CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
REVENUES:
Water services	$ 16,143	$ 15,344
Wastewater and recycled water services	19,263	17,654
Unregulated revenues	65	2,517
Total revenues	35,471	35,515
OPERATING EXPENSES:
Operations and maintenance	7,237	6,630
Operations and maintenance - related party	1,678	1,599
General and administrative	11,242	10,548
Depreciation and amortization	8,353	7,469
Total operating expenses	28,510	26,246
OPERATING INCOME	6,961	9,269
OTHER INCOME (EXPENSE):
Interest income	203	101
Interest expense	(5,388)	(5,255)
Other	1,309	592
Other - related party	301	178
Total other expense	(3,575)	(4,384)
INCOME BEFORE INCOME TAXES	3,386	4,885
INCOME TAX EXPENSE	(1,162)	(1,782)
NET INCOME	$ 2,224	$ 3,103
Basic earnings per common share	$ 0.10	$ 0.15
Diluted earnings per common share	0.10	0.15
Dividends declared per common share	$ 0.29	$ 0.28
Weighted average number of common shares used in the determination of:
Basic	21,516,620	20,468,509
Diluted	21,531,594	20,507,437