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Accounts Receivable
9 Months Ended
Sep. 30, 2016
Receivables [Abstract]  
Accounts Receivable

3.

Accounts Receivable

 

(Table only in thousands)

 

September 30,

2016

 

 

December 31,

2015

 

Trade receivables

 

$

12,068

 

 

$

12,800

 

Contract receivables

 

 

72,641

 

 

 

86,129

 

Allowance for doubtful accounts

 

 

(1,350

)

 

 

(1,151

)

 

 

$

83,359

 

 

$

97,778

 

 

Balances billed but not paid by customers under retainage provisions in contracts amounted to approximately $2.0 million and $2.3 million at September 30, 2016 and December 31, 2015, respectively. Retainage receivables on contracts in progress are generally collected within a year after contract completion.

 

The provision for doubtful accounts was $30,000 and $0.4 million for the three-month periods ended September 30, 2016 and 2015, respectively, and $0.3 million and $0.5 million for the nine-month periods ended September 30, 2016 and 2015, respectively.