Noncontrolling Interest

6 Months Ended

Jun. 30, 2015

Noncontrolling Interest [Abstract]

Noncontrolling Interest

2. Noncontrolling Interest

The table below presents a reconciliation of income attributable to the noncontrolling interest and noncontrolling equity:

	Six months ended June 30,
(in thousands, except percentages)	2015			2014
Net income of Albany Safran Composites, LLC (ASC)	$	1,282		$	801
Return attributable to the Company's preferred holding		(507	)		(501	)
Net income of ASC available for common ownership		775			300
Ownership percentage of noncontrolling shareholder		10	%		10	%
Net income attributable to noncontrolling interest	$	78		$	30
Noncontrolling interest, beginning of year	$	3,699		$	3,482
Net income attributable to noncontrolling interest		78			30
Changes in other comprehensive income attributable to noncontrolling interest		1			-
Noncontrolling interest, end of period	$	3,778		$	3,512