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Note 11 - Construction Joint Ventures - Unconsolidated Construction Joint Ventures Financial Information (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2020
Cash, cash equivalents and marketable securities $ 148,446 $ 182,891 $ 139,381
Other current assets [1] 672,274 661,342 795,440
Noncurrent assets 85,863 103,579 140,160
Current liabilities 228,686 307,674 432,130
Equity in construction joint ventures [2] 174,332 161,275 161,822
Other Partners Interest in Partnerships [Member]      
Unconsolidated construction joint venture assets 602,618 633,634 716,678
Unconsolidated construction joint venture liabilities [3] 99,053 154,771 235,649
Reporting Entitys Interest in Joint Venture [Member]      
Unconsolidated construction joint venture assets [1],[4] 303,965 314,178 358,303
Unconsolidated construction joint venture liabilities $ 129,633 $ 152,903 $ 196,481
[1] Included in this balance and in accrued expenses and other current liabilities on the condensed consolidated balance sheets as of June 30, 2022, December 31, 2021 and June 30, 2021 was $77.4 million, $82.1 million and $82.3 million, respectively, related to performance guarantees.
[2] Included in this balance and in accrued expenses and other current liabilities on our condensed consolidated balance sheets was $12.7 million, $28.6 million and $33.6 million as of June 30, 2022, December 31, 2021 and June 30, 2021, respectively, related to deficits in unconsolidated construction joint ventures, which includes provisions for losses.
[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, 2022, December 31, 2021 and June 30, 2021, was $109.5 million, $103.8 million and $96.7 million, respectively, related to Granite’s share of estimated cost recovery of customer affirmative claims. In addition, this balance included $2.9 million, $10.7 million and $14.1 million related to Granite’s share of estimated recovery of back charge claims as of June 30, 2022, December 31, 2021 and June 30, 2021, respectively.