Noncontrolling Interest (Tables)

9 Months Ended

Sep. 30, 2020

Noncontrolling Interest [Abstract]

Schedule of Income Attributable to Noncontrolling Interest and Noncontrolling Equity

The table below presents a reconciliation of income attributable to the noncontrolling interest and noncontrolling equity in the Company’s subsidiary Albany Safran Composites, LLC:

	Nine months ended September 30,
(in thousands, except percentages)	2020			2019
Net (loss)/income of Albany Safran Composites (ASC)	$	(13,310)		$	6,368
Less: Return attributable to the Company's preferred holding	884			974
Net (loss)/income of ASC available for common ownership	$	(14,194)		$	5,394
Ownership percentage of noncontrolling shareholder	10		%	10		%
Net (loss)/income attributable to noncontrolling interest	$	(1,419)		$	539
Noncontrolling interest, beginning of year	$	4,006		$	3,031
Net (loss)/income attributable to noncontrolling interest	(1,419)			539
Changes in other comprehensive income attributable to noncontrolling interest	462			(19)
Noncontrolling interest, end of interim period	$	3,049		$	3,551