Note 2. Construction Contracts in Progress

12 Months Ended

Dec. 31, 2011

Long-term Contracts or Programs Disclosure [Text Block]

2.   CONSTRUCTION CONTRACTS IN PROGRESS

The status of contracts in progress as of December 31, 2011 and 2010 is as follows:

	2011			2010
Costs incurred on uncompleted contracts	$	17,673		$	19,928
Estimated earnings		13,476			10,305
Earned revenue		31,149			30,233
Less billings to date		(27,782	)		(24,083	)
Total	$	3,367		$	6,150
Classified as follows:
Costs and estimated earnings in excess of billings on uncompleted contracts	$	7,262		$	6,800
Billings in excess of costs and estimated earnings on uncompleted contracts		(3,895	)		(650	)
Total	$	3,367		$	6,150

Costs and estimated earnings in excess of billings on uncompleted contracts are included in accounts receivable on the consolidated balance sheet, while billings in excess of costs and estimated earnings on uncompleted contracts are included in other accrued liabilities on the consolidated balance sheet.  All billed and unbilled amounts outstanding as of December 31, 2011 are expected to be collected within the next 12 months.

As of December 31, 2011 Fuel Tech had one construction contract in progress that was identified as a loss contract in the amount of $201.As of December 31, 2010, Fuel Tech had no construction contracts in progress that were identified as loss contracts.