XML 25 R12.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accounts Receivable and Major Customers
6 Months Ended
Jun. 30, 2016
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
 
June 30,
 
December 31,
 
2016
 
2015
Customers
$
22,573

 
$
23,481

Joint interest partners
12,849

 
18,381

Other
6,510

 
7,658

 
41,932

 
49,520

Less: Allowance for doubtful accounts
(1,618
)
 
(1,555
)
 
$
40,314

 
$
47,965


For the six months ended June 30, 2016, three customers accounted for $62.2 million, or approximately 93%, of our consolidated product revenues. The revenues generated from these customers during the six months ended June 30, 2016 were $32.1 million, $16.2 million and $13.9 million or 48%, 24% and 21% of the consolidated total, respectively. As of June 30, 2016, $20.5 million, or approximately 91%, of our consolidated accounts receivable from customers was related to these customers. For the six months ended June 30, 2015, three customers accounted for $96.7 million, or approximately 62%, of our consolidated product revenues. The revenues generated from these customers during the six months ended June 30, 2015 were $41.2 million, $36.1 million, and $19.4 million, or approximately 26%, 23% and 13% of the consolidated total, respectively. As of December 31, 2015, $21.1 million, or approximately 90%, 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.