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Allowance for Doubtful Accounts and Sales Reserves
6 Months Ended
Jun. 30, 2020
Credit Loss [Abstract]  
Allowance for Doubtful Accounts and Sales Reserves Allowance for Doubtful Accounts and Sales Reserves
The following table summarizes the changes in the allowances applied to accounts receivable and contract assets for the six months ended June 30, 2020 (in thousands):
Accounts Receivable ReserveContract Asset Reserve
Balance at December 31, 2019$2,662  $205  
Adoption of new accounting standard—  609  
Provision985  1,686  
Recoveries(563) (32) 
Charge-offs(414) (138) 
Balance at June 30, 2020$2,670  $2,330  
During the six months ended June 30, 2020, we analyzed the risk associated with each portfolio segment within our accounts receivables and contract assets balances. As a result of the economic uncertainties caused by the impact of the COVID-19 pandemic, we aggregated our portfolio into pools using different risk profiles. We increased our expected credit loss rates for customers in industries that we expect will be more adversely impacted by the economic downturn caused by the COVID-19 pandemic. This increase in expected credit losses due to the COVID-19 pandemic resulted in the recognition of an additional $0.7 million in expected credit losses, which is recorded in general and administrative expense in our condensed consolidated statements of operations and comprehensive income (loss).