Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units

12 Months Ended

Dec. 31, 2014

Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units [Abstract]

Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units

Note 18. Nonconcontrolling Interest – Limited Partners’ Mezzanine OP Units


	December 31,
	2014	2013

Balance, beginning of year	$ 414,000	$ 623,000

Net income (loss)	11,000	(2,000)
Unrealized (loss) on change in fair value of cash flow hedges	(2,000)	-
Total other comprehensive income (loss)	9,000	(2,000)

Distributions	(12,000)	(14,000)
Redemptions of OP Units	-	(160,000)
Reallocation adjustment of limited partners' interest	(15,000)	(33,000)

Balance, end of year	$ 396,000	$ 414,000

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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