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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
UTILITY PLANT:    
Water Production $ 129,118 $ 127,827
Transmission and Distribution 332,715 326,629
General 54,035 47,519
Construction Work in Progress 9,940 12,575
TOTAL 525,808 514,550
Less Accumulated Depreciation 95,832 92,351
UTILITY PLANT - NET 429,976 422,199
CURRENT ASSETS:    
Cash and Cash Equivalents 2,727 3,106
Accounts Receivable, net 10,232 11,280
Unbilled Revenues 6,193 4,842
Materials and Supplies (at average cost) 2,041 2,023
Prepayments 2,242 1,622
TOTAL CURRENT ASSETS 23,435 22,873
DEFERRED CHARGES AND OTHER ASSETS:    
Unamortized Debt Expense 2,550 2,611
Preliminary Survey and Investigation Charges 5,157 5,179
Regulatory Assets 66,338 67,302
Operations and Developer Contracts Receivable 2,147 5,300
Restricted Cash 5,838 3,260
Non-utility Assets - Net 9,106 8,182
Other 594 630
TOTAL DEFERRED CHARGES AND OTHER ASSETS 91,730 92,464
TOTAL ASSETS 545,141 537,536
CAPITALIZATION:    
Common Stock, No Par Value 142,592 141,432
Retained Earnings 35,168 35,549
TOTAL COMMON EQUITY 177,760 176,981
Preferred Stock 3,353 3,353
Long-term Debt 135,079 132,167
TOTAL CAPITALIZATION 316,192 312,501
CURRENT LIABILITIES:    
Current Portion of Long-term Debt 4,996 4,569
Notes Payable 25,250 24,250
Accounts Payable 4,797 5,706
Accrued Taxes 9,252 7,847
Accrued Interest 1,622 1,628
Unearned Revenues and Advanced Service Fees 743 734
Other 1,875 1,953
TOTAL CURRENT LIABILITIES 48,535 46,687
COMMITMENTS AND CONTINGENT LIABILITIES (Note 7)      
DEFERRED CREDITS AND OTHER LIABILITIES:    
Customer Advances for Construction 21,707 21,944
Accumulated Deferred Investment Tax Credits 1,107 1,146
Accumulated Deferred Income Taxes 37,753 37,022
Employee Benefit Plans 51,304 51,006
Regulatory Liability - Cost of Utility Plant Removal 8,405 8,029
Other 974 995
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES 121,250 120,142
CONTRIBUTIONS IN AID OF CONSTRUCTION 59,164 58,206
TOTAL CAPITALIZATION AND LIABILITIES $ 545,141 $ 537,536