Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Current assets
Cash and cash equivalents ($77,870, $131,965 and $125,165 related to consolidated construction joint ventures (“CCJVs”))	$ 184,673	$ 272,804	$ 230,259
Short-term marketable securities	37,918	30,002	35,010
Receivables, net ($29,108, $21,237 and $26,142 related to CCJVs)	700,387	473,246	618,070
Contract assets ($39,717, $19,699 and $20,968 related to CCJVs)	233,925	219,754	213,989
Inventories	95,442	88,623	90,789
Equity in construction joint ventures	209,765	282,229	273,993
Other current assets ($10,765, $11,744 and $11,361 related to CCJVs)	42,698	48,731	95,173
Total current assets	1,504,808	1,415,389	1,557,283
Property and equipment, net ($27,752, $34,761 and $36,061 related to CCJVs)	542,796	549,688	560,618
Long-term marketable securities	10,000	36,098	46,093
Investments in affiliates	84,914	84,354	84,840
Goodwill	264,112	259,471	244,696
Right of use assets	70,472	0	0
Deferred income taxes, net	38,443	2,918	6,408
Other noncurrent assets	118,228	128,683	143,910
Total assets	2,633,773	2,476,601	2,643,848
Current liabilities
Current maturities of long-term debt	8,263	47,286	116,796
Accounts payable ($50,625, $37,086 and $33,426 related to CCJVs)	399,528	251,481	316,917
Contract liabilities ($21,378, $60,288 and $67,139 related to CCJVs)	106,010	105,449	117,759
Accrued expenses and other current liabilities ($4,193, $2,046 and $1,975 related to CCJVs)	342,040	273,626	296,033
Total current liabilities	855,841	677,842	847,505
Long-term debt	394,841	335,119	316,926
Lease liabilities	56,740	0	0
Deferred income taxes, net	4,652	4,317	5,589
Other long-term liabilities	58,433	61,689	67,429
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: 46,741,263 shares as of September 30, 2019, 46,665,889 shares as of December 31, 2018 and 46,897,092 shares as of September 30, 2018	468	467	469
Additional paid-in capital	567,033	564,559	572,046
Accumulated other comprehensive (loss) income	(3,282)	(749)	1,841
Retained earnings	656,487	787,356	786,936
Total Granite Construction Incorporated shareholders’ equity	1,220,706	1,351,633	1,361,292
Non-controlling interests	42,560	46,001	45,107
Total equity	1,263,266	1,397,634	1,406,399
Total liabilities and equity	$ 2,633,773	$ 2,476,601	$ 2,643,848