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Noncontrolling Interests
3 Months Ended
Mar. 31, 2017
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests

Noncontrolling Interests in Consolidated Affiliates
 
At March 31, 2017, our noncontrolling interests in consolidated affiliates relate to our joint venture partner's 50.0% interest in office properties in Richmond. 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,
 
2017
 
2016
Beginning noncontrolling interests in the Operating Partnership
$
144,802

 
$
126,429

Adjustment of noncontrolling interests in the Operating Partnership to fair value
(4,972
)
 
429

Conversions of Common Units to Common Stock
(102
)
 

Net income attributable to noncontrolling interests in the Operating Partnership
888

 
13,011

Distributions to noncontrolling interests in the Operating Partnership
(1,249
)
 
(1,232
)
Total noncontrolling interests in the Operating Partnership
$
139,367

 
$
138,637


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,
 
2017
 
2016
Net income available for common stockholders
$
31,674

 
$
432,790

Increase in additional paid in capital from conversions of Common Units
to Common Stock
102

 

Change from net income available for common stockholders and transfers from noncontrolling interests
$
31,776

 
$
432,790