Noncontrolling Interests- Redeemable and Non-redeemable (Tables)

12 Months Ended

Dec. 31, 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, 2021	$	5,444
Net loss attributable to redeemable noncontrolling interest		(748	)
Adjustment to the redemption value		763
Foreign currency translation adjustment		(503	)
Balance at December 31, 2022		4,956
Net loss attributable to redeemable noncontrolling interest		(401	)
Foreign currency translation adjustment		178
Balance at December 31, 2023	$	4,733

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 loss attributable to non-redeemable noncontrolling interest		1,394			1,675			(746	)		2,323
Distributions to non-controlling interests		—			(570	)		—			(570	)
Foreign currency translation adjustments		(19	)		(4,004	)		(976	)		(4,999	)
Balance at December 31, 2022	$	16,690		$	55,702		$	9,918		$	82,310
Net income (loss) attributable to non-redeemable noncontrolling interest		1,464			2,858			3,514			7,836
Distributions to non-controlling interests		—			(721	)		(2,005	)		(2,726	)
Foreign currency translation adjustments		5			1,269			494			1,768
Balance at December 31, 2023	$	18,159		$	59,108		$	11,921		$	89,188
Equity ownership interest that we do not own		20	%		40	%		49	%

Includes Mountain Park Lodges and the Golden Skybridge at Brewster, part of the Banff Jasper Collection.