COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of commitments future minimum payments due

The commitments are noted in the table below.

	Water Supply Contracts*
2020	$	34,550
2021	34,550
2022	34,551
2023	34,551
2024	34,549
Thereafter	604,342

_______________________________________________________________________________

*    Estimated annual contractual obligations are based on the same payment levels as 2019.

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

	As of December 31, 2019
Operating leases
Other assets: Other	$	14,402
Other accrued liabilities	$	1,452
Other long-term liabilities	12,928
Total operating lease liabilities	$	14,380
Finance leases
Depreciable plant and equipment	$	18,207
Accumulated depreciation and amortization	(9,644		)
Net utility plant	$	8,563
Current maturities of long-term debt, net	$	680
Long-term debt, net	5,205
Total finance lease liabilities	$	5,885
Weighted average remaining lease term
Operating leases	152 months
Finance leases	76 months
Weighted average discount rate
Operating leases	3.7		%
Finance leases	5.5		%

Components of lease expense

The components of lease expense were as follows:

	2019
Operating lease cost	$	1,874
Finance lease cost:
Amortization of right-of-use assets	$	1,210
Interest on lease liabilities	347
Total finance lease cost	$	1,557
Short-term lease cost	$	1,700
Variable lease cost	264
Total lease cost	$	5,395

Supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows:

	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,820
Operating cash flows from finance leases	347
Financing cash flows from finance leases	672
Non-cash activities: right-of-use assets obtained in exchange for lease obligations:
Operating leases	2,109
Finance leases	672

Maturities of lease liabilities

Maturities of lease liabilities as of December 31, 2019 are as follows:

Year Ending December 31,	Operating Leases			Finance Leases
2020	$	1,951		$	986
2021	1,734			987
2022	1,578			987
2023	1,459			1,506
2024	1,318			940
Thereafter	10,205			1,645
Total lease payments	$	18,245		$	7,051
Less imputed interest	$	(3,865	)	$	(1,166	)
Total	$	14,380		$	5,885

Maturities of lease liabilities

Maturities of lease liabilities as of December 31, 2019 are as follows:

Year Ending December 31,	Operating Leases			Finance Leases
2020	$	1,951		$	986
2021	1,734			987
2022	1,578			987
2023	1,459			1,506
2024	1,318			940
Thereafter	10,205			1,645
Total lease payments	$	18,245		$	7,051
Less imputed interest	$	(3,865	)	$	(1,166	)
Total	$	14,380		$	5,885

Future minimum lease payments

As previously disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018 and under the previous lease accounting standard, minimum lease payments, as of December 31, 2018, under non-cancelable operating leases by period were expected to be as follows:

	Operating Leases
2019	$	1,771
2020	1,709
2021	1,485
2022	1,355
2023	1,261
Thereafter	10,538
Total	$	18,119