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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule Of Quarterly Results Of Operations

A summary of the quarterly results of operations for the years 2016 and 2015 follows.  Amounts reflect all adjustments, consisting of only normal recurring accruals, necessary in the opinion of management for a fair statement of the results for the interim periods.  Results for the interim periods may fluctuate as a result of weather conditions, changes in rates, and other factors.

 

 

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Total

 

 

 

(in thousands)

 

Statement of Operations Data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

 

$

256,459

 

 

$

199,149

 

 

$

222,802

 

 

$

199,461

 

 

$

877,871

 

Operating Margin

 

 

12,224

 

 

 

9,884

 

 

 

9,022

 

 

 

14,062

 

 

 

45,192

 

Net Margin attributable to ODEC (1)

 

 

2,953

 

 

 

2,955

 

 

 

2,991

 

 

 

8,738

 

 

 

17,637

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

 

$

292,256

 

 

$

249,341

 

 

$

254,265

 

 

$

224,166

 

 

$

1,020,028

 

Operating Margin

 

 

15,193

 

 

 

14,214

 

 

 

13,297

 

 

 

6,249

 

 

 

48,953

 

Net Margin attributable to ODEC

 

 

2,894

 

 

 

2,992

 

 

 

3,005

 

 

 

2,988

 

 

 

11,879

 

 

 

(1)

For the fourth quarter of 2016, includes an equity contribution of $5.8 million.