XML 45 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2013
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments
Long-term debt as of December 31 was as follows:

Description
Due Date
 
2013
 
2012
Senior notes, San Jose Water Company:
 
 

 

   Series A 8.58%
2022
 
$
20,000

 
20,000

   Series B 7.37%
2024
 
30,000

 
30,000

   Series C 9.45%
2020
 
10,000

 
10,000

   Series D 7.15%
2026
 
15,000

 
15,000

   Series E 6.81%
2028
 
15,000

 
15,000

   Series F 7.20%
2031
 
20,000

 
20,000

   Series G 5.93%
2033
 
20,000

 
20,000

   Series H 5.71%
2037
 
20,000

 
20,000

   Series I 5.93%
2037
 
20,000

 
20,000

   Series J 6.54%
2024
 
10,000

 
10,000

   Series K 6.75%
2039
 
20,000

 
20,000

SJWTX, Inc. Series A 6.27%
2036
 
15,000

 
15,000

SJW Corp. Series A 4.35%
2021
 
50,000

 
50,000

Total senior notes
 
 
$
265,000

 
265,000

Mortgage loans 5.61% - 6.09%
2013
 

 
4,867

 
2016
 
3,215

 
3,314

 
2017
 
12,142

 
12,375

444 West Santa Clara Street, L.P. 5.68% (non-recourse to SJW Land Company)
2021
 
3,053

 
3,153

California Pollution Control Financing Authority Revenue Bonds 5.10%, San Jose Water Company
2040
 
50,000

 
50,000

SDWSRF loans 2.39% and 2.60%, San Jose Water Company
2027
 
2,141

 
2,281

Total debt
 
 
$
335,551

 
340,990

Less: current portion
 
 
554

 
5,392

Total long-term debt, less current portion
 
 
$
334,997

 
335,598

Schedule of Maturities of Long-term Debt
The amount of coverage can be reduced as the principal balances decrease. An amortization schedule of the SDWSRF loans is as follows:

 
Amortization Schedule
Year
Total Payment
 
Interest
 
Principal
2014
133

 
37

 
96

2015
196

 
49

 
147

2016
195

 
45

 
150

2017
196

 
42

 
154

2018
195

 
38

 
157

Thereafter
1,592

 
155

 
1,437

Mortgages [Member]
 
Debt Instrument [Line Items]  
Schedule of Maturities of Long-term Debt
An amortization schedule of the mortgage loans is as follows:

 
Amortization Schedule
Year
Total Payment
 
Interest
 
Principal
2014
1,229

 
877

 
352

2015
1,229

 
856

 
373

2016
4,034

 
762

 
3,272

2017
11,470

 
110

 
11,360

An amortization schedule of the mortgage loan with 444 West Santa Clara Street, L.P. is as follows:

 
Amortization Schedule
Year
Total Payment
 
Interest
 
Principal
2014
276

 
170

 
106

2015
276

 
164

 
112

2016
276

 
157

 
119

2017
276

 
150

 
126

2018
276

 
143

 
133

Thereafter
2,761

 
304

 
2,457