The following is summary financial information related to unconsolidated construction joint ventures (in thousands):



December 31,	2017		2016
Assets:
Cash, cash equivalents and marketable securities	$	289,940	$	537,991
Other current assets¹	812,577		644,809
Noncurrent assets	219,825		207,240
Less partners’ interest	869,782		935,615
Granite’s interest^1,2	452,560		454,425
Liabilities:
Current liabilities	682,832		696,215
Less partners’ interest and adjustments³	462,159		472,324
Granite’s interest	220,673		223,891
Equity in construction joint ventures⁴	$	231,887	$	230,534

¹Included in this balance and in accrued and other current liabilities on our consolidated balance sheets as of December 31, 2017 and 2016 was $88.6 million and $83.1 million, respectively, related to performance guarantees (see Note 10 of “Notes to the Consolidated Financial Statements”).

²Included in this balance as of December 31, 2017 and 2016 was $74.3 million and $65.4 million, respectively, related to Granite’s share of estimated cost recovery of customer affirmative claims. In addition, the balances as of December 31, 2017 and 2016 included $11.8 million and $5.6 million, respectively, related to Granite’s share of estimated recovery of back charge claims.

³Partners’ interest and adjustments includes amounts to reconcile total net assets as reported by our partners to Granite’s interest adjusted to reflect our accounting policies primarily related to gross profit forecast differences.

⁴As of December 31, 2017 and 2016, this balance included $15.9 million and $16.6 million, respectively, of deficit in construction joint ventures that is included in accrued expenses and other current liabilities in the consolidated balance sheets.



Years Ended December 31,	2017			2016		2015
Revenue:
Total	$	2,057,336		$	1,958,158	$	1,924,544
Less partners’ interest and adjustments¹	1,469,550			1,387,532		1,341,334
Granite’s interest	587,786			570,626		583,210
Cost of revenue:
Total	1,995,915			1,915,376		1,819,257
Less partners’ interest and adjustments¹	1,394,347			1,360,459		1,279,954
Granite’s interest	601,568			554,917		539,303
Granite’s interest in gross (loss) profit	$	(13,782	)	$	15,709	$	43,907

¹Partners’ interest and adjustments includes amounts to reconcile total revenue and total cost of revenue as reported by our partners to Granite’s interest adjusted to reflect our accounting policies primarily related to gross profit forecast differences.