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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 4,102,007 $ 7,623,624
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 7,043,518 6,245,132
PPP Loan Forgiveness (2,912,433)
Undistributed Earnings of Other Equity Investments (264,034) (138,898)
Noncash Patronage Refund (118,223) (129,177)
Stock Issued in Lieu of Cash Payment 200,507 85,680
Distributions from Equity Investments 110,917 150,000
Stock-based Compensation 13,281 228,683
Changes in Assets and Liabilities:    
Receivables 324,722 (1,299,998)
Income Taxes Receivable 1,405,622 (428,768)
Inventory for Resale (254,787) (170,109)
Prepaid Expenses (48,577) (801,777)
Other Assets (7,129) (94,791)
Accounts Payable (25,860) (86,479)
Accrued Income Taxes 54,595
Other Accrued Taxes (1,077) (888)
Other Accrued Liabilities 65,433 (272,194)
Deferred Compensation (14,150) (150,845)
Net Cash Provided by Operating Activities 12,586,765 7,846,762
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant, and Equipment, Net (10,012,147) (5,566,431)
Materials and Supplies for Construction (4,649,328) (2,479,951)
Other, Net 6,788 (53,000)
Net Cash Used in Investing Activities (14,654,687) (8,099,382)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal Payments of Long-Term Debt (2,305,200) (2,305,200)
Loan Origination Fees (49,473)
Changes in Revolving Credit Facility 7,631,066 309,660
Repurchase of Common Stock (3,187,500) (72,067)
Dividends Paid (1,420,248) (1,405,839)
Net Cash Used in Financing Activities 668,645 (3,473,446)
NET INCREASE IN CASH (1,399,277) (3,726,066)
CASH at Beginning of Period 2,306,149 8,617,660
CASH at End of Period 906,872 4,891,594
Supplemental cash flow information:    
Cash paid for interest 951,333 1,285,943
Net cash paid for income taxes $ 135,000 $ 2,270,000