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The following table reflects the activity of noncontrolling interests for the three and nine months ended September 30, 2024 and 2023, respectively:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
| (dollars in thousands) |
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2024 |
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2023 |
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2024 |
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2023 |
| Opening Balance |
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$ |
138,648 |
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$ |
151,065 |
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$ |
142,075 |
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$ |
163,652 |
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| Net loss |
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(1,215) |
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(5,443) |
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(1,968) |
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(4,401) |
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| Unit distributions |
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(613) |
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(435) |
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(1,591) |
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(435) |
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| Redeemable noncontrolling interests |
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(81) |
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(350) |
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(459) |
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(7,794) |
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| Change in noncontrolling interests in consolidated joint ventures |
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(486) |
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84 |
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(1,628) |
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(478) |
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| Redemption of common units for common stock |
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(22) |
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(2,297) |
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(135) |
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(11,348) |
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| Redemption of common units |
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— |
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— |
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— |
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(94) |
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| Stock compensation |
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— |
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— |
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— |
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487 |
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| Other comprehensive loss |
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(411) |
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(62) |
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(389) |
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(12) |
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| Rebalancing of ownership percentage between parent and subsidiaries |
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83 |
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902 |
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(2) |
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3,887 |
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| Balance at September 30 |
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$ |
135,903 |
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$ |
143,464 |
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$ |
135,903 |
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$ |
143,464 |
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