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Construction Contracts (Tables)
 9 Months Ended
Sep. 30, 2024
Contractors [Abstract]  
Schedule of Balances and Changes of Construction Contracts
The following table summarizes the changes to the balances in the Company’s construction contract costs and estimated earnings in excess of billings account and the billings in excess of construction contract costs and estimated earnings account for the nine months ended September 30, 2024 and 2023 (in thousands):
Nine Months Ended 
September 30, 2024		Nine Months Ended 
September 30, 2023
Construction contract costs and estimated earnings in excess of billingsBillings in excess of construction contract costs and estimated earningsConstruction contract costs and estimated earnings in excess of billingsBillings in excess of construction contract costs and estimated earnings
Beginning balance$104 $21,414 $342 $17,515 
Revenue recognized that was included in the balance at the beginning of the period— (21,414)— (17,515)
Increases due to new billings, excluding amounts recognized as revenue during the period— 14,318 — 24,570 
Transferred to receivables(106)— (342)— 
Construction contract costs and estimated earnings not billed during the period315 — 440 — 
Changes due to cumulative catch-up adjustment arising from changes in the estimate of the stage of completion2 (2,437)— (1,443)
Ending balance$315 $11,881 $440 $23,127 
The Company’s balances and changes in construction contract price allocated to unsatisfied performance obligations (backlog) as of September 30, 2024 and 2023 were as follows (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Beginning backlog$302,850 $592,787 $472,169 $665,564 
New contracts/change orders4,886 20,646 80,067 135,414 
Work performed(114,614)(99,855)(359,114)(287,400)
Ending backlog$193,122 $513,578 $193,122 $513,578 
Schedule of Net Position of Uncompleted Construction Contracts
The Company’s net position on uncompleted construction contracts comprised the following as of September 30, 2024 and December 31, 2023 (in thousands):
 September 30, 2024December 31, 2023
Costs incurred on uncompleted construction contracts$931,153 $718,571 
Estimated earnings33,585 26,089 
Billings(976,304)(765,970)
Net position$(11,566)$(21,310)
Construction contract costs and estimated earnings in excess of billings$315 $104 
Billings in excess of construction contract costs and estimated earnings(11,881)(21,414)
Net position$(11,566)$(21,310)