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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Operating Revenues $ 42,801 $ 39,683 $ 80,957 $ 75,879
Operating Expenses:        
Operations and Maintenance 21,204 19,557 41,462 38,695
Depreciation 6,184 5,670 12,170 11,292
Other Taxes 4,744 4,368 9,168 8,512
Total Operating Expenses 32,132 29,595 62,800 58,499
Gain on Sale of Subsidiary 5,232
Operating Income 10,669 10,088 18,157 22,612
Other Income:        
Allowance for Funds Used During Construction 852 548 1,665 926
Other Income 1,290 1,396 2,188 2,773
Total Other Income 2,142 1,944 3,853 3,699
Interest Charges 3,251 2,369 5,846 4,219
Income before Income Taxes 9,560 9,663 16,164 22,092
Income Taxes Expense (Benefit) (341) 795 397 1,124
Net Income 9,901 8,868 15,767 20,968
Preferred Stock Dividend Requirements 30 30 60 60
Earnings Applicable to Common Stock $ 9,871 $ 8,838 $ 15,707 $ 20,908
Earnings per share of Common Stock:        
Basic (in Dollars per share) $ 0.56 $ 0.5 $ 0.89 $ 1.19
Diluted (in Dollars per share) $ 0.55 $ 0.5 $ 0.88 $ 1.18
Common Shares Outstanding :        
Basic (in Shares) 17,713 17,583 17,683 17,560
Diluted (in Shares) 17,828 17,698 17,798 17,675