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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ 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 8,368,000 [1],[2],[3] 882,000 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income       14,925 14,925
Cash dividends declared          
Common stock       (9,122) (9,122)
Issuance of common stock          
Dividend reinvestment plan $ 11   389   $ 400
Dividend reinvestment plan (in shares) 11,000 [1],[2],[3]       11,000
Employee stock options and awards [3] $ 21   426   $ 447
Employee stock options and awards (in shares) [1],[2],[3] 21,000        
Employee Retirement Plan [1] $ 10   357   367
Employee Retirement Plan (in shares) [1],[2],[3] 10,000        
Balance at Dec. 31, 2019 $ 8,410 $ 882 101,811 49,165 160,268
Balance (in shares) at Dec. 31, 2019 8,410,000 [1],[2],[3] 882,000 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income       16,817 16,817
Cash dividends declared          
Common stock       (9,376) (9,376)
Issuance of common stock          
Dividend reinvestment plan $ 11   377   $ 388
Dividend reinvestment plan (in shares) 11,000 [1],[2],[3]       11,000
Employee stock options and awards [3] $ 42   832   $ 874
Employee stock options and awards (in shares) [1],[2],[3] 42,000        
Employee Retirement Plan [1] $ 12   443   455
Employee Retirement Plan (in shares) [1],[2],[3] 12,000        
Balance at Dec. 31, 2020 $ 8,475 $ 882 103,463 56,606 169,426
Balance (in shares) at Dec. 31, 2020 8,475,000 [1],[2],[3] 882,000 [4]      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income       16,827 16,827
Cash dividends declared          
Common stock       (9,826) (9,826)
Issuance of common stock          
Dividend reinvestment plan $ 10   382   $ 392
Dividend reinvestment plan (in shares) 10,000 [1],[2],[3]       10,000
Employee stock options and awards [3] $ 38   790   $ 828
Employee stock options and awards (in shares) [1],[2],[3] 38,000        
Employee Retirement Plan [1] $ 9   354   363
Employee Retirement Plan (in shares) [1],[2],[3] 9,000        
Balance at Dec. 31, 2021 $ 8,532 $ 882 $ 104,989 $ 63,607 $ 178,010
Balance (in shares) at Dec. 31, 2021 8,532,000 [1],[2],[3] 882,000 [4]      
[1] Artesian Resources Corporation registered 200,000 shares of Class A Common Stock, subsequently adjusted for stock splits, available for purchase through the Artesian Retirement Plan and the Artesian Supplemental Retirement Plan.
[2] At December 31, 2021, 2020, and 2019, Class A Common Stock had 15,000,000 shares authorized.  For the same periods, shares issued, inclusive of treasury shares, were 8,561,772, 8,504,429 and 8,439,223, respectively.
[3] Under the Equity Compensation Plan, effective December 9, 2015, Artesian Resources Corporation authorized up to 331,500 shares of Class A Common Stock for issuance of grants in forms of stock options, stock units, dividend equivalents and other stock-based awards, subject to adjustment in certain circumstances as discussed in the Plan. Includes stock compensation expense for the years ended December 31, 2021, 2020, and 2019, see Note 1-Stock Compensation Plans.
[4] At December 31, 2021, 2020, and 2019, Class B Common Stock had 1,040,000 shares authorized and 882,000 shares issued.