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Construction Joint Ventures (Tables) | 3 Months Ended
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Mar. 31, 2023
Equity Method Investments and Joint Ventures [Abstract] |
Summary of Condensed Income Statement | Summary financial information for this construction joint venture is as follows:
| Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Revenues | $ | 8,544 |  |  | $ | 7,853 |  |  |  |  |
Operating income | $ | 576 |  |  | $ | 552 |  |  |  |  |
Net income | $ | 720 |  |  | $ | 554 |  |  |  |  |
| Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Revenues | $ | 12,253 |  |  | $ | 38,453 |  |  |  |  |
Income before tax | $ | 2,108 |  |  | $ | 4,395 |  |  |  |  |
Sterling’s noncontrolling interest: |  |  |  |  |  |  |
Revenues | $ | 4,900 |  |  | $ | 16,650 |  |  |  |  |
Income before tax | $ | 860 |  |  | $ | 1,873 |  |  |  |  |
Summary of 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 Condensed Consolidated Financial Statements are shown below:
| March 31, 2023 |  | December 31, 2022
Current assets | $ | 60,631 |  |  | $ | 68,258 |
Current liabilities | $ | (27,543) |  |  | $ | (33,944) |
Sterling’s receivables from and equity in construction joint ventures | $ | 13,648 |  |  | $ | 14,122 |

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