FAIR VALUE MEASUREMENTS: Level 3 (Tables)

6 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The table below presents information about IDACORP’s and Idaho Power’s assets and liabilities measured at fair value on a recurring basis as of June 30, 2019, and December 31, 2018 (in thousands).

	June 30, 2019								December 31, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Money market funds
IDACORP(1)	$	50,399	$	—	$	—	$	50,399	$	97,833	$	—	$	—	$	97,833
Idaho Power	30,981		—		—		30,981		79,228		—		—		79,228
Derivatives	4,088		197		—		4,285		3,655		—		—		3,655
Equity securities	34,795		—		—		34,795		36,488		—		—		36,488
Liabilities:
Derivatives	3,442		—		—		3,442		870		104		—		974

 (1) Holding company only. Does not include amounts held by Idaho Power.

Fair Value, by Balance Sheet Grouping [Table Text Block]

The table below presents the carrying value and estimated fair value of financial instruments that are not reported at fair value, as of June 30, 2019, and December 31, 2018, using available market information and appropriate valuation methodologies (in thousands).

	June 30, 2019				December 31, 2018
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
IDACORP
Assets:
Notes receivable(1)	$	3,804	$	3,804	$	3,804	$	3,804
Liabilities:
Long-term debt(1)	1,835,521		2,024,566		1,834,788		1,942,773
Idaho Power
Liabilities:
Long-term debt(1)	1,835,521		2,024,566		1,834,788		1,942,773

(1) Notes receivable and long-term debt are categorized as Level 3 and Level 2, respectively, of the fair value hierarchy, as defined earlier in this Note 11 - "Fair Value Measurements."