REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2023

REVENUE RECOGNITION [Abstract]

Disaggregation of 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, 2023		Three months ended March 31, 2022
Tariff Revenue
Consumption charges	$	10,447	$	10,566
Fixed fees		8,038		7,778
Service charges		180		156
DSIC		1,178		1,182
Metered wastewater services		106		140
Industrial wastewater services		446		407
Total Tariff Revenue	$	20,395	$	20,229
Non-Tariff Revenue
Service line protection plans	$	1,363	$	1,222
Contract operations		244		211
Design and installation		105		123
Inspection fees		78		41
Total Non-Tariff Revenue	$	1,790	$	1,597
Other Operating Revenue	$	310	$	361
Total Operating Revenue	$	22,495	$	22,187

Contract Assets and Contract Liabilities

Our contract assets and liabilities consist of the following:

(in thousands)	March 31, 2023		December 31, 2022
Contract Assets – Tariff	$	2,332	$	2,618
Deferred Revenue
Deferred Revenue – Tariff	$	1,241	$	1,231
Deferred Revenue – Non-Tariff		414		438
Total Deferred Revenue	$	1,655	$	1,669