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Accounts Receivable
6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Accounts Receivable

3.

Accounts Receivable

 

(Table only in thousands)

 

June 30, 2018

 

 

December 31, 2017

 

Contract receivables

 

$

63,990

 

 

$

60,543

 

Trade receivables

 

 

8,040

 

 

 

11,603

 

Allowance for doubtful accounts

 

 

(4,234

)

 

 

(4,156

)

Total accounts receivable

 

$

67,796

 

 

$

67,990

 

 

Balances billed but not paid by customers under retainage provisions in contracts within the Condensed Consolidated Balance Sheets amounted to approximately $2.6 million and $2.5 million at June 30, 2018 and December 31, 2017, respectively. Retainage receivables on contracts in progress are generally collected within a year after contract completion.

 

Bad debt expense was $0.5 million and $0.7 million for the three-month periods ended June 30, 2018 and 2017, respectively, and $0.6 million and $1.0 million for the six-month periods ended June 30, 2018 and 2017, respectively.