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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Operating Revenues $ 359,734 $ 341,925 $ 342,098
Operating Expenses      
Purchased Power - affiliates 63,798 60,094 65,329
Purchased Power 93,161 100,680 92,653
Production 10,942 11,752 11,374
Transmission - affiliates 11,151 (3,788) 8,002
Transmission - other 27,012 26,652 23,799
Other operation 56,859 56,642 59,160
Maintenance 37,471 29,851 24,212
Depreciation 19,306 17,570 16,921
Taxes other than income 18,514 17,472 16,727
Income tax expense 5,167 7,545 5,033
Total Operating Expenses 343,381 324,470 323,210
Utility Operating Income 16,353 17,455 18,888
Other Income      
Equity in earnings of affiliates 27,733 21,098 17,472
Allowance for equity funds during construction 118 119 161
Other income 2,794 3,243 2,935
Other deductions (3,021) (2,284) (1,585)
Merger-related expenses (25,977) 0 0
Income tax benefit (expense) 1,356 (7,117) (5,640)
Total Other Income 3,003 15,059 13,343
Interest Expense      
Interest on long-term debt 13,305 11,163 11,139
Other interest 479 458 449
Allowance for borrowed funds during construction (132) (61) (106)
Total Interest Expense 13,652 11,560 11,482
Net Income 5,704 20,954 20,749
Dividends declared on preferred stock 368 368 368
Earnings available for common stock $ 5,336 $ 20,586 $ 20,381
Per Common Share Data:      
Basic earnings per share (in dollars per share) $ 0.40 $ 1.66 $ 1.75
Diluted earnings per share (in dollars per share) $ 0.40 $ 1.66 $ 1.74
Average shares of common stock outstanding - basic (in shares) 13,404,909 12,370,486 11,660,170
Average shares of common stock outstanding - diluted (in shares) 13,487,608 12,405,866 11,705,518
Dividends declared per share of common stock (in dollars per share) $ 0.92 $ 0.92 $ 0.92