Noncontrolling Interest – Redeemable and Non-redeemable (Tables)

9 Months Ended

Sep. 30, 2021

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, 2020	$	5,225
Net loss attributable to redeemable noncontrolling interest		(1,221	)
Adjustment to the redemption value		1,091
Capital contributions		282
Foreign currency translation adjustment		(126	)
Balance at September 30, 2021	$	5,251

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, 2020	$	13,953		$	51,295		$	12,896		$	78,144
Net (income) loss attributable to non-redeemable noncontrolling interest		1,893			1,976			(820	)		3,049
Acquisitions		—			6,759			—			6,759
Dividends		—			(1,160	)		—			(1,160	)
Foreign currency translation adjustments		1			117			(259	)		(141	)
Balance at September 30, 2021	$	15,847		$	58,987		$	11,817		$	86,651
Equity ownership interest that we do not own		20	%		40	%		49	%

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