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COSTS AND ESTIMATED PROFITS ON UNCOMPLETED CONTRACTS (Tables) | 12 Months Ended
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Dec. 31, 2016
COSTS AND ESTIMATED PROFITS ON UNCOMPLETED CONTRACTS [Abstract] |
Schedule of Costs and Estimated Profits on Uncompleted Contracts | Costs and estimated profits on uncompleted contracts and related amounts billed for 2016 and 2015 were as follows (in thousands):
|  | December 31, |
|  | 2016 |  |  | 2015 |
Costs incurred on uncompleted contracts |  | $ | 25,214 |  |  | $ | 34,400 |
Estimated earnings, thereon |  |  | 6,274 |  |  |  | 13,119 |
Total |  |  | 31,488 |  |  |  | 47,519 |
Less: billings to date |  |  | 15,864 |  |  |  | 33,422 |
Net |  | $ | 15,624 |  |  | $ | 14,097 |
Schedule of Costs and Estimated Earnings on Uncompleted Contracts Included in Balance Sheet | Such amounts were included in the accompanying Consolidated Balance Sheets for 2016 and 2015 under the following captions (in thousands):
|  | December 31, |
|  | 2016 |  |  | 2015 |
Costs and estimated profits in excess of billings on uncompleted contracts |  | $ | 18,421 |  |  | $ | 22,045 |
Billings in excess of costs and estimated profits on uncompleted contracts |  |  | (2,813 | ) |  |  | (8,021 | )
Translation adjustment |  |  | 16 |  |  |  | 73 |
Net |  | $ | 15,624 |  |  | $ | 14,097 |

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- Definition Costs and estimated earnings on uncompleted contracts. + References No definition available. + Details
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