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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
UTILITY PLANT:    
Water Production $ 143,353 $ 142,794
Transmission and Distribution 401,011 398,363
General 61,617 61,322
Construction Work in Progress 9,528 5,734
TOTAL 615,509 608,213
Less Accumulated Depreciation 129,041 126,343
UTILITY PLANT - NET 486,468 481,870
CURRENT ASSETS:    
Cash and Cash Equivalents 3,646 3,469
Accounts Receivable, net 9,530 10,060
Unbilled Revenues 6,539 6,246
Materials and Supplies (at average cost) 2,895 2,600
Prepayments 1,992 2,035
TOTAL CURRENT ASSETS 24,602 24,410
DEFERRED CHARGES AND OTHER ASSETS:    
Preliminary Survey and Investigation Charges 2,278 2,199
Regulatory Assets 58,271 58,552
Operations Contracts, Developer and Other Receivables 2,902 2,921
Restricted Cash 439 439
Non-utility Assets - Net 9,254 9,199
Federal Income Tax Receivable 1,408 1,408
Other 341 385
TOTAL DEFERRED CHARGES AND OTHER ASSETS 74,893 75,103
TOTAL ASSETS 585,963 581,383
CAPITALIZATION:    
Common Stock, No Par Value 151,337 150,763
Retained Earnings 57,459 55,931
TOTAL COMMON EQUITY 208,796 206,694
Preferred Stock 2,436 2,436
Long-term Debt 131,445 132,908
TOTAL CAPITALIZATION 342,677 342,038
CURRENT LIABILITIES:    
Current Portion of Long-term Debt 5,691 5,739
Notes Payable 2,000 3,000
Accounts Payable 6,500 6,525
Accrued Taxes 12,877 9,126
Accrued Interest 418 1,104
Unearned Revenues and Advanced Service Fees 890 880
Other 2,159 1,945
TOTAL CURRENT LIABILITIES $ 30,535 $ 28,319
COMMITMENTS AND CONTINGENT LIABILITIES (Note 7)
DEFERRED CREDITS AND OTHER LIABILITIES:    
Customer Advances for Construction $ 20,174 $ 20,461
Accumulated Deferred Investment Tax Credits 812 832
Accumulated Deferred Income Taxes 68,950 67,702
Employee Benefit Plans 36,119 36,515
Regulatory Liability - Cost of Utility Plant Removal 11,034 10,876
Other 2,006 1,597
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES 139,095 137,983
CONTRIBUTIONS IN AID OF CONSTRUCTION 73,656 73,043
TOTAL CAPITALIZATION AND LIABILITIES $ 585,963 $ 581,383