XML 46 R30.htm IDEA: XBRL DOCUMENT
v3.25.1

REVENUE RECOGNITION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
REVENUE RECOGNITION [Abstract] |
Disaggregation of Revenues | The following table shows the Company’s revenues disaggregated by service type; all revenues are generated within a similar geographical location:
|  | For the Year Ended December 31, |
(in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Tariff Revenue |  |  |  |  |  |  |  |  |
Consumption charges |  | $ | 58,477 |  |  | $ | 49,051 |  |  | $ | 47,809 |
Fixed fees |  |  | 36,825 |  |  |  | 33,074 |  |  |  | 31,431 |
Service charges |  |  | 735 |  |  |  | 682 |  |  |  | 597 |
DSIC |  |  | 136 |  |  |  | 4,727 |  |  |  | 5,085 |
Metered wastewater services |  |  | 809 |  |  |  | 602 |  |  |  | 649 |
Industrial wastewater services |  |  | 1,859 |  |  |  | 1,851 |  |  |  | 1,853 |
Total Tariff Revenue |  | $ | 98,841 |  |  | $ | 89,987 |  |  | $ | 87,424 |
Non-Tariff Revenue |  |  |  |  |  |  |  |  |
Service line protection plans |  | $ | 5,825 |  |  | $ | 5,632 |  |  | $ | 5,020 |
Contract operations |  |  | 1,047 |  |  |  | 1,046 |  |  |  | 931 |
Design and installation |  |  | 62 |  |  |  | 181 |  |  |  | 3,315 |
Inspection fees |  |  | 410 |  |  |  | 424 |  |  |  | 326 |
Total Non-Tariff Revenue |  | $ | 7,344 |  |  | $ | 7,283 |  |  | $ | 9,592 |
Other Operating Revenue |  | $ | 1,767 |  |  | $ | 1,591 |  |  | $ | 1,881 |
Total Operating Revenue |  | $ | 107,952 |  |  | $ | 98,861 |  |  | $ | 98,897 |
Contract Assets and Contract Liabilities | Our contract assets and liabilities consist of the following:
(in thousands) |  | December 31, 2024 |  |  | December 31, 2023 |  |  | December 31, 2022 |
Contract Assets – Tariff |  | $ | 3,030 |  |  | $ | 3,043 |  |  | $ | 2,618 |
Deferred Revenue |  |  |  |  |  |  |  |  |  |  |  |
Deferred Revenue – Tariff |  | $ | 1,385 |  |  | $ | 1,300 |  |  | $ | 1,231 |
Deferred Revenue – Non-Tariff |  |  | 714 |  |  |  | 539 |  |  |  | 438 |
Total Deferred Revenue |  | $ | 2,099 |  |  | $ | 1,839 |  |  | $ | 1,669 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration