Equity Method Investment (Tables)

6 Months Ended

Jun. 30, 2020

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, 2020			December 31, 2019
Current assets	$	2,051		$	2,482
Noncurrent assets	339			395
Total assets	$	2,390		$	2,877
Current liabilities	288			321
Equity of Charah	4,851			5,078
Equity of joint venture partner	(2,749		)	(2,522		)
Total liabilities and members’ equity	$	2,390		$	2,877

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

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Revenue	$	1,546	$	2,533	$	3,024	$	4,753
Net income	651		1,325		1,243		2,433
Charah Solutions’ share of net income	326		663		622		1,217

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
Opening balance	$	4,781		$	5,102		$	5,078		$	5,060
Distributions	(256		)	(547		)	(849		)	(1,059		)
Share of net income	326			663			622			1,217
Closing balance	$	4,851		$	5,218		$	4,851		$	5,218