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4. COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS (Tables)
3 Months Ended
Mar. 31, 2013
Costs Estimated Earnings And Billings On Uncompleted Contracts Tables  
COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS

The components of billings, costs and estimated earnings on uncompleted contracts are summarized below:

 

    March 31, 2013     December 31, 2012  
Costs incurred on uncompleted contracts   $ 8,962     $ 9,915  
Estimated earnings on uncompleted contracts     4,597       4,714  
      13,559       14,629  
Less: Billings to date on uncompleted contracts     (11,350 )     (12,835 )
    $ 2,209     $ 1,794  
                 
Included in the accompanying consolidated balance sheets under the following captions:                
Costs and estimated earnings in excess of billings on uncompleted contracts   $ 3,432     $ 2,547  
Billings in excess of costs and estimated earnings on uncompleted contracts     (1,223 )     (753 )
    $ 2,209     $ 1,794