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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current Assets:      
Cash and cash equivalents $ 17,451 $ 23,481  
Accounts receivable, less reserves 39,352 40,482  
Other accounts receivables, less reserves 8,722 7,940  
Unbilled revenues 22,633 25,899  
Materials and supplies, at average cost 27,647 26,287  
Fuel for electric generation, at average cost 8,354 8,358  
Stored natural gas, at average cost 4,723 10,637  
Prepaid taxes 11,888 16,892  
Regulatory assets - current 12,182 11,432  
Other current assets 9,241 10,233  
Total Current Assets 162,193 181,641  
Other long-term receivables 1,754 1,811  
Regulatory assets 131,319 134,314  
Pension benefit asset 16,480 13,630  
Other deferred assets and other 18,518 19,093  
Property, Plant, and Equipment:      
Property, plant, and equipment, net 1,524,782 1,530,199  
Construction work in progress 128,321 112,484  
Total Property, Plant, and Equipment 1,653,103 1,642,683  
Investments 89,330 88,492  
Total Assets 2,072,697 2,081,664  
Current Liabilities:      
Long-term debt due within one year 19,686 19,659  
Short-term debt 3,000 0  
Accounts payable 39,188 55,161  
Accrued interest and taxes 7,568 7,244  
Accrued payroll related items 9,243 12,752  
Regulatory liabilities - current 11,369 9,228  
Derivative liabilities 10,740 10,100  
Other current liabilities 10,212 14,676  
Total Current Liabilities 111,006 128,820  
Other Credits:      
Deferred income taxes 246,028 243,302  
Investment tax credit - deferred 742 763  
Regulatory liabilities 163,399 164,965  
Accrued pension and other postretirement benefits 68,647 68,665  
Derivative liabilities 12,870 15,340  
Finance lease liabilities 17,581 17,379  
Other deferred liabilities and other 60,318 63,013  
Total Other Credits 569,585 573,427  
Capitalization:      
Common shareholders equity 869,492 855,676 $ 816,644
Long-term debt 522,614 523,741  
Total Capitalization 1,392,106 1,379,417  
Commitments and contingencies (see Footnote 8)  
Total Liabilities and Capitalization 2,072,697 2,081,664  
MGE [Member]      
Current Assets:      
Cash and cash equivalents 3,321 3,196  
Accounts receivable, less reserves 39,352 40,482  
Affiliate receivables 645 530  
Other accounts receivables, less reserves 8,718 7,936  
Unbilled revenues 22,633 25,899  
Materials and supplies, at average cost 27,647 26,287  
Fuel for electric generation, at average cost 8,354 8,358  
Stored natural gas, at average cost 4,723 10,637  
Prepaid taxes 11,786 15,463  
Regulatory assets - current 12,182 11,432  
Other current assets 8,767 10,065  
Total Current Assets 148,128 160,285  
Affiliate receivable long-term 2,515 2,648  
Regulatory assets 131,319 134,314  
Pension benefit asset 16,480 13,630  
Other deferred assets and other 19,048 19,680  
Property, Plant, and Equipment:      
Property, plant, and equipment, net 1,524,810 1,530,227  
Construction work in progress 128,321 112,484  
Total Property, Plant, and Equipment 1,653,131 1,642,711  
Investments 227 209  
Total Assets 1,970,848 1,973,477  
Current Liabilities:      
Long-term debt due within one year 19,686 19,659  
Short-term debt 3,000 0  
Accounts payable 38,897 54,845  
Accrued interest and taxes 10,088 8,754  
Accrued payroll related items 9,243 12,752  
Regulatory liabilities - current 11,369 9,228  
Derivative liabilities 10,740 10,100  
Other current liabilities 10,212 12,683  
Total Current Liabilities 113,235 128,021  
Other Credits:      
Deferred income taxes 216,310 214,041  
Investment tax credit - deferred 742 763  
Regulatory liabilities 163,399 164,965  
Accrued pension and other postretirement benefits 68,647 68,665  
Derivative liabilities 12,870 15,340  
Finance lease liabilities 17,581 17,379  
Other deferred liabilities and other 60,304 62,973  
Total Other Credits 539,853 544,126  
Capitalization:      
Common shareholders equity 656,350 637,286  
Noncontrolling interest 138,796 140,303  
Total Equity 795,146 777,589 689,810
Long-term debt 522,614 523,741  
Total Capitalization 1,317,760 1,301,330  
Commitments and contingencies (see Footnote 8)  
Total Liabilities and Capitalization $ 1,970,848 $ 1,973,477