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Costs and Estimated Earnings on Uncompleted Contracts
12 Months Ended
Dec. 31, 2012
Costs and Estimated Earnings on Uncompleted Contracts [Abstract]  
Costs and Estimated Earnings on Uncompleted Contracts
4. Costs and Estimated Earnings on Uncompleted Contracts

 

                 
$ in thousands   2012     2011  

Costs incurred on uncompleted contracts

  $ 51,035     $ 57,345  

Estimated earnings

    16,644       17,512  
   

 

 

   

 

 

 
      67,679       74,857  

Less billings to date

    (73,300     (73,861
   

 

 

   

 

 

 
    $ (5,621   $ 996  
   

 

 

   

 

 

 

Included in the accompanying consolidated balance sheets under the following captions:

               

Costs and estimated earnings in excess of billings on uncompleted contracts

  $ 5,747     $ 10,643  

Billings in excess of costs and estimated earnings on uncompleted contracts

    (11,368     (9,647
   

 

 

   

 

 

 
    $ (5,621   $ 996