Segment Reporting

12 Months Ended

Dec. 31, 2012

Notes To Financial Statements [Abstract]

Segment Reporting

NOTE 14: SEGMENT REPORTING

Our Company operates principally in three segments: water activities, real estate transactions, and services and rentals.  The water segment is comprised of our core regulated water activities to supply water to our customers.  Our real estate transactions segment involves selling or donating for income tax benefits our limited excess real estate holdings.  Our services and rentals segment provides services on a contract basis and also leases certain of our properties to third parties.  The accounting policies of each reportable segment are the same as those described in the summary of significant accounting policies.

Financial data for reportable segments is as follows:

(in thousands)	Revenues		Depreciation		Other Operating Expenses		Other Income (Deductions)			Interest Expense (net of AFUDC)			Income Taxes			Net Income (Loss)
For the year ended December 31, 2012
Water Activities	$	85,325	$	9,782	$	48,153	$	(1,760	)	$	8,343		$	6,022		$	11,265
Real Estate Transactions	1,450		—		119		—			—			380			951
Services and Rentals	5,786		7		3,439		—			(13		)	929			1,424
Total	$	92,561	$	9,789	$	51,711	$	(1,760	)	$	8,330		$	7,331		$	13,640
For the year ended December 31, 2011
Water Activities	$	70,892	$	7,773	$	39,211	$	(1,148	)	$	5,486		$	7,151		$	10,123
Real Estate Transactions	—		—		—		—			—			(176		)	176
Services and Rentals	4,682		7		3,014		—			(41		)	701			1,001
Total	$	75,574	$	7,780	$	42,225	$	(1,148	)	$	5,445		$	7,676		$	11,300
For the year ended December 31, 2010
Water Activities	$	67,753	$	7,088	$	40,301	$	(525	)	$	5,682		$	5,488		$	8,669
Real Estate Transactions	—		—		—		—			—			(230		)	230
Services and Rentals	5,074		7		3,618		—			(57		)	607			899
Total	$	72,827	$	7,095	$	43,919	$	(525	)	$	5,625		$	5,865		$	9,798

The Revenues shown in Water Activities above consist of revenues from water customers of $83,838,000, $69,402,000 and $66,408,000 in the years 2012, 2011, and 2010, respectively.  Additionally, there were revenues associated with utility plant leased to others of $1,487,000, $1,490,000 and $1,345,000 in the years 2012, 2011, and 2010, respectively which are reflected in Other Utility Income, Net of Taxes on the consolidated statements of income.

The table below shows assets by segment:

At December 31 (in thousands):	2012		2011
Total Plant and Other Investments:
Water	$	453,625	$	364,955
Non-Water	680		635
Total Plant and Other Investments	454,305		365,590
Other Assets:
Water	118,020		75,096
Non-Water	6,650		2,245
Total Other Assets	124,670		77,341
Total Assets	$	578,975	$	442,931