REVENUE AND CONTRACT ASSETS

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

The following table presents the composition of revenue:



	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Residential:
Video	$	1,018,426	$	1,034,404	$	2,035,756	$	2,068,112
Broadband	806,250		712,202		1,581,823		1,413,823
Telephony	150,232		163,499		304,696		329,537
Business services and wholesale	357,806		337,388		708,495		670,478
Advertising	112,953		109,898		206,498		197,480
Other	5,414		6,762		10,380		14,437
Total revenue	$	2,451,081	$	2,364,153	$	4,847,648	$	4,693,867

The Company is assessed non-income related taxes by governmental authorities, including franchising authorities (generally under multi-year agreements), and collects such taxes from its customers. In instances where the tax is being assessed directly on the Company, amounts paid to the governmental authorities are recorded as programming and other direct costs and amounts received from the customers are recorded as revenue. For the three and six months ended June 30, 2019 the amount of franchise fees and certain other taxes and fees included as a component of revenue aggregated $63,920 and $128,156, respectively. For the three and six months ended June 30, 2018 the amount of franchise fees and certain other taxes and fees included as a component of revenue aggregated $63,362 and $127,192, respectively.

Contract Assets

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



	June 30, 2019		December 31, 2018
Contract assets (a)	$	28,236	$	26,405
Deferred revenue (b)	204,440		190,056


(a)	Contract assets include primarily sales commissions for enterprise customers that are deferred and amortized over the average contract term.

(b)

Deferred revenue represents payments received from customers for services that have yet to be provided and installation revenue which is deferred and recognized over the benefit period. A significant portion of the Company's deferred revenue represents payments for services for up to one month in advance from residential and small and medium-sized business ("SMB") customers which is realized within the following month as services are performed.

A significant portion of our revenue is derived from residential and SMB customer contracts which are month-to month. As such, the amount of revenue related to unsatisfied performance obligations is not necessarily indicative of the future revenue to be recognized from our existing customer base. Contracts with enterprise customers generally range from three to five years, and services may only be terminated in accordance with the contractual terms.