DEBT (Tables)

12 Months Ended

Dec. 31, 2016

DEBT [Abstract]

Schedule of Long-term debt

Long-term debt consists of:

	December 31,
In thousands	2016		2015
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		10,200		10,800
		95,600		96,200
State revolving fund loans
4.48%, due August 1, 2021		1,456		1,711
3.57%, due September 1, 2023		640		719
3.64%, due May 1, 2025		1,142		1,255
3.41%, due February 1, 2031		2,448		2,576
3.40%, due July 1, 2032		2,361		2,475
		8,047		8,736
Sub-total		103,647		104,936
Less: current maturities (principal amount)		1,316		1,289
Total long-term debt	$	102,331	$	103,647

Future Minimum Payments

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

In thousands	2017		2018		2019		2020		2021		Thereafter
First Mortgage bonds	$	600	$	25,600	$	600	$	20,600	$	600	$	47,600
State revolving fund loans		716		742		771		801		832		4,185
Total payments	$	1,316	$	26,342	$	1,371	$	21,401	$	1,432	$	51,785