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Construction Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Change in Non-controlling Interest
The following table summarizes the changes in the noncontrolling owners’ interests in subsidiaries and consolidated joint ventures:
 
Years Ended December 31,
 
2019
 
2018
 
2017
Balance, beginning of period
$
7,859

 
$
4,856

 
$
656

Net income attributable to noncontrolling interest included in equity
794

 
4,353

 
4,200

Distributions to noncontrolling interest owners
(7,360
)
 
(1,350
)
 

Balance, end of period
$
1,293

 
$
7,859

 
$
4,856

Condensed Balance Sheet
Combined financial amounts of joint ventures in which the Company has a noncontrolling interest and the Company’s share of such amounts which are included in the Company’s Consolidated Financial Statements are shown below:
 
As of December 31,
 
2019
 
2018
Current assets
$
92,710

 
$
64,815

Current liabilities
$
(86,705
)
 
$
(74,543
)
Sterling’s receivables from and equity in construction joint ventures
$
9,196

 
$
10,720

Condensed Income Statement
 
Years Ended December 31,
 
2019
 
2018
 
2017
Revenues
$
205,615

 
$
193,677

 
$
181,589

Operating income
$
6,372

 
$
8,819

 
$
9,069

Net income attributable to Sterling common stockholders
$
3,196

 
$
4,415

 
$
4,531

 
Years Ended December 31,
 
2019
 
2018
 
2017
Revenues
$
158,291

 
$
115,441

 
$
93,848

Income before tax
$
20,449

 
$
8,097

 
$
7,827

Sterling’s noncontrolling interest:
 
 
 
 
 
Revenues
$
76,419

 
$
55,134

 
$
44,948

Income before tax
$
8,170

 
$
4,104

 
$
3,847

Summary financial information for SEMA is as follows:
 
Year Ended December 31, 2019
Revenues
$
6,903

Operating income
$
467

Net income attributable to Sterling common stockholders
$
471