Construction Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2023

Guarantees and Product Warranties [Abstract]

Schedule of Unconsolidated Joint Ventures Assets and Liabilities

(in thousands)	June 30, 2023		December 31, 2022
Assets
Cash, cash equivalents and marketable securities	$	110,275	$	130,635
Other current assets (1)	694,959		681,221
Noncurrent assets	60,534		76,204
Less partners’ interest	593,218		604,741
Granite’s interest (1),(2)	$	272,550	$	283,319
Liabilities
Current liabilities	$	209,643	$	244,411
Less partners’ interest and adjustments (3)	111,104		130,911
Granite’s interest	$	98,539	$	113,500
Equity in construction joint ventures (4)	$	174,011	$	169,819

Schedule of Unconsolidated Joint Ventures Revenue and Costs

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2023		2022		2023		2022
Revenue
Total	$	25,211	$	91,564	$	63,385	$	252,703
Less partners’ interest and adjustments (1)	15,691		68,374		39,020		179,858
Granite’s interest	$	9,520	$	23,190	$	24,365	$	72,845
Cost of revenue
Total	$	40,564	$	93,162	$	84,935	$	251,083
Less partners’ interest and adjustments (1)	25,912		56,897		56,316		161,549
Granite’s interest	14,652		36,265		28,619		89,534
Granite’s interest in gross loss	$	(5,132)	$	(13,075)	$	(4,254)	$	(16,689)
Net Income (Loss)
Total	$	(14,574)	$	(2,871)	$	(20,228)	$	296
Less partners’ interest and adjustments (1)	(9,658)		10,730		(16,223)		17,524
Granite’s interest in net loss (2)	$	(4,916)	$	(13,601)	$	(4,005)	$	(17,228)