Artesian Resources (ARTNA) 10-Q 9 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	3 Months Ended
	Mar. 31, 2014	5-May-14	Jun. 30, 2013	5-May-14	Jun. 30, 2013
		Class A Stock [Member]	Class A Stock [Member]	Class B Stock [Member]	Class B Stock [Member]
Entity Information [Line Items]	'	'	'	'	'
Entity Registrant Name	'Artesian Resources Corporation	'	'	'	'
Entity Central Index Key	'0000863110	'	'	'	'
Current Fiscal Year End Date	'--12-31	'	'	'	'
Entity Well-known Seasoned Issuer	'No	'	'	'	'
Entity Voluntary Filers	'No	'	'	'	'
Entity Current Reporting Status	'Yes	'	'	'	'
Entity Filer Category	'Accelerated Filer	'	'	'	'
Entity Public Float	'	'	$170,770,000	'	$5,692,000
Entity Common Stock, Shares Outstanding	'	7,986,598	'	881,452	'
Document Fiscal Year Focus	'2014	'	'	'	'
Document Fiscal Period Focus	'Q1	'	'	'	'
Document Type	'10-Q	'	'	'	'
Amendment Flag	'false	'	'	'	'
Document Period End Date	31-Mar-14	'	'	'	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS	'	'
Utility plant, at original cost less accumulated depreciation	$379,345	$378,960
Current assets	'	'
Cash and cash equivalents	451	422
Accounts receivable (less allowance for doubtful accounts 2014 - $272; 2013 - $221)	4,879	5,115
Unbilled operating revenues	2,740	3,009
Materials and supplies	1,648	1,485
Prepaid property taxes	763	1,491
Prepaid expenses and other	1,562	1,732
Total current assets	12,043	13,254
Other assets	'	'
Non-utility property (less accumulated depreciation 2014 - $410; 2013 - $389)	4,125	4,142
Other deferred assets	5,304	5,172
Total other assets	9,429	9,314
Regulatory assets, net	2,290	2,304
Total Assets	403,107	403,832
Stockholders' equity	'	'
Common stock	8,864	8,830
Preferred stock	0	0
Additional paid-in capital	91,508	90,841
Retained earnings	22,403	22,165
Total stockholders' equity	122,775	121,836
Long-term debt, net of current portion	105,475	105,510
Total stockholders' equity and long term debt	228,250	227,346
Current liabilities	'	'
Lines of credit	7,769	10,332
Overdraft payable	1,196	746
Current portion of long-term debt	1,140	1,132
Accounts payable	3,496	4,140
Accrued expenses	3,918	3,710
Deferred income taxes	504	838
Accrued interest	1,189	1,054
Customer deposits	793	801
Other	2,624	2,810
Total current liabilities	22,629	25,563
Commitments and contingencies	0	0
Deferred credits and other liabilities	'	'
Net advances for construction	11,158	11,427
Postretirement benefit obligation	309	309
Deferred investment tax credits	596	601
Utility plant retirement cost obligation	999	979
Deferred income taxes	50,339	49,742
Total deferred credits and other liabilities	63,401	63,058
Net contributions in aid of construction	88,827	87,865
Liabilities and Stockholders' equity	$403,107	$403,832

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS Parenthetical (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets	'	'
Accounts receivable, allowance for doubtful accounts	$272	$221
Other assets	'	'
Non utility property (less accumulated depreciation)	$410	$389

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Operating revenues	'	'
Water sales	$15,084	$14,567
Other utility operating revenue	793	786
Non-utility operating revenue	1,023	974
Total Operating Revenues	16,900	16,327
Operating expenses	'	'
Utility operating expenses	8,517	8,831
Non-utility operating expenses	558	539
Depreciation and amortization	2,138	2,041
State and federal income taxes	1,401	1,111
Property and other taxes	1,140	1,067
Total Operating Expenses	13,754	13,589
Operating income	3,146	2,738
Other income (expense), net	'	'
Allowance for funds used during construction (AFUDC)	51	67
Miscellaneous	622	582
Income before interest charges	3,819	3,387
Interest charges	1,736	1,747
Net income	$2,083	$1,640
Income per common share:	'	'
Basic (in dollars per share)	$0.24	$0.19
Diluted (in dollars per share)	$0.23	$0.19
Weighted average common shares outstanding	'	'
Basic (in shares)	8,845	8,725
Diluted (in shares)	8,899	8,794
Cash dividends per share of common stock	$0.21	$0.20

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income	$2,083	$1,640
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	2,138	2,041
Deferred income taxes, net	258	303
Stock compensation	34	24
AFUDC, equity portion	-33	-44
Changes in assets and liabilities:	'	'
Accounts receivable, net of allowance for doubtful accounts	236	-124
Unbilled operating revenues	269	-201
Materials and supplies	-163	-151
Prepaid property taxes	728	627
Prepaid expenses and other	170	5
Other deferred assets	-173	-149
Regulatory assets	2	72
Accounts payable	-644	700
Accrued expenses	208	323
Accrued interest	135	124
Customer deposits and other, net	-194	-439
NET CASH PROVIDED BY OPERATING ACTIVITIES	5,054	4,751
CASH FLOWS USED IN INVESTING ACTIVITIES	'	'
Capital expenditures (net of AFUDC, equity portion)	-2,730	-4,087
Proceeds from sale of assets	9	6
NET CASH USED IN INVESTING ACTIVITIES	-2,721	-4,081
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Net repayments under lines of credit agreements	-2,563	-630
Increase (decrease) in overdraft payable	450	-259
Net advances and contributions in aid of construction	984	1,318
Change in deferred debt issuance costs	30	11
Net proceeds from issuance of common stock	667	587
Dividends paid	-1,845	-1,766
Issuance of long-term debt	335	855
Principal repayments of long-term debt	-362	-1,082
NET CASH USED IN FINANCING ACTIVITIES	-2,304	-966
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	29	-296
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	422	617
CASH AND CASH EQUIVALENTS AT END OF PERIOD	451	321
Supplemental Disclosures of Cash Flow Information:	'	'
Utility plant received as construction advances and contributions	109	110
Interest paid	1,601	1,623
Income taxes paid	$474	$914

GENERAL

GENERAL	3 Months Ended
	Mar. 31, 2014
GENERAL [Abstract]	'
GENERAL	'
	NOTE 1 – GENERAL
	Artesian Resources Corporation, or Artesian Resources, includes income from the earnings of our eight wholly owned subsidiaries and the income derived from our Service Line Protection Plans described below.  The terms "we", "our", "Artesian" and the "Company" as used herein refer to Artesian Resources and its subsidiaries.
	DELAWARE REGULATED SUBSIDIARIES
	Artesian Water Company, Inc., or Artesian Water, our principal subsidiary, is the oldest and largest public water utility in the State of Delaware and has been providing water service within the state since 1905. Artesian Water distributes and sells water to residential, commercial, industrial, governmental, municipal and utility customers throughout the State of Delaware.  In addition, Artesian Water provides services to other water utilities, including operations and billing functions, and also has contract operation agreements with private and municipal water providers.  We also provide water for public and private fire protection to customers in our service territories.
	Artesian Wastewater Management, Inc., or Artesian Wastewater, is a regulated entity that owns wastewater collection and treatment infrastructure and provides wastewater services to customers in Delaware as a regulated public wastewater service company.  As of March 31, 2014, Artesian Wastewater owned and operated four wastewater treatment facilities, which are capable of treating approximately 730,000 gallons per day and can be expanded to treat approximately 1.6 million gallons per day, or mgd.
	MARYLAND REGULATED SUBSIDIARIES
	Artesian Water Maryland, Inc., or Artesian Water Maryland, began operations in August 2007.  Artesian Water Maryland distributes and sells water to residential, commercial, industrial and municipal customers in Cecil County, Maryland.
	Artesian Wastewater Maryland, Inc., or Artesian Wastewater Maryland, is a regulated wastewater entity in the State of Maryland and was incorporated on June 3, 2008.  Artesian Wastewater Maryland is able to provide public wastewater services to customers in the State of Maryland.
	PENNSYLVANIA REGULATED SUBSIDIARY
	Artesian Water Pennsylvania, Inc., or Artesian Water Pennsylvania, began operations upon receiving recognition as a regulated public water utility by the Pennsylvania Public Utility Commission, or PAPUC, in 2002.  It provides water service to a residential community in Chester County.  Artesian Water Pennsylvania filed an application with the PAPUC to increase our service area in Pennsylvania, which was approved and a related order was entered on February 4, 2005. This application involved specific developments, in which we expect modest future growth.
	OTHER SUBSIDIARIES
	Our three other subsidiaries, none of which are regulated, are Artesian Utility Development, Inc., or Artesian Utility, Artesian Development Corporation, or Artesian Development, and Artesian Consulting Engineers, Inc., or Artesian Consulting Engineers.
	Artesian Utility was formed in 1996.  It designs and builds water and wastewater infrastructure and provides contract water and wastewater services on the Delmarva Peninsula.  Artesian Utility also evaluates land parcels, provides recommendations to developers on the size of water or wastewater facilities and the type of technology that should be used for treatment at such facilities, and operates water and wastewater facilities in Delaware for municipal and governmental organizations.  Artesian Utility also contracts with developers for design and construction of wastewater facilities within the Delmarva Peninsula, using a number of different technologies for treatment of wastewater at each facility.  In addition, as further discussed below, effective April 2012, Artesian Utility operates the Water Service Line Protection Plan, or WSLP Plan, and the Sewer Service Line Protection Plan, or SSLP Plan.
	We currently operate wastewater treatment facilities for the town of Middletown, in southern New Castle County, or Middletown, under a 20-year contract that expires in July 2022. The facilities include two wastewater treatment stations with capacities of up to approximately 2.5 mgd and 250,000 gallons per day, respectively.
	One of the wastewater treatment facilities in Middletown now provides reclaimed wastewater for use in spray irrigation on public and agricultural lands in the area.  Our relationship with Middletown has given us the opportunity to create the Artesian Water Resource Management Partnership, or AWRMP, to encourage and support the use of reclaimed water for agricultural irrigation and other needs.  Using reclaimed water to irrigate farm fields can save the Delmarva region millions of gallons of groundwater each day.  The AWRMP's first project in Middletown saves up to 3 mgd during the peak growing season.  Through the AWRMP initiative, Artesian will provide planning, engineering and technical expertise and help bring together the various state, local and private partners needed for water recycling project approvals.
	Artesian Utility operates the WSLP Plan and the SSLP Plan.  Artesian Resources initiated the WSLP Plan in March 2005.  The WSLP Plan covers all parts, material and labor required to repair or replace participating customers' leaking water service lines up to an annual limit.  The WSLP Plan was expanded in the second quarter of 2008 to include maintenance or repair to customers' sewer lines.  The SSLP Plan covers all parts, material and labor required to repair or replace participating customers' leaking or clogged sewer lines up to an annual limit.  Also, in the second quarter of 2010, the WSLP Plan and SSLP Plan were extended to include non-utility customers of Artesian Resources.  As of March 31, 2014, approximately 18,500, or 25.9%, of our eligible water customers signed up for the WSLP Plan, approximately 13,100, or 18.3%, of our eligible customers signed up for the SSLP Plan and approximately 1,000 non-customer participants signed up for either the WSLP Plan or SSLP Plan.
	Artesian Development is a real estate holding company that owns properties, including land zoned for office buildings, a water treatment plant and wastewater facility, as well as property for current operations, including an office facility in Sussex County, Delaware.  The facility consists of approximately 10,000 square feet of office space along with nearly 10,000 square feet of warehouse space.  This facility allows all of our Sussex County, Delaware operations to be housed in one central location.
	Artesian Consulting Engineers no longer offers development and architectural services to outside third parties.  Artesian will continue to provide design and engineering contract services through our Artesian Utility subsidiary.

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2014
BASIS OF PRESENTATION [Abstract]	'
BASIS OF PRESENTATION	'
	NOTE 2 – BASIS OF PRESENTATION
	Basis of Presentation
	The unaudited condensed consolidated financial statements are presented in accordance with the requirements of Form 10-Q and consequently do not include all the disclosures required in the financial statements included in the Company's annual report on Form 10-K.  Accordingly, these financial statements and related notes should be read in conjunction with the financial statements and related notes in the Company's annual report on Form 10-K for fiscal year 2013 as filed with the Securities and Exchange Commission on March 14, 2014.
	The condensed consolidated financial statements include the accounts of Artesian Resources Corporation and its wholly owned subsidiaries, including its principal operating company, Artesian Water.  In the opinion of the Company, the accompanying unaudited condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the Company's balance sheet position as of March 31, 2014, the results of operations for the three month periods ended March 31, 2014 and 2013 and the cash flows for the three month periods ended March 31, 2014 and 2013.
	The results of operations for the interim periods presented are not necessarily indicative of the results for the full year or for future periods.

STOCK_COMPENSATION_PLANS

STOCK COMPENSATION PLANS	3 Months Ended
	Mar. 31, 2014
STOCK COMPENSATION PLANS [Abstract]	'
STOCK COMPENSATION PLANS	'
	NOTE 3 – STOCK COMPENSATION PLANS
	On May 25, 2005, the Company's stockholders approved a new Equity Compensation Plan, which authorizes up to 500,000 shares of Class A Non-Voting Common Stock, or Class A Stock, for issuance, referred to as the 2005 Equity Compensation Plan, or the Plan.  Since May 25, 2005, no additional grants have been made under the Company's other stock-based compensation plans that were previously available.  The Company accounts for stock options issued after January 1, 2006 under Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC Topic, 718.  For the three months ended March 31, 2014, compensation expense of approximately $34,000 was recorded for stock options granted in May 2013.  Approximately $24,000 in compensation expense was recorded during the three months ended March 31, 2013 for stock options granted in May 2012.  Costs were determined based on the fair value at the grant dates and those costs are being charged to income over the service period associated with the grants.
	There was no stock compensation cost capitalized as part of an asset.
	The fair value of each option grant is estimated using the Black-Scholes-Merton option pricing model with the following weighted-average assumptions used for grants issued in 2013 and 2012.  All options were granted at market value with a 10-year option term with a vesting period of one year from the date of grant.
		2013		2012
	Expected Dividend Yield	3.63	%	4.18	%
	Expected Stock Price Volatility	26.16	%	25.13	%
	Weighted Average Risk-Free Interest Rate	1.68	%	1.87	%
	Weighted Average Expected Life of Options (in years)	9.41		9.47
	The expected dividend yield was based on a 12-month rolling average of the Company's dividend yield.  The expected volatility is the standard deviation of the change in the natural logarithm of the stock price (expressed as an annual rate) for the expected term shown above.  The expected term was based on historic exercise patterns for similar grants.  The risk-free interest rate is calculated from the Treasury Constant Maturity rates as of the date of the grants.
	The following summary reflects changes in the shares of Class A Stock underlying options:
			Option Shares			Weighted Average Exercise Price		Weighted Average Remaining Life (Yrs.)		Aggregate Intrinsic Value (in thousands)
	Plan options
	Outstanding at January 1, 2014			387,000		$	18.96				1,542
	Granted			–			–				–
	Exercised			(23,125	)		16.13				144
	Expired			–			–				–
	Outstanding at March 31, 2014			363,875		$	19.14		4.51	$	1,213
	Options exercisable at March 31, 2014			330,125		$	18.79		4.04	$	1,213
	The total intrinsic value of options exercised during the three months ended March 31, 2014 was approximately $144,000.
	The following summary reflects changes in the non-vested shares of Class A Stock underlying options:
	Non-vested Shares		Option Shares			Weighted Average Grant – Date Fair Value Per Option
	Non-vested at January 1, 2014			33,750		$	4.04
	Granted			–			–
	Vested			–			–
	Canceled			–			–
	Non-vested at March 31, 2014			33,750		$	4.04
	As of March 31, 2014, there was $14,000 of total unrecognized expense related to non-vested option shares granted under the Plan.  The cost will be recognized over the remaining 0.10 years vesting period of the unvested options.

REGULATORY_ASSETS

REGULATORY ASSETS	3 Months Ended
	Mar. 31, 2014
REGULATORY ASSETS [Abstract]	'
REGULATORY ASSETS	'
	NOTE 4 - REGULATORY ASSETS
	FASB ASC Topic 980 stipulates generally accepted accounting principles for companies whose rates are established or subject to approvals by a third-party regulatory agency.  Certain expenses are recoverable through rates charged to our customers, without a return on investment, and are deferred and amortized during future periods using various methods as permitted by the Delaware Public Service Commission, or DEPSC, the Maryland Public Service Commission, or MDPSC, and the Pennsylvania Public Utility Commission, or PAPUC.  Depreciation and salary study expenses are amortized on a straight-line basis over a period of five years.  All other expenses related to Delaware rate proceedings and applications to increase rates are amortized on a straight line basis over a period of two years.  Other expenses related to Maryland rate proceedings and applications to increase rates are amortized on a straight line basis over a period of five years or until the next rate increase application.  The postretirement benefit obligation is the recognition of an offsetting regulatory asset as it relates to the accrual of the expected cost of providing postretirement health care and life insurance benefits to retired employees when they render the services necessary to earn the benefits.  The deferred income taxes will be amortized over future years as the tax effects of temporary differences that previously flowed through to our customers are reversed.  Goodwill was recognized as a result of the acquisition of Mountain Hill in August 2008 and is currently being amortized on a straight-line basis over a period of fifty years.  Deferred acquisition and franchise costs are the result of due diligence costs related to the December 2011 purchase of water assets in Cecil County, Maryland and the November 2010 purchase of the Port Deposit, Maryland water assets.  Amortization of these deferred acquisition costs began once the acquired assets were placed into service.  The amortization of the Port Deposit acquisition began in November 2010 and the amortization of the Cecil County acquisition began in December 2011.  These acquisition costs will be amortized over a period of twenty years, while the franchise costs will be amortized over a period of eighty years.
	Regulatory assets, net of amortization, comprise:
		(in thousands)
		31-Mar-14		31-Dec-13
	Postretirement benefit obligation	$	438	$	438
	Deferred income taxes		472		476
	Goodwill		331		333
	Deferred acquisition and franchise costs		783		792
	Expense of rate and regulatory proceedings		266		265
		$	2,290	$	2,304
	Artesian Water contributed $32,000 to its postretirement benefit plan in the first three months of 2014.  These contributions consist of insurance premium payments for medical, dental and life insurance benefits made on behalf of the Company's eligible retired employees.

NET_INCOME_PER_COMMON_SHARE_AN

NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE	3 Months Ended
	Mar. 31, 2014
NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE [Abstract]	'
NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE	'
	NOTE 5 - NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE
	Basic net income per share is based on the weighted average number of common shares outstanding.  Diluted net income per share is based on the weighted average number of common shares outstanding and the potentially dilutive effect of employee stock options.
	The following table summarizes the shares used in computing basic and diluted net income per share:
		For the Three Months
		Ended March 31,
		2014		2013
		(in thousands)
	Weighted average common shares outstanding during the period for Basic computation		8,845		8,725
	Dilutive effect of employee stock options		54		69
	Weighted average common shares outstanding during the period for Diluted computation		8,899		8,794
	For the three months ended March 31, 2014, employee stock options to purchase 33,750  shares of common stock were excluded from the calculations of diluted net income per share, as the calculated proceeds from the options' exercise were greater than the average market price of the Company's common stock during this period.
	The Company has 15,000,000 authorized shares of Class A Stock and 1,040,000 authorized shares of Class B Stock.  As of March 31, 2014, 7,982,317 shares of Class A Stock and 881,452 shares of Class B Stock were issued and outstanding.  As of March 31, 2013, 7,859,027 shares of Class A Stock and 881,452 shares of Class B Stock were issued and outstanding.  The par value for both classes is $1.00 per share.  For the three months ended March 31, 2014 and March 31, 2013, the Company issued 33,748 and 30,191 shares of Class A Stock, respectively.
	Equity per common share was $13.88 and $13.89 at March 31, 2014 and December 31, 2013, respectively. These amounts were computed by dividing common stockholders' equity by the number of weighted average shares of common stock outstanding on March 31, 2014 and December 31, 2013, respectively.

REGULATORY_PROCEEDINGS

REGULATORY PROCEEDINGS	3 Months Ended
	Mar. 31, 2014
REGULATORY PROCEEDINGS [Abstract]	'
REGULATORY PROCEEDINGS	'
	NOTE 6 - REGULATORY PROCEEDINGS
	Our water and wastewater utilities generate operating revenue from customers based on rates that are established by state Public Service Commissions through a rate setting process that may include public hearings, evidentiary hearings and the submission of evidence and testimony in support of the requested level of rates by the Company.
	We are subject to regulation by the following state regulatory commissions:  The DEPSC regulates both Artesian Water and Artesian Wastewater.  Artesian Water Maryland and Artesian Wastewater Maryland are subject to the regulatory jurisdiction of the MDPSC, and Artesian Water Pennsylvania is subject to the regulatory jurisdiction of the PAPUC.
	Rate Proceedings
	Our regulated utilities periodically seek rate increases to cover the cost of increased operating expenses, increased financing expenses due to additional investments in utility plant and other costs of doing business.  In Delaware, utilities are permitted by law to place rates into effect, under bond, on a temporary basis pending completion of a rate increase proceeding.  The first temporary increase may be up to the lesser of $2.5 million on an annual basis or 15% of gross water sales.  Should the rate case not be completed within seven months, by law, the utility may put the entire requested rate relief, up to 15% of gross water sales, in effect under bond until a final resolution is ordered and placed into effect.  If any such rates are found to be in excess of rates the DEPSC finds to be appropriate, the utility must refund the portion found to be in excess to customers with interest.  The timing of our rate increase requests are therefore dependent upon the estimated cost of the administrative process in relation to the investments and expenses that we hope to recover through the rate increase.  We can provide no assurances that rate increase requests will be approved by applicable regulatory agencies and, if approved, we cannot guarantee that these rate increases will be granted in a timely or sufficient manner to cover the investments and expenses for which we initially sought the rate increase.
	On April 11, 2014, Artesian Water filed a request with the DEPSC to implement new rates to meet a requested increase in revenue of 15.9%,  or approximately $10.0 million, on an annualized basis.  The actual effective increase is less than 15.9% since Artesian Water has been permitted to recover specific investments made in infrastructure through the assessment of a 3.3% Distribution System Infrastructure Charge, or DSIC.  Since the DSIC rate is set to zero when temporary rates are placed into effect, customers would experience an incremental increase of 12.6%, the net of the overall 15.9% increase less the DSIC rate of 3.3% currently in effect, if the requested increase is granted in full by the DEPSC.  The new rates are designed to support Artesian Water's ongoing capital improvement program and to cover increased costs of operations, including water quality testing, chemicals and electricity for water treatment, taxes, labor and benefits.  In accordance with applicable law, Artesian Water anticipates implementing temporary rates 60 days from the date of filing, up to the statutory limit of $2.5 million on an annual basis, until permanent rates are determined by the DEPSC.  Artesian Water's last request to implement new rates was filed in April 2011.
	On January 18, 2013, Artesian Wastewater filed an application with the DEPSC to revise its rates and charges for wastewater services concerning territories located in Kent and Sussex County, Delaware.  Artesian Wastewater requested authorization to implement proposed rates for wastewater services to meet a requested increase in revenue of approximately $343,000, or 34.8%, on an annualized basis.  The new rates are designed to support Artesian Wastewater's ongoing capital improvement program and to cover increased costs of operations.  On August 6, 2013, Artesian Wastewater, the Staff of the Delaware Public Service Commission and the Division of the Public Advocate entered into an agreement to settle Artesian Wastewater's application for an increase in rates.  On October 8, 2013, the DEPSC approved the settlement agreement authorizing a two-step increase in rates, with the first step effective upon approval of the settlement and the second step effective one year thereafter.  Once fully implemented, based on the current number of households, the new rates will provide Artesian Wastewater approximately $174,000 in additional annual revenue.  The settlement also authorized a return on equity of 10%.
	Other Proceedings
	Delaware law permits water utilities to put into effect, on a semi-annual basis, increases related to specific types of distribution system improvements through a Distribution System Improvement Charge, or DSIC.  This charge may be implemented by water utilities between general rate increase applications that normally recognize changes in a water utility's overall financial position.  The DSIC approval process is less costly when compared to the approval process for general rate increase requests.  The DSIC rate applied between base rate filings is capped at 7.5% of the amount billed to customers under otherwise applicable rates and charges, and the DSIC rate increase applied cannot exceed 5% within any 12-month period.  In November 2012, Artesian Water filed an application with the DEPSC for approval to collect a DSIC rate of 1.59% effective January 1, 2013.  This rate was based on approximately $4.6 million in eligible plant improvements since the last rate application.  On December 14, 2012, the DEPSC approved the DSIC effective January 1, 2013, subject to audit at a later date.  In May 2013, Artesian Water filed an application with the DEPSC for approval to collect a DSIC rate of 2.09% effective July 1, 2013.  This rate was based on approximately $2.0 million in eligible plant improvements since the last rate application.  On June 18, 2013, the DEPSC approved the DSIC effective July 1, 2013, subject to audit at a later date.  In November 2013, Artesian Water filed an application with the DEPSC for approval to collect a DSIC rate of 3.32% effective January 1, 2014.   This rate was based on approximately $4.9 million in eligible plant improvements since the last rate application.  On December 17, 2013, the DEPSC approved the DSIC effective January 1, 2014, subject to audit at a later date.  For the three  months ended March 31, 2014 and March 31, 2013, we earned approximately $495,000 and $258,000 in DSIC revenue, respectively.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2014
INCOME TAXES [Abstract]	'
INCOME TAXES	'
	NOTE 7 – INCOME TAXES
	Under FASB ASC Topic 740, an uncertain tax position represents our expected treatment of a tax position taken, or planned to be taken in the future, that has not been reflected in measuring income tax expense for financial reporting purposes.  As a result of our review of our tax positions, we determined that we had no material uncertain tax positions.  The Company would recognize, if applicable, interest accrued and penalties related to unrecognized tax benefits in interest expense and in accordance with the regulations of the jurisdictions involved.  There were no such interest and penalty charges for the three months ended March 31, 2014 or March 31, 2013.  The Company remains subject to examination by federal and state authorities for tax years 2010 through 2013.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	NOTE 8 – FAIR VALUE OF FINANCIAL INSTRUMENTS
	The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value.
	Current Assets and Liabilities
	For those current assets and liabilities that are considered financial instruments, the carrying amounts approximate fair value because of the short maturity of those instruments.
	Long-term Financial Liabilities
	All of Artesian Resources' outstanding long-term debt as of March 31, 2014 and December 31, 2013 was fixed-rate.  The fair value of the Company's long-term debt is determined by discounting their future cash flows using current market interest rates on similar instruments with comparable maturities consistent with FASB ASC 825.  Under the fair value hierarchy, the fair value of the long-term debt in the table below is classified as Level 2 measurements.  The fair values for long-term debt differ from the carrying values primarily due to interest rates that differ from the current market interest rates.  The carrying amount and fair value of Artesian Resources' long-term debt are shown below:
	In thousands
		31-Mar-14			31-Dec-13
	Carrying amount		$	106,615		$	106,642
	Estimated fair value		$	127,063		$	124,461
	The fair value of Advances for Construction cannot be reasonably estimated due to the inability to accurately estimate the timing and amounts of future refunds expected to be paid over the life of the contracts.  Refund payments are based on the water sales to new customers in the particular development constructed.  The fair value of Advances for Construction would be less than the carrying amount because these financial instruments are non-interest bearing.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2014
RELATED PARTY TRANSACTIONS [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 9 – RELATED PARTY TRANSACTIONS
	In September 2013, Artesian Water entered into a contract in the normal course of business with W.F. Construction, a related party, for work associated with structural repairs to a water treatment plant. The value of the total contract at March 31, 2014 is approximately $340,000.  The owner of W.F. Construction is the husband of Mrs. Jennifer Finch, Vice President and Assistant Treasurer of Artesian Resources.  As set forth in the Charter of the Artesian Resources Audit Committee of the Board of Directors, the Audit Committee is responsible for reviewing and, if appropriate, approving all related party transactions between us and any officer, director, any person known to be the beneficial owner of more than 5% of any class of the Company's voting securities or any other related person that would potentially require disclosure.  In its review and approval of the related party transaction with W.F. Construction, the Audit Committee considered the nature of the related person's interest in the transaction; the satisfactory performance of work contracted with the related party prior to our employment of Mrs. Finch; and the material terms of the transaction, including, without limitation, the amount and type of transaction, the importance of the transaction to the related person, the importance of the transaction to the Company and whether the transaction would impair the judgment of a director or officer to act in the best interest of the Company.  The Audit Committee approves only those related person transactions that are in, or are not inconsistent with, the best interests of the Company and its stockholders.  All services provided under the contract with W.F. Construction are in the ordinary course of business at fees and on terms and conditions that the Company believes are the same as those that would result from arm's-length negotiations between unrelated parties.

IMPACT_OF_RECENT_ACCOUNTING_PR

IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2014
IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS [Abstract]	'
IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS	'
	NOTE 10 - IMPACT OF RECENT ACCOUNTING PRONOUNCEMENTS
	In January 2014, the FASB issued amended guidance on the accounting for service concession arrangements.  The guidance specifies that an operating entity should not account for a service concession arrangement as a lease.  Service concession arrangements may become more prevalent in the United States as public-sector entities seeks alternative ways to provide public services on a more efficient and cost-effective basis.  Entities should refer to other FASB topics as applicable to account for various aspects of a service concession arrangement.  This guidance also specifies that the infrastructure used in a service concession arrangement should not be recognized as property, plant and equipment of the entity.  This guidance should be applied on a modified retrospective basis to service concession arrangements that exist at the beginning of an entity's fiscal year of adoption.  The modified retrospective approach requires the cumulative effect of applying this ASU to arrangements existing at the beginning of the period of adoption to be recognized as an adjustment to the opening retained earnings balance for the annual period of adoption.  The amendments are effective for a public business entity for annual periods, and interim periods within those annual periods, beginning after December 15, 2014.  Early adoption is permitted.  Based on the nature of our current contractual agreements with public sector entities, management does not expect the adoption of this guidance to have a material impact on the Company's financial statements.

STOCK_COMPENSATION_PLANS_Table

STOCK COMPENSATION PLANS (Tables)	3 Months Ended
	Mar. 31, 2014
STOCK COMPENSATION PLANS [Abstract]	'
Weighted-average assumptions used for grants option	'
	The fair value of each option grant is estimated using the Black-Scholes-Merton option pricing model with the following weighted-average assumptions used for grants issued in 2013 and 2012.  All options were granted at market value with a 10-year option term with a vesting period of one year from the date of grant.
		2013		2012
	Expected Dividend Yield	3.63	%	4.18	%
	Expected Stock Price Volatility	26.16	%	25.13	%
	Weighted Average Risk-Free Interest Rate	1.68	%	1.87	%
	Weighted Average Expected Life of Options (in years)	9.41		9.47
Shares of Class A Non-Voting Common Stock under option	'
	The following summary reflects changes in the shares of Class A Stock underlying options:
			Option Shares			Weighted Average Exercise Price		Weighted Average Remaining Life (Yrs.)		Aggregate Intrinsic Value (in thousands)
	Plan options
	Outstanding at January 1, 2014			387,000		$	18.96				1,542
	Granted			–			–				–
	Exercised			(23,125	)		16.13				144
	Expired			–			–				–
	Outstanding at March 31, 2014			363,875		$	19.14		4.51	$	1,213
	Options exercisable at March 31, 2014			330,125		$	18.79		4.04	$	1,213
Non-vested shares of Class A Stock under option	'
	The following summary reflects changes in the non-vested shares of Class A Stock underlying options:
	Non-vested Shares		Option Shares			Weighted Average Grant – Date Fair Value Per Option
	Non-vested at January 1, 2014			33,750		$	4.04
	Granted			–			–
	Vested			–			–
	Canceled			–			–
	Non-vested at March 31, 2014			33,750		$	4.04

REGULATORY_ASSETS_Tables

REGULATORY ASSETS (Tables)	3 Months Ended
	Mar. 31, 2014
REGULATORY ASSETS [Abstract]	'
Regulatory assets, net of amortization, comprise	'
	Regulatory assets, net of amortization, comprise:
		(in thousands)
		31-Mar-14		31-Dec-13
	Postretirement benefit obligation	$	438	$	438
	Deferred income taxes		472		476
	Goodwill		331		333
	Deferred acquisition and franchise costs		783		792
	Expense of rate and regulatory proceedings		266		265
		$	2,290	$	2,304

NET_INCOME_PER_COMMON_SHARE_AN1

NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2014
NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE [Abstract]	'
Shares used in computing basic and diluted net income per share	'
	The following table summarizes the shares used in computing basic and diluted net income per share:
		For the Three Months
		Ended March 31,
		2014		2013
		(in thousands)
	Weighted average common shares outstanding during the period for Basic computation		8,845		8,725
	Dilutive effect of employee stock options		54		69
	Weighted average common shares outstanding during the period for Diluted computation		8,899		8,794

FAIR_VALUE_OF_FINANCIAL_INSTRU1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]	'
Fair value of long-term debt	'
	All of Artesian Resources' outstanding long-term debt as of March 31, 2014 and December 31, 2013 was fixed-rate.  The fair value of the Company's long-term debt is determined by discounting their future cash flows using current market interest rates on similar instruments with comparable maturities consistent with FASB ASC 825.  Under the fair value hierarchy, the fair value of the long-term debt in the table below is classified as Level 2 measurements.  The fair values for long-term debt differ from the carrying values primarily due to interest rates that differ from the current market interest rates.  The carrying amount and fair value of Artesian Resources' long-term debt are shown below:
	In thousands
		31-Mar-14			31-Dec-13
	Carrying amount		$	106,615		$	106,642
	Estimated fair value		$	127,063		$	124,461

GENERAL_Details

GENERAL (Details)	3 Months Ended
	Mar. 31, 2014
	Squarefeet
	Subsidiary
Number of wholly owned subsidiaries	8
Number of subsidiaries not regulated	3
Artesian Development purchased area of office space (in square feet)	10,000
Artesian Development purchased area of warehouse space (in square feet)	10,000
Artesian Wastewater [Member]	'
Number of wastewater treatment facilities owned and operated	4
Capacity of wastewater treatment facilities, minimum (in gallons per day)	730,000
Capacity of waste water treatment facilities, maximum (in gallons per day)	1,600,000
Artesian Utility [Member]	'
Initial contract period of operating wastewater treatment facilities in Middletown (in years)	'20 years
Number of wastewater treatment station facility operations in Middletown	2
Number of wastewater treatment facilities in Middletown providing reclaimed wastewater	1
Volume of water save by Artesian Water Management Partnership in Middletown, maximum (in gallons per day)	3,000,000
Number of Water Service Line Protection Plan customers	18,500
Number of Sewer Service Line Protection Plan customers	13,100
Percentage of Water Service Line Protection Plan customers signed up (in hundredths)	25.90%
Percentage Of Sewer Service Protection Plan customer signed up (in hundredths)	18.29%
Number of non-customers signed up with either Water Service Line Protection Plan or Service Line Protection Plan	1,000
Artesian Utility [Member] | Wastewater treatment facility first of two [Member]	'
Capacity of waste water treatment facilities, maximum (in gallons per day)	2,500,000
Artesian Utility [Member] | Wastewater treatment facility second of two [Member]	'
Capacity of waste water treatment facilities, maximum (in gallons per day)	250,000

STOCK_COMPENSATION_PLANS_Detai

STOCK COMPENSATION PLANS (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	25-May-05
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'
Granted, option shares (in shares)	0	'	'
Expired, option shares (in shares)	0	'	'
Share Based Compensation Arrangement By Share Based Payment Award Nonvested Options Outstanding [Roll Forward]	'	'	'
Granted, option shares (in shares)	0	'	'
Non-vested shares of Class A Stock under option [Abstract]	'	'	'
Vesting period for granted option (in years)	'1 year	'	'
Options granted term (in years)	'10 years	'	'
Weighted-average assumptions used for grants issued [Abstract]	'	'	'
Expected Dividend Yield (in hundredths)	3.63%	4.18%	'
Expected Stock Price Volatility (in hundredths)	26.16%	25.13%	'
Weighted Average Risk-Free Interest Rate (in hundredths)	1.68%	1.87%	'
Weighted Average Expected Life of Options (in years)	'9 years 4 months 28 days	'9 years 5 months 19 days	'
Base period for calculation of expected dividend yield (in months)	'12 months	'	'
Unrecognized expense related to non-vested option shares	$14,000	'	'
Period over which unvested options cost will recognized (in years)	'0 years 1 month 6 days	'	'
Class A Stock [Member] | 2005 Equity Compensation Plan [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Number of shares authorizes for new issues	'	'	500,000
Compensation expense	34,000	24,000	'
Class A Stock [Member] | Stock Options [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'
Outstanding at beginning of period, option shares (in shares)	387,000	'	'
Granted, option shares (in shares)	0	'	'
Exercised, option shares (in shares)	-23,125	'	'
Expired, option shares (in shares)	0	'	'
Outstanding at end of period, option shares (in shares)	363,875	'	'
Options exercisable at end of period, option share (in shares)	330,125	'	'
Shares of Class A Non-Voting Common Stock under option [Abstract]	'	'	'
Outstanding at beginning of period, weighted average exercise price (in dollars per shares)	$18.96	'	'
Granted, weighted average exercise price (in dollars per shares)	$0	'	'
Exercised, weighted average exercise price (in dollars per shares)	$16.13	'	'
Outstanding at end of period, weighted average exercise price (in dollars per shares)	$19.14	'	'
Options exercisable at end of period, weighted average exercise price (in dollars per shares)	$18.79	'	'
Outstanding at end of period, weighted average remaining life (in years)	'4 years 6 months 4 days	'	'
Options exercisable at end of period, weighted average remaining life (in years)	'4 years 0 months 14 days	'	'
Options exercisable at beginning of period, aggregate intrinsic value	1,542,000	'	'
Exercised, aggregate intrinsic value	144,000	'	'
Outstanding at end of period, aggregate intrinsic value	1,213,000	'	'
Options exercisable at end of period, aggregate intrinsic value	$1,213,000	'	'
Share Based Compensation Arrangement By Share Based Payment Award Nonvested Options Outstanding [Roll Forward]	'	'	'
Granted, option shares (in shares)	0	'	'
Class A Stock [Member] | Non-Vested Stock Option [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'
Granted, option shares (in shares)	0	'	'
Share Based Compensation Arrangement By Share Based Payment Award Nonvested Options Outstanding [Roll Forward]	'	'	'
Outstanding at beginning of period, Non-vested option shares (in shares)	33,750	'	'
Granted, option shares (in shares)	0	'	'
Vested, option shares (in shares)	0	'	'
Canceled, option shares (in shares)	0	'	'
Outstanding at end of period, Non-vested option shares (in shares)	33,750	'	'
Non-vested shares of Class A Stock under option [Abstract]	'	'	'
Outstanding at beginning of period, weighted average grant - date fair value per option (in dollars per shares)	$4.04	'	'
Granted, weighted average grant - date fair value per option (in dollars per shares)	$0	'	'
Vested, weighted average grant - date fair value per option (in dollars per shares)	$0	'	'
Canceled, weighted average grant - date fair value per option (in dollars per shares)	$0	'	'
Outstanding at end of period, weighted average grant - date fair value per option (in dollars per shares)	$4.04	'	'

REGULATORY_ASSETS_Details

REGULATORY ASSETS (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Regulatory Assets [Line Items]	'	'
Regulatory assets, net	$2,290,000	$2,304,000
Period over which depreciation and salary study expenses amortized (in years)	'5	'
Period over which Delaware rate proceedings and applications expenses amortized (in years)	'2 years	'
Period over which Maryland rate proceedings and applications expenses amortized	'five years or until the next rate increase application	'
Period over which goodwill amortized (in years)	'50 years	'
Period over which Port Deposit and Cecil County deferred acquisition costs amortized (in years)	'20 years	'
Period over which Cecil County deferred franchise costs amortized (in years)	'80 years	'
Artesian Water contributed to its postretirement benefit plan	32,000	'
Postretirement benefit obligation [Member]	'	'
Regulatory Assets [Line Items]	'	'
Regulatory assets, net	438,000	438,000
Deferred income taxes recoverable in future rates [Member]	'	'
Regulatory Assets [Line Items]	'	'
Regulatory assets, net	472,000	476,000
Goodwill A R T N A [Member]	'	'
Regulatory Assets [Line Items]	'	'
Regulatory assets, net	331,000	333,000
Deferred acquisition and franchise costs [Member]	'	'
Regulatory Assets [Line Items]	'	'
Regulatory assets, net	783,000	792,000
Expense of rate and regulatory proceedings [Member]	'	'
Regulatory Assets [Line Items]	'	'
Regulatory assets, net	$266,000	$265,000

NET_INCOME_PER_COMMON_SHARE_AN2

NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Shares used in computing basic and diluted net income per share [Abstract]	'	'	'
Weighted average common shares outstanding during the period for Basic computation (in shares)	8,845,000	8,725,000	'
Dilutive effect of employee stock options (in shares)	54,000	69,000	'
Weighted average common shares outstanding during the period for Diluted computation (in shares)	8,899,000	8,794,000	'
Common stock excluded from calculations of diluted net income per share (in shares)	33,750	'	'
Class of Stock [Line Items]	'	'	'
Equity per common share (in dollars per share)	$13.88	'	$13.89
Class A Stock [Member]	'	'	'
Class of Stock [Line Items]	'	'	'
Common stock, shares authorized (in shares)	15,000,000	'	'
Common stock, shares issued (in shares)	7,982,317	7,859,027	'
Common stock, shares outstanding (in shares)	7,982,317	7,859,027	'
Common stock, par value (in dollars per share)	$1	'	'
Common stock, shares issued during period (in shares)	33,748	30,191	'
Class B Stock [Member]	'	'	'
Class of Stock [Line Items]	'	'	'
Common stock, shares authorized (in shares)	1,040,000	'	'
Common stock, shares issued (in shares)	881,452	881,452	'
Common stock, shares outstanding (in shares)	881,452	881,452	'
Common stock, par value (in dollars per share)	$1	'	'

REGULATORY_PROCEEDINGS_Details

REGULATORY PROCEEDINGS (Details) (USD $)	3 Months Ended		0 Months Ended		1 Months Ended	3 Months Ended			3 Months Ended
	Mar. 31, 2014	Mar. 31, 2014	31-May-13	Nov. 30, 2012	Nov. 30, 2013	Mar. 31, 2014	Mar. 31, 2013	Apr. 11, 2014	Mar. 31, 2014	Oct. 08, 2013	Jan. 18, 2013
		Delaware [Member]	Artesian Water [Member]	Artesian Water [Member]	Artesian Water [Member]	Artesian Water [Member]	Artesian Water [Member]	Artesian Water [Member]	Artesian Wastewater [Member]	Artesian Wastewater [Member]	Artesian Wastewater [Member]
Rate Proceedings [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Maximum temporary annual rate increase subject to 15% gross water sales limitation	'	$2,500,000	'	'	'	'	'	'	'	'	'
Percentage of gross water sales maximum temporary annual rate increase subject to $2.5 million limitation (in hundredths)	15.00%	'	'	'	'	'	'	'	'	'	'
Period to complete rate case by law (in months)	'	'7 months	'	'	'	'	'	'	'	'	'
Percentage of rate relief allowed should a rate case not complete, maximum (in hundredths)	15.00%	'	'	'	'	'	'	'	'	'	'
Percentage of revenue increase in a filed request to implement new rates (in hundredths)	'	'	'	'	'	'	'	15.90%	'	'	34.80%
Amount of annual revenue increase in a filed request to implement new rates	'	'	'	'	'	'	'	10,000,000	'	'	343,000
Increase in annual revenue expected from rate increase application approval	'	'	'	'	'	'	'	'	'	174,000	'
Return on Equity (in hundredths)	'	'	'	'	'	'	'	'	10.00%	'	'
Incremental Increase to Customers	'	'	'	'	'	'	'	12.60%	'	'	'
Other Proceedings [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Distribution System Improvement Charge rate increase applied between base rate filings, maximum (in hundredths)	'	7.50%	'	'	'	'	'	'	'	'	'
Distribution System Improvement Charge rate increase maximum within a 12-month period (in hundredths)	'	5.00%	'	'	'	'	'	'	'	'	'
Percentage of Distribution System Improvement Charges annual rate increase application filed by company to regulatory (in hundredths)	'	'	2.09%	1.59%	3.32%	'	'	'	'	'	'
Increase in revenue due to DSIC rate increase application, annually	'	'	2,000,000	4,600,000	4,900,000	'	'	'	'	'	'
Revenue earned in DSIC rate increases	'	'	'	'	'	$495,000	$258,000	'	'	'	'

INCOME_TAXES_Details

INCOME TAXES (Details)	3 Months Ended
	Mar. 31, 2014
State Authorities [Member]	'
Income Tax Examination [Line Items]	'
Income tax examination description	'for tax years 2010 through 2013
Federal Authorities [Member]	'
Income Tax Examination [Line Items]	'
Income tax examination description	'for tax years 2010 through 2013

FAIR_VALUE_OF_FINANCIAL_INSTRU2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Carrying Amount [Member]	'	'
Long-term Financial Liabilities [Abstract]	'	'
Long-term Debt, Fair Value	$106,615	$106,642
Estimated fair value [Member]	'	'
Long-term Financial Liabilities [Abstract]	'	'
Long-term Debt, Fair Value	$127,063	$124,461

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Related Party Transaction [Line Items]	'
Stock ownership required to be disclosed, minimum (in hundredths)	5.00%
W.F. Construction [Member]	'
Related Party Transaction [Line Items]	'
Contract to repair water treatment plant	$340,000