LEASES

12 Months Ended

Dec. 31, 2012

Leases [Abstract]

LEASES

LEASES:

The Company is considered to be the lessor of certain thermal energy generating property and equipment under an operating lease which expires in May 2027. As of December 31, 2012 and 2011 the carrying costs of this property and equipment under operating lease was $72.3 million and $74.0 million, respectively, (net of accumulated depreciation of $20.0 million and $17.5 million, respectively) and is included in Nonutility Property and Equipment in the consolidated balance sheets.

Minimum future rentals to be received on non-cancelable leases of thermal energy generating property and equipment as of December 31, 2012 for each of the next five years and in the aggregate are (in thousands):

Year ended December 31,
2013	$	5,396
2014	5,396
2015	5,396
2016	5,396
2017	5,396
Thereafter	50,814
Total minimum future rentals	$	77,794

Minimum future rentals do not include additional amounts to be received based on actual use of the leased property.