LONG-TERM DEBT AND NOTES PAYABLE	3 Months Ended
LONG-TERM DEBT AND NOTES PAYABLE	Mar. 31, 2011
LONG-TERM DEBT AND NOTES PAYABLE [Abstract]
LONG-TERM DEBT AND NOTES PAYABLE	NOTE 11 – LONG-TERM DEBT AND NOTES PAYABLE Credit Facility: We have a three-year, $40 million unsecured revolving credit facility with a lending institution pursuant to a Credit Agreement dated November 3, 2008 that expires on November 2, 2011. The Credit Agreement contains financial and non-financial covenants. Our obligation under the Credit Agreement is guaranteed by our wholly owned, unregulated subsidiaries, C.V. Realty and CRC. The purpose of the facility is to provide liquidity for general corporate purposes, including working capital and power contract performance assurance requirements, in the form of funds borrowed and letters of credit. At June 30, 2011, $4.5 million in letters of credit were outstanding under this credit facility. We had periodic borrowings under this facility during the first six months of 2011, but there were no loans outstanding at June 30, 2011. At December 31, 2010, $13.7 million in loans and $5.5 million in letters of credit were outstanding under this credit facility. In 2011 we intend to renew or replace this facility. Long-term Debt: On June 15, 2011, we issued $40 million of First Mortgage 5.89 percent Bonds, Series WW and $20 million of this amount was used to redeem the Series SS Bonds. The Series WW bonds were issued to one purchaser, in a private placement transaction, under a shelf facility that was put in place on February 4, 2011. The Series WW bond issuance was planned when we entered into a commitment with the purchaser on July 15, 2010 to issue $40 million of first mortgage bonds at 5.89 percent on June 15, 2011 in a private placement transaction. The remaining proceeds are being used to help finance our capital expenditures and for other corporate purposes. The shelf facility allows us to issue up to an additional $60 million of first mortgage bonds directly to the purchaser through December 31, 2012. Neither party has any obligation to issue or purchase the additional $60 million first mortgage bonds available under the shelf facility.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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