Restricted Cash and Investments

3 Months Ended

Mar. 31, 2016

Restricted Cash and Investments.

Restricted Cash and Investments

(H)          Restricted Cash and Investments.    Restricted cash and investments primarily consist of funds on deposit with the Rural Utilities Service in the Cushion of Credit Account. The restricted investments will be utilized for future Rural Utilities Service Federal Financing Bank debt service payments. The funds on deposit earn interest at a rate of 5% per annum. At March 31, 2016 and December 31, 2015, we had restricted cash and investments totaling $394,717,000 and $387,961,000, respectively, of which $144,109,000 and $134,690,000, respectively, were classified as long-term.