Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table displays our revenue from continuing operations by major source based on product and service type for the three months ended June 30, 2020 and 2019:



	Three months ended June 30, 2020												Three Months Ended June 30, 2019
(in thousands)	Regulated Energy			Unregulated Energy			Other and Eliminations			Total			Regulated Energy			Unregulated Energy			Other and Eliminations			Total
Energy distribution
Delaware natural gas division	$	11,758		$	—		$	—		$	11,758		$	8,256		$	—		$	—		$	8,256
Florida natural gas division	7,231			—			—			7,231			7,015			—			—			7,015
FPU electric distribution	15,701			—			—			15,701			20,464			—			—			20,464
FPU natural gas distribution	19,498			—			—			19,498			18,663			—			—			18,663
Maryland natural gas division	3,979			—			—			3,979			3,186			—			—			3,186
Sandpiper natural gas/propane operations	2,858			—			—			2,858			3,482			—			—			3,482
Total energy distribution	61,025			—			—			61,025			61,066			—			—			61,066

Energy transmission
Aspire Energy	—			4,555			—			4,555			—			5,422			—			5,422
Eastern Shore	18,277			—			—			18,277			17,740			—			—			17,740
Peninsula Pipeline	5,361			—			—			5,361			3,565			—			—			3,565
Total energy transmission	23,638			4,555			—			28,193			21,305			5,422			—			26,727

Energy generation
Eight Flags	—			3,694			—			3,694			—			4,235			—			4,235

Propane operations
Propane delivery operations	—			17,260			—			17,260			—			17,488			—			17,488

Energy delivery services
Marlin Gas Services	—			2,248			—			2,248			—			1,108			—			1,108

Other and eliminations
Eliminations	(11,145		)	(16		)	(4,340		)	(15,501		)	(8,968		)	(2,628		)	(4,618		)	(16,214		)
Other	—			—			132			132			—			—			132			132
Total other and eliminations	(11,145		)	(16		)	(4,208		)	(15,369		)	(8,968		)	(2,628		)	(4,486		)	(16,082		)

Total operating revenues⁽¹⁾	$	73,518		$	27,741		$	(4,208	)	$	97,051		$	73,403		$	25,625		$	(4,486	)	$	94,542

⁽¹⁾ Total operating revenues for the three months ended June 30, 2020, include other revenue (revenues from sources other than contracts with customers) of $0.1 million and $0.04 million for our Regulated and Unregulated Energy segments, respectively, and $(0.3) million and $0.1 million for our Regulated and Unregulated Energy segments, respectively, for the three months ended June 30, 2019. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper and late fees.

The following table displays our revenue from continuing operations by major source based on product and service type for the six months ended June 30, 2020 and 2019:



	Six months ended June 30, 2020												Six months ended June 30, 2019
(in thousands)	Regulated Energy			Unregulated Energy			Other and Eliminations			Total			Regulated Energy			Unregulated Energy			Other and Eliminations			Total
Energy distribution
Delaware natural gas division	$	38,325		$	—		$	—		$	38,325		$	35,805		$	—		$	—		$	35,805
Florida natural gas division	15,708			—			—			15,708			14,915			—			—			14,915
FPU electric distribution	29,920			—			—			29,920			34,842			—			—			34,842
FPU natural gas distribution	44,942			—			—			44,942			42,449			—			—			42,449
Maryland natural gas division	13,117			—			—			13,117			13,233			—			—			13,233
Sandpiper natural gas/propane operations	9,150			—			—			9,150			10,564			—			—			10,564
Total energy distribution	151,162			—			—			151,162			151,808			—			—			151,808

Energy transmission
Aspire Energy	—			14,336			—			14,336			—			18,892			—			18,892
Eastern Shore	37,556			—			—			37,556			36,796			—			—			36,796
Peninsula Pipeline	10,185			—			—			10,185			7,131			—			—			7,131
Total energy transmission	47,741			14,336			—			62,077			43,927			18,892			—			62,819

Energy generation
Eight Flags	—			8,017			—			8,017			—			8,377			—			8,377

Propane operations
Propane delivery operations	—			55,883			—			55,883			—			64,017			—			64,017

Energy delivery services
Marlin Gas Services	—			3,557			—			3,557			—			3,541			—			3,541

Other and eliminations
Eliminations	(22,430		)	(40		)	(8,749		)	(31,219		)	(18,714		)	(8,123		)	(8,984		)	(35,821		)
Other	—			—			264			264			—			—			264			264
Total other and eliminations	(22,430		)	(40		)	(8,485		)	(30,955		)	(18,714		)	(8,123		)	(8,720		)	(35,557		)

Total operating revenues⁽¹⁾	$	176,473		$	81,753		$	(8,485	)	$	249,741		$	177,021		$	86,704		$	(8,720	)	$	255,005

⁽¹⁾ Total operating revenues for the six months ended June 30, 2020, include other revenue (revenues from sources other than contracts with customers) of $0.8 million and $0.1 million for our Regulated and Unregulated Energy segments, respectively, and $(0.2) million and $0.2 million for our Regulated and Unregulated Energy segments, respectively, for the six months ended June 30, 2019. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper and late fees.

Contract with Customer, Asset and Liability [Table Text Block]

The balances of our trade receivables, contract assets, and contract liabilities as of June 30, 2020 and December 31, 2019 were as follows:



	Trade Receivables			Contract Assets (Current)		Contract Assets (Non-current)		Contract Liabilities (Current)
(in thousands)
Balance at 12/31/2019	$	47,430		$	18	$	3,465	$	589
Balance at 6/30/2020	35,764			18		4,338		347
Increase (decrease)	$	(11,666	)	$	—	$	873	$	(242	)

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

Revenue for these businesses for the remaining performance obligations, at June 30, 2020, are expected to be recognized as follows:



(in thousands)	2020		2021		2022		2023		2024		2025		2026 and thereafter
Eastern Shore and Peninsula Pipeline	$	19,059	$	35,720	$	28,513	$	22,930	$	20,641	$	19,283	$	175,743
Natural gas distribution operations	1,950		4,124		5,167		4,936		4,699		4,166		32,996
FPU electric distribution	283		566		566		566		566		275		825
Total revenue contracts with remaining performance obligations	$	21,292	$	40,410	$	34,246	$	28,432	$	25,906	$	23,724	$	209,564