Quarterly report pursuant to Section 13 or 15(d)

Organization (Tables)

v3.4.0.3
Organization (Tables)
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Redeemable Noncontrolling Interest

Redemption value exceeded the value determined under the Company’s historical basis of accounting at those dates.

 

(dollars in thousands)

   Three Months
Ended
Mar. 31, 2016
 

Beginning balance noncontrolling redeemable Operating Partnership Units

   $ 18,171   

Issuance of Operating Partnership Units

     4,472   

Net income attributable to noncontrolling interest in the Operating Partnership

     130   

Distributions

     (144

Adjustment to redemption value

     1,584   
  

 

 

 

Ending balance noncontrolling redeemable Operating Partnership Units

   $ 24,213