3.Revenue

Revenues are recognized when control of the promised goods or services is transferred to the customer in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The following table represents a disaggregation of the Company’s contract revenue by service line for the marine and concrete segments:


	Three months ended September 30,				Nine months ended September 30,
	2019		2018		2019		2018
Marine Segment
Construction	$	72,609	$	46,113	$	163,426	$	141,348
Dredging		29,404		13,053		82,762		53,536
Specialty Services		5,391		4,313		11,726		12,083
Marine segment contract revenues	$	107,404	$	63,479	$	257,914	$	206,967

Concrete Segment
Structural	$	13,439	$	13,054	$	37,595	$	47,166
Light Commercial		78,587		48,458		212,958		167,140
Other		77		82		130		409
Concrete segment contract revenues	$	92,103	$	61,594	$	250,683	$	214,715

Total contract revenues	$	199,507	$	125,073	$	508,597	$	421,682

The Company has determined that it has two reportable segments pursuant to FASB AC Topic 280, Segment Reporting, but has disaggregated its contract revenues in the above chart in terms of services provided within such segments. In making this determination, the Company considered the similar characteristics of its operations as discussed in Note 1. Additionally, as discussed, both the marine and concrete segments have limited contracts with multiple performance obligations. The Company’s contracts often combine multiple services, such as engineering, dredging, diving and construction, into one distinct finished product which is transferred to the customer. These contracts are often estimated and bid as one project and evaluated as to performance as one project, not by individual services performed by each. Both the marine and concrete segments have a single chief operating decision maker (“CODM”) for the entire segment, not by service lines of the segments. Resources are allocated by segment and financial and budgetary information is compiled and reviewed by segment, not service line.

Marine Segment

Construction services include construction, restoration, maintenance, dredging and repair of marine transportation facilities, marine pipelines, bridges and causeways and marine environmental structures. Dredging services generally enhance or preserve the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Specialty services include design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation and repair.

Concrete Segment

Structural services include elevated concrete pouring for products such as columns, elevated beams and structural walls. Light commercial services include horizontally poured concrete for products such as sidewalks, ramps, tilt walls and trenches. Other services comprise labor related to concrete pouring such as rebar installation and pumping services and typically support the Company’s structural and light commercial services.