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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block] The following table displays our revenue by major source based on product and service type for the three months ended June 30, 2023 and 2022:
Three Months Ended June 30, 2023Three Months Ended June 30, 2022
(in thousands)Regulated EnergyUnregulated EnergyOther and EliminationsTotalRegulated EnergyUnregulated EnergyOther and EliminationsTotal
Energy distribution
Delaware natural gas division$14,109 $ $ $14,109 $13,086 $— $— $13,086 
Florida natural gas distribution (1)
40,766   40,766 35,436 — — 35,436 
FPU electric distribution23,034   23,034 20,305 — — 20,305 
Maryland natural gas division 4,622   4,622 4,372 — — 4,372 
Sandpiper natural gas/propane operations4,079   4,079 4,248 — — 4,248 
Elkton Gas1,303   1,303 1,705 — — 1,705 
Total energy distribution87,913   87,913 79,152 — — 79,152 
Energy transmission
Aspire Energy 5,726  5,726 — 10,808 — 10,808 
Aspire Energy Express369   369 369 — — 369 
Eastern Shore19,632   19,632 18,875 — — 18,875 
Peninsula Pipeline7,593   7,593 6,777 — — 6,777 
Total energy transmission27,594 5,726  33,320 26,021 10,808 — 36,829 
Energy generation
Eight Flags 4,532  4,532 — 5,916 — 5,916 
Propane operations
Propane delivery operations 27,315  27,315 — 34,469 — 34,469 
Compressed Natural Gas Services
Marlin Gas Services 3,238  3,238 — 2,380 — 2,380 
Other and eliminations
Eliminations(14,366)(60)(6,344)(20,770)(12,980)(110)(6,271)(19,361)
Other  45 45 — — 85 85 
Total other and eliminations(14,366)(60)(6,299)(20,725)(12,980)(110)(6,186)(19,276)
Total operating revenues (2)
$101,141 $40,751 $(6,299)$135,593 $92,193 $53,463 $(6,186)$139,470 
(1) In accordance with the Florida PSC approval of our natural gas base rate proceeding, effective March 1, 2023, our natural gas distribution businesses in Florida (FPU, FPU-Indiantown division, FPU-Fort Meade division and Chesapeake Utilities' CFG division, collectively, “Florida natural gas distribution businesses”) have been consolidated for rate-making purposes and amounts above are now being presented on a consolidated basis consistent with the final rate order.
(2) Total operating revenues for the three months ended June 30, 2023 include other revenue (revenues from sources other than contracts with customers) of $0.2 million and $0.1 million for our Regulated and Unregulated Energy segments, respectively and $(0.1) million and $0.1 million for our Regulated and Unregulated Energy segments, respectively, for the three months ended June 30, 2022. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper Energy and late fees.
The following table displays our revenue by major source based on product and service type for the six months ended June 30, 2023 and 2022:


Six Months Ended June 30, 2023Six Months Ended June 30, 2022
(in thousands)Regulated EnergyUnregulated EnergyOther and EliminationsTotalRegulated EnergyUnregulated EnergyOther and EliminationsTotal
Energy distribution
Delaware natural gas division$51,016 $ $ $51,016 $47,568 $— $— $47,568 
Florida natural gas distribution (1)
87,124   87,124 75,722 — — 75,722 
FPU electric distribution45,771   45,771 39,394 — — 39,394 
Maryland natural gas division 16,884   16,884 14,836 — — 14,836 
Sandpiper natural gas/propane operations11,161   11,161 11,885 — — 11,885 
Elkton Gas5,444   5,444 5,071 — — 5,071 
Total energy distribution217,400   217,400 194,476 — — 194,476 
Energy transmission
Aspire Energy 19,680  19,680 — 28,844 — 28,844 
Aspire Energy Express733   733 632 — — 632 
Eastern Shore40,302   40,302 39,196 — — 39,196 
Peninsula Pipeline14,504   14,504 13,549 — — 13,549 
Total energy transmission55,539 19,680  75,219 53,377 28,844 — 82,221 
Energy generation
Eight Flags 9,832  9,832 — 11,455 — 11,455 
Propane operations
Propane delivery operations 87,295  87,295 — 110,075 — 110,075 
Compressed Natural Gas Services
Marlin Gas Services 7,238  7,238 — 4,589 — 4,589 
Other and eliminations
Eliminations(29,528)(129)(13,696)(43,353)(27,769)(207)(12,706)(40,682)
Other  91 91 — — 216 216 
Total other and eliminations(29,528)(129)(13,605)(43,262)(27,769)(207)(12,490)(40,466)
Total operating revenues (2)
$243,411 $123,916 $(13,605)$353,722 $220,084 $154,756 $(12,490)$362,350 
(1) In accordance with the Florida PSC approval of our natural gas base rate proceeding, effective March 1, 2023, our natural gas distribution businesses in Florida (FPU, FPU-Indiantown division, FPU-Fort Meade division and Chesapeake Utilities' CFG division, collectively, “Florida natural gas distribution businesses”) have been consolidated for rate-making purposes and amounts above are now being presented on a consolidated basis consistent with the final rate order.
(2) Total operating revenues for the six months ended June 30, 2023 include other revenue (revenues from sources other than contracts with customers) of $0.8 million and $0.2 million for our Regulated and Unregulated Energy segments, respectively and $0.1 million and $0.2 million for our Regulated and Unregulated Energy segments, respectively, for the six months ended June 30, 2022. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper Energy and late fees.
Contract with Customer, Asset and Liability [Table Text Block] The balances of our trade receivables, contract assets, and contract liabilities as of June 30, 2023 and December 31, 2022 were as follows:
Trade ReceivablesContract Assets (Current)Contract Assets (Non-current)Contract Liabilities (Current)
(in thousands)
Balance at 12/31/2022$61,687 $18 $4,321 $983 
Balance at 6/30/2023
41,140 18 3,787 594 
Decrease$(20,547)$— $(534)$(389)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] Revenue for these businesses for the remaining performance obligations, at June 30, 2023, are expected to be recognized as follows:
(in thousands)2023202420252026202720282029 and thereafter
Eastern Shore and Peninsula Pipeline$19,613 $37,006 $30,613 $27,138 $24,163 $23,398 $188,498 
Natural gas distribution operations3,967 7,744 7,297 7,066 6,470 5,154 28,371 
FPU electric distribution326 652 275 275 275 275 — 
Total revenue contracts with remaining performance obligations$23,906 $45,402 $38,185 $34,479 $30,908 $28,827 $216,869