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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2020
Acquisitions [Abstract]  
Schedule Of Purchase Price Allocation

Base purchase price

$

4,275,000 

Adjustments:

Estimated change in working capital

43,935 

Certain estimated capital expenditures

247,500 

Assumption of indebtedness

(1,101,091)

Cash consideration

$

3,465,344 

Preliminary Purchase Price Allocation

March 16,

2020

Property, plant and equipment, net

$

2,468,946 

Current assets

241,372 

Regulatory assets

288,665 

Goodwill

2,287,677 

Other long-term assets

82,528 

Total assets acquired

5,369,188 

Current portion of long-term debt

5,136 

Loans payable

181,000 

Other current liabilities

182,622 

Long-term debt

999,460 

Deferred income taxes

245,701 

Regulatory liabilities

134,875 

Other long-term liabilities

155,050 

Total liabilities assumed

1,903,844 

Net assets acquired

$

3,465,344 

Pro Forma Summary

Three Months Ended

March 31,

2020

2019

Operating revenues

$

536,653

$

598,663

Net income

137,292

68,075