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Equity
 3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Equity
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, 2016
 
$
885,988

 
$
36,603

 
$
922,591

Purchases of common stock1
 
(6,448
)
 
—

 
(6,448
)
Other transactions with shareholders and employees2
 
8,943

 
—

 
8,943

Net loss
 
(23,790
)
 
(61
)
 
(23,851
)
Dividends on common stock
 
(5,176
)
 
—

 
(5,176
)
Balance at March 31, 2017
 
$
859,517

 
$
36,542

 
$
896,059

 
 
 
 
 
 
 
 
Balance at December 31, 2015
 
$
839,237

 
$
30,884

 
$
870,121

Purchases of common stock3
 
(4,459
)
 
—

 
(4,459
)
Other transactions with shareholders and employees2
 
5,892

 
—

 
5,892

Transactions with non-controlling interests, net
 
2,441

 
(3,345
)
 
(904
)
Net (loss) income
 
(10,441
)
 
678

 
(9,763
)
Dividends on common stock
 
(5,143
)
 
—

 
(5,143
)
Balance at March 31, 2016
 
$
827,527

 
$
28,217

 
$
855,744

1Represents 131,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our 2012 Equity Incentive Plan.
2Amounts are comprised primarily of amortized restricted stock units.
3Represents 101,000 shares purchased in connection with employee tax withholding for restricted stock units vested under our 2012 Equity Incentive Plan.