Annual report pursuant to Section 13 and 15(d)

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

v3.19.1
ASC 606 Revenue Recognition and Significant Accounting Policies Disclosures (Tables)
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table disaggregates the Company’s revenue for the years ended December 31 as indicated:
 
 
2018
 
2017
Electrical construction operations (1)
 
 
 
 
Southeast
 
$
54,123,848

 
$
56,268,413

mid-Atlantic
 
41,071,994

 
29,289,385

Texas-Southwest
 
33,825,666

 
15,046,719

Other electrical construction (2)
 
7,505,003

 
8,549,959

Total
 
136,526,511

 
109,154,476

Real estate development
 
1,622,331

 
4,799,043

Total revenue
 
$
138,148,842

 
$
113,953,519

___________________________
 
 
 
 
(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.