REGULATORY ASSETS (Tables)

3 Months Ended

Mar. 31, 2016

REGULATORY ASSETS [Abstract]

Regulatory assets, net of amortization, comprise

Regulatory assets, net of amortization, comprise:
	(in thousands)
	March 31, 2016		December 31, 2015
Postretirement benefit obligation	$	329	$	329
Debt issuance costs		1,717		1,747
Deferred income taxes		442		446
Goodwill		316		318
Deferred acquisition and franchise costs		710		720
Expense of rate and regulatory proceedings		482		616
	$	3,996	$	4,176