Revenue Recognition (Details 1) $ in Thousands |
6 Months Ended |
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Jun. 30, 2018
USD ($)
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Deferred Revenue, Beginning balance | $ 1,919 |
Deferral of revenue | 1,521 |
Recognition of deferred revenue | (929) |
Deferred Revenue, Ending balance | $ 2,511 |
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- Definition Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. No definition available.
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- Definition Amount of revenue recognized that was previously reported as deferred or unearned revenue. No definition available.
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- Definition The amount of previously reported deferred or unearned revenue that was recognized as revenue during the period. For cash flows, this element primarily pertains to amortization of deferred credits on long-term arrangements. As a noncash item, it is deducted from net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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