Quarterly report pursuant to Section 13 or 15(d)

Construction Contract and Other Service Revenues

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Construction Contract and Other Service Revenues
 9 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
Construction Contract and Other Service Revenues Construction Contract and Other Service Revenues
We disaggregate our construction contract and other service revenues by compensation arrangement and by service type as we believe it best depicts the nature, timing and uncertainty of our revenue. The table below reports construction contract and other service revenues by compensation arrangement (in thousands):
For the Three Months Ended September 30, For the Nine Months Ended September 30,
2020 2019 2020 2019
Construction contract revenue:
Guaranteed maximum price $ 4,358  $ 16,217  $ 14,834  $ 54,365 
Firm fixed price 1,365  2,349  9,421  6,009 
Cost-plus fee 13,249  9,906  20,121  26,935 
Other 1,351  225  1,864  637 
$ 20,323  $ 28,697  $ 46,240  $ 87,946 

The table below reports construction contract and other service revenues by service type (in thousands):
For the Three Months Ended September 30, For the Nine Months Ended September 30,
2020 2019 2020 2019
Construction contract revenue:
Construction $ 18,786  $ 27,988  $ 42,520  $ 86,487 
Design 186  484  1,856  822 
Other 1,351  225  1,864  637 
$ 20,323  $ 28,697  $ 46,240  $ 87,946 

We recognized an increase in revenue of $84,000 in the three months ended September 30, 2020, and $158,000 and $18,000 in the nine months ended September 30, 2020 and 2019, respectively, from performance obligations satisfied (or partially satisfied) in previous periods.

Accounts receivable related to our construction contract services is included in accounts receivable, net on our consolidated balance sheets. The beginning and ending balances of accounts receivable related to our construction contracts were as follows (in thousands):
For the Nine Months Ended September 30,
2020 2019
Beginning balance $ 12,378  $ 6,701 
Ending balance $ 11,183  $ 15,494 

Contract assets, which we refer to herein as construction contract costs in excess of billings, net are included in prepaid expenses and other assets, net reported on our consolidated balance sheets. The beginning and ending balances of our contract assets were as follows (in thousands):
For the Nine Months Ended September 30,
2020 2019
Beginning balance $ 17,223  $ 3,189 
Ending balance $ 13,980  $ 16,743 
Contract liabilities are included in other liabilities reported on our consolidated balance sheets. Changes in contract liabilities were as follows (in thousands):
For the Nine Months Ended September 30,
2020 2019
Beginning balance $ 1,184  $ 568 
Ending balance $ 5,236  $ 725 
Portion of beginning balance recognized in revenue during:
Three months ended September 30
$ 19  $ — 
Nine months ended September 30
 $ 757  $ 445 

Revenue allocated to the remaining performance obligations under existing contracts as of September 30, 2020 that will be recognized as revenue in future periods was $82.1 million, approximately $21 million of which we expect to recognize during the remainder of 2020.
We incurred no deferred incremental costs to obtain or fulfill our construction contracts or other service revenues and had no significant credit loss expense on construction contracts receivable or unbilled construction revenue in the three or nine months ended September 30, 2020 and 2019.