OTHER DEFERRED ASSETS (Tables)

3 Months Ended

Mar. 31, 2024

OTHER DEFERRED ASSETS [Abstract]

Other Deferred Assets

The investment in CoBank, ACB, or CoBank, which is a cooperative bank, is related to certain outstanding First Mortgage Bonds and is a required investment in the bank based on the underlying long-term debt agreements. The settlement agreement receivable is related to the long-term portion of reimbursements due in years 2024 and 2025 as further discussed in Note 4 - Accounts Receivable.

(in thousands)	March 31, 2024		December 31, 2023
Investment in CoBank	$	6,425	$	5,882
Settlement agreement receivable-long term		2,496		2,496
Other deferred assets		134		126
	$	9,055	$	8,504