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Goodwill
9 Months Ended
Sep. 30, 2025
Goodwill [Abstract]  
Goodwill Note 6 – Goodwill 

The following table summarizes the changes in the Company’s goodwill, by business segment: 

Regulated Water

Regulated Natural Gas

Other

Consolidated

Balance at December 31, 2024

$

58,425

$

2,277,447

$

4,841

$

2,340,713

Goodwill acquired

7,850

-

-

7,850

Reclassification to utility plant acquisition adjustment

(4)

-

-

(4)

Balance at September 30, 2025

$

66,271

$

2,277,447

$

4,841

$

2,348,559

One of our subsidiaries in the Regulated Water segment has a mechanism that allows the reclassification of goodwill to utility plant acquisition adjustment. The mechanism provides for the transfer over time, and the recovery through customer rates, of goodwill associated with some acquisitions upon achieving specific objectives.