XML 37 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900
Long Term Debt (Tables)
12 Months Ended
Dec. 31, 2015
Long-term Debt, Unclassified [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt outstanding at December 31 was as follows (in thousands):
 
Maturity Date
Interest Rate
2015
2014
First Mortgage Bonds due 2032
August 15, 2032
7.23
%
$
75,000

$
75,000

First Mortgage Bonds due 2039
November 1, 2039
6.125
%
180,000

180,000

First Mortgage Bonds due 2044
October 20, 2044
4.43
%
85,000

85,000

Unamortized discount, First Mortgage Bonds due 2039
 
 
(99
)
(103
)
Series 94A Debt (a)
June 1, 2024
0.75
%
2,855

2,855

Long-term debt
 
 
$
342,756

$
342,752

___________________
(a)
Variable interest rate at December 31, 2015.

On October 1, 2014 we issued $85 million of 4.43% coupon first mortgage bonds due October 20, 2044. Proceeds from our bond sale funded the early redemption of our 5.35% $12 million pollution control revenue bonds, originally due October 1, 2024.

Schedule of Maturities of Long-term Debt
Scheduled maturities of our outstanding long-term debt (excluding unamortized discounts) are as follows (in thousands):
2016
$

2017
$

2018
$

2019
$

2020
$

Thereafter
$
342,855