BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

BUSINESS SEGMENT INFORMATION [Abstract]

Segment Reporting Information, by Segment

The accounting policies of the operating segments are the same as those described in Note 1-Summary of Significant Accounting Policies.  The Regulated Utility segment includes inter-segment costs related to leased office space provided by one non-utility business, calculated on the lower of cost or market method, which are eliminated to reconcile to the Consolidated Statements of Operations.  The Regulated Utility segment also allocates certain corporate costs to the non-utility businesses.  The measurement of depreciation, interest, and capital expenditures are predominately related to our Regulated Utility segment.  These amounts in our non-utility business are negligible and account for approximately less than 1% of consolidated amounts as of December 31, 2023, December 31, 2022, and December 31, 2021.

In thousands
	Years Ended December 31,
	2023			2022			2021
Revenues:
Regulated Utility	$	92,228		$	89,818		$	85,016
Other (non-utility)		6,877			9,248			5,996
Inter-segment elimination		(244	)		(169	)		(153	)
Consolidated Revenues	$	98,861		$	98,897		$	90,859
Operating Income:
Regulated Utility	$	21,246		$	22,411		$	20,950
Other (non-utility)		1,200			1,495			1,344
Consolidated Operating Income	$	22,446		$	23,906		$	22,294
Income Taxes:
Regulated Utility	$	5,216		$	5,091		$	5,146
Other (non-utility)		1,132			787			591
Consolidated Income Taxes	$	6,348		$	5,878		$	5,737
Assets:
Regulated Utility	$	760,339		$	713,113
Other (non-utility)		6,493			6,678
Consolidated Assets	$	766,832		$	719,791