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Construction Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Change in Non-controlling Interest
The following table summarizes the changes in the noncontrolling owners’ interests in subsidiaries and consolidated joint ventures:
 
Three Months Ended March 31,
 
2020
 
2019
Balance, beginning of period
$
1,293

 
$
7,859

Net income attributable to noncontrolling interest
100

 
46

Distributions to noncontrolling interest owners

 
(5,100
)
Balance, end of period
$
1,393

 
$
2,805

Condensed Balance Sheet
Condensed combined financial amounts of joint ventures in which the Company has a noncontrolling interest and the Company’s share of such amounts which are included in the Company’s Condensed Consolidated Financial Statements are shown below:
 
March 31,
2020
 
December 31,
2019
Current assets
$
60,517

 
$
92,710

Current liabilities
$
(77,164
)
 
$
(86,705
)
Sterling’s receivables from and equity in construction joint ventures
$
10,789

 
$
9,196

Condensed Income Statement
Summary financial information for Myers is as follows:
 
Three Months Ended March 31,
 
2020
 
2019
Revenues
$
44,362

 
$
42,414

Operating income
$
155

 
$
277

Net income
$
158

 
$
282

Summary financial information for SEMA is as follows:
 
Three Months Ended March 31,
 
2020
 
2019
Revenues
$
4,064

 
$
602

Operating income
$
296

 
$
38

Net income
$
299

 
$
38

 
Three Months Ended March 31,
 
2020
 
2019
Revenues
$
26,846

 
$
31,384

Income before tax
$
2,157

 
$
1,969

Sterling’s noncontrolling interest:
 
 
 
Revenues
$
13,082

 
$
15,684

Income before tax
$
1,049

 
$
984