Quarterly report pursuant to Section 13 or 15(d)

TRADE RECEIVABLES

TRADE RECEIVABLES

3 Months Ended

Mar. 31, 2015

3. TRADE RECEIVABLES

Trade receivables, net, consisted of the following:

	March 31, 2015			December 31, 2014
	(thousands of dollars)
Trade receivables	$	25,718		$	28,481
Less allowance for doubtful accounts		(210	)		(210	)
Trade receivables, net	$	25,508		$	28,271

Trade receivables serves as collateral for our amended and restated loan agreement (see Note 8).

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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