Business Segment Data (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

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 and Delaware. 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 and Delaware 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:	2022			2021
Revenues:
Regulated	$	33,325		$	29,421
Non – Regulated		3,009			3,257
Inter-segment Elimination		(138	)		(137	)
Consolidated Revenues	$	36,196		$	32,541
Operating Income:
Regulated	$	11,705		$	4,716
Non – Regulated		818			918
Consolidated Operating Income	$	12,523		$	5,634
Net Income:
Regulated	$	11,513		$	6,240
Non – Regulated		587			667
Consolidated Net Income	$	12,100		$	6,907
Capital Expenditures:
Regulated	$	16,585		$	21,963
Non – Regulated		46			70
Total Capital Expenditures	$	16,631		$	22,033

	As of			As of
	March 31,			December 31,
	2022			2021
Assets:
Regulated	$	1,015,059		$	1,022,116
Non – Regulated		8,378			7,811
Inter-segment Elimination		(13,853	)		(9,912	)
Consolidated Assets	$	1,009,584		$	1,020,015