Accounts Receivable and Major Customers

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Accounts Receivable and Major Customers

Accounts Receivable and Major Customers

The following table summarizes our accounts receivable by type as of the dates presented:

	As of
	March 31,			December 31,
	2015			2014
Customers	$	57,125		$	62,650
Joint interest partners	86,297			120,708
Other	6,787			6,549
	150,209			189,907
Less: Allowance for doubtful accounts	(280		)	(280		)
	$	149,929		$	189,627

For the three months ended March 31, 2015, three customers accounted for $47.9 million, or approximately 66%, of our consolidated product revenues. The revenues generated from these customers during the three months ended March 31, 2015 were $28.0 million, $12.0 million and $7.9 million or 38%, 17% and 11% of the consolidated total, respectively. As of March 31, 2015, $27.4 million, or approximately 48% of our consolidated accounts receivable from customers was related to these customers. For the three months ended March 31, 2014, four customers accounted for $89.5 million, or approximately 67% of our consolidated product revenues. The revenues generated from these customers during the three months ended March 31, 2014 were $38.8 million, $17.4 million, $17.2 million and $16.1 million or approximately 29%, 13%, 13% and 12% of the consolidated total, respectively. As of December 31, 2014, $36.1 million, or approximately 58% of our consolidated accounts receivable from customers, was related to these customers. No significant uncertainties exist related to the collectability of amounts owed to us by any of these customers.