Annual report pursuant to Section 13 and 15(d)

CONTRACTS RECEIVABLE

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CONTRACTS RECEIVABLE
12 Months Ended
Dec. 31, 2013
Receivables [Abstract]  
CONTRACTS RECEIVABLE

3. CONTRACTS RECEIVABLE

Amounts due on contracts as of December 31 were as follows (in thousands):

 

     2013      2012  

Completed contracts

     

Current receivables

   $ 3,885       $ 3,320   

Long term receivables due after one year

     —           —     

Contracts in progress:

     

Current receivables

     95,581         71,723   

Retainage due within one year

     111         1,298   
  

 

 

    

 

 

 
     99,577         76,341   

Less allowance for doubtful accounts

     887         14,508   
  

 

 

    

 

 

 
   $ 98,690       $ 61,833