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Consolidated 50% Owned Subsidiaries (Tables)
6 Months Ended
Jun. 30, 2022
Noncontrolling Interest [Abstract]  
Summary of Liability Breakdown
The liability consists of the following:
June 30,
2022
December 31,
2021
Members’ interest subject to mandatory redemption$40,000 $40,000 
Net accumulated earnings14,214 15,115 
Total liability$54,214 $55,115 
Summary of Financial Information
Summary financial information for Myers is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenues$48,741 $43,137 $93,099 $71,094 
Operating (loss) income$(4,608)$747 $(6,056)$1,465 
Net (loss) income$(2,305)$366 $(568)$717 
Summary financial information for this construction joint venture is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenues$12,609 $9,325 $20,462 $17,566 
Operating income$836 $613 $1,388 $3,140 
Net income$840 $615 $1,394 $3,143 
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Revenues$57,918 $62,489 $116,477 $111,906 
Income before tax$7,567 $8,780 $14,344 $13,415 
Sterling’s noncontrolling interest:
Revenues$23,970 $26,994 $50,578 $48,938 
Income before tax$2,948 $3,676 $6,015 $5,811