Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable and Revenues from Contracts with Customers

v3.19.3
Accounts Receivable and Revenues from Contracts with Customers
9 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
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:
 
September 30,
 
December 31,
 
2019
 
2018
Customers
$
54,987

 
$
59,030

Joint interest partners
6,703

 
6,404

Other
661

 
640

 
62,351

 
66,074

Less: Allowance for doubtful accounts
(51
)
 
(36
)
 
$
62,300

 
$
66,038



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.