Segment and Nonregulated Businesses Reporting

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure

Segment and Nonregulated Businesses 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 its consolidated nonregulated variable interest entity, Acequia Water Supply Corporation, 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, 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 Chairman, 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 year ended December 31, 2013
	Water Utility Services			Real Estate Services	All Other (1)		SJW Corp.
	Regulated	Non regulated		Non regulated	Non regulated		Regulated	Non regulated		Total
Operating revenue	264,782	5,882		6,205	—		264,782	12,087		276,869
Operating expense	212,761	5,683		4,000	1,018		212,761	10,701		223,462
Operating income (loss)	52,021	199		2,205	(1,018	)	52,021	1,386		53,407
Net income (loss)	23,273	(208	)	920	(1,601	)	23,273	(889	)	22,384
Depreciation and amortization	33,067	360		1,612	—		33,067	1,972		35,039
Senior note, mortgage and other interest expense	16,616	—		1,120	2,186		16,616	3,306		19,922
Income tax expense (benefit) in net income	14,446	124		768	(1,203	)	14,446	(311	)	14,135
Assets	1,013,229	16,163		71,779	8,815		1,013,229	96,757		1,109,986

	For year ended December 31, 2012
	Water Utility Services		Real Estate Services	All Other (1)		SJW Corp.
	Regulated	Non regulated	Non regulated	Non regulated		Regulated	Non regulated		Total
Operating revenue	251,032	5,523	4,992	—		251,032	10,515		261,547
Operating expense	197,893	4,043	3,379	935		197,893	8,357		206,250
Operating income (loss)	53,139	1,480	1,613	(935	)	53,139	2,158		55,297
Net income (loss)	22,811	707	244	(1,444	)	22,811	(493	)	22,318
Depreciation and amortization	31,085	360	1,653	—		31,085	2,013		33,098
Senior note, mortgage and other interest expense	16,499	—	1,511	2,175		16,499	3,686		20,185
Income tax expense (benefit) in net income	15,678	581	374	(1,091	)	15,678	(136	)	15,542
Assets	991,866	13,245	74,903	7,485		991,866	95,633		1,087,499

	For year ended December 31, 2011
	Water Utility Services		Real Estate Services		All Other (1)		SJW Corp.
	Regulated	Non regulated	Non regulated		Non regulated		Regulated	Non regulated		Total
Operating revenue	229,411	4,935	4,609		—		229,411	9,544		238,955
Operating expense	175,812	3,481	3,240		2,031		175,812	8,752		184,564
Operating income (loss)	53,599	1,454	1,369		(2,031	)	53,599	792		54,391
Net income (loss)	21,970	765	(407	)	(1,450	)	21,970	(1,092	)	20,878
Depreciation and amortization	29,136	360	1,697		—		29,136	2,057		31,193
Senior note, mortgage and other interest expense	16,741	—	1,833		1,101		16,741	2,934		19,675
Income tax expense (benefit) in net income	15,387	571	(296	)	(1,096	)	15,387	(821	)	14,566
Assets	917,580	11,668	80,097		29,465		917,580	121,230		1,038,810

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(1)    The “All Other” category includes the accounts of SJW Corp. on a stand-alone basis.