Risk Management Activities (Details) (USD $)
|
6 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2013
|
Jun. 30, 2012
|
Dec. 31, 2012
|
||||||||||||
Derivative [Line Items] | ||||||||||||||
Credit Exposure, Non-Investment Grade Company | $ 600,000 | |||||||||||||
Derivative assets, current | 903,000 | 16,595,000 | 3,236,000 | |||||||||||
Derivative assets, non-current | 0 | 1,770,000 | 510,000 | |||||||||||
Derivative liabilities, current | 69,270,000 | 85,675,000 | 96,541,000 | |||||||||||
Derivative liabilities, non-current | 12,384,000 | 42,077,000 | 16,941,000 | |||||||||||
Cash Collateral included in other current assets or other liabilities | 4,094,000 | 318,000 | 6,141,000 | |||||||||||
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative liabilities, current | 6,965,000 | 6,766,000 | 7,039,000 | |||||||||||
Derivative liabilities, non-current | 12,384,000 | 18,976,000 | 16,941,000 | |||||||||||
Accumulated Other Comprehensive Income (Loss) Pre Tax | (19,349,000) | (25,742,000) | (23,980,000) | |||||||||||
Cash collateral receivable (payable) included in derivatives | 0 | 0 | 0 | |||||||||||
Derivative, Remaining Maturity | 3 years 6 months | 4 years 6 months | 4 years | |||||||||||
Notional Amount, Interest Rate Derivatives | 150,000,000 | [1] | 150,000,000 | [1] | 150,000,000 | [1] | ||||||||
Weighted Average Fixed Interest Rate | 5.04% | 5.04% | 5.04% | |||||||||||
Pre-tax gain (loss) included in Consolidated Statement of Income | 0 | 0 | 0 | |||||||||||
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net | (7,000,000) | |||||||||||||
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative liabilities, current | 61,899,000 | 78,001,000 | 88,148,000 | |||||||||||
Derivative liabilities, non-current | 0 | 15,336,000 | 0 | |||||||||||
Accumulated Other Comprehensive Income (Loss) Pre Tax | 0 | 0 | 0 | |||||||||||
Cash collateral receivable (payable) included in derivatives | 5,960,000 | 6,160,000 | 5,960,000 | |||||||||||
Derivative, Remaining Maturity | 0 years 6 months | 1 year 6 months | 1 year | |||||||||||
Notional Amount, Interest Rate Derivatives | 250,000,000 | [2] | 250,000,000 | [2] | 250,000,000 | [2] | ||||||||
Weighted Average Fixed Interest Rate | 5.67% | 5.67% | 5.67% | |||||||||||
Pre-tax gain (loss) included in Consolidated Statement of Income | 26,249,000 | (3,507,000) | 1,882,000 | |||||||||||
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Dedesignated Interest Rate Swap Expiring 2018 [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Remaining Maturity | 5 years 6 months | |||||||||||||
Notional Amount, Interest Rate Derivatives | 100,000,000 | |||||||||||||
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Dedesignated Interest Rate Swaps Expiring 2028 [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Remaining Maturity | 15 years 6 months | |||||||||||||
Notional Amount, Interest Rate Derivatives | 150,000,000 | |||||||||||||
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Credit Risk [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Notional Amount, Interest Rate Derivatives | 50,000,000 | |||||||||||||
Potential Future Exposure on Credit Related Contingent Feature | 20,000,000 | |||||||||||||
Black Hills Corporation [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Notional Amount, Interest Rate Derivatives | 75,000,000 | |||||||||||||
Utilities Group [Member] | Natural Gas, Distribution [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative assets, current | 0 | 9,726,000 | 0 | |||||||||||
Derivative assets, non-current | 0 | 199,000 | 43,000 | |||||||||||
Derivative liabilities, non-current | 0 | 6,453,000 | 0 | |||||||||||
Cash collateral receivable (payable) included in derivatives | 7,203,000 | 15,925,000 | 8,576,000 | |||||||||||
Cash Collateral included in other current assets or other liabilities | 2,938,000 | 0 | 4,354,000 | |||||||||||
Net Unrealized (Gain) Loss Included in Regulatory Assets or Regulatory liabilities | 8,450,000 | 13,691,000 | 9,596,000 | |||||||||||
Option Premium and commission included in Derivatives | 1,247,000 | 1,238,000 | 1,063,000 | |||||||||||
Utilities Group [Member] | Future [Member] | Purchase Contract [Member] | Natural Gas, Distribution [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Nonmonetary Notional Amount | 13,330,000 | 12,440,000 | 15,350,000 | |||||||||||
Derivative, Remaining Maturity | 77 months | 78 months | 83 months | |||||||||||
Utilities Group [Member] | Commodity Option [Member] | Purchase Contract [Member] | Natural Gas, Distribution [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Nonmonetary Notional Amount | 2,850,000 | 2,840,000 | 2,430,000 | |||||||||||
Derivative, Remaining Maturity | 5 months | 9 months | 2 months | |||||||||||
Utilities Group [Member] | Basis Swap [Member] | Purchase Contract [Member] | Natural Gas, Distribution [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Nonmonetary Notional Amount | 10,650,000 | 7,270,000 | 12,020,000 | |||||||||||
Derivative, Remaining Maturity | 66 months | 78 months | 72 months | |||||||||||
Oil and Gas [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | 700,000 | |||||||||||||
Oil and Gas [Member] | Crude Oil [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Cash collateral receivable (payable) included in derivatives | (142,000) | 613,000 | 786,000 | |||||||||||
Cash Collateral included in other current assets or other liabilities | (149,000) | 267,000 | 1,078,000 | |||||||||||
Oil and Gas [Member] | Natural Gas [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Cash collateral receivable (payable) included in derivatives | (1,419,000) | 553,000 | 620,000 | |||||||||||
Cash Collateral included in other current assets or other liabilities | (1,007,000) | 51,000 | 709,000 | |||||||||||
Oil and Gas [Member] | Swaps, Options and Futures [Member] | Crude Oil [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Nonmonetary Notional Amount | 520,500 | [3] | 672,000 | [3] | 528,000 | [3] | ||||||||
Maximum Length of Time Hedged in Cash Flow Hedge | 0 years 6 months | [4] | 1 year 6 months | [4] | 1 year | [4] | ||||||||
Derivative assets, current | 610,000 | 2,483,000 | 1,405,000 | |||||||||||
Derivative assets, non-current | 0 | 1,316,000 | 297,000 | |||||||||||
Derivative liabilities, current | 130,000 | 456,000 | 847,000 | |||||||||||
Derivative liabilities, non-current | 0 | 981,000 | 0 | |||||||||||
Accumulated Other Comprehensive Income (Loss) Pre Tax | 827,000 | 1,727,000 | 206,000 | |||||||||||
Oil and Gas [Member] | Swaps and Futures [Member] | Natural Gas [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Derivative, Nonmonetary Notional Amount | 10,712,500 | [3] | 9,020,500 | [3] | 8,215,500 | [3] | ||||||||
Maximum Length of Time Hedged in Cash Flow Hedge | 0 years 1 month | [4] | 1 year 3 months | [4] | 0 years 9 months | [4] | ||||||||
Derivative assets, current | 293,000 | 4,386,000 | 1,831,000 | |||||||||||
Derivative assets, non-current | 0 | 255,000 | 170,000 | |||||||||||
Derivative liabilities, current | 276,000 | 452,000 | 507,000 | |||||||||||
Derivative liabilities, non-current | 0 | 331,000 | 0 | |||||||||||
Accumulated Other Comprehensive Income (Loss) Pre Tax | 1,415,000 | 3,305,000 | 873,000 | |||||||||||
Power Generation [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
|
||||||||||||||
Derivative [Line Items] | ||||||||||||||
Notional Amount, Interest Rate Derivatives | $ 75,000,000 | |||||||||||||
|