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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2019 - $134,310,; 2018 - $126,114) $ 518,636 $ 498,678
Current assets    
Cash and cash equivalents 458 293
Accounts receivable (less allowance for doubtful accounts - 2019 - $254; 2018 - $232) 6,647 8,159
Income tax receivable 182 772
Unbilled operating revenues 1,424 1,441
Materials and supplies 1,275 1,459
Prepaid property taxes 2,672 1,870
Prepaid expenses and other 2,197 2,124
Total current assets 14,855 16,118
Other assets    
Non-utility property (less accumulated depreciation - 2019- $780; 2018 - $734) 3,819 3,849
Other deferred assets 4,205 3,931
Operating lease right of use asset 489 0
Total other assets 8,513 7,780
Regulatory assets, net 6,933 7,254
Total Assets 548,937 529,830
Stockholders' equity    
Common stock 9,284 9,250
Preferred stock 0 0
Additional paid-in capital 101,552 100,639
Retained earnings 46,067 43,362
Total stockholders' equity 156,903 153,251
Long-term debt, net of current portion 114,558 115,862
Total stockholders' equity and long term debt 271,461 269,113
Current liabilities    
Lines of credit 31,693 15,942
Current portion of long-term debt 1,671 1,725
Dividends payable 2,317 0
Accounts payable 4,950 8,187
Accrued expenses 2,561 3,902
Overdraft payable 51 117
Accrued interest 1,229 784
Income taxes payable 732 0
Customer deposits 1,074 1,044
Revenue reserve for refund 0 3,298
Other 3,969 2,732
Total current liabilities 50,247 37,731
Commitments and contingencies
Deferred credits and other liabilities    
Net advances for construction 5,814 6,596
Operating lease liabilities 459 0
Regulatory liabilities 22,452 22,813
Deferred investment tax credits 495 508
Deferred income taxes 53,224 55,054
Total deferred credits and other liabilities 82,444 84,971
Net contributions in aid of construction 144,785 138,015
Total Liabilities and Stockholders' Equity $ 548,937 $ 529,830