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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

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