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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 1,103,434 $ 12,741,197
Marketable securities 0 406,134
Accounts receivable    
Trade, less allowance for doubtful accounts of $223,293 and $1,978,358, respectively 6,039,891 12,305,657
Related parties 219,918 146,225
Unbilled gas 2,160,367 7,172,062
Note receivable, current portion 1,938 1,938
Inventory    
Natural gas 7,892,795 4,996,065
Materials and supplies 2,638,416 2,285,722
Prepaid income taxes 707,191 727,427
Prepayments and other 1,529,065 970,574
Recoverable cost of gas purchases 1,927,177 1,209,982
Deferred tax asset 750,471 1,225,032
Derivative instruments 8,419 0
Assets held for sale 35,115 0
Discontinued operations 11,041,679 12,032,203
Total current assets 36,055,876 56,220,218
PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 181,878,664 164,886,688
Less accumulated depreciation, depletion and amortization (44,752,830) (40,299,043)
PROPERTY, PLANT AND EQUIPMENT, NET 137,125,834 124,587,645
OTHER ASSETS    
Note receivable, less current portion 90,975 93,727
Regulatory assets    
Deferred costs 2,327,501 0
Property taxes 6,250 25,000
Income taxes 296,819 296,819
Rate case costs 97,734 130,228
Debt issuance costs, net of amortization 1,093,245 1,388,124
Goodwill 16,267,377 16,267,377
Customer relationships 3,003,208 3,230,333
Investment in unconsolidated affiliate 350,748 351,724
Restricted cash 1,897,701 1,137,442
Other assets 9,169 3,160
Total other assets 25,440,727 22,923,934
TOTAL ASSETS 198,622,437 203,731,797
CURRENT LIABILITIES    
Checks in excess of amounts on deposit 1,523,212 842,443
Line of credit 24,060,799 24,529,799
Accounts payable    
Trade 7,814,606 12,355,605
Related parties 9 559,933
Notes payable, current portion 542,156 3,502,190
Contingent consideration, current portion 671,638 671,638
Accrued liabilities    
Taxes other than income 1,763,630 3,043,583
Vacation 331,467 83,189
Employee benefit plans 82,712 161,440
Interest 359,156 169,581
Deferred payments received from levelized billing 2,326,208 2,293,801
Customer deposits 713,914 667,479
Related parties 69,253 0
Capital lease obligation, current portion 188,224 177,570
Over-recovered gas purchases 885,500 793,184
Build-to-suit liability 4,148,469 0
Other current liabilities 1,308,544 1,464,646
Discontinued operations 617,774 574,889
Total current liabilities 47,407,271 51,890,970
LONG-TERM LIABILITIES    
Deferred investment tax credits 118,458 134,255
Deferred tax liability 9,761,396 9,055,166
Asset retirement obligation 2,166,280 2,026,353
Customer advances for construction 996,416 987,265
Regulatory liability for income taxes 83,161 83,161
Customer deposits 949,540 0
Capital lease obligation, less current portion 1,674,714 1,862,938
Contingent consideration, less current portion 10,362 13,362
Total long-term liabilities 15,760,327 14,162,500
NOTES PAYABLE, less current portion 39,856,427 40,198,552
COMMITMENTS AND CONTINGENCIES (see Note 15)      
STOCKHOLDERS' EQUITY    
Preferred stock; $0.15 par value, 1,500,000 shares authorized, no shares issued or outstanding 0 0
Common stock; $0.15 par value, Authorized: 15,000,000 shares: Issued: 10,487,511 and 10,451,678 shares, respectively; Outstanding: 10,487,511 and 10,451,678 shares, respectively 1,573,127 1,567,752
Capital in excess of par value 63,821,456 63,468,969
Accumulated other comprehensive income 0 104,909
Retained earnings 30,203,829 32,338,145
Total stockholders' equity 95,598,412 97,479,775
TOTAL CAPITALIZATION 135,454,839 137,678,327
TOTAL LIABILITIES AND CAPITALIZATION $ 198,622,437 $ 203,731,797