XML 19 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Utility plant, at original cost (less accumulated depreciation 2015-$102,091; 2014-$97,932) $ 398,923 $ 393,793
Current assets    
Cash and cash equivalents 360 243
Accounts receivable (less allowance for doubtful accounts 2015 - $339; 2014 - $250) 5,943 5,065
Income tax receivable 1,784 3,068
Unbilled operating revenues 1,954 3,314
Materials and supplies 1,759 1,890
Prepaid property taxes 3 1,401
Prepaid expenses and other 2,032 1,667
Total current assets 13,835 16,648
Other assets    
Non-utility property (less accumulated depreciation 2015 - $497; 2014 - $468) 3,997 4,030
Other deferred assets, net 5,277 5,181
Total other assets 9,274 9,211
Regulatory assets, net 2,538 2,561
Total Assets 424,570 422,213
Stockholders' equity    
Common stock 8,929 8,912
Preferred stock 0 0
Additional paid-in capital 92,938 92,545
Retained earnings 26,053 24,148
Total stockholders' equity 127,920 125,605
Long-term debt, net of current portion 104,295 104,954
Total stockholders' equity and long term debt 232,215 230,559
Current liabilities    
Lines of credit 13,816 18,491
Overdraft payable 537 141
Current portion of long-term debt 1,276 1,245
Accounts payable 2,617 3,783
Accrued expenses 1,731 1,513
Deferred income taxes 397 812
Accrued interest 1,036 1,428
Customer deposits 726 713
Other 3,583 2,066
Total current liabilities 25,719 30,192
Commitments and contingencies 0 0
Deferred credits and other liabilities    
Net advances for construction 9,671 10,228
Postretirement benefit obligation 268 268
Deferred investment tax credits 572 581
Utility plant retirement cost obligation 919 913
Deferred income taxes 59,306 57,043
Total deferred credits and other liabilities 70,736 69,033
Net contributions in aid of construction 95,900 92,429
Liabilities and Stockholders' equity $ 424,570 $ 422,213