REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2018

REVENUE RECOGNITION [Abstract]

Disaggregation Revenues

The following table shows the Company's revenues disaggregated by service type; all revenues are generated within a similar geographical location:

(in thousands)	Three months ended March 31, 2018			Three months ended March 31, 2017
Regulated Revenue
Consumption charges	$	10,719		$	10,405
Fixed fees		6,406			6,200
Service charges		157			272
DSIC		748			756
Revenue reserved for refund –           TCJA impact		(748	)		0
Total Regulated Revenue	$	17,282		$	17,633
Non-Regulated Revenue
Service line protection plans	$	982		$	953
Contract operations		359			328
Inspection fees		9			51
Total Non-Regulated Revenue	$	1,350		$	1,332
Other Operating Revenue      not in scope of ASC 606	$	274		$	225
Total Operating Revenue	$	18,906		$	19,190

Contract Assets and Contract Liabilities

Our contract assets and liabilities consist of the following:

(in thousands)	March 31, 2018		December 31, 2017
Accounts Receivable
Accounts Receivable-Regulated	$	5,174	$	5,631
Accounts Receivable-Non-Regulated		420		403
Total Accounts Receivable	$	5,594	$	6,034
Contract Assets – Regulated	$	2,211	$	2,397
Deferred Revenue
Deferred Revenue – Regulated	$	1,001	$	1,053
Deferred Revenue – Non-Regulated		199		203
Total Deferred Revenue	$	1,200	$	1,256
Refund Liability - Regulated	$	748	$	--