Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable and Major Customers

v3.7.0.1
Accounts Receivable and Major Customers
3 Months Ended
Mar. 31, 2017
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:
 
March 31,
 
 
December 31,
 
2017
 
 
2016
Customers
$
23,331

 
 
$
20,489

Joint interest partners
16,024

 
 
7,238

Other 1
1,693

 
 
3,789

 
41,048

 
 
31,516

Less: Allowance for doubtful accounts
(2,381
)
 
 
(2,421
)
 
$
38,667

 
 
$
29,095


_______________________
1 Includes amounts owed to us from joint venture partners for acquisitions in prior periods, severance tax refunds approved by state taxing authorities to be returned to us and other miscellaneous non-operating items.
For the three months ended March 31, 2017, one customer accounted for $31.2 million, or approximately 90%, of our consolidated product revenues. As of March 31, 2017, $20.2 million, or approximately 86%, of our consolidated accounts receivable from customers was related to this customer. For the three months ended March 31, 2016, two customers accounted for $26.5 million, or approximately 88%, of our consolidated product revenues. The revenues generated from these customers during the three months ended March 31, 2016 were $13.9 million and $12.6 million, or approximately 46%, and 42% 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. No significant uncertainties exist related to the collectability of amounts owed to us by any of these customers.