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Construction Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Condensed Income Statement
Summary VIE financial information is as follows:
Three Months Ended March 31,
20242023
Revenues$28,625 $8,544 
Operating income$5,250 $576 
Net income$5,772 $720 
Three Months Ended March 31,
20242023
Revenues$13,281 $12,253 
Income before tax$1,622 $2,108 
Sterling’s noncontrolling interest:
Revenues$6,413 $4,900 
Income before tax$747 $860 
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, 2024December 31, 2023
Current assets$80,310 $51,604 
Current liabilities$(37,243)$(10,081)
Sterling’s receivables from and equity in construction joint ventures$18,222 $17,506