Noncontrolling Interest – Redeemable and Non-redeemable (Tables)

3 Months Ended

Mar. 31, 2023

Noncontrolling Interest [Abstract]

Summary of Changes in Redeemable Noncontrolling Interest

Changes in the redeemable noncontrolling interest are as follows:

(in thousands)
Balance at December 31, 2022	$	4,956
Net loss attributable to redeemable noncontrolling interest		(123	)
Foreign currency translation adjustment		142
Balance at March 31, 2023	$	4,975

Non-redeemable noncontrolling interest

Non-redeemable noncontrolling interest represents the portion of equity in a subsidiary that is not attributable, directly or indirectly, to us. Our non-redeemable noncontrolling interest relates to the equity ownership interest that we do not own.

Changes in the non-redeemable noncontrolling interest are as follows:

(in thousands)	Glacier Park Inc.			Brewster (1)			Sky Lagoon			Total
Balance at December 31, 2022	$	16,690		$	55,702		$	9,918		$	82,310
Net income (loss) attributable to non-redeemable noncontrolling interest		(596	)		(649	)		847			(398	)
Foreign currency translation adjustments		—			143			422			565
Balance at March 31, 2023	$	16,094		$	55,196		$	11,187		$	82,477
Equity ownership interest that we do not own		20	%		40	%		49	%

(1)Includes Mountain Park Lodges and the Golden Skybridge at Brewster, part of the Banff Jasper Collection.