CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Current Assets
Cash and cash equivalents ($60,406, $73,115 and $46,993 related to consolidated construction joint ventures (“CCJVs”))	$ 169,501	$ 189,326	$ 198,298
Short-term marketable securities	67,824	64,884	43,001
Receivables, net ($55,215, $52,613 and $51,431 related to CCJVs)	351,091	419,345	307,483
Costs and estimated earnings in excess of billings ($2,965, $5,046 and $356 related to CCJVs)	90,112	73,102	76,972
Inventories	58,781	55,245	59,444
Equity in construction joint ventures	235,683	247,182	240,480
Other current assets ($7,047, $7,500 and $4,829 related to CCJVs)	54,542	39,908	37,100
Total current assets	1,027,534	1,088,992	962,778
Property and equipment, net ($26,161, $20,500 and $12,925 related to CCJVs)	412,490	406,650	398,750
Long-term marketable securities	59,989	62,895	72,653
Investments in affiliates	36,410	35,668	34,619
Goodwill	53,799	53,799	53,799
Deferred Tax Assets, Net	0	0	5,119
Other noncurrent assets	87,997	85,449	84,512
Total assets	1,678,219	1,733,453	1,612,230
Current liabilities
Current maturities of long-term debt	14,796	14,796	14,795
Accounts payable ($19,386, $26,419 and $16,309 related to CCJVs)	170,006	199,029	139,215
Billings in excess of costs and estimated earnings ($34,467, $33,704 and $23,538 related to CCJVs)	91,527	97,522	89,188
Accrued expenses and other current liabilities ($1,426, $1,544 and $1,442 related to CCJVs)	224,850	218,587	226,276
Total current liabilities	501,179	529,934	469,474
Long-term debt	228,306	229,498	243,099
Deferred income taxes, net	5,609	5,441	0
Other long-term liabilities	47,066	45,989	43,913
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: 39,815,232 shares as of March 31, 2017, 39,621,140 shares as of December 31, 2016 and 39,563,620 shares as of March 31, 2016	398	396	396
Additional paid-in capital	152,805	150,337	144,916
Accumulated other comprehensive loss	(257)	(371)	(1,569)
Retained earnings	706,571	735,626	683,784
Total Granite Construction Incorporated shareholders’ equity	859,517	885,988	827,527
Non-controlling interests	36,542	36,603	28,217
Total equity	896,059	922,591	855,744
Total liabilities and equity	$ 1,678,219	$ 1,733,453	$ 1,612,230