Long Term Water Assets (Tables)

12 Months Ended

Dec. 31, 2015

Water assets consist of the following:



(in acre feet, unaudited)	December 31, 2015	December 31, 2014
Banked water and water for future delivery
AVEK water bank	13,033	13,033
Company water bank	8,700	8,700
AVEK water for future delivery	2,362	2,362
Total Company and AVEK banked water	24,095	24,095
Transferable water *	14,786	15,229
Water Contracts	10,137	10,137
Total purchased water - third parties	49,018	49,461
WRMWSD - Contracts with Company	15,547	15,547
TCWD - Contracts with Company	5,749	5,749
TCWD - Banked water contracted to Company	34,496	38,401
Total purchased and contracted water sources in acre feet	104,810	109,158

*14,786 acre-feet of transferable water with AVEK will be returned to the Company at a 1.5 to 1 factor giving the Company use of a total of 22,179 feet.



($ in thousands)	December 31, 2015			December 31, 2014
Banked water and water for future delivery	$	4,779		$	4,779
Transferable water	9,117			9,309
Water Contracts	31,261			32,612
Total long-term assets	45,157			46,700
less: Current portion	(1,351		)	(1,351		)
	$	43,806		$	45,349