Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable and Major Customers

v3.8.0.1
Accounts Receivable and Major Customers
9 Months Ended
Sep. 30, 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:
 
September 30,
 
 
December 31,
 
2017
 
 
2016
Customers
$
30,852

 
 
$
20,489

Joint interest partners
18,938

 
 
7,238

Other
668

 
 
3,789

 
50,458

 
 
31,516

Less: Allowance for doubtful accounts
(2,362
)
 
 
(2,421
)
 
$
48,096

 
 
$
29,095



For the nine months ended September 30, 2017, two customers accounted for $85.9 million, or approximately 82%, of our consolidated product revenues. The revenues generated from these customers during the nine months ended September 30, 2017 were $72.6 million and $13.3 million, or 69% and 13% of the consolidated total, respectively. As of September 30, 2017, $14.6 million, or approximately 47%, of our consolidated accounts receivable from customers was related to these customers. For the nine months ended September 30, 2016, or combined Predecessor and Successor periods, three customers accounted for $93.5 million, or approximately 94%, of our consolidated product revenues. The revenues generated from these customers during the nine months ended September 30, 2016 were $64.1 million, $15.8 million and $13.6 million, or approximately 64%, 16% and 14% 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.