CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Current Assets
Cash and cash equivalents ($47,803, $46,210 and $41,052 related to consolidated construction joint ventures (“CCJVs”))	$ 150,225	$ 252,836	$ 221,785
Short-term marketable securities	54,863	25,043	17,607
Receivables, net ($77,012, $45,734 and $36,527 related to CCJVs)	512,752	340,822	456,688
Costs and estimated earnings in excess of billings ($2,940, $826 and $365 related to CCJVs)	80,032	59,070	56,971
Inventories	61,015	55,553	60,289
Equity in construction joint ventures	263,180	224,689	219,652
Other current assets ($8,649, $4,037 and $2,020 related to CCJVs)	28,047	26,985	30,351
Total current assets	1,150,114	984,998	1,063,343
Property and equipment, net ($15,302, $5,378 and $6,068 related to CCJVs)	407,327	385,129	385,036
Long-term marketable securities	52,908	80,652	70,646
Investments in affiliates	34,356	33,182	33,077
Goodwill	53,799	53,799	53,799
Deferred Tax Assets, Net	5,223	4,329	17,626
Other noncurrent assets	81,540	84,789	73,022
Total assets	1,785,267	1,626,878	1,696,549
Current liabilities
Current maturities of long-term debt	14,795	14,800	22
Accounts payable ($20,654, $11,909 and $10,438 related to CCJVs)	223,612	157,571	196,885
Billings in excess of costs and estimated earnings ($34,994, $15,768 and $13,794 related to CCJVs)	116,151	92,515	122,409
Accrued expenses and other current liabilities ($817, $1,171 and $1,148 related to CCJVs)	237,534	200,935	229,923
Total current liabilities	592,092	465,821	549,239
Long-term debt	240,715	244,323	269,594
Other long-term liabilities	46,270	46,613	41,211
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: 39,601,569 shares as of September 30, 2016, 39,412,877 shares as of December 31, 2015 and 39,380,053 shares as of September 30, 2015	396	394	394
Additional paid-in capital	148,485	140,912	139,071
Accumulated other comprehensive loss	(1,524)	(1,500)	(1,097)
Retained earnings	723,789	699,431	675,927
Total Granite Construction Incorporated shareholders’ equity	871,146	839,237	814,295
Non-controlling interests	35,044	30,884	22,210
Total equity	906,190	870,121	836,505
Total liabilities and equity	$ 1,785,267	$ 1,626,878	$ 1,696,549