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Note 7 - Property and Equipment
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
7.
Property and Equipment
 
Property and equipment are summarized as follows (amounts in thousands):
 
    As of December 31,
    2016   2015
Construction equipment   $
121,441
    $
114,724
 
Transportation equipment    
19,017
     
18,056
 
Buildings    
12,771
     
10,860
 
Office equipment    
3,108
     
2,810
 
Leasehold improvement    
914
     
894
 
Construction in progress    
313
     
1,986
 
Land    
3,509
     
4,257
 
Water rights    
200
     
200
 
     
161,273
     
153,787
 
Less accumulated depreciation    
(93,146
)    
(80,312
)
    $
68,127
    $
73,475
 
 
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., 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 consolidated statement of operations.
 
Assets Held for Sale – Construction and Transportation Equipment
 
At
December
31,
2015,
the Company’s consolidated balance sheet included assets held for sale with a carrying value of approximately
$1.1
million, net of an immaterial impairment charge, which were reclassified out of “Property and equipment, net,” and into “Other current assets.” There were no assets held for sale at
December
31,
2016.