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Accounts Receivable
6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Accounts Receivable

3.

Accounts Receivable

 

(Table only in thousands)

 

June 30,

2017

 

 

December 31,

2016

 

Trade receivables

 

$

13,204

 

 

$

11,976

 

Contract receivables

 

 

55,108

 

 

 

72,835

 

Allowance for doubtful accounts

 

 

(2,181

)

 

 

(1,749

)

 

 

$

66,131

 

 

$

83,062

 

 

Balances billed but not paid by customers under retainage provisions in contracts amounted to approximately $3.0 million and $3.2 million at June 30, 2017 and December 31, 2016, respectively. Retainage receivables on contracts in progress are generally collected within a year after contract completion.

 

The provision for doubtful accounts was $0.7 million and $0.2 million for the three-month periods ended June 30, 2017 and 2016, respectively, and $1.0 million and $0.3 million for the six-month periods ended June 30, 2017 and 2016, respectively.