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Investments in and Loans to Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
 
 
March 31,
2016
 
December 31,
2015
 
(in thousands)
Carrying amount of investments in and loans to joint ventures
 
 
 
Ohio Castings
$
7,577

 
$
7,776

Axis
19,809

 
19,621

Total investments in and loans to joint ventures
$
27,386

 
$
27,397

Ohio Castings [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
Summary financial results for Ohio Castings, the investee company, in total, are as follows: 
 
Three Months Ended 
 March 31,
 
2016
 
2015
 
(in thousands)
Results of operations
 
 
 
Revenues
$
13,654

 
$
23,388

Gross profit
$
210

 
$
2,048

Net (loss) earnings
$
(598
)
 
$
1,132

Axis [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
Summary financial results for Axis, the investee company, in total, are as follows: 
 
Three Months Ended 
 March 31,
 
2016
 
2015
 
(in thousands)
Results of operations
 
 
 
Revenues
$
16,411

 
$
20,340

Gross profit
$
5,042

 
$
5,063

Earnings before interest
$
4,768

 
$
4,789

Net earnings
$
3,854

 
$
3,664