Noncontrolling Interest – Redeemable and Non-redeemable (Tables)

6 Months Ended

Jun. 30, 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		(409	)
Foreign currency translation adjustment		180
Balance at June 30, 2023	$	4,727

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		(783	)		(24	)		1,312			505
Distributions to non-controlling interests		—			—			(1,126	)		(1,126	)
Foreign currency translation adjustments		6			1,279			515			1,800
Balance at June 30, 2023	$	15,913		$	56,957		$	10,619		$	83,489
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.