Construction Contract and Other Service Revenues (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The table below reports construction contract and other service revenues by compensation arrangement (in thousands):

	For the Three Months Ended March 31,
	2022		2021
Construction contract revenue:
Guaranteed maximum price	$	47,923	$	2,101
Firm fixed price	3,444		1,471
Cost-plus fee	1,306		12,486
Other	527		500
	$	53,200	$	16,558

The table below reports construction contract and other service revenues by service type (in thousands):

	For the Three Months Ended March 31,
	2022		2021
Construction contract revenue:
Construction	$	52,569	$	15,756
Design	104		302
Other	527		500
	$	53,200	$	16,558

Contract with Customer, Contract Asset, Contract Liability and Receivable

The beginning and ending balances of accounts receivable related to our construction contracts were as follows (in thousands):

	For the Three Months Ended March 31,
	2022		2021
Beginning balance	$	7,193	$	13,997
Ending balance	$	4,165	$	7,283

The beginning and ending balances of our contract assets were as follows (in thousands):

	For the Three Months Ended March 31,
	2022		2021
Beginning balance	$	22,384	$	10,343
Ending balance	$	29,389	$	13,046

Changes in contract liabilities were as follows (in thousands):

	For the Three Months Ended March 31,
	2022		2021
Beginning balance	$	2,499	$	4,610
Ending balance	$	2,534	$	6,193
Portion of beginning balance recognized in revenue during period	$	26	$	547