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Construction Joint Ventures (Tables)
3 Months Ended
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,
20232022
Revenues$8,544 $7,853 
Operating income$576 $552 
Net income$720 $554 
Three Months Ended March 31,
20232022
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