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REVENUE RECOGNITION (Tables) | 6 Months Ended
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Jun. 30, 2025
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 Three Months | For the Six Months
| Ended June 30, | Ended June 30,
(in thousands) |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Tariff Revenue |  |  |  |  |  |  |  |  |  |  |  |
Consumption charges | $ | 15,454 |  | $ | 15,176 |  | $ | 28,476 |  | $ | 27,486 |
Fixed fees |  | 9,335 |  |  | 9,102 |  |  | 18,600 |  |  | 18,422 |
Service charges |  | 178 |  |  | 178 |  |  | 359 |  |  | 380 |
DSIC |  | 235 |  |  | - |  |  | 534 |  |  | - |
Metered wastewater services |  | 213 |  |  | 205 |  |  | 400 |  |  | 344 |
Industrial wastewater services |  | 500 |  |  | 524 |  |  | 932 |  |  | 923 |
Total Tariff Revenue | $ | 25,915 |  | $ | 25,185 |  | $ | 49,301 |  | $ | 47,555 |
Non-Tariff Revenue |  |  |  |  |  |  |  |  |  |  |  |
Service line protection plans | $ | 1,614 |  | $ | 1,424 |  | $ | 3,245 |  | $ | 2,854 |
Contract operations |  | 249 |  |  | 238 |  |  | 501 |  |  | 505 |
Design and installation |  | 3 |  |  | 5 |  |  | 7 |  |  | 59 |
Inspection fees |  | 144 |  |  | 136 |  |  | 316 |  |  | 212 |
Total Non-Tariff Revenue | $ | 2,010 |  | $ | 1,803 |  | $ | 4,069 |  | $ | 3,630 |
Other Operating Revenue | $ | 624 |  | $ | 428 |  | $ | 1,065 |  | $ | 775 |
Total Operating Revenue | $ | 28,549 |  | $ | 27,416 |  | $ | 54,435 |  | $ | 51,960 |
Contract Assets and Contract Liabilities | Our contract assets and liabilities consist of the following:
(in thousands) |  | June 30, 2025 |  |  | December 31, 2024 |
Contract Assets – Tariff | $ | 3,892 |  | $ | 3,030 |
Deferred Revenue |  |  |  |  |  |
Deferred Revenue – Tariff | $ | 1,462 |  | $ | 1,385 |
Deferred Revenue – Non-Tariff |  | 765 |  |  | 714 |
Total Deferred Revenue | $ | 2,227 |  | $ | 2,099 |

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- 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
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- 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
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