CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Current Assets
Cash and cash equivalents ($41,052, $61,276 and $29,518 related to consolidated construction joint ventures (“CCJVs”)	$ 221,785	$ 255,961	$ 167,174
Short-term marketable securities	17,607	25,504	27,950
Receivables, net ($36,527, $36,781 and $45,483 related to CCJVs)	456,688	310,934	417,628
Costs and estimated earnings in excess of billings ($365, $129 and $21,105 related to CCJVs)	56,971	36,411	62,823
Inventories	60,289	68,920	74,605
Real estate held for development and sale	11,609	11,609	11,773
Deferred income taxes	39,272	53,231	55,874
Equity in construction joint ventures	219,652	184,575	181,259
Other current assets	18,863	23,033	21,743
Total current assets	1,102,736	970,178	1,020,829
Property and equipment, net ($6,068, $11,969 and $16,172 related to CCJVs)	385,036	409,653	424,272
Long-term marketable securities	70,646	76,563	74,140
Investments in affiliates	33,077	32,361	34,177
Goodwill	53,799	53,799	53,799
Other noncurrent assets	73,412	77,940	75,826
Total assets	1,718,706	1,620,494	1,683,043
Current liabilities
Current maturities of long-term debt	22	21	21
Current maturities of non-recourse debt	5,822	1,226	1,226
Accounts payable ($10,438, $18,009 and $22,951 related to CCJVs)	196,885	151,935	205,493
Billings in excess of costs and estimated earnings ($13,794, $32,830 and $23,138 related to CCJVs)	122,409	108,992	115,809
Accrued expenses and other current liabilities ($1,148, $2,714 and $3,110 related to CCJVs)	224,101	200,652	221,618
Total current liabilities	549,239	462,826	544,167
Long-term debt	270,105	270,105	270,127
Long-term non-recourse debt	0	5,516	5,822
Other long-term liabilities	41,211	44,495	45,887
Deferred income taxes	$ 21,646	$ 20,446	$ 9,977
Commitments and contingencies
Equity
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding	$ 0	$ 0	$ 0
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding 39,380,053 shares as of September 30, 2015, 39,186,386 shares as of December 31, 2014 and 39,152,255 shares as of September 30, 2014	394	392	391
Additional paid-in capital	137,974	134,177	132,396
Retained earnings	675,927	659,816	648,017
Total Granite Construction Incorporated shareholders’ equity	814,295	794,385	780,804
Non-controlling interests	22,210	22,721	26,259
Total equity	836,505	817,106	807,063
Total liabilities and equity	$ 1,718,706	$ 1,620,494	$ 1,683,043