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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 13,132,727 $ 13,026,585
Marketable securities 306,238 274,950
Accounts receivable    
Trade, less allowance for doubtful accounts of $282,350 and $354,719, respectively 4,539,514 9,593,840
Related parties 485,132 559,384
Unbilled gas 1,322,371 5,724,346
Note receivable - related parties, current portion 9,905 9,565
Inventory    
Natural gas and propane 3,834,779 5,876,710
Materials and supplies 2,309,597 1,414,367
Prepaid income taxes 1,646,751 1,601,798
Prepayments and other 399,729 912,959
Recoverable cost of gas purchases 2,264,070 2,628,824
Deferred tax asset 102,695 114,362
Total current assets 30,353,508 41,737,690
PROPERTY, PLANT AND EQUIPMENT, net 84,465,865 76,134,401
OTHER ASSETS    
Notes receivable - related parties, less current portion 40,626 45,665
Deferred tax assets, less current portion 0 1,804,264
Regulatory assets    
Property taxes 731,830 873,197
Income taxes 452,645 452,645
Rate case costs 126,759 64,271
Debt issuance costs 900,067 485,244
Goodwill 14,607,952 14,607,952
Customer relationships 650,750 662,167
Investment in unconsolidated affiliate 860,665 644,358
Restricted cash 4,351,914 0
Other assets 213,043 216,082
Total other assets 22,936,251 19,855,845
TOTAL ASSETS 137,755,624 137,727,936
CURRENT LIABILITIES    
Checks in excess of amounts on deposit 366,259 532,145
Line of credit 11,840,000 18,149,999
Accounts payable    
Trade 5,529,372 9,200,297
Related parties 187,987 417,543
Notes payable, current portion 0 910,917
Notes payable - related parties, current portion 0 49,361
Accrued liabilities    
Taxes other than income 2,429,805 2,961,853
Vacation 167,518 86,194
Employee benefit plans 216,620 103,257
Interest 91,156 29,810
Deferred payments received from levelized billing 1,307,894 2,916,408
Customer deposits 678,143 679,237
Property tax settlement, current portion 242,120 242,120
Related parties 13,894 413,399
Other current liabilities 283,304 1,020,733
Overrecovered gas purchases 2,865,388 1,203,191
Total current liabilities 26,219,460 38,916,464
LONG-TERM LIABILITIES    
Deferred investment tax credits 186,910 197,441
Deferred tax liability 916,795 0
Asset retirement obligation 1,616,280 1,546,867
Customer advances for construction 895,456 949,434
Regulatory liability for income taxes 83,161 83,161
Regulatory liability for gas costs 70,199 131,443
Property tax settlement, less current portion 243,008 243,008
Total long-term liabilities 4,011,809 3,151,354
NOTES PAYABLE, less current portion 31,334,000 21,958,616
COMMITMENTS AND CONTINGENCIES (see Note 11)    
STOCKHOLDERS' EQUITY    
Preferred stock; $0.15 par value, 1,500,000 shares authorized, no shares outstanding 0 0
Common stock; $0.15 par value, 15,000,000 shares authorized, 8,152,051 and 8,149,801 shares outstanding, respectively 1,222,808 1,222,470
Capital in excess of par value 41,944,672 41,910,067
Accumulated other comprehensive income 66,211 46,590
Retained earnings 32,956,664 30,522,375
Total stockholders' equity 76,190,355 73,701,502
TOTAL CAPITALIZATION 107,524,355 95,660,118
TOTAL LIABILITIES AND CAPITALIZATION $ 137,755,624 $ 137,727,936