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Rates and Other Regulatory Activities Regulatory Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets $ 124,592 $ 78,551
Regulatory Liabilities 149,020 133,735
Self Insured Liabilities [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities [1] 533 873
Overrecovered Gas And Fuel Costs [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities 4,422 2,724
Storm Reserve [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities [1] 2,673 1,437
Accrued asset removal cost    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities [2] 45,315 36,767
Deferred Income Tax Due to Rate Change [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities [3] 90,845 89,191
Other Regulatory Liability [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities 1,541 75
Storm Cost Recovery, Interest    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Liabilities 3,353  
Underrecovered Gas And Fuel Costs [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [4] 2,078 5,144
Under-recovered GRIP Revenue [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [5] 278 0
Regulatory Liabilities [5] 338 2,668
Deferred Post Retirement Benefits [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [6] 17,716 16,311
Deferred Conversion And Development Costs [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [4] 23,054 20,881
Environmental Regulatory Assets And Expenditures [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [7] 1,743 2,241
Acquisition Adjustment [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [8] 28,755 30,329
Loss on Reacquired Debt [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets [9] 795 869
Other Regulatory Asset [Member]    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets 3,928 $ 2,776
COVID-19 Deferred Costs    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets 1,925  
Deferred Storm Costs    
Rates and Other Regulatory Activities [Line Items]    
Regulatory Assets 44,320  
Florida Public Utilities Company [Member]    
Rates and Other Regulatory Activities [Line Items]    
Business Acquisition Premium Paid 34,200  
Regulatory Liabilities 19,257  
Indiantown Gas Company    
Rates and Other Regulatory Activities [Line Items]    
Business Acquisition Premium Paid $ 700  
[1] We have storm reserves in our Florida regulated energy operations and self-insurance for our regulated energy operations that allow us to collect through rates amounts to be used against general claims, storm restoration costs and other losses as they are incurred.
[2] See Note 1, Summary of Significant Accounting Policies, for additional information on our asset removal cost policies.
[3] ) We recorded a regulatory liability for our regulated businesses related to the revaluation of accumulated deferred tax assets/liabilities as a result of the TCJA. The liability will be amortized over a period between 5 to 80 years based on the remaining life of the associated property. Based upon the regulatory proceedings, we will pass back the respective portion of the excess accumulated deferred taxes to rate payers. See Note 12, Income Taxes, for additional information.
[4] We are allowed to recover the asset or are required to pay the liability in rates. We do not earn an overall rate of return on these assets.
[5] The Florida PSC allowed us to recover through a surcharge, capital and other program-related-costs, inclusive of an appropriate return on investment, associated with accelerating the replacement of qualifying distribution mains and services (defined as any material other than coated steel or plastic) in FPU’s natural gas distribution, Fort Meade division and Chesapeake Utilities’ Central Florida Gas division. We are allowed to recover the asset or are required to pay the liability in rates related to GRIP.
[6] The Florida PSC allowed FPU to treat as a regulatory asset the portion of the unrecognized costs pursuant to ASC Topic 715, Compensation - Retirement Benefits, related to its regulated operations. This balance also includes the portion of pension settlement expense associated with the de-risking of the Chesapeake Pension Plan pursuant to an order from the FERC that allowed us to defer Eastern Shore's portion. See Note 17, Employee Benefit Plans, for additional information.
[7] All of our environmental expenditures incurred to date and our current estimate of future environmental expenditures have been approved by various PSCs for recovery. See Note 20, Environmental Commitments and Contingencies, for additional information on our environmental contingencies.
[8] We are allowed to include the premiums paid in various natural gas utility acquisitions in Florida in our rate bases and recover them over a specific time period pursuant to the Florida PSC approvals. We paid $34.2 million of the premium in 2009, including a gross up for income tax, because it is not tax deductible, and $0.7 million of the premium paid by FPU in 2010.
[9] Gains and losses resulting from the reacquisition of long-term debt are amortized over future periods as adjustments to interest expense in accordance with established regulatory practice.
(7) We deferred as regulatory assets the net incremental expense impact associated with the net expense impact of COVID-19 as authorized by the stated PSCs.
(8) The Florida PSC authorized us to recover regulatory assets (including interest) associated with the recovery of Hurricanes Michael and Dorian storm costs which will be amortized between 6 and 10 years. Recovery of these costs includes a component of an overall return on capital additions and regulatory assets.