LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2015

LONG-TERM DEBT.

Schedule of long-term debt outstanding

        At December 31, 2015 and 2014, the balance of long-term debt outstanding was as follows (in thousands):

	2015			2014
First mortgage bonds (EDE):
7.20% Series due 2016	$	25,000		$	25,000
6.375% Series due 2018(1)		90,000			90,000
4.65% Series due 2020(1)		100,000			100,000
3.58% Series due 2027(1)		88,000			88,000
3.59% Series due 2030(1)		60,000			—
3.73% Series due 2033(1)		30,000			30,000
5.875% Series due 2037(1)		80,000			80,000
5.20% Series due 2040(1)		50,000			50,000
4.32% Series due 2043(1)		120,000			120,000
4.27% Series due 2044(1)		60,000			60,000
First mortgage bonds (EDG):
6.82% Series due 2036(1)		55,000			55,000
		758,000			698,000
Senior Notes, 6.70% Series due 2033(1)		62,000			62,000
Senior Notes, 5.80% Series due 2035(1)		40,000			40,000
Capital lease obligations		3,890			4,167
Less unamortized net discount		(633	)		(686	)
		863,257			803,481
Less current obligations of long-term debt		(25,000	)		—
Less current obligations under capital lease		(310	)		(292	)
TOTAL LONG-TERM DEBT	$	837,947		$	803,189

(1)We may redeem some or all of the notes at any time at 100% of their principal amount, plus a make-whole premium, plus accrued and unpaid interest to the redemption date.

Long-term Debt Payout Schedule (Excluding Unamortized Discount)

        Our long-term debt obligations over the next five years are as follows (in thousands):

	Payments Due By Period
Long-Term Debt Payout Schedule (Excluding Unamortized Discount) (in thousands)	Total		Regulated Entity Debt Obligations		Capital Lease Obligations
2016	$	25,310	$	25,000	$	310
2017		329		—		329
2018		90,351		90,000		351
2019		375		—		375
2020		100,396		100,000		396
Thereafter		647,129		645,000		2,129
Total long-term debt obligations		863,890	$	860,000	$	3,890
Less current obligations and unamortized discount		25,943
TOTAL LONG-TERM DEBT	$	837,947