Revenue and Customers (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Contract Liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers:

	March 31, 2020			December 31, 2019
Current contract assets	$	17,085		$	21,292
Noncurrent contract assets	7,494			9,508
Total contract assets	24,579			30,800
Current contract liabilities (deferred revenue)	(42,535		)	(34,196		)
Noncurrent contract liabilities (deferred revenue)	(26,171		)	(30,859		)
Total contract liabilities	$	(68,706	)	$	(65,055	)

Significant changes in the remaining performance obligation contract assets and the contract liabilities balances for the three months ended March 31, 2020 and 2019 are as follows:

	Contract Assets			Contract Liabilities
Net balance at December 31, 2018	$	47,664		$	(80,753	)
Amortization of deferred costs	(8,775		)	—
Additions to deferred costs	373			—
Amortization of deferred revenue	—			9,355
Additions to deferred revenue	—			(866		)
Total	(8,402		)	8,489
Net balance at March 31, 2019	$	39,262		$	(72,264	)
Net balance at December 31, 2019	$	30,800		$	(65,055	)
Amortization of deferred costs	(8,799		)	—
Additions to deferred costs	2,578			—
Amortization of deferred revenue	—			15,828
Additions to deferred revenue	—			(19,479		)
Total	(6,221		)	(3,651		)
Net balance at March 31, 2020	$	24,579		$	(68,706	)

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

The following table reflects revenue expected to be recognized in the future related to unsatisfied performance obligations, by rig type, as of March 31, 2020:    

	For the Years Ended December 31,
	2020 (1)		2021		2022		2023		2024 and beyond		Total
Floaters	$	23,912	$	11,210	$	7,853	$	3,546	$	—	$	46,521
Jackups	13,217		7,227		1,741		—		—		22,185
Total	$	37,129	$	18,437	$	9,594	$	3,546	$	—	$	68,706

⁽¹⁾ Represents a nine-month period beginning April 1, 2020

Disaggregation of Revenue by Rig Types

The following table provides information about contract drilling revenue by rig types:

	Three Months Ended March 31,
	2020		2019
Floaters	$	125,336	$	153,154
Jackups	142,028		117,347
Total	$	267,364	$	270,501