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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Common Shares Class A Non-Voting [Member]
Common Stock [Member]
Common Shares Class B Voting [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2018 $ 8,368 $ 882 $ 100,639 $ 43,362 $ 153,251
Balance (in shares) at Dec. 31, 2018 8,368 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 0 $ 0 0 3,590 3,590
Cash dividends declared          
Common stock 0 0 0 (2,241) (2,241)
Issuance of common stock          
Dividend reinvestment plan $ 2 $ 0 85 0 87
Dividend reinvestment plan (in shares) 2 [1],[2],[3] 0 [4]      
Employee stock options and awards [3] $ 14 $ 0 263 0 277
Employee stock options and awards (in shares) [3] 14 [1],[2] 0 [4]      
Employee Retirement Plan [1] $ 2 $ 0 76 0 78
Employee Retirement Plan (in shares) [1] 2 [2],[3] 0 [4]      
Balance at Mar. 31, 2019 $ 8,386 $ 882 101,063 44,711 155,042
Balance (in shares) at Mar. 31, 2019 8,386 [1],[2],[3] 882 [4]      
Balance at Dec. 31, 2018 $ 8,368 $ 882 100,639 43,362 153,251
Balance (in shares) at Dec. 31, 2018 8,368 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income         11,826
Balance at Sep. 30, 2019 $ 8,402 $ 882 101,552 46,067 156,903
Balance (in shares) at Sep. 30, 2019 8,402 [1],[2],[3] 882 [4]      
Balance at Mar. 31, 2019 $ 8,386 $ 882 101,063 44,711 155,042
Balance (in shares) at Mar. 31, 2019 8,386 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 0 $ 0 0 3,778 3,778
Cash dividends declared          
Common stock 0 0 0 (4,563) (4,563)
Issuance of common stock          
Dividend reinvestment plan $ 3 $ 0 87 0 90
Dividend reinvestment plan (in shares) 3 [1],[2],[3] 0 [4]      
Employee stock options and awards [3] $ 5 $ 0 38 0 43
Employee stock options and awards (in shares) [3] 5 [1],[2] 0 [4]      
Employee Retirement Plan [1] $ 3 $ 0 110 0 113
Employee Retirement Plan (in shares) [1] 3 [2],[3] 0 [4]      
Balance at Jun. 30, 2019 $ 8,397 $ 882 101,298 43,926 154,503
Balance (in shares) at Jun. 30, 2019 8,397 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 0 $ 0 0 4,458 4,458
Cash dividends declared          
Common stock 0 0 0 (2,317) (2,317)
Issuance of common stock          
Dividend reinvestment plan $ 3 $ 0 115 0 118
Dividend reinvestment plan (in shares) 3 [1],[2],[3] 0 [4]      
Employee stock options and awards [3] $ 0 $ 0 45 0 45
Employee stock options and awards (in shares) [3] 0 [1],[2] 0 [4]      
Employee Retirement Plan [1] $ 2 $ 0 94 0 96
Employee Retirement Plan (in shares) [1] 2 [2],[3] 0 [4]      
Balance at Sep. 30, 2019 $ 8,402 $ 882 101,552 46,067 156,903
Balance (in shares) at Sep. 30, 2019 8,402 [1],[2],[3] 882 [4]      
Balance at Dec. 31, 2019 $ 8,410 $ 882 101,811 49,165 160,268
Balance (in shares) at Dec. 31, 2019 8,410 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 0 $ 0 0 4,074 4,074
Cash dividends declared          
Common stock 0 0 0 (2,319) (2,319)
Issuance of common stock          
Dividend reinvestment plan $ 3 $ 0 105 0 108
Dividend reinvestment plan (in shares) 3 [1],[2],[3] 0 [4]      
Employee stock options and awards [3] $ 5 $ 0 129 0 134
Employee stock options and awards (in shares) [3] 5 [1],[2] 0 [4]      
Employee Retirement Plan [1] $ 2 $ 0 87 0 89
Employee Retirement Plan (in shares) [1] 2 [2],[3] 0 [4]      
Balance at Mar. 31, 2020 $ 8,420 $ 882 102,132 50,920 162,354
Balance (in shares) at Mar. 31, 2020 8,420 [1],[2],[3] 882 [4]      
Balance at Dec. 31, 2019 $ 8,410 $ 882 101,811 49,165 160,268
Balance (in shares) at Dec. 31, 2019 8,410 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income         13,703
Balance at Sep. 30, 2020 $ 8,458 $ 882 103,022 53,492 165,854
Balance (in shares) at Sep. 30, 2020 8,458 [1],[2],[3] 882 [4]      
Balance at Mar. 31, 2020 $ 8,420 $ 882 102,132 50,920 162,354
Balance (in shares) at Mar. 31, 2020 8,420 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 0 $ 0 0 4,566 4,566
Cash dividends declared          
Common stock 0 0 0 (4,655) (4,655)
Issuance of common stock          
Dividend reinvestment plan $ 3 $ 0 87 0 90
Dividend reinvestment plan (in shares) 3 [1],[2],[3] 0 [4]      
Employee stock options and awards [3] $ 24 $ 0 399 0 423
Employee stock options and awards (in shares) [3] 24 [1],[2] 0 [4]      
Employee Retirement Plan [1] $ 4 $ 0 128 0 132
Employee Retirement Plan (in shares) [1] 4 [2],[3] 0 [4]      
Balance at Jun. 30, 2020 $ 8,451 $ 882 102,746 50,831 162,910
Balance (in shares) at Jun. 30, 2020 8,451 [1],[2],[3] 882 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 0 $ 0 0 5,063 5,063
Cash dividends declared          
Common stock 0 0 0 (2,402) (2,402)
Issuance of common stock          
Dividend reinvestment plan $ 2 $ 0 88 0 90
Dividend reinvestment plan (in shares) 2 [1],[2],[3] 0 [4]      
Employee stock options and awards [3] $ 1 $ 0 44 0 45
Employee stock options and awards (in shares) [3] 1 [1],[2] 0 [4]      
Employee Retirement Plan [1] $ 4 $ 0 144 0 148
Employee Retirement Plan (in shares) [1] 4 [2],[3] 0 [4]      
Balance at Sep. 30, 2020 $ 8,458 $ 882 $ 103,022 $ 53,492 $ 165,854
Balance (in shares) at Sep. 30, 2020 8,458 [1],[2],[3] 882 [4]      
[1] Artesian Resources Corporation registered 500,000 shares of Class A Common Stock available for purchase through the Artesian Retirement Plan and the Artesian Supplemental Retirement Plan.
[2] At September 30, 2020 and September 30, 2019, Class A Common Stock had 15,000,000 shares authorized.  For the same periods, shares issued, inclusive of treasury shares, were 8,487,604 and 8,432,220, respectively.
[3] Under the Equity Compensation Plan, effective December 9, 2015, or the 2015 Plan, Artesian Resources Corporation authorized up to 331,500 shares of Class A Common Stock for issuance of grants in the form of stock options, stock units, dividend equivalents and other stock-based awards, subject to adjustment in certain circumstances as discussed in the 2015 Plan. Includes stock compensation expense for September 30, 2020, and September 30, 2019, see Note 5-Stock Compensation Plans.
[4] At September 30, 2020 and September 30, 2019, Class B Common Stock had 1,040,000 shares authorized and 881,452 shares issued.