10-Q Filing

STERLING INFRASTRUCTURE, INC. CIK: 874238 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001171843-14-005379`
Period End Date	20140930
Filing Date	20141110
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	strl-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 70 Cash Flow Statement 81 Stockholders Equity 14 Comprehensive Income 15

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`Cash`	$1.87M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$17.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$105.30M	USD	Point-in-time
Contracts receivable, including retainage	`ReceivablesLongTermContractsOrPrograms`	$77.25M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$31.75M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$11.68M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	28.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.66M	shares	Point-in-time
Inventories	`InventoryNet`	$6.19M	USD	Point-in-time
Inventories	`InventoryNet`	$6.62M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$6.12M	USD	Point-in-time
Receivables from and equity in construction joint ventures	`ReceivablesFromAndEquityInConstructionJointVenture`	$10.62M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.38M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$181.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$114.48M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$93.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$90.45M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Goodwill	`Goodwill`	$54.82M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$10.03M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$8.36M	USD	Point-in-time
Total assets	`Assets`	$273.02M	USD	Point-in-time
Total assets	`Assets`	$335.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$81.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$61.60M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$31.58M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCost`	$28.52M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$134.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$964.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.87M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.04M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.75M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$10.98M	USD	Point-in-time
Current obligation for noncontrolling owners interest in subsidiaries and joint ventures	`ObligationForNoncontrollingOwnersInterestInSubsidiariesAndJointVentures`	$196.00K	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$4.30M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesCurrent`	$4.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.80M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$8.33M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$36.81M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$22.84M	USD	Point-in-time
Members interest subject to mandatory redemption and undistributed earnings	`MembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$23.99M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$2.10M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$734.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$60.38M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$34.42M	USD	Point-in-time
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 28,000,000 shares authorized, 18,802,879 and 16,657,754 shares issued	`CommonStockValue`	$188.00K	USD	Point-in-time
Common stock, par value $0.01 per share; 28,000,000 shares authorized, 18,802,879 and 16,657,754 shares issued	`CommonStockValue`	$167.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$205.53M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$190.93M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-64.85M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-62.32M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$117.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-73.00K	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$128.89M	USD	Point-in-time
Total Sterling common stockholders equity	`StockholdersEquity`	$140.80M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.90M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.79M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$273.02M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$335.07M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$189.28M	USD	1 Quarter
Revenues	`Revenues`	$518.62M	USD	3 Qtrs
Revenues	`Revenues`	$430.32M	USD	3 Qtrs
Revenues	`Revenues`	$185.94M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$180.92M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$489.89M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsSold`	$177.58M	USD	1 Quarter
Cost of revenues	`CostOfGoodsSold`	$437.21M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$8.36M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$8.36M	USD	1 Quarter
Gross profit (loss)	`GrossProfit`	$-6.89M	USD	3 Qtrs
Gross profit (loss)	`GrossProfit`	$28.72M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.32M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.33M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.27M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.18M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-4.00K	USD	3 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$1.51M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-603.00K	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$1.97M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-1.57M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$1.40M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-32.20M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$1.70M	USD	1 Quarter
Gain (loss) on sale of securities	`GainLossOnSaleOfOtherInvestments`	$472.00K	USD	3 Qtrs
Gain (loss) on sale of securities	`GainLossOnSaleOfOtherInvestments`	$-11.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$644.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$871.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$335.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$113.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$766.00K	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$211.00K	USD	1 Quarter
Interest expense	`InterestExpenseAndAccretedInterest`	$614.00K	USD	3 Qtrs
Interest expense	`InterestExpenseAndAccretedInterest`	$306.00K	USD	1 Quarter
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$1.28M	USD	3 Qtrs
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-31.47M	USD	3 Qtrs
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$-1.67M	USD	1 Quarter
Income (loss) before income taxes and earnings attributable to noncontrolling interests	`IncomeBeforeIncomeTaxesAndEarningsAttributableToNoncontrollingInterests`	$1.72M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-12.93M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$546.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-380.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$573.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$2.10M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.22M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$709.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-18.54M	USD	3 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.72M	USD	1 Quarter
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.24M	USD	3 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.25M	USD	3 Qtrs
Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.28M	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-189.00K	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.53M	USD	3 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-3.94M	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-21.79M	USD	3 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.21	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	3 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-1.38	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-1.38	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.21	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.65M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	17.81M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.63M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.81M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.81M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.65M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.81M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.63M	shares	3 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-189.00K	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.53M	USD	3 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-3.94M	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-21.79M	USD	3 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.72M	USD	1 Quarter
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.24M	USD	3 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.25M	USD	3 Qtrs
Plus: Noncontrolling owners interests in earnings of subsidiaries and joint ventures	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.28M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.10M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.22M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$709.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-18.54M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.81M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$905.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$765.00K	USD	3 Qtrs
Deferred tax benefit	`IncreaseDecreaseInDeferredIncomeTaxes`	$10.17M	USD	3 Qtrs
Deferred tax benefit	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	1 Quarter
Deferred tax benefit	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$739.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$592.00K	USD	3 Qtrs
Gain on sale of securities	`GainLossOnSaleOfOtherInvestments`	$472.00K	USD	3 Qtrs
Gain on sale of securities	`GainLossOnSaleOfOtherInvestments`	$-11.00K	USD	1 Quarter
Tax impact from exercise of stock options	`DeferredTaxExpenseFromStockOptionsExercised`	$17.00K	USD	3 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$19.85M	USD	3 Qtrs
Contracts receivable	`IncreaseDecreaseInContractReceivablesNet`	$28.06M	USD	3 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$10.89M	USD	3 Qtrs
Costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$20.06M	USD	3 Qtrs
Receivables from and equity in construction joint ventures	`IncreaseDecreaseInEquityInvestmentInUnconsolidatedJointVentures`	$4.50M	USD	3 Qtrs
Receivables from and equity in construction joint ventures	`IncreaseDecreaseInEquityInvestmentInUnconsolidatedJointVentures`	$1.25M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.71M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-650.00K	USD	3 Qtrs
Inventories, deposits and other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.76M	USD	3 Qtrs
Inventories, deposits and other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.29M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.31M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.50M	USD	3 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$12.15M	USD	3 Qtrs
Billings in excess of costs and estimated earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-3.06M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.87M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.60M	USD	3 Qtrs
Members interest subject to mandatory redemption and undistributed earnings	`IncreaseDecreaseInMembersInterestSubjectToMandatoryRedemptionAndUndistributedEarnings`	$1.15M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.12M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.84M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.33M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.40M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.52M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.87M	USD	3 Qtrs
Purchases of short-term securities, available-for-sale	`PaymentsToAcquireAvailableForSaleSecurities`	$1.64M	USD	3 Qtrs
Sales of short-term securities, available-for-sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$28.93M	USD	3 Qtrs
Sales of short-term securities, available-for-sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$300.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$20.48M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.53M	USD	3 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$237.58M	USD	3 Qtrs
Cumulative daily drawdowns Credit Facility	`ProceedsFromLinesOfCredit`	$152.80M	USD	3 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$156.38M	USD	3 Qtrs
Cumulative daily repayments Credit Facility	`RepaymentsOfLinesOfCredit`	$211.24M	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$1.19M	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$3.24M	USD	3 Qtrs
Net proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$14.10M	USD	Point-in-time
Net proceeds from stock issued	`ProceedsFromIssuanceOfCommonStock`	$14.08M	USD	3 Qtrs
Tax impact from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-17.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$74.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-447.00K	USD	3 Qtrs
Net cash provided by (used in) in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.78M	USD	3 Qtrs
Net cash provided by (used in) in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.76M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.87M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.13M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.87M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$540.00K	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	$760.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$170.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	$28.00K	USD	3 Qtrs
Revaluation of noncontrolling interest obligations, net of tax	`RevaluationOfNoncontrollingInterestObligationsNetOfTax`	$-1.10M	USD	3 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.95M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.79M	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterest1`	$709.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-190.00K	USD	3 Qtrs
Stock issued upon option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.00K	USD	3 Qtrs
Issuance and amortization of restricted stock	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$592.00K	USD	3 Qtrs
Distribution to owners	`PaymentsOfDistributionsToAffiliates`	$-994.00K	USD	3 Qtrs
Stock issued in equity offering, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$14.08M	USD	3 Qtrs
Stock issued in equity offering, net of expenses (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	2.10M	shares	Point-in-time
Stock issued in equity offering, net of expenses (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	69,457.00	shares	3 Qtrs
Stock issued in equity offering, net of expenses (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	600.00	shares	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-53.00K	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$146.95M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.79M	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-189.00K	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-2.53M	USD	3 Qtrs
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-3.94M	USD	1 Quarter
Net loss attributable to Sterling common stockholders	`NetIncomeLoss`	$-21.79M	USD	3 Qtrs
Net income attributable to noncontrolling owners interests included in equity	`NetIncomeAttributableToNoncontrollingInterestIncludedInEquity`	$3.24M	USD	3 Qtrs
Net income attributable to noncontrolling owners interests included in equity	`NetIncomeAttributableToNoncontrollingInterestIncludedInEquity`	$1.56M	USD	3 Qtrs
Net income attributable to noncontrolling owners interests included in liabilities	`NetIncomeAttributableToNoncontrollingInterestIncludedInLiabilities`	$1.69M	USD	3 Qtrs
Realized gain from sale of available-for-sale securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-300.00K	USD	3 Qtrs
Change in unrealized holding loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-588.00K	USD	3 Qtrs
Realized gain from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$-15.00K	USD	3 Qtrs
Realized gain from settlement of derivatives	`GainLossOnSaleOfDerivatives`	$-30.00K	USD	3 Qtrs
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$31.00K	USD	3 Qtrs
Change in the effective portion of unrealized gain (loss) in fair market value of derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-175.00K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-19.43M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$519.00K	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.