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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of fair value of long-term debt, including current maturities, and advances for construction
Advances for construction fair values were estimated using broker quotes from companies that frequently purchase these investments.
 
December 31, 2016
 
 
 
Fair Value
 
Cost
 
Level 1
 
Level 2
 
Level 3
 
Total
Long-term debt, including current maturities
$
557,953

 


 
$
630,510

 


 
$
630,510

Advances for construction
182,448

 


 
74,460

 


 
74,460

Total
$
740,401

 
$

 
$
704,970

 
$

 
$
704,970

 
December 31, 2015
 
 
 
Fair Value
 
Cost
 
Level 1
 
Level 2
 
Level 3
 
Total
Long-term debt, including current maturities
$
514,045

 
$

 
$
600,440

 
$

 
$
600,440

Advances for construction
180,172

 

 
72,866

 

 
72,866

Total
$
694,217

 
$

 
$
673,306

 
$

 
$
673,306