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Noncontrolling Interests on the Company's Consolidated Financial Statements (Tables) | 9 Months Ended
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Sep. 30, 2018
Noncontrolling Interest [Abstract] |
Schedule of Noncontrolling Interest | Below is a summary of the activity relating to the noncontrolling interests in the Operating Partnership for the nine months ended September 30, 2018 and the twelve months ended December 31, 2017 (in thousands):
| September 30, 2018 |  | December 31, 2017
Balance at beginning of period | $ | 461,954 |  |  | $ | 473,882 |
Distributions | (11,469 | ) |  | (14,266 | )
Issuance of common units | 19,980 |  |  | 25,723 |
Redemption of common units | (12,005 | ) |  | (21,574 | )
Net income | 15,656 |  |  | 3,995 |
Accumulated other comprehensive income allocation | 1,075 |  |  | (94 | )
Fair value adjustment | (7,448 | ) |  | (5,712 | )
Balance at end of period | $ | 467,743 |  |  | $ | 461,954 |
Schedule of Preferred Unit Activity | Below is a summary of the activity relating to the preferred units in the Operating Partnership for the nine months ended September 30, 2018 and the twelve months ended December 31, 2017 (in thousands):
| September 30, 2018 |  | December 31, 2017
Balance at beginning of period | $ | 301,735 |  |  | $ | 302,010 |
Issuance of preferred units | — |  |  | — |
Redemption of preferred units | (450 | ) |  | (275 | )
Balance at end of period | $ | 301,285 |  |  | $ | 301,735 |

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- Definition Tabular disclosure of the information pertaining to the noncontrolling interest. + References No definition available. + Details
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- Definition Tabular disclosure of preferred units of master limited partnerships that have priority over limited partner units in areas including liquidation, redemption, conversion, tax status of distribution or sharing in distributions. This schedule ordinarily includes a description of the preferred units that details various rights including redemption, conversion, liquidation, and sharing in distributions; capital contributed by preferred partners; number of preferred units authorized to be issued, issued, and outstanding; aggregate cumulative cash distributions made to the preferred partners; aggregate cumulative net income earned by the preferred partners; capital account balance of the preferred partners. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 272 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 5 -Subparagraph (SAB TOPIC 4.F) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187171-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 272 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055 + Details
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