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Related Party Transactions
9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
Related Party Transactions
15.
Related Party Transactions

The Company often provides services to unconsolidated joint ventures and revenues include amounts related to recovering costs for these services. Revenues related to services the Company provided to unconsolidated joint ventures for the three months ended September 30, 2023 and September 30, 2022 were $57.3 million and $60.3 million, respectively and $164.8 million and $160.5 million for the nine months ended September 30, 2023 and September 30, 2022, respectively.

For the three months ended September 30, 2023 and September 30, 2022, the Company incurred $38.8 million and $42.1 million, respectively, and for the nine months ended September 30, 2023 and September 30, 2022 incurred $118.5 million and $113.8 million, respectively, of reimbursable costs.

Amounts included in the consolidated balance sheets related to services the Company provided to unconsolidated joint ventures are as follows (in thousands):

 

 

 

September 30, 2023

 

 

December 31, 2022

 

Accounts receivable

 

$

41,043

 

 

$

40,795

 

Contract assets

 

 

40,032

 

 

 

30,578

 

Contract liabilities

 

 

14,161

 

 

 

14,318

 

Amounts presented above for prior and comparable periods have been updated to reflect all unconsolidated joint ventures.