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Other Comprehensive Income
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Other Comprehensive Income

9.

Other Comprehensive Income

The changes in Accumulated Other Comprehensive (Loss) Income by component are as follows (in thousands):

 

 

Foreign

Currency

Items

 

Balance, December 31, 2020

 

$

(2,682

)

Other comprehensive loss before reclassifications

 

 

(1

)

Reclassification adjustment for foreign currency translation(A)

 

 

2,683

 

Net current-period other comprehensive income

 

 

2,682

 

Balance, March 31, 2021

 

$

 

(A)

Represents the release of foreign currency translation related to the sale of a parcel of undeveloped land in Richmond Hill, Ontario owned by one of the Company’s joint ventures (Note 3).