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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]  
Change in Asset Retirement Obligations

The following table summarizes the change in AROs. Amounts include conditional AROs.

(In thousands)20182017
Balance as of January 1,$26,738$26,886
Liabilities incurred(a)1,943145
Accretion expense1,4151,359
Liabilities settled(b)(175)(1,789)
Revisions in estimated cash flows59137
Balance as of December 31,$29,980$26,738

(a) In 2018, MGE recorded an obligation of $1.6 million for the fair value of its legal liability for AROs associated with Forward Wind. See Footnote 5 for additional information on the purchase of Forward Wind.

(b) In 2017, MGE removed asbestos at Blount for $1.6 million.