Equity Method Investments (Tables)

6 Months Ended

Jun. 30, 2019

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Summarized balance sheet information of our equity method investment entity is as follows:

	June 30, 2019			December 31, 2018
Current assets	$	2,834		$	2,619
Noncurrent assets	451			508
Total assets	$	3,285		$	3,127
Current liabilities	449			607
Equity of Charah	5,218			5,060
Equity of joint venture partner	(2,382		)	(2,540		)
Total liabilities and members’ equity	$	3,285		$	3,127

Summarized financial performance of our equity method investment entity is as follows:

	Three Months Ended				Six Months Ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Revenues	$	2,533	$	2,664	$	4,753	$	5,029
Net income	1,325		1,397		2,433		2,572
Charah Solutions’ share of net income	663		699		1,217		1,286

The following table reflects our proportional ownership activity in our investment account:

	Three Months Ended						Six Months Ended
	June 30, 2019			June 30, 2018			June 30, 2019			June 30, 2018
Opening balance	$	5,102		$	5,342		$	5,060		$	5,006
Distributions	(547		)	(687		)	(1,059		)	(938		)
Share of net income	663			699			1,217			1,286
Closing balance	$	5,218		$	5,354		$	5,218		$	5,354