REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2019

REVENUE RECOGNITION [Abstract]

Disaggregation Revenues

Disaggregated Revenues

The following table shows the Company’s revenues disaggregated by service type; all revenues are generated within a similar geographical location:

As a result of the reduced tariff rates approved by the DEPSC on January 31, 2019, the tariff revenues presented below for the three months ended September 30, 2018 and the nine months ended September 30, 2018 were reallocated to the appropriate line items for comparison purposes.

(in thousands)	Three months ended September 30, 2019		Three months ended September 30, 2018			Nine months ended September 30, 2019		Nine months ended September 30, 2018
Tariff Revenue
Consumption charges	$	12,844	$	13,672		$	34,320	$	36,459
Fixed fees		6,529		6,305			19,525		19,009
Service charges		133		183			467		508
DSIC		1,334		655			3,129		2,203
Industrial wastewater services		10		–			14		–
Revenue reserved for refund –           TCJA impact		–		(655	)		–		(2,203	)
Total Tariff Revenue	$	20,850	$	20,160		$	57,455	$	55,976
Non-Tariff Revenue
Service line protection plans	$	1,039	$	982		$	3,117	$	2,960
Contract operations		210		329			866		1,025
Inspection fees		69		115			155		171
Total Non-Tariff Revenue	$	1,318	$	1,426		$	4,138	$	4,156
Other Operating Revenue      not in scope of ASC 606	$	381	$	338		$	993	$	936
Total Operating Revenue	$	22,549	$	21,924		$	62,586	$	61,068

Contract Assets and Contract Liabilities

Our contract assets and liabilities consist of the following:

(in thousands)	September 30, 2019		December 31, 2018
Contract Assets – Tariff	$	2,367	$	2,367
Deferred Revenue
Deferred Revenue – Tariff	$	1,058	$	1,025
Deferred Revenue – Non-Tariff		239		227
Total Deferred Revenue	$	1,297	$	1,252
Refund Liability - Tariff	$	–	$	3,298