CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Utility plant, at original cost less accumulated depreciation	$ 353,397	$ 345,383
Current assets
Cash and cash equivalents	311	179
Accounts receivable (less allowance for doubtful accounts 2011 - $216; 2010-$230)	4,997	5,094
Unbilled operating revenues	3,636	3,614
Materials and supplies	1,483	1,246
Prepaid property taxes	1,293	1,260
Prepaid expenses and other	1,530	2,640
Total current assets	13,250	14,033
Other assets
Non utility property (less accumulated depreciation 2011-$417; 2010-$377)	4,214	4,480
Other deferred assets	5,142	5,023
Total other assets	9,356	9,503
Regulatory assets, net	2,734	2,610
Total assets	378,737	371,529
Stockholders' equity
Common stock	8,611	7,637
Preferred stock	0	0
Additional paid-in capital	86,311	69,989
Retained earnings	18,075	17,520
Total stockholders' equity	112,997	95,146
Long-term debt, net of current portion	106,539	105,061
Total stockholders' equity and long-term debt	219,536	200,207
Current liabilities
Lines of credit	11,740	29,071
Current portion of long-term debt	1,718	1,545
Accounts payable	2,784	3,401
Accrued expenses	2,253	2,126
Overdraft payable	365	740
Deferred income taxes	772	459
Accrued interest	1,223	1,189
Customer deposits	942	805
Other	2,863	2,549
Total current liabilities	24,660	41,885
Commitments and contingencies ( Note 10 )	0	0
Deferred credits and other liabilities
Net advances for construction	14,405	16,159
Postretirement benefit obligation	455	525
Deferred investment tax credits	643	664
Deferred income taxes	41,732	37,558
Total deferred credits and other liabilities	57,235	54,906
Net contributions in aid of construction	77,306	74,531
Liabilities and stockholders' equity	$ 378,737	$ 371,529