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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$ 4,764,618$ 4,084,019
Adjustments to reconcile net income to net cash provided by operating activities  
Depreciation and amortization3,256,9772,738,441
Accretion105,26292,836
Amortization of debt issuance costs106,74897,975
Stock based compensation52,19362,829
Gain on sale of marketable securities (159,520)
Loss on sale of assets30,916 
Loss from unconsolidated affiliate85,17434,882
Gain on bargain purchase(1,054,861) 
Investment tax credit(15,796)(15,796)
Deferred income taxes2,981,2561,098,029
Changes in assets and liabilities  
Accounts receivable, including related parties5,511,77410,678,613
Unbilled gas4,479,2841,569,929
Natural gas and propane inventory(1,853,006)(1,399,660)
Accounts payable, including related parties(4,083,198)(5,704,175)
Recoverable/refundable cost of gas purchases1,064,287(2,704,976)
Prepayments and other(371,745)(579,352)
Other assets(1,520,188)(1,601,287)
Other current liabilities(993,626)(1,424,044)
Net cash provided by operating activities12,546,0696,868,743
CASH FLOWS FROM INVESTING ACTIVITIES  
Capital expenditures(14,968,603)(3,957,184)
Proceeds from sale of fixed assets43,522 
Proceeds from sale of marketable securities 4,185,867
Purchase of marketable securities(13,304)(52,948)
Proceeds from related party note receivable7,111 
Purchase of Cut Bank shares and Kidron Investment (206,067)
Cash acquired in acquisition 144,203
Purchase of Independence Oil & LP Gas, Inc.(1,275,656) 
Restricted cash(1,807,425) 
Investment in unconsolidated affiliate(303,600)(52,500)
Customer advances for construction60,720138,443
Contributions in aid of construction2,725(65,689)
Net cash provided by (used in) investing activities(18,254,510)134,125
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from lines of credit25,200,00028,650,000
Repayment on lines of credit(25,749,999)(28,700,000)
Proceeds from notes payable18,355,21531,316
Repayments of notes payable(9,870,240)(894,013)
Repayments of related party notes payable(49,361) 
Debt issuance costs(462,944) 
Restricted cash(949,432) 
Dividends paid(3,301,280)(2,458,912)
Net cash provided by (used) in financing activities3,171,959(3,371,609)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS(2,536,482)3,631,259
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD13,026,5852,752,168
CASH AND CASH EQUIVALENTS, END OF PERIOD10,490,1036,383,427
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION  
Cash paid for interest1,164,1651,293,779
Cash paid for income taxes91,303208,372
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES  
Shares issued to purchase Ohio Companies 17,073,084
Capital expenditures included in accounts payable622,642191,457
Capitalized interest6,3423,372
Accrued dividends$ 366,893$ 366,741