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Noncontrolling Interests
 3 Months Ended
Mar. 31, 2025
Noncontrolling Interest [Abstract]  
Noncontrolling Interests Noncontrolling Interests
Noncontrolling Interests in Consolidated Affiliates

As of March 31, 2025, our noncontrolling interest in consolidated affiliates relates to our joint venture partner's 20.0% interest in the Midtown West joint venture. 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,
20252024
Beginning noncontrolling interests in the Operating Partnership$65,791 $49,520 
Adjustment of noncontrolling interests in the Operating Partnership to fair value(2,902)7,479 
Conversions of Common Units to Common Stock— (132)
Redemptions of Common Units(10)— 
Net income attributable to noncontrolling interests in the Operating Partnership1,956 533 
Distributions to noncontrolling interests in the Operating Partnership(1,076)(1,076)
Total noncontrolling interests in the Operating Partnership$63,759 $56,324 

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,
20252024
Net income available for common stockholders$97,449 $26,064 
Increase in additional paid in capital from conversions of Common Units to Common Stock— 132 
Redemptions of Common Units10 — 
Change from net income available for common stockholders and transfers from noncontrolling interests$97,459 $26,196