REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2015

Net 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 year ended December 31, 2015:



(In thousands)	Total
Net regulatory liability as of December 31, 2014	$	(56,103	)
Net refund of 2013 revenue deferrals and accruals, including accrued interest	35,156
Net revenue accrual for the year ended December 31, 2015	19,876
Net accrued interest payable for the year ended December 31, 2015	(1,493		)
Net regulatory liability as of December 31, 2015	$	(2,564	)

Schedule of Regulatory Assets and Liabilities

Regulatory assets and liabilities associated with our Regulated Operating Subsidiaries’ formula rate revenue accruals and deferrals, including accrued interest, are recorded in the consolidated statements of financial position at December 31, 2015 as follows:



(In thousands)	Total
Current assets	$	14,736
Non-current assets	25,670
Current liabilities	(36,639		)
Non-current liabilities	(6,331		)
Net regulatory liability as of December 31, 2015	$	(2,564	)