3. BILLINGS, COSTS AND ESTIMATED EARNINGS (Tables)

6 Months Ended

Jun. 30, 2013

Billings Costs And Estimated Earnings On Uncompleted Contracts

COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS

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

	June 30, 2013			December 31, 2012
Costs incurred on uncompleted contracts	$	11,680		$	9,915
Estimated earnings on uncompleted contracts		5,626			4,714
		17,306			14,629
Less: Billings to date on uncompleted contracts		(12,845	)		(12,835	)
	$	4,461		$	1,794
Included in the accompanying consolidated balance sheets under the following captions:
Costs and estimated earnings in excess of billings on uncompleted contracts	$	5,321		$	2,547
Billings in excess of costs and estimated earnings on uncompleted contracts		(860	)		(753	)
	$	4,461		$	1,794