XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.21.2

Summary of Significant Accounting Policies (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Accounting Policies [Abstract] |
Disaggregation of Revenue | The following tables disaggregate the Company’s operating revenue by source for the three and nine months ended September 30, 2021 and 2020:
| Three Months Ended September 30
| 2021 |  | 2020
Revenue from contracts with customers | $ | 238,352 |  |  | $ | 222,474 |
Regulatory balancing account revenue (a) | 18,371 |  |  | 81,634 |
Total operating revenue | $ | 256,723 |  |  | $ | 304,108 |
| Nine Months Ended September 30
| 2021 |  | 2020
Revenue from contracts with customers | $ | 597,337 |  |  | $ | 529,804 |
Regulatory balancing account revenue (a) | 20,246 |  |  | 75,351 |
Total operating revenue | $ | 617,583 |  |  | $ | 605,155 |
(a) The adjustments for the Company’s Water Revenue Adjustment Mechanism (WRAM), Modified Cost Balancing Account (MCBA), Pension Cost Balancing Account (PCBA), and Health Cost Balancing Account (HCBA) for the first nine months ended September 30, 2020 were recorded in the three months ended September 30, 2020 as the Company received a proposed decision for its 2018 General Rate Case for Cal Water (2018 GRC) in October of 2020. The Company also recorded an adjustment for its interim rate memorandum account (IRMA) where it was authorized to track the effect of the delay in the resolution of the 2018 GRC on customer billings. In the following tables, revenue from contracts with customers is disaggregated by class of customers for the three and nine months ended September 30, 2021 and 2020:
| Three Months Ended September 30
| 2021 |  | 2020
Residential | $ | 164,311 |  |  | $ | 151,938 |
Business | 43,450 |  |  | 36,951 |
Industrial | 7,347 |  |  | 7,496 |
Public authorities | 14,126 |  |  | 12,862 |
Other (a) | 9,118 |  |  | 13,227 |
Total revenue from contracts with customers | $ | 238,352 |  |  | $ | 222,474 |
| Nine Months Ended September 30
| 2021 |  | 2020
Residential | $ | 400,653 |  |  | $ | 360,935 |
Business | 106,902 |  |  | 93,175 |
Industrial | 19,409 |  |  | 21,996 |
Public authorities | 30,886 |  |  | 26,470 |
Other (a) | 39,487 |  |  | 27,228 |
Total revenue from contracts with customers | $ | 597,337 |  |  | $ | 529,804 |
(a) Other includes accrued unbilled revenue. The following tables disaggregate the Company’s non-regulated revenue by source for the three and nine months ended September 30, 2021 and 2020:
| Three Months Ended September 30
| 2021 |  | 2020
Operating and maintenance revenue | $ | 4,110 |  |  | $ | 2,680 |
Other non-regulated revenue | 894 |  |  | 625 |
Non-regulated revenue from contracts with customers | 5,004 |  |  | 3,305 |
Lease revenue | 809 |  |  | 629 |
Total non-regulated revenue | $ | 5,813 |  |  | $ | 3,934 |
| Nine Months Ended September 30
| 2021 |  | 2020
Operating and maintenance revenue | $ | 12,122 |  |  | $ | 7,969 |
Other non-regulated revenue | 2,550 |  |  | 2,223 |
Non-regulated revenue from contracts with customers | 14,672 |  |  | 10,192 |
Lease revenue | 2,087 |  |  | 1,777 |
Total non-regulated revenue | $ | 16,759 |  |  | $ | 11,969 |
Financing Receivable, Allowance for Credit Loss | The following table presents the activity in the allowance for credit losses for the period ended September 30, 2021 and December 31, 2020:
Allowance for credit losses | September 30, 2021 |  | December 31, 2020
Beginning balance | $ | 5,246 |  |  | $ | 771 |
Provision for credit loss expense | (723) |  |  | 5,716 |
Write-offs | (2,118) |  |  | (1,730) |
Recoveries | 408 |  |  | 489 |
Total ending allowance balance | $ | 2,813 |  |  | $ | 5,246 |
Schedule of Cash and Cash Equivalents | The following table provides a reconciliation of cash, cash equivalents, and restricted cash within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown on the Condensed Consolidated Statements of Cash Flows:
| September 30, 2021 |  | December 31, 2020
Cash and cash equivalents | $ | 140,368 |  |  | $ | 44,555 |
Restricted cash (included in "taxes, prepaid expenses and other assets") | 1,026 |  |  | 574 |
Total cash, cash equivalents, and restricted cash shown in the statements of cash flows | $ | 141,394 |  |  | $ | 45,129 |
Schedule of Cash, Cash Equivalents, and Restricted Cash | The following table provides a reconciliation of cash, cash equivalents, and restricted cash within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown on the Condensed Consolidated Statements of Cash Flows:
| September 30, 2021 |  | December 31, 2020
Cash and cash equivalents | $ | 140,368 |  |  | $ | 44,555 |
Restricted cash (included in "taxes, prepaid expenses and other assets") | 1,026 |  |  | 574 |
Total cash, cash equivalents, and restricted cash shown in the statements of cash flows | $ | 141,394 |  |  | $ | 45,129 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123431023&loc=SL98516268-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration