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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Operating Revenues $ 46,715 $ 47,732 $ 127,672 $ 123,611
Operating Expenses:        
Operations and Maintenance 22,581 20,312 64,042 59,007
Depreciation 6,376 5,814 18,546 17,107
Other Taxes 4,936 5,031 14,104 13,543
Total Operating Expenses 33,893 31,157 96,692 89,657
Gain on Sale of Subsidiary 5,232
Operating Income 12,822 16,575 30,980 39,186
Other Income (Expense):        
Allowance for Funds Used During Construction 496 627 2,162 1,553
Other Income (Expense), net 936 1,412 3,124 4,185
Total Other Income, net 1,432 2,039 5,286 5,738
Interest Charges 3,518 2,355 9,364 6,574
Income before Income Taxes 10,736 16,259 26,902 38,350
Income Taxes 746 1,968 1,143 3,092
Net Income 9,990 14,291 25,759 35,258
Preferred Stock Dividend Requirements 30 30 90 90
Earnings Applicable to Common Stock $ 9,960 $ 14,261 $ 25,669 $ 35,168
Earnings per share of Common Stock:        
Basic (in Dollars per share) $ 0.56 $ 0.81 $ 1.45 $ 2
Diluted (in Dollars per share) $ 0.56 $ 0.8 $ 1.44 $ 1.99
Common Shares Outstanding :        
Basic (in Shares) 17,758,000 17,628,000 17,708,000 17,583,000
Diluted (in Shares) 17,873,000 17,743,000 17,823,000 17,698,000