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Contract assets and contract liabilities (Tables)
12 Months Ended
Dec. 31, 2018
Contract assets and contract liabilities  
Schedule of summary of the contract asset, net and contract liability, net activity and amounts of contract liability balance and performance obligations included in revenues

 

The opening and closing balances of our contract asset, net, contract liability, net, and receivables balances from contracts with customers for the year ended December 31, 2018 are as follows:

 

 

 

 

 

 

 

 

 

Contract

 

Contract

 

    

Assets, Net

    

Liabilities, Net

Balance at January 1, 2018

 

$

798

 

$

204,472

Balance at December 31, 2018

 

 

468

 

 

217,733

Change

 

$

(330)

 

$

13,261

 

Revenues for the year ended December 31, 2018 include the following:

 

 

 

 

 

    

Year

 

 

Ended

 

 

December 31, 

 

 

2018

Amounts included in the beginning of period contract liability balance

 

$

85,592

Amounts associated with performance obligations satisfied in previous periods

 

 

378