ACCOUNTS RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Contract Receivables

A summary of contract receivables is as follows:

	December 31, 2016			December 31, 2015
	(in thousands)
Contract receivables:
Contracts in progress	$	245,604			164,898
Completed contracts		40,345			35,702
Retainages		58,431			17,896
Unbilled (1)		4,303			4,303
Less allowances		(14,299	)		(14,325	)
Accounts receivable—trade, net	$	334,384		$	208,474

⁽¹⁾ This amount relates to a project milestone billing for which we are awaiting the customer’s final acceptance certificate. We expect to receive the final acceptance certificate during 2017.

Retainages on Contracts

The following amounts represent retainages on contracts:

	December 31, 2016		December 31, 2015
	(in thousands)
Retainages expected to be collected within one year	$	58,431	$	17,896
Retainages expected to be collected after one year		127,193		155,061
Total retainages	$	185,624	$	172,957

Summary of Accounts Receivable Other

A summary of accounts receivable—other is as follows:

	December 31, 2016		December 31, 2015
	(In thousands)
Receivables from unconsolidated affiliates	$	13,292	$	12,816
Accrued unbilled other		12,075		14,021
Employee receivables		4,730		4,376
Other taxes receivable		2,483		28,743
Other		4,349		6,733
Accounts receivable—other	$	36,929	$	66,689