| Disaggregation of Revenue |
The table below reports construction contract and other service revenues by compensation arrangement (in thousands):
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For the Three Months Ended June 30, |
|
For the Six Months Ended June 30, |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
| Construction contract revenue: |
|
|
|
|
|
|
|
| Guaranteed maximum price |
$ |
36,503 |
|
|
$ |
11,388 |
|
|
$ |
84,426 |
|
|
$ |
13,489 |
|
| Firm fixed price |
3,257 |
|
|
2,441 |
|
|
6,701 |
|
|
3,912 |
|
| Cost-plus fee |
2,255 |
|
|
5,847 |
|
|
3,561 |
|
|
18,333 |
|
| Other |
542 |
|
|
312 |
|
|
1,069 |
|
|
812 |
|
|
$ |
42,557 |
|
|
$ |
19,988 |
|
|
$ |
95,757 |
|
|
$ |
36,546 |
|
The table below reports construction contract and other service revenues by service type (in thousands):
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|
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For the Three Months Ended June 30, |
|
For the Six Months Ended June 30, |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
| Construction contract revenue: |
|
|
|
|
|
|
|
| Construction |
$ |
41,829 |
|
|
$ |
18,828 |
|
|
$ |
94,398 |
|
|
$ |
34,584 |
|
| Design |
186 |
|
|
848 |
|
|
290 |
|
|
1,150 |
|
| Other |
542 |
|
|
312 |
|
|
1,069 |
|
|
812 |
|
|
$ |
42,557 |
|
|
$ |
19,988 |
|
|
$ |
95,757 |
|
|
$ |
36,546 |
|
|
| 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):
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|
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|
|
|
|
|
|
|
|
|
For the Six Months Ended June 30, |
|
2022 |
|
2021 |
| Beginning balance |
$ |
7,193 |
|
|
$ |
13,997 |
|
| Ending balance |
$ |
4,751 |
|
|
$ |
10,003 |
|
The beginning and ending balances of our contract assets were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Six Months Ended June 30, |
|
2022 |
|
2021 |
| Beginning balance |
$ |
22,384 |
|
|
$ |
10,343 |
|
| Ending balance |
$ |
29,223 |
|
|
$ |
9,766 |
|
Changes in contract liabilities were as follows (in thousands):
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|
|
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|
|
|
|
|
|
|
|
|
For the Six Months Ended June 30, |
|
2022 |
|
2021 |
| Beginning balance |
$ |
2,499 |
|
|
$ |
4,610 |
|
| Ending balance |
$ |
2,363 |
|
|
$ |
2,320 |
|
| Portion of beginning balance recognized in revenue during: |
|
|
|
| Three months ended June 30 |
$ |
164 |
|
|
$ |
2,070 |
|
| Six months ended June 30 |
$ |
190 |
|
|
$ |
2,617 |
|
|