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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2020 - $147,469,; 2019 - $136,588) $ 559,561 $ 530,721
Current assets    
Cash and cash equivalents 28 596
Accounts receivable (less allowance for doubtful accounts 2020 - $862; 2019-$264) 10,162 6,913
Income tax receivable 629 19
Unbilled operating revenues 1,166 1,211
Materials and supplies 1,535 1,264
Prepaid property taxes 1,891 1,954
Prepaid expenses and other 2,208 2,250
Total current assets 17,619 14,207
Other assets    
Non-utility property (less accumulated depreciation - 2020- $865; 2019 - $790) 3,796 3,812
Other deferred assets 5,309 4,257
Operating lease right of use assets 460 480
Total other assets 9,565 8,549
Regulatory assets, net 6,473 6,891
Total assets 593,218 560,368
Stockholders' equity    
Common stock 9,357 9,292
Preferred stock 0 0
Additional paid-in capital 103,463 101,811
Retained earnings 56,606 49,165
Total stockholders' equity 169,426 160,268
Long-term debt, net of current portion 142,333 144,156
Total stockholders' equity and long-term debt 311,759 304,424
Current liabilities    
Lines of credit 26,813 7,500
Current portion of long-term debt 1,757 1,706
Accounts payable 6,341 8,176
Accrued expenses 3,414 3,113
Overdraft payable 105 15
Accrued interest 930 830
Income taxes payable 237 343
Customer and other deposits 2,060 1,970
OtherLiabilitiesCurrent 2,067 1,946
Total current liabilities 43,724 25,599
Commitments and contingencies (Note 11)
Deferred credits and other liabilities    
Net advances for construction 4,578 5,421
OperatingLeaseLiabilityNoncurrent 432 450
Regulatory liabilities 21,681 22,246
Deferred investment tax credits 473 490
Deferred income taxes 50,313 52,259
Total deferred credits and other liabilities 77,477 80,866
Net contributions in aid of construction 160,258 149,479
Total Liabilities and Stockholders' Equity $ 593,218 $ 560,368