Equity (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity

The following tables summarize our equity activity for the periods presented:

(in thousands)	Granite Construction Incorporated			Non-controlling Interests			Total Equity
Balance at December 31, 2013	$	781,940		$	4,404		$	786,344
Purchase of common stock1	(4,278		)	—			(4,278		)
Other transactions with shareholders3	4,745			—			4,745
Transactions with non-controlling interests, net	—			4,264			4,264
Net loss	(20,553		)	(708		)	(21,261		)
Dividends on common stock	(5,083		)	—			(5,083		)
Balance at March 31, 2014	$	756,771		$	7,960		$	764,731

(in thousands)
Balance at December 31, 2012	$	829,953		$	41,905	$	871,858
Purchase of common stock2	(4,907		)	—		(4,907		)
Other transactions with shareholders3	5,657			—		5,657
Transactions with non-controlling interests, net	—			192		192
Net (loss) income	(21,982		)	2,156		(19,826		)
Dividends on common stock	(5,045		)	—		(5,045		)
Balance at March 31, 2013	$	803,676		$	44,253	$	847,929

¹Represents 110,000 shares purchased in connection with employee tax withholding for shares/units granted under our Amended and Restated 1999 Equity Incentive Plan.

²Represents 165,000 shares purchased in connection with employee tax withholding for shares/units granted under our Amended and Restated 1999 Equity Incentive Plan.

³Amounts are comprised primarily of amortized restricted stock and units.