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Contracts in Progress | 12 Months Ended
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Dec. 31, 2011
Contracts in Progress [Abstract] |
Contracts in Progress |
| 9. | Contracts in Progress
Costs and estimated earnings on contracts in progress for the year ending December 31, 2011 and 2010 are summarized in the table below (in thousands):
|  | December 31, |
|  | 2011 |  |  | 2010 |
Costs incurred on uncompleted contracts |  | $ | 3,193 |  |  | $ | 9,912 |
Estimated earnings |  |  | 855 |  |  |  | 3,138 |
Total revenues |  |  | 4,048 |  |  |  | 13,050 |
Less: billings to date |  |  | 4,031 |  |  |  | 13,325 |
Total |  | $ | 17 |  |  | $ | (275 | )
Balance sheet classification: |  |  |  |  |  |  |  |
Costs in excess of billings on uncompleted contracts |  | $ | 171 |  |  | $ | 22 |
Billings in excess of costs on uncompleted contracts |  |  | (154 | ) |  |  | (297 | )
Total |  | $ | 17 |  |  | $ | (275 | )

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