Business Segment Data

3 Months Ended

Mar. 31, 2015

Business Segment Data [Abstract]

Business Segment Data

Note 5 – Business Segment Data

The Company has identified two reportable segments. One is the regulated business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey, Delaware and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Company is subject to regulations as to its rates, services and other matters by New Jersey, Delaware and Pennsylvania with respect to utility services within these states. The other segment is primarily comprised of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. Inter-segment transactions relating to operational costs are treated as pass-through expenses. Finance charges on inter-segment loan activities are based on interest rates that are below what would normally be charged by a third party lender.

	(In Thousands)
	Three Months Ended
	March 31,
Operations by Segments:	2015			2014
Revenues:
Regulated	$	24,905		$	23,653
Non – Regulated		3,992			3,637
Inter-segment Elimination		(117	)		(117	)
Consolidated Revenues	$	28,780		$	27,173
Operating Income:
Regulated	$	6,165		$	5,404
Non – Regulated		520			563
Consolidated Operating Income	$	6,685		$	5,967
Net Income:
Regulated	$	3,377		$	2,881
Non – Regulated		259			288
Consolidated Net Income	$	3,636		$	3,169
Capital Expenditures:
Regulated	$	4,885		$	4,134
Non – Regulated		—			31
Total Capital Expenditures	$	4,885		$	4,165

	As of			As of
	March 31,			December 31,
	2015			2014
Assets:
Regulated	$	578,038		$	574,854
Non – Regulated		8,050			7,252
Inter-segment Elimination		(6,334	)		(6,334	)
Consolidated Assets	$	579,754		$	575,772