4. BILLINGS, COSTS AND ESTIMATED EARNINGS (Tables)

3 Months Ended

Mar. 31, 2015

Billings Costs And Estimated Earnings On Uncompleted Contracts

COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS

	March 31, 2015			December 31, 2014
Costs incurred on uncompleted contracts	$	12,979		$	10,500
Estimated earnings on uncompleted contracts		4,841			3,893
		17,820			14,393
Less: Billings to date on uncompleted contracts		(12,508	)		(7,585	)
	$	5,312		$	6,808
Included in the accompanying consolidated balance sheets under the following captions:
Costs and estimated earnings in excess of billings on uncompleted contracts	$	5,946		$	6,808
Billings in excess of costs and estimated earnings on uncompleted contracts		(634	)		–
	$	5,312		$	6,808