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Investments in and Advances to Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2023

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 (in thousands):

		June 30, 2023				December 31, 2022
Current assets		$	374,942			$	289,837
Noncurrent assets			10,401				9,961
Total assets			385,343				299,798
Current liabilities			242,530				194,701
Noncurrent liabilities			3,399				3,763
Total liabilities			245,929				198,464
Total joint venture equity		$	139,414			$	101,334

		Three Months Ended								Six Months Ended
		June 30, 2023				June 30, 2022				June 30, 2023				June 30, 2022
Revenue		$	167,253			$	108,089			$	328,737			$	203,623
Costs			143,808				98,761				285,406				187,603
Net income		$	23,445			$	9,328			$	43,331			$	16,020
Net income attributable to noncontrolling interests		$	11,530			$	4,485			$	21,253			$	7,661

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 (in thousands):

		June 30, 2023				December 31, 2022
Current assets		$	1,470,305			$	1,610,246
Noncurrent assets			492,597				491,658
Total assets			1,962,902				2,101,904
Current liabilities			1,032,758				1,255,297
Noncurrent liabilities			518,762				468,056
Total liabilities			1,551,520				1,723,353
Total joint venture equity		$	411,382			$	378,551
Investments in and advances to unconsolidated joint ventures		$	118,861			$	107,425

		Three Months Ended								Six Months Ended
		June 30, 2023				June 30, 2022				June 30, 2023				June 30, 2022
Revenue		$	530,467			$	594,959			$	879,624			$	979,540
Costs			534,555				564,239				893,950				937,525
Net income		$	(4,088	)		$	30,720			$	(14,326	)		$	42,015
Equity in (losses) earnings of unconsolidated joint ventures		$	75			$	5,613			$	(5,765	)		$	11,211

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- Definition

Schedule of financial information of consolidated joint ventures.

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No definition available.

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

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