Noncontrolling Interest (Tables)

6 Months Ended

Jun. 30, 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:

	Six months ended June 30,
(in thousands, except percentages)	2020			2019
Net (loss)/income of Albany Safran Composites (ASC)	$	(13,612)		$	4,884
Less: Return attributable to the Company's preferred holding	587			652
Net (loss)/income of ASC available for common ownership	$	(14,199)		$	4,232
Ownership percentage of noncontrolling shareholder	10		%	10		%
Net (loss)/income attributable to noncontrolling interest	$	(1,420)		$	423
Noncontrolling interest, beginning of year	$	4,006		$	3,031
Net (loss)/income attributable to noncontrolling interest	(1,420)			423
Changes in other comprehensive income attributable to noncontrolling interest	261			(6)
Noncontrolling interest, end of interim period	$	2,847		$	3,448