XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.25.3

ACCOUNTS RECEIVABLE | 9 Months Ended
--- | ---
Sep. 30, 2025
ACCOUNTS RECEIVABLE [Abstract] |
ACCOUNTS RECEIVABLE | NOTE 4 – ACCOUNTS RECEIVABLE Accounts receivable are recorded at the invoiced amounts. As set forth in a settlement agreement, Artesian Water received reimbursements from the Delaware Sand and Gravel Remedial Trust, or Trust, for Artesian Water’s past capital and operating costs, totaling approximately $10.0 million, related to the treatment costs associated with the release of contaminants from the Delaware Sand & Gravel Landfill Superfund Site, or Site, in groundwater that Artesian Water uses for public potable water supply. The full amount of $10.0 million has been paid to us, in four installments of approximately $2.5 million each, in August 2022, July 2023, July 2024 and July 2025. In addition, from July 1, 2021 onward the Trust shall reimburse Artesian Water for documented reasonable and necessary capital and operating costs that Artesian Water incurs to treat contaminants of concern and of emerging concern. A provision for expected credit loss is calculated as a percentage of total associated revenues based upon historical trends and adjusted for current and reasonable projections based upon expected economic conditions. We mitigate our exposure to credit losses by discontinuing services in the event of non-payment; accordingly, the related provision for expected credit loss and associated bad debt expense has not been significant. The following table summarizes the changes in the Company’s accounts receivable balance:
(in thousands) |  | September 30, 2025 |  |  | December 31, 2024 |  |  | December 31, 2023 |
Customer accounts receivable – water | $ | 6,706 |  | $ | 6,824 |  | $ | 6,573 |
Customer accounts receivable – wastewater |  | 749 |  |  | 928 |  |  | 869 |
Customer accounts receivable – SLP Plan |  | 457 |  |  | 470 |  |  | 409 |
Settlement agreement receivable – short term |  | - |  |  | 2,523 |  |  | 2,747 |
Developer receivable |  | 518 |  |  | 837 |  |  | 2,089 |
Miscellaneous accounts receivable |  | 137 |  |  | 100 |  |  | 471 |
|  | 8,567 |  |  | 11,682 |  |  | 13,158 |
Less: provision for expected credit loss |  | 406 |  |  | 343 |  |  | 328 |
Net accounts receivable | $ | 8,161 |  | $ | 11,339 |  | $ | 12,830 |

X
- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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