DEBT (Tables)

12 Months Ended

Dec. 31, 2013

DEBT [Abstract]

Schedule of Long-term debt

Long-term debt consists of:

	December 31,
In thousands	2013		2012
First mortgage bonds
Series O, 8.17%, due December 29, 2020	$	20,000	$	20,000
Series P, 6.58%, due January 31, 2018		25,000		25,000
Series Q, 4.75%, due December 1, 2043		15,400		15,400
Series R, 5.96%, due December 31, 2028		25,000		25,000
Series S, 6.73%, due December 31, 2033		12,000		12,600
		97,400		98,000
State revolving fund loans
4.48%, due August 1, 2021		2,187		2,410
3.57%, due September 1, 2023		869		940
3.64%, due May 1, 2025		1,469		1,570
3.41%, due February 1, 2031		2,820		2,936
3.40%, due July 1, 2032		1,897		1,512
		9,242		9,368
Sub-total		106,642		107,368
Less: current maturities (principal amount)		1,132		1,111
Total long-term debt	$	105,510	$	106,257

Future Minimum Payments

Payments of principal amounts due during the next five years and thereafter:

In thousands	2014		2015		2016		2017		2018		Thereafter
First Mortgage bonds	$	600	$	600	$	600	$	600	$	25,600	$	69,400
State revolving fund loans		532		622		646		671		698		6,073
Total payments	$	1,132	$	1,222	$	1,246	$	1,271	$	26,298	$	75,473