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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenues      
Member electric sales $ 1,134,781 $ 1,125,699 $ 1,101,471
Non-member electric sales 132,208 120,234 197,497
Other 86,989 89,515 96,123
Total revenues 1,353,978 1,335,448 1,395,091
Operating expenses      
Purchased power 341,289 305,045 327,445
Fuel 235,645 231,537 293,033
Production 218,008 235,398 229,933
Transmission 156,713 153,443 145,396
General and administrative 26,320 24,708 28,591
Depreciation, amortization, and depletion 173,969 152,718 128,712
Coal mining 36,929 36,130 40,849
Other 18,099 18,500 19,255
Operating expenses 1,206,972 1,157,479 1,213,214
Operating margins 147,006 177,969 181,877
Other income      
Interest Income 4,368 4,355 11,076
Capital credits from cooperatives 20,349 9,189 8,684
Other income 3,934 3,981 3,573
Total other income 28,651 17,525 23,333
Interest expense, net of amounts capitalized 144,877 142,570 142,357
Income taxes (1,417) 0 0
Net margins including noncontrolling interest 32,197 52,924 62,853
Net (income) loss attributable to noncontrolling interest (449) 489 1,383
Net margins attributable to the Association $ 31,748 $ 53,413 $ 64,236