Noncontrolling Interests (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of the carrying value of the assets and liabilities included in the Company's consolidated balance sheets

The following table summarizes the total balance sheet amounts for the Carlsbad and Wilmington joint ventures, which are included in our Condensed Consolidated Balance Sheets, and the total consolidated balance sheet amounts (in thousands):

	Joint Venture		Consolidated
At September 30, 2018	Amounts		Amounts
Cash	$	15,729	$	60,039
Accounts receivable	$	109	$	473,045
Contract assets	$	12,620	$	382,492
Accounts payable	$	2,673	$	241,288
Contract liabilities	$	9,836	$	219,232
At December 31, 2017
Cash	$	60,256	$	170,385
Accounts receivable	$	15,941	$	291,589
Accounts payable	$	13,111	$	140,943
Contract liabilities	$	44,223	$	169,377

Carlsbad

Schedule of joint venture operating activities included in the Company's consolidated statements of income

The Carlsbad joint venture’s operating activities began in 2015 and are included in our Condensed Consolidated Statements of Income as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Revenue	$	18,415	$	28,722	$	89,672	$	65,725
Net income attributable to noncontrolling interests	$	2,101	$	550	$	7,545	$	930

Schedule of the carrying value of the assets and liabilities included in the Company's consolidated balance sheets

The carrying value of the assets and liabilities associated with the operations of the Carlsbad joint venture are included in our Condensed Consolidated Balance Sheets as follows (in thousands):

	September 30,		December 31,
	2018		2017
Cash	$	14,992	$	44,308
Accounts receivable	$	109	$	15,343
Contract assets	$	12,620	$	—
Contract liabilities	$	9,624	$	42,743
Accounts payable	$	2,673	$	12,352
Due to Primoris	$	5,778	$	—

Wilmington

Schedule of joint venture operating activities included in the Company's consolidated statements of income

The Wilmington joint venture’s operating activities began in October 2015 and are included in our Condensed Consolidated Statements of Income as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Revenue	$	—	$	5,143	$	1,921	$	29,742
Net income attributable to noncontrolling interests	$	13	$	987	$	573	$	2,279

Schedule of the carrying value of the assets and liabilities included in the Company's consolidated balance sheets

The carrying value of the assets and liabilities associated with the operations of the Wilmington joint venture are included in our Condensed Consolidated Balance Sheets as follows (in thousands):

	September 30,		December 31,
	2018		2017
Cash	$	737	$	15,948
Accounts receivable	$	—	$	598
Contract liabilities	$	212	$	1,480
Accounts payable	$	—	$	759
Due to Primoris	$	—	$	7,428