Quarterly report pursuant to Section 13 or 15(d)

Noncontrolling Interests

v3.22.2.2
Noncontrolling Interests
9 Months Ended
Sep. 30, 2022
Noncontrolling Interest [Abstract]  
Noncontrolling Interests Noncontrolling InterestsNoncontrolling 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 nine months ended September 30,:
2022 2021
OP Units Noncontrolling
Interests %
OP Units Noncontrolling
Interests %
Balance at January 1, 453,303 2.1% 365,103 4.5  %
OP Units Issued 88,200  
OP Units Converted (79,721)
Balance at September 30, 373,582 1.7% 453,303 2.1  %