COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of physical gas, coal and transportation contracts

The following table sets forth our firm physical gas, coal and transportation contracts for the periods indicated as of December 31, 2014 (in millions).

	Firm physical gas and transportation contracts		Coal and coal transportation contracts
January 1, 2015 through December 31, 2015	$	26.6	$	26.2
January 1, 2016 through December 31, 2017	$	42.9	$	29.5
January 1, 2018 through December 31, 2019	$	33.3	$	22.8
January 1, 2020 and beyond	$	49.6		—

Schedule of lease obligations over the next five years

Our lease obligations over the next five years are as follows (in thousands):

	Capital Leases		Operating Leases
2015	$	553	$	730
2016		549		720
2017		547		682
2018		547		645
2019		546		485
Thereafter		3,006		—

Total minimum payments		5,748	$	3,262
Less amount representing interest		1,581

Present value of net minimum lease payments	$	4,167