Annual report pursuant to Section 13 and 15(d)

Accounts Receivable and Major Customers

v3.6.0.2
Accounts Receivable and Major Customers
12 Months Ended
Dec. 31, 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:
 
Successor
 
 
Predecessor
 
December 31,
 
2016
 
 
2015
Customers
$
20,489

 
 
$
23,481

Joint interest partners
7,238

 
 
18,381

Other
3,789

 
 
7,658

 
31,516

 
 
49,520

Less: Allowance for doubtful accounts
(2,421
)
 
 
(1,555
)
 
$
29,095

 
 
$
47,965


For the year ended December 31, 2016, three customers accounted for $122.7 million, or approximately 93% of our consolidated product revenues. The revenues generated from these customers during 2016 were $93.5 million, $15.7 million and $13.5 million or 71%, 12%, and 10% of the consolidated total, respectively. As of December 31, 2016, $16.7 million, or approximately 81% of our consolidated accounts receivable from customers was related to these customers. For the year ended December 31, 2015, three customers accounted for $168.9 million, or approximately 64% of our consolidated product revenues. The revenues generated from these customers during 2015 were $74.5 million, $63.5 million and $30.9 million, or approximately 28%, 24% and 12% 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.