REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2020

REVENUE RECOGNITION [Abstract]

Disaggregation of Revenues

Table of Contents

Disaggregated 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, 2020		Three months ended March 31, 2019
Tariff Revenue
Consumption charges	$	10,160	$	10,393
Fixed fees		6,737		6,648
Service charges		147		177
DSIC		1,152		888
Industrial wastewater services		8		–
Revenue reserved for refund –           TCJA impact		–		(422	)
Total Tariff Revenue	$	18,204	$	17,684
Non-Tariff Revenue
Service line protection plans	$	1,088	$	1,050
Contract operations		216		328
Inspection fees		102		23
Total Non-Tariff Revenue	$	1,406	$	1,401
Other Operating Revenue      not in scope of ASC 606	$	291	$	301
Total Operating Revenue	$	19,901	$	19,386

Contract Assets and Contract Liabilities

Our contract assets and liabilities consist of the following:

(in thousands)	March 31, 2020		December 31, 2019
Contract Assets – Tariff	$	2,146	$	2,146
Deferred Revenue
Deferred Revenue – Tariff	$	979	$	1,050
Deferred Revenue – Non-Tariff		221		251
Total Deferred Revenue	$	1,200	$	1,301