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OTHER DEFERRED CREDITS AND OTHER LIABILITIES
 6 Months Ended
Jun. 30, 2024
Deferred Credits and Other Liabilities [Abstract]  
OTHER DEFERRED CREDITS AND OTHER LIABILITIES OTHER DEFERRED CREDITS AND OTHER LIABILITIES
The following other deferred credits and other liabilities are reflected on our consolidated statements of financial position (dollars in thousands):
June 30,
2024		December 31,
2023
Transmission easements$17,949 $17,862 
OATT deposits38,059 27,872 
Financial liabilities - reclamation12,564 16,895 
Customer deposits13,251 12,091 
Contract liabilities (unearned revenue) - noncurrent2,871 3,125 
Operating lease liabilities - noncurrent5,461 1,396 
Other4,468 4,884 
Total other deferred credits and other liabilities$94,623 $84,125 
In 2015, we renewed transmission right-of-way easements on tribal nation lands where certain of our electric transmission lines are located. $26.1 million will be paid by us for these easements from 2024 through the individual easement terms ending between 2035 and 2047. The present values for the remaining easement payments were $17.9 million as of June 30, 2024 and December 31, 2023 which are recorded as other deferred credits and other liabilities.
OATT deposits represent refundable transmission customer deposits related to interconnection and transmission requests from third parties. An OATT deposit is refundable should the interconnection or transmission request not move forward.
Financial liabilities - reclamation represent financial obligations that we have for our share of reclamation costs at jointly owned facilities in which we have undivided interests in.
A lease liability represents a lessee’s obligation to make lease payments over the lease term. The long-term portion of our lease liabilities are included in other deferred credits and other liabilities and the current portion of our lease liabilities are included in current liabilities. See Note 15 – Leases.
A contract liability represents an entity’s obligation to transfer goods or services to a customer for which the entity has received consideration from the customer. We have received deposits from others and these deposits are reflected in contract liabilities (unearned revenue) until recognized in other operating revenues over the life of the agreement. We have received deposits from various parties and those that may still be required to be returned are a liability and these are reflected in customer deposits.