Annual report pursuant to Section 13 and 15(d)

CONTRACTS RECEIVABLE

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CONTRACTS RECEIVABLE
 12 Months Ended
Dec. 31, 2014
Receivables [Abstract]  
CONTRACTS RECEIVABLE

3. CONTRACTS RECEIVABLE

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

 

     2014      2013  

Completed contracts

      

Current receivables

    $ 24,667       $ 3,885   

Long term receivables due after one year

      —           —     

Contracts in progress:

      

Current receivables

      59,384         95,581   

Retainage due within one year

      —           111   
  

 

 

     

 

 

  
     84,051         99,577   

Less allowance for doubtful accounts

      3,603         887   
  

 

 

     

 

 

  
   $ 80,448       $ 98,690