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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block] The following tables display our revenue by major source based on product and service type for the three and six months ended June 30, 2024 and 2023:
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
(in thousands)Regulated EnergyUnregulated EnergyOther and EliminationsTotalRegulated EnergyUnregulated EnergyOther and EliminationsTotal
Energy distribution
Delaware natural gas division$13,404 $ $ $13,404 $14,109 $— $— $14,109 
Florida natural gas distribution
39,917   39,917 40,766 — — 40,766 
Florida City Gas32,494   32,494 — — — — 
FPU electric distribution22,546   22,546 23,034 — — 23,034 
Maryland natural gas division 4,681   4,681 4,622 — — 4,622 
Sandpiper natural gas/propane operations3,898   3,898 4,079 — — 4,079 
Elkton Gas1,308   1,308 1,303 — — 1,303 
Total energy distribution118,248   118,248 87,913 — — 87,913 
Energy transmission
Aspire Energy 5,331  5,331 — 5,726 — 5,726 
Aspire Energy Express368   368 369 — — 369 
Eastern Shore19,860   19,860 19,632 — — 19,632 
Peninsula Pipeline8,069   8,069 7,593 — — 7,593 
Total energy transmission28,297 5,331  33,628 27,594 5,726 — 33,320 
Energy generation
Eight Flags 4,464  4,464 — 4,532 — 4,532 
Propane operations
Propane delivery operations 28,040  28,040 — 27,315 — 27,315 
Compressed Natural Gas Services
Marlin Gas Services 3,647  3,647 — 3,238 — 3,238 
Other and eliminations
Eliminations(15,920)(63)(5,818)(21,801)(14,366)(60)(6,344)(20,770)
Other 46 46 — — 45 45 
Total other and eliminations(15,920)(63)(5,772)(21,755)(14,366)(60)(6,299)(20,725)
Total operating revenues (1)
$130,625 $41,419 $(5,772)$166,272 $101,141 $40,751 $(6,299)$135,593 

(1) Total operating revenues for the three months ended June 30, 2024 include other revenue (revenues from sources other than contracts with customers) of $0.1 million for both our Regulated and Unregulated Energy segments, and $0.2 million and $0.1 million for our Regulated and Unregulated Energy segments, respectively, for the three months ended June 30, 2023. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper Energy and late fees.
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
(in thousands)Regulated EnergyUnregulated EnergyOther and EliminationsTotalRegulated EnergyUnregulated EnergyOther and EliminationsTotal
Energy distribution
Delaware natural gas division$45,321 $ $ $45,321 $51,016 $— $— $51,016 
Florida natural gas distribution
87,873   87,873 87,124 — — 87,124 
Florida City Gas68,371   68,371 — — — — 
FPU electric distribution42,510   42,510 45,771 — — 45,771 
Maryland natural gas division 14,536   14,536 16,884 — — 16,884 
Sandpiper natural gas/propane operations10,955   10,955 11,161 — — 11,161 
Elkton Gas4,167   4,167 5,444 — — 5,444 
Total energy distribution273,733   273,733 217,400 — — 217,400 
Energy transmission
Aspire Energy 18,939  18,939 — 19,680 — 19,680 
Aspire Energy Express737   737 733 — — 733 
Eastern Shore41,126   41,126 40,302 — — 40,302 
Peninsula Pipeline16,061   16,061 14,504 — — 14,504 
Total energy transmission57,924 18,939  76,863 55,539 19,680 — 75,219 
Energy generation
Eight Flags 9,019  9,019 — 9,832 — 9,832 
Propane operations
Propane delivery operations 89,612  89,612 — 87,295 — 87,295 
Compressed Natural Gas Services
Marlin Gas Services 7,075  7,075 — 7,238 — 7,238 
Other and eliminations
Eliminations(32,606)(123)(11,648)(44,377)(29,528)(129)(13,696)(43,353)
Other 91 91 — — 91 91 
Total other and eliminations(32,606)(123)(11,557)(44,286)(29,528)(129)(13,605)(43,262)
Total operating revenues (1)
$299,051 $124,522 $(11,557)$412,016 $243,411 $123,916 $(13,605)$353,722 

(1) Total operating revenues for the six months ended June 30, 2024 include other revenue (revenues from sources other than contracts with customers) of $0.7 million and $0.2 million for our Regulated and Unregulated Energy segments, respectively, and $0.8 million and $0.2 million for our Regulated and Unregulated Energy segments, respectively, for the six months ended June 30, 2023. The sources of other revenues include revenue from alternative revenue programs related to revenue normalization for the Maryland division and Sandpiper Energy 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, 2024 and December 31, 2023 were as follows:
Trade ReceivablesContract Assets (Current)Contract Assets (Non-current)Contract Liabilities (Current)
(in thousands)
Balance at 12/31/2023$67,741 $18 $3,524 $1,022 
Balance at 6/30/2024
50,022 18 3,258 619 
Increase (Decrease)$(17,719)$— $(266)$(403)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] Revenue for these businesses for the remaining performance obligations, at June 30, 2024, are expected to be recognized as follows:
(in thousands)2024202520262027202820292030 and thereafter
Eastern Shore and Peninsula Pipeline$18,267 $32,610 $28,791 $25,578 $23,499 $21,294 $125,881 
Natural gas distribution operations5,073 9,500 8,785 6,756 5,536 4,992 26,311 
FPU electric distribution375 749 364 364 364 — — 
Total revenue contracts with remaining performance obligations$23,715 $42,859 $37,940 $32,698 $29,399 $26,286 $152,192