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Contracts in Progress
 6 Months Ended
Jun. 30, 2016
Contractors [Abstract]  
Contracts in Progress
Contracts in Progress

Contracts in progress are as follows at June 30, 2016 and December 31, 2015:
 
June 30,
2016
 
December 31,
2015
Costs incurred on uncompleted contracts
$
893,371

 
$
782,934

Estimated earnings
136,699

 
132,694

 
1,030,070

 
915,628

Less: Billings to date
(1,008,708
)
 
(884,504
)
 
$
21,362

 
$
31,124

Included in the accompanying condensed consolidated balance sheet under the following captions:
 

 
 

Costs and estimated earnings in excess of billings on uncompleted contracts
$
48,401

 
$
59,608

Billings in excess of costs and estimated earnings on uncompleted contracts
(27,039
)
 
(28,484
)
 
$
21,362

 
$
31,124



Costs and estimated earnings in excess of billings on completed contracts totaled $1.1 million at June 30, 2016.