Quarterly report pursuant to Section 13 or 15(d)

TRADE RECEIVABLES

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TRADE RECEIVABLES
6 Months Ended
Jun. 30, 2017
TRADE RECEIVABLES [Abstract]  
TRADE RECEIVABLES
3. TRADE RECEIVABLES

Trade receivables, net, consisted of the following:

   
June 30, 2017
   
December 31, 2016
 
   
(thousands of dollars)
 
Trade receivables
 
$
25,332
   
$
22,493
 
Less allowance for doubtful accounts
   
(300
)
   
(300
)
    Trade receivables, net
 
$
25,032
   
$
22,193
 

Trade receivables serves as collateral for our amended and restated credit agreement. See Note 9.