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Accounts Receivable
3 Months Ended
Mar. 31, 2021
Receivables [Abstract]  
Accounts Receivable

3.     Accounts Receivable

 

(table only in thousands)

 

March 31, 2021

 

 

December 31, 2020

 

Contract receivables

 

$

58,193

 

 

$

57,435

 

Trade receivables

 

 

11,151

 

 

 

8,721

 

Allowance for doubtful accounts

 

 

(2,876

)

 

 

(3,110

)

Total accounts receivable

 

$

66,468

 

 

$

63,046

 

 

Balances billed but not paid by customers under retainage provisions in contracts within the Condensed Consolidated Balance Sheets amounted to approximately $1.5 million at March 31, 2021 and December 31, 2020, respectively. Retainage receivables on contracts in progress are generally collected within a year after contract completion.

 

The Company had net recoveries of bad debts of approximately $41,000 for the three-months ended March 31, 2021 compared with bad debt expense of approximately $46,000 for the three-months ended March 31, 2020.