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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2020 - $143,051,; 2019 - $136,588) $ 544,575 $ 530,721
Current assets    
Cash and cash equivalents 373 596
Non-utility property (less accumulated depreciation - 2020- $828; 2019 - $790) 8,191 6,913
Income tax receivable 0 19
Unbilled operating revenues 1,759 1,211
Materials and supplies 1,518 1,264
Prepaid property taxes 2 1,954
Prepaid expenses and other 2,657 2,250
Total current assets 14,500 14,207
Other assets    
Non-utility property (less accumulated depreciation - 2020- $828; 2019 - $790) 3,774 3,812
Other deferred assets 5,884 4,257
Operating lease right of use assets 469 480
Total other assets 10,127 8,549
Regulatory assets, net 6,697 6,891
Total Assets 575,899 560,368
Stockholders' equity    
Common stock 9,333 9,292
Preferred stock 0 0
Additional paid-in capital 102,746 101,811
Retained earnings 50,831 49,165
Total stockholders' equity 162,910 160,268
Long-term debt, net of current portion 143,183 144,156
Total stockholders' equity and long term debt 306,093 304,424
Current liabilities    
Lines of credit 14,735 7,500
Current portion of long-term debt 1,799 1,706
Accounts payable 4,853 8,176
Accrued expenses 3,003 3,113
Dividends payable 2,330 0
Overdraft payable 197 15
Accrued interest 908 830
Income taxes payable 4,840 343
Customer and other deposits 2,011 1,970
Other 1,797 1,946
Total current liabilities 36,473 25,599
Commitments and contingencies
Deferred credits and other liabilities    
Net advances for construction 5,058 5,421
Operating lease liabilities 440 450
Regulatory liabilities 21,969 22,246
Deferred investment tax credits 482 490
Deferred income taxes 50,501 52,259
Total deferred credits and other liabilities 78,450 80,866
Net contributions in aid of construction 154,883 149,479
Total Liabilities and Stockholders' Equity $ 575,899 $ 560,368