what was the percentage change in the redeemable non controlling interests balance at december 31 2009 from 2008
vornado realty trust notes to consolidated financial statements ( continued ) 10 . redeemable noncontrolling interests - continued redeemable noncontrolling interests on our consolidated balance sheets are recorded at the greater of their carrying amount or redemption value at the end of each reporting period . changes in the value from period to period are charged to 201cadditional capital 201d in our consolidated statements of changes in equity . below is a table summarizing the activity of redeemable noncontrolling interests . ( amounts in thousands ) .

| Balance at December 31, 2008 | $1,177,978 |
| :--- | :--- |
| Net income | 25,120 |
| Distributions | (42,451) |
| Conversion of Class A units into common shares, at redemption value | (90,955) |
| Adjustment to carry redeemable Class A units at redemption value | 167,049 |
| Other, net | 14,887 |
| Balance at December 31, 2009 | $1,251,628 |
| Net income | 55,228 |
| Distributions | (53,515) |
| Conversion of Class A units into common shares, at redemption value | (126,764) |
| Adjustment to carry redeemable Class A units at redemption value | 191,826 |
| Redemption of Series D-12 redeemable units | (13,000) |
| Other, net | 22,571 |
| Balance at December 31, 2010 | $1,327,974 |

as of december 31 , 2010 and 2009 , the aggregate redemption value of redeemable class a units was $ 1066974000 and $ 971628000 , respectively . redeemable noncontrolling interests exclude our series g convertible preferred units and series d-13 cumulative redeemable preferred units , as they are accounted for as liabilities in accordance with asc 480 , distinguishing liabilities and equity , because of their possible settlement by issuing a variable number of vornado common shares . accordingly the fair value of these units is included as a component of 201cother liabilities 201d on our consolidated balance sheets and aggregated $ 55097000 and $ 60271000 as of december 31 , 2010 and 2009 , respectively. .

redeemable_balance_2009 = 1251628
redeemable_balance_2008 = 1177978
change = redeemable_balance_2009 - redeemable_balance_2008
percent_change = change / redeemable_balance_2008
answer = percent_change * 100