Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
ASC 606 Revenue Recognition and Significant Accounting Policies Disclosures (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Electrical construction operations (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southeast

 

$

21,256,509

 

 

$

15,478,325

 

 

$

40,632,697

 

 

$

34,829,199

 

mid-Atlantic

 

 

13,728,865

 

 

 

17,415,258

 

 

 

24,143,910

 

 

 

29,468,961

 

Texas-Southwest

 

 

10,854,807

 

 

 

5,882,764

 

 

 

23,344,986

 

 

 

15,423,685

 

Other electrical construction (2)

 

 

832,437

 

 

 

428,021

 

 

 

1,616,417

 

 

 

869,842

 

Total electrical construction operations

 

 

46,672,618

 

 

 

39,204,368

 

 

 

89,738,010

 

 

 

80,591,687

 

Real estate development operations

 

 

1,111,547

 

 

 

5,175,851

 

 

 

2,885,663

 

 

 

11,268,788

 

Total revenue

 

$

47,784,165

 

 

$

44,380,219

 

 

$

92,623,673

 

 

$

91,860,475

 

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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.