Accounts Receivable and Revenues from Contracts with Customers
|9 Months Ended|
Sep. 30, 2019
|Accounts Receivable and Revenues from Contracts with Customers||Accounts Receivable and Revenues from Contracts with Customers
Accounts Receivable and Major Customers
The following table summarizes our accounts receivable by type as of the dates presented:
For the nine months ended September 30, 2019, four customers accounted for $261.4 million, or approximately 76%, of our consolidated product revenues. The revenues generated from these customers during the nine months ended September 30, 2019, were $127.1 million, $62.4 million, $37.3 million and $34.6 million, or 37%, 18%, 11% and 10% of the consolidated total, respectively. As of September 30, 2019 and December 31, 2018, $32.9 million and $37.3 million, or approximately 60% and 63%, 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. For the nine months ended September 30, 2018, three customers accounted for $254.5 million, or approximately 81%, of our consolidated product revenues. The allowance for doubtful accounts is entirely attributable to certain receivables from joint interest partners.
The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef