Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Disaggregation of Revenue

The following table disaggregates the Company’s operating revenue by source for the three months ended March 31, 2026 and 2025:

	Three Months Ended March 31,
	2026		2025
Revenue from contracts with customers	$	197,334	$	182,701
Regulatory balancing account revenue	17,239		21,272
Total operating revenue	$	214,573	$	203,973

In the following table, revenue from contracts with customers is disaggregated by class of customers for the three months ended March 31, 2026 and 2025:

	Three Months Ended March 31,
	2026		2025
Residential	$	108,891	$	105,433
Business	41,920		40,548
Multiple residential	20,600		19,203
Industrial	5,951		6,405
Public authorities	9,429		9,245
Other (a)	10,543		1,867
Total revenue from contracts with customers	$	197,334	$	182,701

(a) Other includes changes to accrued and unbilled revenue.

The following table disaggregates the Company’s non-regulated revenue by source for the three months ended March 31, 2026 and 2025:

	Three Months Ended March 31,
	2026		2025
Contract operating and maintenance revenue	$	3,385	$	3,267
Other non-regulated revenue	1,250		1,248
Non-regulated revenue from contracts with customers	4,635		4,515
Lease revenue	586		566
Total non-regulated revenue	$	5,221	$	5,081

Schedule of Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses for the three months ended March 31, 2026 and twelve months ended December 31, 2025:

	March 31, 2026		December 31, 2025
Beginning balance	$	3,322	$	4,128
Provision for credit loss expense	773		3,910
Write-offs	(1,264)		(5,281)
Recoveries	128		565
Total ending allowance balance	$	2,959	$	3,322

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents, and restricted cash within the unaudited Condensed Consolidated Balance Sheets that total to the amounts shown on the unaudited Condensed Consolidated Statements of Cash Flows (see Note 9 of the Notes to Unaudited Condensed Consolidated Financial Statements on restricted cash):

	March 31, 2026		December 31, 2025
Cash and cash equivalents	$	58,102	$	51,820
Restricted cash	45,642		45,553
Total cash, cash equivalents, and restricted cash	$	103,744	$	97,373