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Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Net income | $ 464,448 | $ 413,599 | $ 458,043
Other comprehensive income (loss): |  |  |
Change in fair value of derivatives and amortization of swap settlements | (2,948) |  |
Change in fair value of derivatives and amortization of swap settlements before guidance |  | 7,824 | 12,744
Cash flow hedge losses reclassified to earnings | 1,824 | 0 | 0
Change in fair value of marketable debt securities, net | 281 | (118) | 3,284
Reversal of unrealized (gains) losses upon the sale of marketable debt securities | (32) | 13 | (1,909)
Total other comprehensive income (loss) | (875) | 7,719 | 14,119
Comprehensive income | 463,573 | 421,318 | 472,162
Comprehensive income attributable to noncontrolling interest | (25,133) | (23,702) | (25,451)
Comprehensive income attributable to controlling interest | 438,440 | 397,616 | 446,711
Essex Portfolio, L.P. |  |  |
Net income | 464,448 | 413,599 | 458,043
Other comprehensive income (loss): |  |  |
Change in fair value of derivatives and amortization of swap settlements | (2,948) |  |
Change in fair value of derivatives and amortization of swap settlements before guidance |  | 7,824 | 12,744
Cash flow hedge losses reclassified to earnings | 1,824 | 0 | 0
Change in fair value of marketable debt securities, net | 281 | (118) | 3,284
Reversal of unrealized (gains) losses upon the sale of marketable debt securities | (32) | 13 | (1,909)
Total other comprehensive income (loss) | (875) | 7,719 | 14,119
Comprehensive income | 463,573 | 421,318 | 472,162
Comprehensive income attributable to noncontrolling interest | (9,819) | (9,994) | (10,159)
Comprehensive income attributable to controlling interest | $ 453,754 | $ 411,324 | $ 462,003

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