Business Segment Data (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

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.

	(Thousands of Dollars)
	Years Ended December 31,
Operations by Segments:	2022			2021			2020
Revenues:
Regulated	$	151,117		$	131,531		$	129,851
Non – Regulated		12,446			12,818			12,545
Inter-segment Elimination		(1,129	)		(1,208	)		(804	)
Consolidated Revenues	$	162,434		$	143,141		$	141,592
Operating Income:
Regulated	$	44,257		$	29,577		$	34,043
Non – Regulated		3,076			3,634			3,377
Consolidated Operating Income	$	47,333		$	33,211		$	37,420
Depreciation:
Regulated	$	22,783		$	20,897		$	18,264
Non – Regulated		246			212			208
Consolidated Depreciation	$	23,029		$	21,109		$	18,472
Other Income (Expense), Net:
Regulated	$	7,898		$	6,112		$	4,605
Non – Regulated		279			279			130
Inter-segment Elimination		(474	)		(433	)		(356	)
Consolidated Other Income (Expense), Net	$	7,703		$	5,958		$	4,379
Interest Expense:
Regulated	$	9,833		$	8,529		$	7,780
Non – Regulated		7			17			70
Inter-segment Elimination		(473	)		(432	)		(357	)
Consolidated Interest Expense	$	9,367		$	8,114		$	7,493
Income Taxes:
Regulated	$	2,084		$	(6,723	)	$	(5,139	)
Non – Regulated		1,156			1,235			1,020
Consolidated Income Taxes	$	3,240		$	(5,488	)	$	(4,119	)
Net Income:
Regulated	$	40,229		$	33,849		$	35,951
Non – Regulated		2,200			2,694			2,474
Consolidated Net Income	$	42,429		$	36,543		$	38,425
Capital Expenditures:
Regulated	$	91,054		$	79,195		$	105,091
Non – Regulated		281			183			528
Total Capital Expenditures	$	91,335		$	79,378		$	105,619

	As of December 31, 2022			As of December 31, 2021
Assets:
Regulated	$	1,079,180		$	1,022,116
Non – Regulated		6,999			7,811
Inter-segment Elimination		(11,729	)		(9,912	)
Consolidated Assets	$	1,074,450		$	1,020,015