Regulatory Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2015

Regulatory Assets and Liabilities Disclosure [Abstract]

Regulatory Assets And Liabilities

The following table summarizes the components of the Company’s regulatory asset and liability balances at June 30, 2015 and December 31, 2014.

	June 30, 2015				December 31, 2014
	Current		Long-term		Current		Long-term
REGULATORY ASSETS
Recoverable cost of gas purchases	$	2,301,288	$	-	$	692,117	$	-
Deferred costs		489,996		1,470,008		489,996		1,715,006
Deferred loss on commodity swaps		304,425		-		2,872,385		-
Income taxes		-		296,819		-		296,819
Rate case costs		43,324		21,916		43,324		43,579
Total regulatory assets	$	3,139,033	$	1,788,743	$	4,097,822	$	2,055,404
REGULATORY LIABILITIES
Over-recovered gas purchases	$	1,446,654	$	-	$	925,175	$	-
Income taxes		-		83,161		-		83,161
Asset retirement costs		-		1,086,975		-		1,006,689
Total regulatory liabilities	$	1,446,654	$	1,170,136	$	925,175	$	1,089,850