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Accounts Receivable and Major Customers
12 Months Ended
Dec. 31, 2011
Accounts Receivable and Major Customers

4.        Accounts Receivable and Major Customers

 

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

 

    As of December 31,  
    2011     2010  
Customers   $ 49,763     $ 44,783  
Joint interest partners     22,755       23,526  
Other     1,695       4,442  
      74,213       72,751  
Less: Allowance for doubtful accounts     (1,781 )     (373 )
    $ 72,432     $ 72,378  

 

For the years ended December 31, 2011 and 2010, five customers accounted for $173.1 million and $140.2 million, or approximately 58% and 56%, respectively, of our total consolidated product revenues. As of December 31, 2011 and 2010, $31.6 million and $31.1 million, or approximately 44% and 43%, respectively, of our consolidated accounts receivable, including joint interest billings, related to these customers. No significant uncertainties exist related to the collectability of amounts owed to us by these customers.