Related Party Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

Related Party Transactions

[14] Related Party Transactions

The Company leases certain facilities from Ronald N. Tutor, the Company's chairman and chief executive officer, and an affiliate owned by Mr. Tutor under non-cancelable operating lease agreements with monthly payments of $0.2 million, which increase at 3% per annum beginning August 1, 2009 and expire on July 31, 2016. Lease expense for these leases, recorded on a straight-line basis, was $2.3 million for the years ended December 31, 2012, 2011 and 2010.

Raymond R. Oneglia, who is the Vice Chairman of O&G Industries, Inc. ("O&G"), is a director of the Company. O&G occasionally participates in joint ventures with the Company. The Company's share of revenues related to these joint ventures amounted to $19.3 million (or less than 1%) and $5.5 million (or less than 1%) of the Company's consolidated revenues in 2012 and 2011. No revenues were earned from such joint ventures during 2010. O&G's cumulative holdings of the Company's stock as of December 31, 2012 and 2011 were 600,000 shares, or 1.26% and 1.27%, respectively, of total common shares outstanding at December 31, 2012 and 2011.

The Company had periodically utilized flight services from JF Aviation, LLC. James A. Frost is the Owner of JF Aviation, LLC and serves as Executive Vice President and Chief Executive Officer of the Company's Civil segment. During the years ended December 31, 2012 and 2011, the transactions amounted to approximately $0.4 million and $0.3 million, respectively.