REGULATORY ASSETS (Tables)

3 Months Ended

Mar. 31, 2014

REGULATORY ASSETS [Abstract]

Regulatory assets, net of amortization, comprise

Regulatory assets, net of amortization, comprise:
	(in thousands)
	March 31, 2014		December 31, 2013
Postretirement benefit obligation	$	438	$	438
Deferred income taxes		472		476
Goodwill		331		333
Deferred acquisition and franchise costs		783		792
Expense of rate and regulatory proceedings		266		265
	$	2,290	$	2,304