Restricted Short-term Investments

3 Months Ended

Mar. 31, 2012

Restricted Short-term Investments

Restricted Short-term Investments

(I)

Restricted Short-term Investments.    At March 31, 2012 and December 31, 2011, we had $110,526,000 and $106,676,000, respectively, on deposit with the Rural Utilities Service in the Cushion of Credit Account. The restricted funds will be utilized for future Rural Utilities Service Federal Financing Bank debt service payments. The deposit earns interest at a Rural Utilities Service guaranteed rate of 5% per annum.