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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Utility plant, at original cost less accumulated depreciation $ 359,055 $ 353,397
Current assets    
Cash and cash equivalents 391 311
Accounts receivable (less allowance for doubtful accounts) 4,692 4,997
Unbilled operating revenues 2,868 3,636
Materials and supplies 1,431 1,483
Prepaid property taxes 2 1,293
Prepaid expenses and other 1,550 1,530
Total current assets 10,934 13,250
Other assets    
Non utility property (less accumulated depreciation) 4,160 4,214
Other deferred assets 5,301 5,142
Total other assets 9,461 9,356
Regulatory assets, net 2,602 2,734
Total Assets 382,052 378,737
Stockholders' equity    
Common stock 8,660 8,611
Preferred stock 0 0
Additional paid-in capital 87,152 86,311
Retained earnings 19,955 18,075
Total stockholders' equity 115,767 112,997
Long-term debt, net of current portion 106,043 106,539
Total stockholders' equity and long term debt 221,810 219,536
Current liabilities    
Lines of credit 8,754 11,740
Overdraft payable 1,334 365
Current portion of long-term debt 1,726 1,718
Accounts payable 2,945 2,784
Accrued expenses 2,476 2,253
Deferred income taxes 370 772
Accrued interest 1,266 1,223
Customer deposits 955 942
Other 3,200 2,863
Total current liabilities 23,026 24,660
Commitments and contingencies 0 0
Deferred credits and other liabilities    
Net advances for construction 13,913 14,405
Postretirement benefit obligation 455 455
Deferred investment tax credits 632 643
Utility plant retirement cost obligation 1,148 0
Deferred income taxes 43,786 41,732
Total deferred credits and other liabilities 59,934 57,235
Net contributions in aid of construction 77,282 77,306
Liabilities and Stockholders' equity $ 382,052 $ 378,737