REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2019

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:

As a result of the reduced tariff rates approved by the DEPSC on January 31, 2019, the tariff revenues presented below for the three months ended June 30, 2018 and the six months ended June 30, 2018 were reallocated to the appropriate line items for comparison purposes.

(in thousands)	Three months ended June 30, 2019		Three months ended June 30, 2018		Six months ended June 30, 2019		Six months ended June 30, 2018
Tariff Revenue
Consumption charges	$	11,505	$	11,991	$	21,476	$	22,787
Fixed fees		6,349		6,374		12,997		12,704
Service charges		156		168		333		324
DSIC		908		800		1,795		1,548
Revenue reserved for refund –           TCJA impact		-		-800		-		-1,548
Total Tariff Revenue	$	18,918	$	18,533	$	36,601	$	35,815
Non-Tariff Revenue
Service line protection plans	$	1,028	$	996	$	2,079	$	1,978
Contract operations		328		337		656		696
Inspection fees		64		47		86		56
Total Non-Tariff Revenue	$	1,420	$	1,380	$	2,821	$	2,730
Other Operating Revenue      not in scope of ASC 606	$	314	$	325	$	615	$	599
Total Operating Revenue	$	20,652	$	20,238	$	40,037	$	39,144

Contract Assets and Contract Liabilities

Our contract assets and liabilities consist of the following:

(in thousands)	June 30, 2019		December 31, 2018
Accounts Receivable
Accounts Receivable-Tariff	$	3,792	$	5,751
Accounts Receivable-Non-Tariff		275		320
Total Accounts Receivable	$	4,067	$	6,071
Contract Assets – Tariff	$	2,689	$	2,367
Deferred Revenue
Deferred Revenue – Tariff	$	1,026	$	1,025
Deferred Revenue – Non-Tariff		265		227
Total Deferred Revenue	$	1,291	$	1,252
Refund Liability - Tariff	$	-	$	3,298