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