LONG-TERM DEBT

12 Months Ended

Dec. 31, 2012

LONG-TERM DEBT.

LONG-TERM DEBT

8 LONG-TERM DEBT

        As of December 31, 2012 and 2011, long-term debt outstanding was:

	Series	Interest Rate	Maturity Date		2012		2011
First Mortgage Bonds	PPP	5.500%		2040	$	100,000	$	100,000
	LL	5.875%		2019		100,000		100,000
	AAA	7.280%		2025		20,000		20,000
	BBB	6.770%		2028		20,000		20,000
	CCC	8.150%		2030		20,000		20,000
	DDD	7.130%		2031		20,000		20,000
	EEE	7.110%		2032		20,000		20,000
	FFF	5.900%		2017		20,000		20,000
	GGG	5.290%		2022		18,182		20,000
	HHH	5.290%		2022		18,182		20,000
	III	5.540%		2023		10,000		10,000
	JJJ	5.440%		2018		5,455		6,364
	LLL	5.480%		2018		10,000		10,000
	MMM	5.520%		2013		20,000		20,000
	NNN	5.550%		2013		20,000		20,000
	OOO	6.020%		2031		20,000		20,000
	CC	9.860%		2020		17,400		17,500
	K	6.940%		2012		—		800
Total First Mortgage Bonds						459,219		464,664
California Department of Water Resources Loans		2.6% to 8%		2012 - 32		8,451		8,780
Other Long-term debt						13,580		14,721
Total long-term debt						481,250		488,165
Less current maturities						46,783		6,533
Long-term debt excluding current maturities					$	434,467	$	481,632

        On October 4, 2011, Cal Water entered into a new capital lease arrangement with the City of Hawthorne to operate the City's water system for a 15-year period. The $9.2 million capital lease liability is included in other long-term debt and current maturities set forth above.

        On November 17, 2010, Cal Water completed the sale and issuance of $100 million aggregate principal amount of its 5.50% First Mortgage Bonds PPP due 2040, which are fully and unconditionally guaranteed by the Company.