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Revenues
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenue
The following table presents our revenues disaggregated by revenue stream.
Year Ended December 31,
(Thousands)202320222021
Revenue disaggregated by revenue stream
Revenue from contracts with customers
Uniti Fiber
Lit backhaul$74,538 $78,977 $86,915 
Enterprise and wholesale97,834 85,820 86,390 
E-Rate and government55,682 64,219 74,396 
Other3,102 2,827 3,272 
Uniti Fiber$231,156 $231,843 $250,973 
Uniti Leasing6,847 4,590 4,449 
Total revenue from contracts with customers238,003 236,433 255,422 
Revenue accounted for under leasing guidance
Uniti Leasing845,925 822,867 797,048 
Uniti Fiber65,903 69,547 48,052 
Total revenue accounted for under leasing guidance911,828 892,414 845,100 
Total revenue$1,149,831 $1,128,847 $1,100,522 
At December 31, 2023 and 2022, lease receivables were $22.0 million and $26.2 million, respectively, and receivables from contracts with customers were $18.8 million and $16.1 million, respectively.
Contract Assets (Unbilled Revenue) and Liabilities (Deferred Revenue)
Contract assets primarily consist of unbilled construction revenue where we are utilizing our costs incurred as the measure of progress of satisfying our performance obligation. Contract assets are reported within accounts receivables, net on our Consolidated Balance Sheets. When the contract price is invoiced, the related unbilled receivable is reclassified to trade accounts receivable, where the balance will be settled upon the collection of the invoiced amount. Contract liabilities are generally comprised of upfront fees charged to the customer for the cost of establishing the necessary components of the Company’s network prior to the commencement of use by the customer. Fees charged to customers for the recurring use of the Company’s network are recognized during the related periods of service. Upfront fees that are billed in advance of providing services are deferred until such time the customer accepts the Company’s network and then are recognized as service revenues ratably over a period in which substantive services required under the revenue arrangement are expected to be performed, which is the initial term of the arrangement. During the years ended December 31, 2023, 2022, and 2021, we recognized revenues of $4.1 million, $6.4 million, and $13.2 million, respectively that was included in the December 31, 2022, December 31, 2021, and December 31, 2020 contract liabilities balance, respectively.
The following table provides information about contract assets and contract liabilities accounted for under Topic 606.
(Thousands)Contract AssetsContract Liabilities
Balance at December 31, 2022$173 $8,699 
Balance at December 31, 2023$26 $11,109 
Transaction Price Allocated to Remaining Performance Obligations
Performance obligations within contracts to stand ready to provide services are typically satisfied over time or as those services are provided. Contract liabilities primarily relate to deferred revenue from upfront customer payments. The
deferred revenue is recognized, and the liability reduced, over the contract term as the Company completes the performance obligation. As of December 31, 2023, our future revenues (i.e. transaction price related to remaining performance obligations) under contracts accounted for under ASC 606 totaled $645.0 million, of which $589.0 million is related to contracts that are currently being invoiced and have an average remaining contract term of 3.3 years, while $56.0 million represents our backlog for sales bookings which have yet to be installed and have an average remaining contract term of 5.2 years. We do not disclose the value of unsatisfied performance obligations for contracts that have an original expected duration of one year or less.