XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
ASSETS    
Utility plant, at original cost less accumulated depreciation $ 374,025 $ 366,563
Current assets    
Cash and cash equivalents 577 617
Accounts receivable (less allowance for doubtful accounts 2013 - $244; 2012-$241) 5,872 5,728
Unbilled operating revenues 2,977 2,997
Materials and supplies 1,604 1,353
Prepaid property taxes 2,052 1,328
Prepaid expenses and other 1,583 1,457
Total current assets 14,665 13,480
Other assets    
Non-utility property (less accumulated depreciation 2013-$369; 2012-$309) 4,150 4,082
Other deferred assets 5,178 5,196
Total other assets 9,328 9,278
Regulatory assets, net 2,368 2,393
Total Assets 400,386 391,714
Stockholders' equity    
Common stock 8,793 8,710
Preferred stock 0 0
Additional paid-in capital 90,086 88,399
Retained earnings 20,617 21,071
Total stockholders' equity 119,496 118,180
Long-term debt, net of current portion 105,713 106,257
Total stockholders' equity and long term debt 225,209 224,437
Current liabilities    
Lines of credit 9,674 10,717
Overdraft payable 80 750
Current portion of long-term debt 1,130 1,111
Accounts payable 3,693 3,499
Dividends payable 1,836 0
Accrued expenses 4,660 3,430
Deferred income taxes 1,044 837
Accrued interest 1,251 1,138
Customer deposits 779 894
Other 2,285 2,563
Total current liabilities 26,432 24,939
Commitments and contingencies 0 0
Deferred credits and other liabilities    
Net advances for construction 12,215 13,023
Postretirement benefit obligation 374 374
Deferred investment tax credits 607 622
Utility plant retirement cost obligation 1,061 1,092
Deferred income taxes 48,085 45,879
Total deferred credits and other liabilities 62,342 60,990
Net contributions in aid of construction 86,403 81,348
Liabilities and Stockholders' equity $ 400,386 $ 391,714