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Revenue (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Summary of Reconciliation of Deferred Revenue to Aggregate Revenue Under Contract

The following table reconciles deferred revenue to Aggregate Revenue Under Contract at June 30, 2018 and December 31, 2017, respectively.

 

                                                 
      June 30, 2018         December 31, 2017    

Deferred revenue (GAAP basis)

  $         25,890,000     $         26,534,000  

Amounts under non-cancellable contracts for which the Company does not yet have the contractual right to bill at the period end (A)

    21,604,000       25,470,000  
 

 

 

   

 

 

 

Aggregate Revenue Under Contract

  $ 47,494,000     $ 52,004,000  
 

 

 

   

 

 

 

 

 

  (A)

Amounts are billable in future periods and represent (i) non-cancellable contracts for subscribers with multi-year subscriptions where the future years are not yet billable, or (ii) subscribers with non-cancellable annual subscriptions with interim billing terms.

Summary of Amortization Expense Related to Net Capitalized Commission Asset

The Company’s future amortization expense related to the net capitalized commission asset balance at June 30, 2018 follows:

 

For the Year Ended December 31,

  Amount  

2018 (July 1, 2018 to December 31, 2018)

  $         1,021,000  

2019

    1,259,000  

2020

    578,000  

2021

    192,000  

2022

    6,000  
 

 

 

 

Total

  $         3,056,000