Quarterly report pursuant to Section 13 or 15(d)

Transportation and Distribution Revenue (Tables)

v3.19.3
Transportation and Distribution Revenue (Tables)
 9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability
The table below summarizes the Company's contract liability balance related to its transportation and distribution revenue contracts as of September 30, 2019:
 
Contract Liability(1)
Beginning Balance January 1, 2019
$
6,522,354

Unrecognized Performance Obligations
381,858

Recognized Performance Obligations
(413,389
)
Ending Balance September 30, 2019
$
6,490,823

(1) The contract liability balance is included in unearned revenue in the Consolidated Balance Sheets.
Schedules of Concentration of Risk
The following is a breakout of the Company's transportation and distribution revenue for the three and nine months ended September 30, 2019 and 2018:
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
Natural gas transportation contracts
52.7
%
 
60.3
%
 
57.5
%
 
64.2
%
Natural gas distribution contracts
39.2
%
 
24.8
%
 
36.2
%
 
26.1
%