Noncontrolling Interest – Redeemable and Non-redeemable (Tables)

6 Months Ended

Jun. 30, 2022

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, 2021	$	5,444
Net loss attributable to redeemable noncontrolling interest		(266	)
Adjustment to the redemption value		763
Foreign currency translation adjustment		(118	)
Balance at June 30, 2022	$	5,823

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, 2021	$	15,315		$	58,601		$	11,640		$	85,556
Net income (loss) attributable to non-redeemable noncontrolling interest		(721	)		68			(100	)		(753	)
Distributions to non-controlling interests		—			(570	)		—			(570	)
Foreign currency translation adjustments		(3	)		(1,050	)		(224	)		(1,277	)
Balance at June 30, 2022	$	14,591		$	57,049		$	11,316		$	82,956
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.