Short-Term and Long-Term Debt Short-Term and Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2015

Short-Term and Long-Term Debt [Abstract]

Expected First Mortgage Bonds Issuance [Table Text Block]

On July 14, 2015, we agreed to sell $100.0 million of the Company's first mortgage bonds (Bonds) to certain institutional buyers in the private placement market. The Bonds will be sold in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, to institutional accredited investors. The Bonds will be issued on or about September 24, 2015, in two series as follows:

Maturity Date	Principal Amount	Interest Rate
September 15, 2020	$40 Million	2.80%
September 16, 2030	$60 Million	3.86%