Fair Value of Financial Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value of Financial Assets and Liabilities

Schedule of fair value of long-term debt, including current maturities, and advances for construction

	September 30, 2013
			Fair Value
	Cost		Level 1		Level 2		Level 3		Total
Money Market Investment	$	48,847	$	48,847					$	48,847
Total	$	48,847	$	48,847					$	48,847
Long -term debt, including current maturities	$	478,240	$	—	$	570,058	$	—	$	570,058
Advances for construction	184,879		—		71,242		—		71,242
Total	$	663,119	$	—	$	641,300	$	—	$	641,300

	December 31, 2012
			Fair Value
	Cost		Level 1		Level 2		Level 3		Total
Long -term debt, including current maturities	$	481,250	$	—	$	613,211	$	—	$	613,211
Advances for construction	187,584		—		70,914		—		70,914
Total	$	668,834	$	—	$	684,125	$	—	$	684,125