Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Noncontrolling Interests

v3.22.2
Note 7 - Noncontrolling Interests
6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Noncontrolling Interest Disclosure [Text Block]

Note 7 - Noncontrolling Interests

 

Noncontrolling interests represent limited partnership interest in the Operating Partnership not held by the Company.  Noncontrolling interests in the Operating Partnership are shown in the consolidated statements of changes in equity. 

 

The following table presents the activity for the Company’s noncontrolling interests issued by the Operating Partnership for the six months ended June 30,:

 

   

2022

   

2021

 
           

Noncontrolling

           

Noncontrolling

 
   

OP Units

   

Interests %

   

OP Units

   

Interests %

 

Balance at January 1,

    453,303       2.1 %     365,103       4.4 %

Restricted Stock Units Converted, net of taxes

    -             -          

OP Units Issued

    -               88,200        

OP Units Converted

    (79,721 )             -          

Balance at June 30,

    373,582       1.7 %     453,303       2.5 %