v2.4.0.8
Noncontrolling Interests (Tables)
9 Months Ended
Sep. 30, 2014
Noncontrolling Interest [Abstract]  
Schedule Of redeemable preferred units
The following table reflects the activity of the noncontrolling interests—redeemable preferred units of the Operating Partnership for the nine months ended September 30, 2014 and 2013 (in thousands):
 
 
 
Balance at January 1, 2014
$
51,312

Net income
1,014

Distributions
(1,014
)
Conversion of redeemable preferred units (Series Two Preferred Units) to common units
(33,306
)
Redemption of redeemable preferred units (Series Four Preferred Units)
(15,984
)
Balance at September 30, 2014
$
2,022

 
 
Balance at January 1, 2013
$
110,876

Net income
3,385

Distributions
(3,385
)
Redemption of redeemable preferred units (Series Four Preferred Units)
(43,070
)
Balance at September 30, 2013
$
67,806

Schedule of Redeemable Interest in Property Partnerships [Table Text Block]
The following table reflects the activity of the noncontrolling interest—redeemable interest in property partnership in the Company's Fountain Square consolidated joint venture for the nine months ended September 30, 2014 and 2013 (in thousands):
Balance at January 1, 2014
$
99,609

 
Net loss
(519
)
 
Distributions
(4,300
)
 
Adjustment to reflect redeemable interest at redemption value
9,315

(1)
Balance at September 30, 2014
$
104,105

 
 
 
 
Balance at January 1, 2013
$
97,558

 
Net loss
(1,523
)
 
Distributions
(3,935
)
 
Adjustment to reflect redeemable interest at redemption value
6,549

 
Balance at September 30, 2013
$
98,649

 

 _______________ 
(1) Includes an out-of-period adjustment totaling approximately $1.9 million (See Note 2).