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Contracts in Progress (Tables)
3 Months Ended
Mar. 31, 2020
Contractors [Abstract]  
Schedule of contracts in progress

 

 

 

 

 

 

 

 

    

March 31,

    

December 31, 

 

 

2020

 

2019

Costs incurred on uncompleted contracts

 

$

949,578

 

$

884,244

Estimated earnings

 

 

162,348

 

 

144,160

 

 

 

1,111,926

 

 

1,028,404

Less: Billings to date

 

 

(1,133,905)

 

 

(1,035,796)

 

 

$

(21,979)

 

$

(7,392)

Included in the accompanying Condensed Consolidated Balance Sheet under the following captions:

 

 

  

 

 

  

Costs and estimated earnings in excess of billings on uncompleted contracts

 

$

31,433

 

$

41,389

Billings in excess of costs and estimated earnings on uncompleted contracts

 

 

(53,412)

 

 

(48,781)

 

 

$

(21,979)

 

$

(7,392)