XML 46 R35.htm IDEA: XBRL DOCUMENT v3.23.3
Interest Rate Swap Agreement (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Interest Rate Swap Agreement [Abstract]          
Outstanding borrowings $ 170,450   $ 170,450   $ 142,110
Interest Rate Swap [Member]          
Interest Rate Swap Agreement [Abstract]          
Notional amount of swap $ 12,000   $ 12,000    
Fixed interest rate 3.16%   3.16%    
Net payment rate on swap 0.01% 1.78% 0.20% 2.43%  
Interest rate swap settlements reclassified from regulatory assets to interest expense $ 0 $ 52 $ 19 $ 220  
Overall interest rate swap (gain) loss (211) $ (357) (351) $ (1,132)  
Interest rate swap settlements to be reclassified during the next 12 months 13   13    
Potential payment to counterparty $ 372   $ 372    
Interest Rate Swap [Member] | LIBOR [Member]          
Interest Rate Swap Agreement [Abstract]          
Percentage of variable interest rate 59.00%   59.00%    
Term of variable rate     1 month    
Interest Rate Swap [Member] | SOFR [Member]          
Interest Rate Swap Agreement [Abstract]          
Percentage of variable interest rate 59.00%   59.00%    
Basis spread adjustment 0.11448%   0.11448%    
Variable Rate Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue Refunding Bonds, Series 2008A, due 2029 [Member]          
Interest Rate Swap Agreement [Abstract]          
Outstanding borrowings $ 12,000   $ 12,000   $ 12,000