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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Revenues    
Member electric sales $ 282,415 $ 271,769
Non-member electric sales 35,158 30,122
Other 20,856 21,571
Total revenues 338,429 323,462
Operating expenses    
Purchased power 76,419 71,035
Fuel 60,813 60,990
Production 49,561 50,982
Transmission 33,800 36,460
General and administrative 7,180 5,110
Depreciation, amortization, and depletion 46,672 38,903
Coal mining 8,176 8,273
Other 4,790 5,330
Operating expenses 287,411 277,083
Operating margins 51,018 46,379
Other income    
Interest 1,085 1,074
Capital credits from cooperatives 4,246 4,511
Membership withdrawal 2,500  
Other income 1,020 1,041
Total other income 8,851 6,626
Interest expense, net of amounts capitalized 36,349 35,420
Income tax expense (benefit) (302) 0
Net margins including noncontrolling interest 23,822 17,585
Net income attributable to noncontrolling interest (296) (52)
Net margins attributable to the Association $ 23,526 $ 17,533