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COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables) | 12 Months Ended
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Dec. 31, 2012
Information with Respect to Uncompleted Contracts | Information with respect to uncompleted contracts as of December 31 is as follows (in thousands):
|  | 2012 |  |  | 2011 |
Costs incurred on uncompleted contracts |  | $ | 659,422 |  |  | $ | 271,397 |
Estimated profit earned to date |  |  | 21,883 |  |  |  | 23,769 |
|  |  | 681,305 |  |  |  | 295,166 |
Less billings to date |  |  | 683,486 |  |  |  | 331,547 |
|  | $ | (2,181 | ) |  | $ | (36,381 | )
Uncompleted Contracts Included in Accompanying Consolidated Balance Sheets | The above amounts are included in the accompanying consolidated balance sheets at December 31 under the following captions (in thousands):
|  | 2012 |  |  | 2011 |
Costs and estimated earnings in excess of billings on uncompleted contracts |  | $ | 26,317 |  |  | $ | 12,982 |
Billings in excess of costs and estimated earnings on uncompleted contracts |  |  | (28,498 | ) |  |  | (49,363 | )
|  | $ | (2,181 | ) |  | $ | (36,381 | )

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