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MGE Energy Inc Consolidated Statements of Common Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Beginning balance, shares at Dec. 31, 2022   36,163,000      
Beginning balance, value at Dec. 31, 2022 $ 1,081,674 $ 36,163 $ 395,657 $ 649,854 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 97,616     97,616  
Common stock dividends declared (44,933)     (44,933)  
Issuance of common stock, net 0        
Equity-based compensation plans and other 896   896    
Ending balance, shares at Sep. 30, 2023   36,163,000      
Ending balance, value at Sep. 30, 2023 1,135,253 $ 36,163 396,553 702,537 0
Beginning balance, shares at Jun. 30, 2023   36,163,000      
Beginning balance, value at Jun. 30, 2023 1,112,584 $ 36,163 396,281 680,140 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 37,857     37,857  
Common stock dividends declared (15,460)     (15,460)  
Equity-based compensation plans and other 272   272    
Ending balance, shares at Sep. 30, 2023   36,163,000      
Ending balance, value at Sep. 30, 2023 1,135,253 $ 36,163 396,553 702,537 0
Beginning balance, shares at Dec. 31, 2023   36,163,000      
Beginning balance, value at Dec. 31, 2023 1,140,073 $ 36,163 396,750 707,160 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 98,547     98,547  
Common stock dividends declared $ (47,210)     (47,210)  
Stock Issued During Period, Shares, Dividend Reinvestment Plan 29,176 29,000      
Stock Issued During Period, Value, Dividend Reinvestment Plan $ 2,591 $ 29 2,562    
Equity-based compensation plans and other - Shares   13,000      
Issuance of common stock, net 2,591        
Equity-based compensation plans and other 1,264 $ 13 1,251    
Ending balance, shares at Sep. 30, 2024   36,205,000      
Ending balance, value at Sep. 30, 2024 1,195,265 $ 36,205 400,563 758,497 0
Beginning balance, shares at Jun. 30, 2024   36,176,000      
Beginning balance, value at Jun. 30, 2024 1,167,628 $ 36,176 397,614 733,838 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 40,939     40,939  
Common stock dividends declared $ (16,280)     (16,280)  
Stock Issued During Period, Shares, Dividend Reinvestment Plan 29,176 29,000      
Stock Issued During Period, Value, Dividend Reinvestment Plan $ 2,591 $ 29 2,562    
Issuance of common stock, net 2,600        
Equity-based compensation plans and other 387   387    
Ending balance, shares at Sep. 30, 2024   36,205,000      
Ending balance, value at Sep. 30, 2024 $ 1,195,265 $ 36,205 $ 400,563 $ 758,497 $ 0