Noncontrolling Interest (Tables)

3 Months Ended

Mar. 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:

	Three months ended March 31,
(in thousands, except percentages)	2020	2019
Net (loss)/income of Albany Safran Composites (ASC)	$(14,849)	$2,510
Less: Return attributable to the Company's preferred holding	302	328
Net (loss)/income of ASC available for common ownership	$(15,151)	$2,182
Ownership percentage of noncontrolling shareholder	10%	10%
Net (loss)/income attributable to noncontrolling interest	$(1,515)	$218
Noncontrolling interest, beginning of year	$4,006	$3,031
Net (loss)/income attributable to noncontrolling interest	(1,515)	218
Changes in other comprehensive income attributable to noncontrolling interest	109	(8)
Noncontrolling interest, end of interim period	$2,600	$3,241