Quarterly report pursuant to Section 13 or 15(d)

Non-Controlling Interest (Tables)

v2.4.0.8
Non-Controlling Interest (Tables)
3 Months Ended
Mar. 31, 2014
Noncontrolling Interest [Abstract]  
Analysis of Controlling and Non-Controlling Interest

The following is an analysis of the controlling and non-controlling interest from December 31, 2013 to March 31, 2014:

 

    Controlling
Interest
    Non-Controlling
Interest Holders
    Total  
    (amounts in thousands)  

Total Non-Controlling Interest and Equity — December 31, 2013

  $ 146,525      $ 4,099      $ 150,624   

Net income attributable to interest holders

    2,753        60        2,813   

Redemption of OP units

    (525     (998     (1,523

Equity-based compensation

    441        9        450   

Distributions

    (3,628     (79     (3,707

Change in accumulated other comprehensive income

    (13     —          (13

Tax basis difference on contributed asset

    1,819        39        1,858   

Change associated with non-controlling interest redeemable for cash

    (1,206     1,206        —     
 

 

 

   

 

 

   

 

 

 
    146,166        4,336        150,502   

Less Non-Controlling Interest Redeemable for cash

    —          (3,120     (3,120
 

 

 

   

 

 

   

 

 

 

Total Non-Controlling Interest and Equity— March 31, 2014

  $ 146,166      $ 1,216      $ 147,382   
 

 

 

   

 

 

   

 

 

 

Member Interests in Predecessor

Allocation of Profit and Loss and Cash Distributions prior to our IPO

Prior to the IPO, all profits, losses and cash distributions of the Predecessor were allocated based on the percentages as follows:

 

     Three Months Ended
March 31, 2013
 

MissionPoint HA Parallel Fund, L.P.

     70

Jeffrey W. Eckel, Chief Executive Officer

     18

Other management and employees of the Predecessor

     12