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Note 5 - Revenue Recognition
9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

(5)

REVENUE RECOGNITION

 

See Note 14 for revenue by segment and in total for the worldwide fleet.

 

Contract Balances

 

At September 30, 2022, we had $3.8 million of deferred mobilizations costs included within prepaid expenses and other current assets and $5.0 million of deferred mobilization costs included in other assets.

 

At September 30, 2022, we had $2.6 million of deferred mobilization revenue included within accrued expenses related to unsatisfied performance obligations that will be recognized during the remainder of 2022 and 2023. The amount of revenue recognized that relates to unsatisfied performance obligations for each of the nine-month periods ended September 30, 2022 and 2021, was $0.4 million and $0.2 million, respectively.