| Disaggregation of Revenue |
The table below reports construction contract and other service revenues by compensation arrangement (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months Ended June 30, |
|
For the Six Months Ended June 30, |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
| Construction contract revenue: |
|
|
|
|
|
|
|
| Guaranteed maximum price |
$ |
11,388 |
|
|
$ |
5,432 |
|
|
$ |
13,489 |
|
|
$ |
10,476 |
|
| Cost-plus fee |
5,847 |
|
|
3,563 |
|
|
18,333 |
|
|
6,872 |
|
| Firm fixed price |
2,441 |
|
|
2,984 |
|
|
3,912 |
|
|
8,056 |
|
| Other |
312 |
|
|
257 |
|
|
812 |
|
|
513 |
|
|
$ |
19,988 |
|
|
$ |
12,236 |
|
|
$ |
36,546 |
|
|
$ |
25,917 |
|
The table below reports construction contract and other service revenues by service type (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months Ended June 30, |
|
For the Six Months Ended June 30, |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
| Construction contract revenue: |
|
|
|
|
|
|
|
| Construction |
$ |
18,828 |
|
|
$ |
10,851 |
|
|
$ |
34,584 |
|
|
$ |
23,734 |
|
| Design |
848 |
|
|
1,128 |
|
|
1,150 |
|
|
1,670 |
|
| Other |
312 |
|
|
257 |
|
|
812 |
|
|
513 |
|
|
$ |
19,988 |
|
|
$ |
12,236 |
|
|
$ |
36,546 |
|
|
$ |
25,917 |
|
|
| Contract with Customer, Contract Asset, Contract Liability and Receivable |
The beginning and ending balances of accounts receivable related to our construction contracts were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Six Months Ended June 30, |
|
2021 |
|
2020 |
| Beginning balance |
$ |
13,997 |
|
|
$ |
12,378 |
|
| Ending balance |
$ |
10,003 |
|
|
$ |
8,898 |
|
The beginning and ending balances of our contract assets were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Six Months Ended June 30, |
|
2021 |
|
2020 |
| Beginning balance |
$ |
10,343 |
|
|
$ |
17,223 |
|
| Ending balance |
$ |
9,766 |
|
|
$ |
5,508 |
|
Changes in contract liabilities were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Six Months Ended June 30, |
|
2021 |
|
2020 |
| Beginning balance |
$ |
4,610 |
|
|
$ |
1,184 |
|
| Ending balance |
$ |
2,320 |
|
|
$ |
2,435 |
|
| Portion of beginning balance recognized in revenue during: |
|
|
|
| Three months ended June 30 |
$ |
2,070 |
|
|
$ |
92 |
|
Six months ended June 30 |
$ |
2,617 |
|
|
$ |
738 |
|
|