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Accounts Receivable
3 Months Ended
Mar. 31, 2017
Receivables [Abstract]  
Accounts Receivable

3.

Accounts Receivable

 

(Table only in thousands)

 

March 31,

2017

 

 

December 31,

2016

 

Trade receivables

 

$

12,259

 

 

$

11,976

 

Contract receivables

 

 

66,180

 

 

 

72,835

 

Allowance for doubtful accounts

 

 

(1,713

)

 

 

(1,749

)

 

 

$

76,726

 

 

$

83,062

 

 

Balances billed but not paid by customers under retainage provisions in contracts amounted to approximately $2.8 million and $3.2 million at March 31, 2017 and December 31, 2016, respectively. Retainage receivables on contracts in progress are generally collected within a year after contract completion.

 

Bad debt expense was $0.2 million and $0.1 million for the three-month periods ended March 31, 2017 and 2016, respectively.