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Investments in and Loans to Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2017
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
 
 
March 31,
2017
 
December 31,
2016
 
(in thousands)
Carrying amount of investments in and loans to joint ventures
 
 
 
Ohio Castings
$
6,665

 
$
7,477

Axis
18,720

 
18,855

Total investments in and loans to joint ventures
$
25,385

 
$
26,332

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,
 
2017
 
2016
 
(in thousands)
Results of operations
 
 
 
Revenues
$
4,449

 
$
13,654

Gross profit (loss)
$
(1,980
)
 
$
210

Net loss
$
(2,434
)
 
$
(598
)
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,
 
2017
 
2016
 
(in thousands)
Results of operations
 
 
 
Revenues
$
14,366

 
$
16,411

Gross profit
$
4,206

 
$
5,042

Earnings before interest
$
4,003

 
$
4,768

Net earnings
$
3,331

 
$
3,854