Construction Contract and Other Service Revenues (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of construction contract and other service revenues by compensation arrangement

We disaggregate in the table below our construction contract and other service revenues by compensation arrangement as we believe it best depicts the nature, timing and uncertainty of our revenue (in thousands):


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2023		2022		2023		2022
Construction contract revenue:
Firm fixed price	$	6,616	$	3,121	$	21,898	$	9,822
Guaranteed maximum price	2,817		27,928		11,561		112,354
Cost-plus fee	2,205		3,196		7,472		6,757
Other	311		568		1,081		1,637
	$	11,949	$	34,813	$	42,012	$	130,570

Schedule of accounts receivable, contract assets and contract liabilities

The beginning and ending balances of accounts receivable related to our construction contracts were as follows (in thousands):


	For the Nine Months Ended September 30,
	2023		2022
Beginning balance	$	7,618	$	7,193
Ending balance	$	5,367	$	6,283

The beginning and ending balances of our contract assets were as follows (in thousands):


	For the Nine Months Ended September 30,
	2023		2022
Beginning balance	$	22,331	$	22,384
Ending balance	$	8,356	$	26,562

Changes in contract liabilities were as follows (in thousands):


	For the Nine Months Ended September 30,
	2023		2022
Beginning balance	$	2,867	$	2,499
Ending balance	$	3,938	$	5,846
Portion of beginning balance recognized in revenue during:
Three months ended September 30,	$	64	$	14
Nine months ended September 30,	$	164	$	204