Quarterly report pursuant to Section 13 or 15(d)

Costs and Estimated Earnings on Uncompleted Contracts (Tables)

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Costs and Estimated Earnings on Uncompleted Contracts (Tables)
6 Months Ended
Jun. 30, 2018
Contractors [Abstract]  
Schedule of Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts

Costs and estimated earnings in excess of billings on uncompleted contracts are summarized as follows:

 

    June 30, 2018     December 31, 2017  
Costs incurred on uncompleted contracts   $ 204,513     $ 147,117  
Estimated earnings     41,276       46,277  
      245,789       193,394  
Billings to date     (243,583 )     (212,472 )
    $ 2,206     $ (19,078 )
                 
Included in the accompanying balance sheets:                
Costs and estimated earnings in excess of billings     2,206       11,226  
Billings in excess of costs and estimated earnings           (30,304 )
Total   $ 2,206     $ (19,078 )