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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,635,092 $ 4,128,724
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,103,547 1,965,279
Accretion 69,413 58,845
Amortization of debt issuance costs 68,667 63,396
Stock based compensation 34,943 45,662
Gain on sale of marketable securities   (109,144)
Loss on sale of assets 39,685  
Loss from unconsolidated affiliate 83,151 32,122
Investment tax credit (10,531) (10,531)
Deferred income taxes 2,721,060 492,520
Changes in assets and liabilities    
Accounts receivable, including related parties 5,128,578 9,244,965
Unbilled gas 4,401,975 1,686,956
Natural gas and propane inventory 2,041,931 1,893,096
Accounts payable, including related parties (4,397,430) (3,297,878)
Recoverable/refundable cost of gas purchases 2,026,951 (2,030,733)
Prepayments and other 513,230 (550,691)
Other assets (847,241) (323,130)
Other current liabilities (3,097,367) (3,568,424)
Net cash provided by operating activities 15,515,654 9,721,034
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (10,279,331) (2,190,624)
Proceeds from sale of fixed assets 19,900  
Proceeds from sale of marketable securities   2,353,878
Proceeds from related party note receivable 4,699  
Purchase of Cut Bank shares and Kidron Investment   (206,067)
Cash acquired in acquisition   144,203
Restricted cash (3,403,078)  
Investment in unconsolidated affiliate (303,600) (52,500)
Customer advances for construction 72,082 34,196
Contributions in aid of construction 7,735 19,837
Net cash (used in) provided by investing activities (13,881,593) 102,923
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from lines of credit 11,200,000 21,850,000
Repayment on lines of credit (17,509,999) (26,552,098)
Proceeds from notes payable 18,334,000  
Repayments of notes payable (9,869,533) (996,796)
Repayments of related party notes payable (49,361)  
Debt issuance costs (483,488)  
Restricted cash (948,836)  
Dividends paid (2,200,702) (1,639,066)
Net cash used in financing activities (1,527,919) (7,337,960)
NET INCREASE IN CASH AND CASH EQUIVALENTS 106,142 2,485,997
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 13,026,585 2,752,168
CASH AND CASH EQUIVALENTS, END OF PERIOD 13,132,727 5,238,165
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 822,174 1,003,733
Cash paid for income taxes 91,303 180,000
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Shares issued to purchase Ohio Companies   17,073,084
Capital expenditures included in accounts payable 496,384 226,358
Capitalized interest 3,444 2,997
Accrued dividends $ 366,842 $ 273,265