Noncontrolling Interest (Tables)

12 Months Ended

Dec. 31, 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:

(in thousands, except percentages)	2020			2019
Net income/(loss) of Albany Safran Composites (ASC)	$	(12,261)		$	11,140
Less: Return attributable to the Company's preferred holding	1,202			1,291
Net income/(loss) of ASC available for common ownership	$	(13,463)		$	9,849
Ownership percentage of noncontrolling shareholder	10		%	10		%
Net income/(loss) attributable to noncontrolling interest	$	(1,346)		$	985
Noncontrolling interest, beginning of year	$	4,006		$	3,031
Net income/(loss) attributable to noncontrolling interest	(1,346)			985
Changes in other comprehensive income attributable to noncontrolling interest	1,139			(10)
Noncontrolling interest, end of year	$	3,799		$	4,006