Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Credit Losses for Financing Receivables, Current

The following table sets forth the activity in the allowance for doubtful accounts for the years ended December 31, 2020 and 2019 (in thousands):

 

    Year Ended December 31,  
    2020     2019  
Allowance for doubtful accounts - beginning of year   $ 487     $ 105  
(Recovery of) provision for bad debt reserve     (101 )     386  
Recovery of write-off (write-off)     18       (4 )
Allowance for doubtful accounts - end of year   $ 404     $ 487  
Schedule of Capitalized Interest

The Company’s policy is to capitalize interest cost incurred on debt during the construction of projects for its use. A reconciliation of our total interest cost to “Interest Expense” as reported on our Consolidated Statements of Operations for 2020 and 2019 is as follows:

 

(Amounts in Thousands)   2020     2019  
Interest cost capitalized   $     $ 29  
Interest cost charged to expense     398       432  
Total interest   $ 398     $ 461