Quarterly report pursuant to Section 13 or 15(d)

ASC 606 Revenue Recognition and Significant Accounting Policies Disclosures (Tables)

v3.20.1
ASC 606 Revenue Recognition and Significant Accounting Policies Disclosures (Tables)
3 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

The following table disaggregates the Company’s revenue for the dates indicated:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Electrical construction operations (1)

 

 

 

 

 

 

 

 

Southeast

 

$

19,376,187

 

 

$

19,350,874

 

mid-Atlantic

 

 

10,415,045

 

 

 

12,053,703

 

Texas-Southwest

 

 

12,490,180

 

 

 

9,540,921

 

Other electrical construction (2)

 

 

783,980

 

 

 

441,820

 

Total electrical construction operations

 

 

43,065,392

 

 

 

41,387,318

 

Real estate development operations

 

 

1,774,116

 

 

 

6,092,938

 

Total revenue

 

$

44,839,508

 

 

$

47,480,256

 

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(1) Principal electrical construction operations include revenue from transmission lines, distribution systems, substations and drilled pier foundations.

 

(2) Other electrical construction includes revenue from storm work, fiber optics and other miscellaneous electrical construction items.