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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Utility plant, at original cost less accumulated depreciation $ 362,611 $ 353,397
Current assets    
Cash and cash equivalents 512 311
Accounts receivable (less allowance for doubtful accounts 2012 - $225; 2011-$216) 5,596 4,997
Unbilled operating revenues 2,897 3,636
Materials and supplies 1,329 1,483
Prepaid property taxes 1,996 1,293
Prepaid expenses and other 1,408 1,530
Total current assets 13,738 13,250
Other assets    
Non utility property (less accumulated depreciation 2012-$477; 2011-$417) 4,215 4,214
Other deferred assets 5,250 5,142
Total other assets 9,465 9,356
Regulatory assets, net 2,539 2,734
Total Assets 388,353 378,737
Stockholders' equity    
Common stock 8,695 8,611
Preferred stock 0 0
Additional paid-in capital 87,806 86,311
Retained earnings 19,325 18,075
Total stockholders' equity 115,826 112,997
Long-term debt, net of current portion 105,729 106,539
Total stockholders' equity and long term debt 221,555 219,536
Current liabilities    
Lines of credit 10,549 11,740
Overdraft payable 788 365
Current portion of long-term debt 1,110 1,718
Accounts payable 3,485 2,784
Dividends payable 1,763 0
Accrued expenses 3,309 2,253
Deferred income taxes 1,067 772
Accrued interest 1,282 1,223
Customer deposits 924 942
Other 2,888 2,863
Total current liabilities 27,165 24,660
Commitments and contingencies 0 0
Deferred credits and other liabilities    
Net advances for construction 13,530 14,405
Postretirement benefit obligation 455 455
Deferred investment tax credits 627 643
Utility plant retirement cost obligation 1,118 0
Deferred income taxes 44,351 41,732
Total deferred credits and other liabilities 60,081 57,235
Net contributions in aid of construction 79,552 77,306
Liabilities and Stockholders' equity $ 388,353 $ 378,737