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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Utility plant, at original cost less accumulated depreciation $ 354,552 $ 353,397
Current assets    
Cash and cash equivalents 453 311
Accounts receivable (less allowance for doubtful accounts 2012 - $210; 2011-$216) 3,136 4,997
Unbilled operating revenues 4,110 3,636
Materials and supplies 1,434 1,483
Prepaid property taxes 651 1,293
Prepaid expenses and other 1,293 1,530
Total current assets 11,077 13,250
Other assets    
Non utility property (less accumulated depreciation 2012-$447; 2011-$417) 4,184 4,214
Other deferred assets 5,333 5,142
Total other assets 9,517 9,356
Regulatory assets, net 2,667 2,734
377,813 378,737
Stockholders' equity    
Common stock 8,642 8,611
Preferred stock 0 0
Additional paid-in capital 86,815 86,311
Retained earnings 18,917 18,075
Total stockholders' equity 114,374 112,997
Long-term debt, net of current portion 106,243 106,539
Total stockholders' equity and long term debt 220,617 219,536
Current liabilities    
Lines of credit 9,078 11,740
Overdraft payable 519 365
Current portion of long-term debt 1,724 1,718
Accounts payable 2,664 2,784
Accrued expenses 2,613 2,253
Deferred income taxes 456 772
Accrued interest 1,403 1,223
Customer deposits 984 942
Other 2,619 2,863
Total current liabilities 22,060 24,660
Commitments and contingencies 0 0
Deferred credits and other liabilities    
Net advances for construction 14,249 14,405
Postretirement benefit obligation 455 455
Deferred investment tax credits 637 643
Utility plant retirement cost obligation 1,151 0
Deferred income taxes 42,804 41,732
Total deferred credits and other liabilities 59,296 57,235
Net contributions in aid of construction 75,840 77,306
Liabilities and Stockholders' equity $ 377,813 $ 378,737