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Investments in and Advances to Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments And Joint Ventures [Abstract]  
Schedule of Financial Information of Consolidated Joint Ventures

The following represents financial information for consolidated joint ventures included in the consolidated financial statements as or and for the years ended December 31, 2018 and December 31, 2019 (in thousands):

 

 

 

2018

 

 

2019

 

Current assets

 

$

287,227

 

 

$

255,167

 

Noncurrent assets

 

 

2,689

 

 

 

2,860

 

Total assets

 

 

289,916

 

 

 

258,027

 

Current liabilities

 

 

199,833

 

 

 

193,583

 

Total liabilities

 

 

199,833

 

 

 

193,583

 

Total joint venture equity

 

$

90,083

 

 

$

64,444

 

 

 

 

2017

 

 

2018

 

 

2019

 

Revenue

 

$

446,506

 

 

$

540,345

 

 

$

473,486

 

Costs

 

 

426,245

 

 

 

376,628

 

 

 

435,947

 

Net income

 

$

20,261

 

 

$

163,717

 

 

$

37,539

 

Net income attributable to noncontrolling interests

 

$

14,211

 

 

$

17,099

 

 

$

16,594

 

 

Summary of Financial Information for Unconsolidated Joint Ventures

The following represents the financial information of the Company’s unconsolidated joint ventures as presented in their unaudited financial statements as or and for the years ended December 31, 2018 and December 31, 2019 (in thousands):

 

 

 

2018

 

 

2019

 

Current assets

 

$

707,457

 

 

$

801,335

 

Noncurrent assets

 

 

876,385

 

 

 

564,160

 

Total assets

 

 

1,583,842

 

 

 

1,365,495

 

Current liabilities

 

 

560,306

 

 

 

655,495

 

Noncurrent liabilities

 

 

813,269

 

 

 

507,131

 

Total liabilities

 

 

1,373,575

 

 

 

1,162,626

 

Total joint venture equity

 

$

210,267

 

 

$

202,869

 

Investments in and advances to unconsolidated joint

   ventures

 

$

63,560

 

 

$

68,620

 

 

 

 

2017

 

 

2018

 

 

2019

 

Revenue

 

$

2,114,903

 

 

$

1,773,037

 

 

 

2,081,341

 

Costs

 

 

1,988,569

 

 

 

1,661,232

 

 

 

1,903,582

 

Net income

 

$

126,334

 

 

$

111,805

 

 

 

177,759

 

Equity in earnings of unconsolidated joint ventures

 

$

40,086

 

 

$

36,915

 

 

 

41,721