Noncontrolling Interest (Tables)

12 Months Ended

Dec. 31, 2018

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, and the impact of transitioning to ASC 606:

(in thousands, except percentages)	2018		2017
Net income/(loss) of ASC	$2,578		$(4,224	)
Less: Return attributable to the Company's preferred holding	1,299		1,032
Net income/(loss) of ASC available for common ownership	$1,279		$(5,256	)
Ownership percentage of noncontrolling shareholder	10%		10%
Net income/(loss) attributable to noncontrolling interest	$128		$(526	)
Noncontrolling interest, beginning of year	$3,247		$3,767
ASC 606 transition effect	(327	)	-
Net income/(loss) attributable to noncontrolling interest	128		(526	)
Changes in other comprehensive income attributable to noncontrolling interest	(17	)	6
Noncontrolling interest, end of year	$3,031		$3,247