XML 65 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Investments (Tables)
 12 Months Ended
Dec. 31, 2015
Investments Disclosure [Abstract]  
Equity Method, Available for Sale Securities, and Other Investments
MGE EnergyMGE
(In thousands)2015201420152014
Available for sale securities:
Cost basis$2,225$1,964$480$489
Gross unrealized gains59976540240
Gross unrealized losses(2)-(2)-
Fair value2,8222,729518729
Equity method investments:
ATC69,46667,67369,46667,673
Other1,1841,199--
Total equity method investments70,65068,87269,46667,673
Other investments159159--
Total$73,631$71,760$69,984$68,402

During the years ended December 31, 2015, 2014, and 2013, certain investments were liquidated. As a result of these liquidations, MGE Energy and MGE received the following:

MGE EnergyMGE
(In thousands)201520142013201520142013
Cash proceeds$19$38$39$19$-$16
Gain (loss) on sale1021210-(3)
ATC's Summarized Financial Data

For the years ended December 31, 2015, 2014, and 2013, MGE Transco recorded the following:

(In thousands)201520142013
Equity in earnings from investment in ATC$7,728$9,150$9,434
Dividends received from ATC6,6457,7407,404
Capital contributions to ATC7101,7751,420

ATC's summarized financial data for the years ended December 31, 2015, 2014, and 2013 is as follows:

(In thousands)
Income statement data for the year ended December 31,201520142013
Operating revenues$615,836$635,033$626,336
Operating expenses(319,321)(307,451)(295,069)
Other income1,176117831
Interest expense, net(97,250)(88,970)(84,484)
Earnings before members' income taxes$200,441$238,729$247,614
Balance sheet data as of December 31,201520142013
Current assets$80,520$66,410$80,715
Noncurrent assets3,957,5763,728,6753,509,517
Total assets$4,038,096$3,795,085$3,590,232
Current liabilities$330,248$313,065$381,467
Long-term debt1,800,0291,701,0001,550,000
Other noncurrent liabilities244,991163,818126,167
Members' equity1,662,8281,617,2021,532,598
Total members' equity and liabilities$4,038,096$3,795,085$3,590,232