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Accounts Receivable and Unbilled Accounts Receivable | 6 Months Ended
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Jun. 30, 2014
Accounts Receivable and Unbilled Accounts Receivable [Abstract] |
Accounts Receivable and Unbilled Account Receivables [Text Block] |
5. | Accounts Receivable and Unbilled Accounts Receivable
Accounts receivable consist of the following for each of the periods presented below:
|  | JUNE 30, |  | DECEMBER 31, |
|  | 2014 |  | 2013 |
|  | (Unaudited) |
Commercial |  | $ | 3,421,872 |  | $ | 2,782,179 |
Government |  |  | 2,785,194 |  |  | 4,860,259 |
Gross accounts receivable |  |  | 6,207,066 |  |  | 7,642,438 |
Less: allowances for doubtful accounts |  |  | (29,794) |  |  | (30,038) |
Accounts receivable, net |  | $ | 6,177,272 |  | $ | 7,612,400 |
Unbilled accounts receivable consist of the following for each of the periods presented below:
|  | JUNE 30, |  | DECEMBER 31, |
|  | 2014 |  | 2013 |
|  | (Unaudited) |
Commercial |  | $ | 452,672 |  | $ | 435,230 |
Government |  |  | 2,407,339 |  |  | 1,125,800 |
Unbilled accounts receivable |  | $ | 2,860,011 |  | $ | 1,561,030 |
Customers representing ten percent or more of consolidated revenues are set forth in the table below for each of the periods presented:
|  | THREE MONTHS ENDED |  |  | SIX MONTHS ENDED |
|  | JUNE 30, |  |  | JUNE 30, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
|  | As a % of |  |  | As a % of |  |  | As a % of |  |  | As a % of |
Customer Name |  | Revenues |  |  | Revenues |  |  | Revenues |  |  | Revenues |
|  | (Unaudited) |  |  | (Unaudited) |
Transportation Security Administration |  |  | 17 | % |  |  | 20 | % |  |  | 20 | % |  |  | 19 | %
Department of Homeland Security |  |  | 19 | % |  |  | 18 | % |  |  | 19 | % |  |  | 18 | %
Lockheed Martin |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 11 | %
Customers representing ten percent or more of consolidated trade accounts receivable are set forth in the table below for each of the periods presented:
|  | JUNE 30, |  |  | DECEMBER 31, |
|  | 2014 |  |  | 2013 |
|  | As a % of |  |  | As a % of |
Customer Name |  | Receivables |  |  | Receivables |
|  | (Unaudited) |
Transportation Security Administration (“TSA”) |  |  | 11 | % |  |  | 19 | %
Department of Homeland Security (“DHS”) |  |  | 11 | % |  |  | 8 | %
US Airforce |  |  | — |  |  |  | 14 | %

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- Details
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- Definition Composition of accounts receivable arising from commercial and government customers. + References No definition available. + Details
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Namespace Prefix: | wyy_
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