CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents ($131,965 and $94,359 related to consolidated construction joint ventures (“CCJVs”))	$ 272,804	$ 233,711
Short-term marketable securities	30,002	67,775
Receivables, net ($21,237 and $52,031 related to CCJVs)	473,246	479,791
Contract assets ($19,699 and $0 related to CCJVs)	219,754	0
Costs and estimated earnings in excess of billings ($0 and $1,437 related to CCJVs)	0	103,965
Inventories	88,623	62,497
Equity in construction joint ventures	282,229	247,826
Other current assets ($11,744 and $10,384 related to CCJVs)	48,731	36,513
Total current assets	1,415,389	1,232,078
Property and equipment, net ($34,761 and $38,361 related to CCJVs)	549,688	407,418
Long-term marketable securities	36,098	65,015
Investments in affiliates	84,354	38,469
Goodwill	259,471	53,799
Other noncurrent assets	131,601	75,199
Total assets	2,476,601	1,871,978
Current liabilities
Current maturities of long-term debt	47,286	46,048
Accounts payable ($37,086 and $34,795 related to CCJVs)	251,481	237,673
Contract liabilities ($60,288 and $0 related to CCJVs)	105,449	0
Billings in excess of costs and estimated earnings ($0 and $37,701 related to CCJVs)	0	135,146
Accrued expenses and other current liabilities ($2,046 and $2,126 related to CCJVs)	273,626	236,407
Total current liabilities	677,842	655,274
Long-term debt	335,119	178,453
Deferred income taxes, net	4,317	1,361
Other long-term liabilities	61,689	44,085
Commitments and contingencies (Notes 20 and 21)	0	0
Equity
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding	0	0
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding: 46,665,889 shares as of December 31, 2018, and 39,871,314 shares as of December 31, 2017	467	399
Additional paid-in capital	564,559	160,376
Accumulated other comprehensive (loss) income	(749)	634
Retained earnings	787,356	783,699
Total Granite Construction Incorporated shareholders’ equity	1,351,633	945,108
Non-controlling interests	46,001	47,697
Total equity	1,397,634	992,805
Total liabilities and equity	$ 2,476,601	$ 1,871,978