Annual report pursuant to Section 13 and 15(d)

Costs and Estimated Earnings on Uncompleted Contracts (Tables)

v3.20.1
Costs and Estimated Earnings on Uncompleted Contracts (Tables)
 12 Months Ended
Dec. 31, 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 as follows:

 

    December 31,  
    2018     2017  
             
Costs incurred on uncompleted contracts     283,833     $ 101,785  
Estimated earnings     16,568       5,916  
      300,401       107,701  
Billings to date     (329,117 )     (139,946 )
      (28,716 )   $ (32,245 )
Included in the accompanying balance sheets:                
Costs and estimated earnings in excess of billings     5,974       5,286  
Billings in excess of costs and estimated earnings     (34,690 )     (37,531 )
Total     (28,716 )   $ (32,245 )