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Utility Plant (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Net Utility Plant

Net utility plant as of December 31, 2012 and 2011 was as follows (thousands of dollars):

 

December 31,    2012     2011  

Gas plant:

    

Storage

   $ 20,503      $ 20,496   

Transmission

     301,505        295,103   

Distribution

     4,224,560        4,048,078   

General

     310,936        291,639   

Other

     161,996        155,734   
  

 

 

   

 

 

 
     5,019,500        4,811,050   

Less: accumulated depreciation

     (1,750,795     (1,638,091

Acquisition adjustments, net

     911        1,091   

Construction work in progress

     74,178        44,894   
  

 

 

   

 

 

 

Net utility plant

   $ 3,343,794      $ 3,218,944   
  

 

 

   

 

 

 
Schedule of Depreciation and Amortization Expense

Depreciation and amortization expense on gas plant was as follows (thousands of dollars):

 

      2012      2011      2010  

Depreciation and amortization expense

   $ 182,612       $ 172,712       $ 167,050   
Schedule of Rental Payments and Current Term Expiration Dates

The table below presents the rental payments and the current term expiration dates, although both leases have optional renewal terms available.

 

      2013      2014      2015      2016      2017  

(In thousands)

                                  

Corporate headquarters (expires in 2017)

   $ 2,140       $ 2,190       $  2,270       $  2,343       $  1,194   

Phoenix administrative offices (expires in 2014)

     1,446         243                           
Schedule of Rental Payments for Operating Leases

The table below presents Southwest rental payments and NPL lease payments that are included in operating expenses for all operating leases (in thousands):

 

      2012      2011      2010  

Southwest Gas

   $ 7,762       $ 7,812       $ 7,585   

NPL

     24,054         19,017         11,780   
  

 

 

    

 

 

    

 

 

 

Consolidated rental payments/lease expense

   $ 31,816       $ 26,829       $ 19,365   
  

 

 

    

 

 

    

 

 

 
Schedule of Future Minimum Lease Payments for Operating Leases

The following is a schedule of future minimum lease payments for significant non-cancelable operating leases (with initial or remaining terms in excess of one year) as of December 31, 2012 (thousands of dollars):

 

Year Ending December 31,        

2013

   $ 6,757   

2014

     4,304   

2015

     3,181   

2016

     2,510   

2017

     1,238   

Thereafter

     61   
  

 

 

 

Total minimum lease payments

   $ 18,051