Revenue

6 Months Ended

Jun. 30, 2023

Revenue

Revenue

2. Revenue

Contract Assets

As of June 30, 2023, December 31, 2022, and June 30, 2022 a contract asset of $17.3 million, $18.4 million and $18.3 million, respectively, relating to RV service revenues, was included in accounts receivable in the accompanying condensed consolidated balance sheets.

Deferred Revenues

The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance, net of estimated refunds that are presented separately as a component of accrued liabilities. For the six months ended June 30, 2023, $64.1 million of revenues recognized were included in the deferred revenue balance at the beginning of the period.

As of June 30, 2023, the Company has unsatisfied performance obligations primarily relating to plans for its roadside assistance, Good Sam Club memberships, Coast to Coast memberships, the annual campground guide, and magazine publication revenue streams. The total unsatisfied performance obligations for these revenue streams at June 30, 2023 and the periods during which the Company expects to recognize the amounts as revenue are presented as follows (in thousands):

	As of
	June 30, 2023
2023	$	60,761
2024		54,981
2025		25,580
2026		13,284
2027		7,231
Thereafter		4,822
Total	$	166,659