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Revenues (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following is a summary of unbilled retail installment contract receivables, net, recognized in the Condensed Consolidated Balance Sheets as of the periods presented below:

(in thousands)																		June 30, 2020						January 1, 2020(1)
Retail installment contract receivables, gross																		$	73,279					$	9,971
Allowance for credit losses																		(7,160)						(228)
Retail installment contract receivables, net																		$	66,119					$	9,743
Classification:
Accounts receivable, net																		$	26,542					$	5,867
Other assets																		39,577						3,876
Retail installment contract receivables, net																		$	66,119					$	9,743

________________

(1)Balances reflected are subsequent to the adoption of CECL on January 1, 2020.

Disaggregation of Revenue

The following table sets forth the Company’s revenue disaggregated by source:

						For the Three Months Ended																		For the Six Months Ended
(in thousands)						June 30, 2020						June 30, 2019						June 30, 2020						June 30, 2019
Monitoring and related services						$	1,041,379					$	1,085,422					$	2,087,336					$	2,155,837
Installation and other						290,008						198,322						613,803						370,967
Total revenue						$	1,331,387					$	1,283,744					$	2,701,139					$	2,526,804

Accounts Receivable, Allowance for Credit Loss [Table Text Block]

The changes in the allowance for credit losses during the six months ended June 30, 2020 were as follows:

(in thousands)
Balance as of January 1, 2020(1)						$	42,960
Provision for bad debt expense						50,506
Write-offs, net of recoveries(2)						(34,425)
Balance as of June 30, 2020						$	59,041

________________

(1)Balance reflected is subsequent to the adoption of CECL on January 1, 2020.

(2)The amount of recoveries was not material for the period presented, as such, the Company presented write-offs, net of recoveries.

Contract with Customer, Asset and Liability [Table Text Block]

The following is a summary of contract assets, net, related to residential transactions recognized in the Condensed Consolidated Balance Sheets as of the periods presented below:

(in thousands)																		June 30, 2020						January 1, 2020(1)
Contract assets, gross																		$	134,203					$	24,411
Allowance for credit losses																		(25,016)						(3,228)
Contract assets, net																		$	109,187					$	21,183
Classification:
Prepaid expenses and other current assets																		$	43,445					$	9,036
Other assets																		65,742						12,147
Contract assets, net																		$	109,187					$	21,183

________________

(1)Balances reflected are subsequent to the adoption of CECL on January 1, 2020.

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447

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- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

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No definition available.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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