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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating revenues    
Other $ 10,890 $ 14,256
Operating revenues 319,466 339,917
Operating expenses    
Purchased power 71,015 70,956
Fuel 61,069 85,149
Production 43,188 47,761
Transmission 41,540 39,142
General and administrative 16,215 10,813
Depreciation, amortization and depletion 47,024 38,145
Coal mining 2,734 3,596
Other 7,683 3,838
Operating expenses 290,468 299,400
Operating margins 28,998 40,517
Other income    
Interest 1,305 1,415
Capital credits from cooperatives 3,353 2,997
Other (250) 1,281
Total other income 4,408 5,693
Interest expense    
Interest 38,867 40,652
Interest charged during construction (1,961) (2,371)
Interest expense, net of amounts capitalized 36,906 38,281
Income tax benefit (209) (77)
Net margins including noncontrolling interest (3,291) 8,006
Net margin attributable to noncontrolling interest (1,319) (1,017)
Net margins attributable to the Association (4,610) 6,989
Member electric sales    
Operating revenues    
Operating revenues 292,763 298,931
Non-member electric sales    
Operating revenues    
Operating revenues $ 15,813 $ 26,730