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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue    
Total revenue $ 1,624,921 $ 1,648,463
Expenses    
Expenses 471,989 472,466
Administrative expenses 56,802 52,710
Depreciation and amortization 284,304 260,772
Loss (gain) on foreign exchange 3,146 (58)
Costs and Expenses, Total 1,259,545 1,270,028
Operating income 365,376 378,435
Interest expense on long-term debt and others (181,488) (152,118)
Income (loss) from long-term investments (note 8) (399,092) 84,818
Other losses (44,026) (8,402)
Other net losses (note 19) 15,085 2,725
Gain (loss) on derivative financial instruments (note 24(b)(iv)) (16,113) 636
Nonoperating Income (Expense) 189,691 (245,974)
Earnings before income taxes 555,067 132,461
Income tax expense (note 18)    
Current (16,431) (11,347)
Deferred (53,686) (42,025)
Income tax expense (70,117) (53,372)
Net earnings 484,950 79,089
Net effect of non-controlling interests 62,416 108,521
Net effect of non-controlling interests held by related party (16,482) (2,622)
Net Income (Loss) Attributable To Noncontrolling Interest, Net Of Related Party 45,934 105,899
Net earnings attributable to shareholders of Algonquin Power & Utilities Corp. 530,884 184,988
Series A and D Preferred shares dividend (note 15) 8,486 8,027
Net earnings attributable to common shareholders of Algonquin Power & Utilities Corp. $ 522,398 $ 176,961
Basic net earnings per share (USD per share) $ 1.05 $ 0.38
Diluted net earnings per share (USD per share) $ 1.04 $ 0.38
Regulated electricity distribution    
Revenue    
Total revenue $ 784,396 $ 831,196
Expenses    
Expenses 247,417 265,166
Regulated gas distribution    
Revenue    
Total revenue 439,153 431,453
Expenses    
Expenses 170,487 183,012
Regulated water reclamation and distribution    
Revenue    
Total revenue 130,488 128,437
Expenses    
Expenses 8,142 8,796
Non-regulated energy sales    
Revenue    
Total revenue 246,601 235,359
Expenses    
Expenses 17,258 27,164
Other revenue    
Revenue    
Total revenue $ 24,283 $ 22,018