Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition

v3.20.1
Revenue Recognition
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue

Revenue is disaggregated by source of revenue as follows (in thousands):
Successor Company Predecessor Company
Three Months Ended March 31, Three Months Ended March 31,
2020 2019
Alarm monitoring revenue $ 110,808    $ 121,479   
Product, installation and service revenue 10,496    6,534   
Other revenue 1,271    1,593   
Total Net revenue $ 122,575    $ 129,606   
Contract Balances

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in thousands):
March 31,
2020
December 31,
2019
Trade receivables, net $ 10,808    $ 12,083   
Contract assets, net - current portion (a) $ 11,639    $ 12,070   
Contract assets, net - long-term portion (b) $ 14,584    $ 14,852   
Deferred revenue $ 11,815    $ 12,008   

(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.