Business Segment Data (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

The Company has identified two reportable segments. One is the regulated business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey and Delaware. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Company is subject to regulations as to its rates, services and other matters by New Jersey and Delaware with respect to utility services within these states. The other segment is primarily comprised of non-regulated contract services for the operation and maintenance of municipal and private water and

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wastewater systems in New Jersey and Delaware. Inter-segment transactions relating to operational costs are treated as pass-through expenses. Finance charges on inter-segment loan activities are based on interest rates that are below what would normally be charged by a third party lender.

	(In Thousands)
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
Operations by Segments:	2021			2020			2021			2020
Revenues:
Regulated	$	37,396		$	37,041		$	100,426		$	98,267
Non – Regulated		2,995			3,204			9,657			9,345
Inter-segment Elimination		(517	)		(325	)		(966	)		(647	)
Consolidated Revenues	$	39,874		$	39,920		$	109,117		$	106,965
Operating Income:
Regulated	$	10,654		$	12,119		$	24,082		$	26,598
Non – Regulated		770			1,058			2,791			2,490
Consolidated Operating Income	$	11,424		$	13,177		$	26,873		$	29,088
Net Income:
Regulated	$	10,924		$	11,993		$	27,271		$	28,364
Non – Regulated		552			744			2,034			1,754
Consolidated Net Income	$	11,476		$	12,737		$	29,305		$	30,118
Capital Expenditures:
Regulated	$	14,743		$	25,266		$	61,097		$	70,398
Non – Regulated		2			101			148			387
Total Capital Expenditures	$	14,745		$	25,367		$	61,245		$	70,785

	As of			As of
	September 30, 2021			December 31, 2020
Assets:
Regulated	$	1,037,503		$	998,932
Non – Regulated		7,592			8,289
Inter-segment Elimination		(15,503	)		(30,751	)
Consolidated Assets	$	1,029,592		$	976,470