2015
Net income available for common stockholders	$	432,790	$	19,316
Increase in additional paid in capital from conversions of Common Units to Common Stock	—		1,206
Change from net income available for common stockholders and transfers from noncontrolling interests	$	432,790	$	20,522