REVENUES

9 Months Ended

Dec. 31, 2019

Contract balances

Accounts receivable – trade represents amounts due from contracts with customers. In addition, we had $18.5 million and $16.2 million of receivables from contracts with customers included within financing receivables as of December 31, 2019, and March 31, 2019, respectively. The following table provides the balance of contract liabilities from contracts with customers (in thousands):

Contract liabilities	December 31, 2019		March 31, 2019
Current (included in deferred revenue)	$	54,482	$	46,356
Non-current (included in other liabilities)	$	16,874	$	13,593

Revenue recognized from the beginning contract liability balance was $15.9 million and $45.3 million for the three and nine months ended December 31, 2019, respectively, and $7.3 million and $28.2 million for the three and nine months ended December 31, 2018, respectively.

Performance obligations

The following table includes revenue expected to be recognized in the future related to performance obligations, primarily non-cancelable contracts for ePlus managed services, that are unsatisfied or partially unsatisfied at the end of the reporting period, in thousands. The table does not include the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts where we recognize revenue at the amount that we have the right to invoice for services performed.

Remainder of Year ending March 31, 2020	$	9,439
Year ending March 31, 2021		20,100
Year ending March 31, 2022		9,589
Year ending March 31, 2023		2,935
Year ending March 31, 2024		467
Year ending March 31, 2025 and thereafter		443
Total remaining performance obligations	$	42,973