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Note 4 - Property and Equipment
9 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
4. Property and Equipment
 
Property and equipment are summarized as follows (amounts in thousands):
 
    September 30,
2015
  December 31,
2014
                 
Construction equipment   $ 116,221     $ 129,150  
Transportation equipment     17,864       18,205  
Buildings     10,796       10,777  
Office equipment     2,810       2,761  
Leasehold improvement     894       878  
Construction in progress     1,823       387  
Land     4,257       5,530  
Water rights     200       200  
      154,865       167,888  
Less accumulated depreciation     (80,315 )     (80,790 )
    $ 74,550     $ 87,098  
 
Asset Sold - Land
On August 24, 2015, the Company completed the sale of a parcel of land located in Harris County, Texas to Joseph P. Harper, Sr., a former President and Chief Operating Officer of the Company. Proceeds received were approximately $2.4 million. Upon completion of the sale, the Company recognized a gain of approximately $1.4 million included in “Other operating (expense) income, net” on the condensed consolidated statement of operations.
Assets Held for Sale – Construction and Transportation Equipment
The Company intends to sell certain construction and transportation equipment during the next twelve months. At September 30, 2015, the Company’s condensed consolidated balance sheet included assets held for sale with a carrying value of approximately $3.8 million, net of an immaterial impairment charge, which have been reclassified out of “Property and equipment, net,” and into “other current assets.”