Segment and Nonregulated Business Reporting

6 Months Ended

Jun. 30, 2011

Segment and Nonregulated Business Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Text Block]

Segment and Nonregulated Business Reporting

SJW Corp. is a holding company with four subsidiaries: (i) San Jose Water Company, a water utility operation with both regulated and nonregulated businesses, (ii) SJW Land Company and its consolidated variable interest entity, 444 West Santa Clara Street, L.P., operate commercial building rentals, (iii) SJWTX, Inc. which is doing business as Canyon Lake Water Service Company, a regulated water utility located in Canyon Lake, Texas and (iv) Texas Water Alliance Limited, a nonregulated water utility operation which is undertaking activities that are necessary to develop a water supply project in Texas. In accordance with FASB ASC Topic 280 – “Segment Reporting,” SJW Corp. has determined that it has two reportable business segments. The first segment is that of providing water utility and utility-related services to its customers through SJW Corp.’s subsidiaries, San Jose Water Company, Canyon Lake Water Service Company, and Texas Water Alliance Limited, together referred to as “Water Utility Services.” The second segment is property management and investment activity conducted by SJW Land Company, referred to as “Real Estate Services.”

SJW Corp.’s reportable segments have been determined based on information used by the chief operating decision maker. SJW Corp.’s chief operating decision maker is its President and Chief Executive Officer (“CEO”). The CEO reviews financial information presented on a consolidated basis that is accompanied by disaggregated information about operating revenue, net income and total assets, by subsidiaries.

The tables below set forth information relating to SJW Corp.’s reportable segments and distribution of regulated and nonregulated business activities within the reportable segments. Certain allocated assets, revenue and expenses have been included in the reportable segment amounts. Other business activity of SJW Corp. not included in the reportable segments is included in the “All Other” category.

	For Three Months Ended June 30, 2011
	Water Utility Services			Real Estate Services		All Other*		SJW Corp.
	Regulated		Non regulated	Non regulated		Non regulated		Regulated	Non regulated		Total
Operating revenue	$	56,660	1,268	1,079		—		56,660	2,347		59,007
Operating expense	43,076		807	859		481		43,076	2,147		45,223
Operating income (loss)	13,584		461	220		(481	)	13,584	200		13,784
Net income (loss)	5,549		251	(147	)	(202	)	5,549	(98	)	5,451
Depreciation and amortization	7,282		90	420		—		7,282	510		7,792
Senior note, mortgage and other interest expense	4,235		—	427		20		4,235	447		4,682
Income tax expense (benefit) in net income	3,905		177	(102	)	(163	)	3,905	(88	)	3,817
Assets	$	865,296	11,374	81,198		42,446		865,296	135,018		1,000,314

	For Three Months Ended June 30, 2010
	Water Utility Services			Real Estate Services		All Other*		SJW Corp.
	Regulated		Non regulated	Non regulated		Non regulated		Regulated	Non regulated		Total
Operating revenue	$	52,172	1,134	822		—		52,172	1,956		54,128
Operating expense	40,556		828	839		560		40,556	2,227		42,783
Operating income (loss)	11,616		306	(17	)	(560	)	11,616	(271	)	11,345
Net income (loss)	5,225		172	(311	)	(570	)	5,225	(709	)	4,516
Depreciation and amortization	6,563		87	420		—		6,563	507		7,070
Senior note, mortgage and other interest expense	3,762		—	443		—		3,762	443		4,205
Income tax expense (benefit) in net income	3,402		121	(215	)	(207	)	3,402	(301	)	3,101
Assets	$	822,391	9,440	81,816		39,333		822,391	130,589		952,980

	For Six Months Ended June 30, 2011
	Water Utility Services			Real Estate Services		All Other*		SJW Corp.
	Regulated		Non regulated	Non regulated		Non regulated		Regulated	Non regulated		Total
Operating revenue	$	98,342	2,175	2,186		—		98,342	4,361		102,703
Operating expense	79,146		1,505	1,649		1,018		79,146	4,172		83,318
Operating income (loss)	19,196		670	537		(1,018	)	19,196	189		19,385
Net income (loss)	6,409		350	(267	)	(431	)	6,409	(348	)	6,061
Depreciation and amortization	14,570		177	839		—		14,570	1,016		15,586
Senior note, mortgage and other interest expense	8,501		—	892		20		8,501	912		9,413
Income tax expense (benefit) in net income	4,523		259	(186	)	(346	)	4,523	(273	)	4,250
Assets	$	865,296	11,374	81,198		42,446		865,296	135,018		1,000,314

	For Six Months Ended June 30, 2010
	Water Utility Services			Real Estate Services		All Other*		SJW Corp.
	Regulated		Non regulated	Non regulated		Non regulated		Regulated	Non regulated		Total
Operating revenue	$	90,932	1,978	1,629		—		90,932	3,607		94,539
Operating expense	74,099		1,399	1,449		910		74,099	3,758		77,857
Operating income (loss)	16,833		579	180		(910	)	16,833	(151	)	16,682
Net income (loss)	6,198		333	(485	)	(545	)	6,198	(697	)	5,501
Depreciation and amortization	13,169		173	839		—		13,169	1,012		14,181
Senior note, mortgage and other interest expense	7,443		—	884		—		7,443	884		8,327
Income tax expense (benefit) in net income	4,211		232	(334	)	(326	)	4,211	(428	)	3,783
Assets	$	822,391	9,440	81,816		39,333		822,391	130,589		952,980

*    The “All Other” category includes SJW Corp. on a stand-alone basis.