REGULATORY MATTERS (Tables)

9 Months Ended

Sep. 30, 2013

Regulated Operations [Abstract]

Changes in Regulatory Assets and Liabilities

The net changes in regulatory assets and liabilities associated with our Regulated Operating Subsidiaries’ formula rate revenue accruals and deferrals, including accrued interest, were as follows during the nine months ended September 30, 2013:

(in thousands)	Total
Balance as of December 31, 2012	$	(72,168	)
Net refund of 2011 revenue deferrals and accruals, including accrued interest	35,296
Net revenue deferral for the nine months ended September 30, 2013	(63,628		)
Net accrued interest payable for the nine months ended September 30, 2013	(2,037		)
Balance as of September 30, 2013	$	(102,537	)

Schedule of Regulatory Assets and Liabilities

Regulatory assets and liabilities associated with our Regulated Operating Subsidiaries’ formula rate revenue accruals and deferrals are recorded in our condensed consolidated statements of financial position as follows:

(in thousands)	Total
Current assets	$	6,620
Non-current assets — other	3,362
Current liabilities	(38,296		)
Non-current liabilities	(74,223		)
Balance as of September 30, 2013	$	(102,537	)