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Revenue
 3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The tables below show the Company's disaggregated revenues for the periods presented:
 
Three Months Ended March 31,
 
2020
 
2019
Subscription revenues
$
193,235

 
$
192,492

Transactional revenues
49,239

 
41,697

Total revenues, gross
242,474

 
234,189

Deferred revenues adjustment(1)
(1,882
)
 
(164
)
Total revenues, net
$
240,592

 
$
234,025

(1) Reflects the deferred revenues adjustment as a result of purchase accounting.

 
 
 
 
Contract Balances
 
Accounts receivable, net
 
Current portion of deferred revenues
 
Non-current portion of deferred revenues
Opening (1/1/2020)
$
333,858

 
$
407,325

 
$
19,723

Closing (3/31/2020)
343,177

 
472,101

 
18,774

(Increase)/decrease
$
(9,319
)
 
$
(64,776
)
 
$
949

 
 
 
 
 
 
Opening (1/1/2019)
$
331,295

 
$
391,102

 
$
17,112

Closing (3/31/2019)
343,113

 
461,928

 
17,987

(Increase)/decrease
$
(11,818
)
 
$
(70,826
)
 
$
(875
)

The amount of revenue recognized in the period that were included in the opening deferred revenues current and long-term balances were $105,150. This revenue consists primarily of subscription revenue.
Transaction Price Allocated to the Remaining Performance Obligation
As of March 31, 2020, approximately $62,328 of revenue is expected to be recognized in the future from remaining performance obligations, excluding contracts with durations of one year or less. The Company expects to recognize revenue on approximately 65% of these performance obligations over the next 12 months. Of the remaining 35%, 21% is expected to be recognized within the following year, with the final 14% expected to be recognized within years 3 to 10.