General form of registration statement for all companies including face-amount certificate companies

Revenue Recognition (Tables)

v3.19.3.a.u2
Revenue Recognition (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]    
Schedule of Revenue Disaggregated by Source
Revenue is disaggregated by source of revenue as follows (in thousands):
 
Successor Company
 
 
Predecessor Company
 
Period from September 1, 2019 through September 30,
 
 
Period from July 1, 2019 through August 31,
 
Three Months Ended September 30,
 
2019
 
 
2019
 
2018
Alarm monitoring revenue
$
33,594

 
 
$
78,608

 
125,004

Product and installation revenue
2,224

 
 
4,993

 
11,360

Other revenue
471

 
 
988

 
792

Total Net revenue
$
36,289

 
 
$
84,589

 
137,156



 
Successor Company
 
 
Predecessor Company
 
Period from September 1, 2019 through September 30,
 
 
Period from January 1, 2019 through August 31,
 
Nine Months Ended September 30,
 
2019
 
 
2019
 
2018
Alarm monitoring revenue
$
33,594

 
 
$
319,172

 
374,689

Product and installation revenue
2,224

 
 
19,111

 
28,984

Other revenue
471

 
 
4,003

 
2,249

Total Net revenue
$
36,289

 
 
$
342,286

 
405,922

Revenue is disaggregated by source of revenue as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Alarm monitoring revenue
$
498,236

 
537,399

 
552,590

Product and installation revenue
38,455

 
12,308

 
13,264

Other revenue
3,667

 
3,748

 
4,518

Total Net revenue
$
540,358

 
553,455

 
570,372

Schedule of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in thousands):
 
Successor Company
 
Predecessor Company
 
September 30,
2019
 
December 31,
2018
Trade receivables, net
$
12,105

 
13,121

Contract assets, net - current portion (a)
10,952

 
13,452

Contract assets, net - long-term portion (b)
12,600

 
16,154

Deferred revenue
13,309

 
13,060

 
(a)        Amount is included in Prepaid and other current assets in the unaudited condensed consolidated balance sheets.
(b)        Amount is included in Other assets in the unaudited condensed consolidated balance sheets.
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in thousands):
 
December 31, 2018
 
At adoption
Trade receivables, net
$
13,121

 
12,645

Contract assets, net - current portion (a)
13,452

 
14,197

Contract assets, net - long-term portion (b)
16,154

 
10,377

Deferred revenue
13,060

 
12,892

 
(a)        Amount is included in Prepaid and other current assets in the consolidated balance sheets.
(b)        Amount is included in Other assets in the consolidated balance sheets.