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Note 11 - Construction Joint Ventures - Unconsolidated Construction Joint Ventures Financial Information (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Cash, cash equivalents and marketable securities $ 213,285 $ 179,049 $ 225,163
Other current assets [1] 948,103 972,840 960,406
Noncurrent assets 185,866 207,584 214,238
Current liabilities 515,113 581,199 530,654
Equity in construction joint ventures [2] 105,902 116,911 140,338
Other Partners Interest in Partnerships [Member]      
Unconsolidated construction joint venture assets 908,274 904,565 929,332
Unconsolidated construction joint venture liabilities [3] 182,035 243,202 200,517
Reporting Entitys Interest in Joint Venture [Member]      
Unconsolidated construction joint venture assets [1],[4] 438,980 454,908 470,475
Unconsolidated construction joint venture liabilities $ 333,078 $ 337,997 $ 330,137
[1] Included in this balance and in accrued expenses and other current liabilities on the condensed consolidated balance sheets was $82.3 million, $81.9 million and $88.7 million related to performance guarantees as of June 30, 2020, December 31, 2019 and June 30, 2019, respectively.
[2] Included in this balance and in accrued expenses and other current liabilities on our condensed consolidated balance sheets was $79.2 million, $76.2 million and $58.7 million, respectively, related to deficits in unconsolidated construction joint ventures, which includes provisions for losses, as of June 30, 2020, December 31, 2019 and June 30, 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 June 30, 2020, December 31, 2019 and June 30, 2019, was $80.9 million, $116.8 million and $89.4 million, respectively, related to Granite’s share of estimated cost recovery of customer affirmative claims. In addition, this balance included $18.0 million, $15.9 million and $12.8 million related to Granite’s share of estimated recovery of back charge claims as of June 30, 2020, December 31, 2019 and June 30, 2019, respectively.