3. Trade Receivables net

9 Months Ended

Sep. 30, 2016

Trade Receivables Net

3. Trade Receivables net

Our trade receivables balance consists of traditional trade receivables and residual extended payment term agreements (EPTAs) sold prior to July 2011.  Below is an analysis of the days outstanding of our trade receivables as shown on our balance sheet (in thousands):

	September 30,			December 31,
	2016			2015
Trade receivables	$	323		$	378
Conforming EPTAs		71			94
Non-Conforming EPTAs:
1 - 30 days		4			11
31 - 60 days		-			4
61 - 90 days		2			17
Gross trade receivables		400			504
Less: allowance for doubtful accounts		(51	)		(59	)
Trade receivables, net	$	349		$	445
Current trade receivables, net	$	303		$	364
Long-term trade receivables, net		46			81
Trade receivables, net	$	349		$	445

All current and long-term EPTAs in the table above had original contract terms of greater than one year. The Company wrote off $34,000 of EPTAs during the nine months ended September 30, 2016 and $66,000 during the year ended December 31, 2015, of which, all had original contract terms of greater than one year.