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Note 11 - Construction Joint Ventures - Unconsolidated Construction Joint Ventures Financial Information (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Cash, cash equivalents and marketable securities $ 144,472 $ 179,049 $ 281,355
Other current assets [1] 821,399 972,840 847,789
Noncurrent assets 203,520 207,584 215,129
Current liabilities 555,380 581,199 533,325
Equity in construction joint ventures [2] 117,300 116,911 174,253
Other Partners Interest in Partnerships [Member]      
Unconsolidated construction joint venture assets 785,876 904,565 885,901
Unconsolidated construction joint venture liabilities [3] 289,165 243,202 249,206
Reporting Entitys Interest in Joint Venture [Member]      
Unconsolidated construction joint venture assets [1],[4] 383,515 454,908 458,372
Unconsolidated construction joint venture liabilities $ 266,215 $ 337,997 $ 284,119
[1] Included in this balance and in accrued expenses and other current liabilities on the condensed consolidated balance sheets was $81.9 million related to performance guarantees as of both March 31, 2020 and December 31, 2019 and $88.2 million as of March 31, 2019.
[2] Included in this balance and in accrued expenses and other current liabilities on our condensed consolidated balance sheets was $ 73.2 million, $ 76.2 million and $ 45.7 million, respectively, related to deficits in unconsolidated construction joint ventures, which includes provisions for losses, as of March 31, 2020, December 31, 2019 and March 31, 2019.
[3] Partners' 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 and estimates primarily related to contract forecast differences.
[4] Included in this balance as of March 31, 2020, December 31, 2019 and March 31, 2019 was $117.1 million, $116.8 million and $96.2 million, respectively, related to Granite’s share of estimated cost recovery of customer affirmative claims. In addition, this balance included $18.2 million, $15.9 million and $17.9 million related to Granite’s share of estimated recovery of back charge claims as of March 31, 2020, December 31, 2019 and March 31, 2019, respectively.