$MSEX
MIDDLESEX WATER CO Stock $msex

$msex Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000117494716002599 Filed on May 03, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q4
Revenue	$32.73M	$30.58M	$30.93M
YoY Change	3.36%	6.25%	10.03%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.440M	$3.360M	$3.100M
YoY Change	0.58%	3.19%	0.0%
% of Gross Profit
Operating Expenses	$22.40M	$22.28M	$22.46M
YoY Change	-0.14%	0.82%	12.02%
Operating Profit		$8.302M	$8.460M
YoY Change		24.19%	4.99%
Interest Expense	-$1.440M	$978.0K	-$1.500M
YoY Change	-196.26%	-7.56%	2.04%
% of Operating Profit		11.78%	-17.73%
Other Income/Expense, Net	$140.0K	$91.00K	-$120.0K
YoY Change	9.38%	65.45%	-80.0%
Pretax Income	$9.030M	$7.415M	$6.850M
YoY Change	14.78%	30.5%	14.36%
Income Tax	$3.110M	$2.625M	$2.290M
% Of Pretax Income	34.44%	35.4%	33.43%
Net Earnings	$5.920M	$4.790M	$4.560M
YoY Change	16.33%	31.74%	20.32%
Net Earnings / Revenue	18.09%	15.66%	14.75%
Basic Earnings Per Share		$0.29	$0.29
Diluted Earnings Per Share	$360.3K	$0.29	$0.28
COMMON SHARES
Basic Shares Outstanding	16.24M shares	16.23K shares	16.21M shares
Diluted Shares Outstanding		16.39K shares

Balance Sheet

Concept	2016 Q2	2016 Q1	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.200M	$3.600M	$3.500M
YoY Change	-79.31%	-28.0%	29.63%
Cash & Equivalents	$1.200M	$3.646M	$3.469M
Short-Term Investments
Other Short-Term Assets	$11.40M	$8.500M	$8.200M
YoY Change	8.57%	10.39%	3.8%
Inventory	$4.700M	$2.900M	$2.600M
Prepaid Expenses		$1.992M	$2.035M
Receivables	$10.90M	$9.530M	$10.06M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$28.30M	$24.60M	$24.41M
YoY Change	-2.58%	-4.04%	6.76%
LONG-TERM ASSETS
Property, Plant & Equipment	$506.5M	$495.7M	$491.0M
YoY Change	4.91%	3.79%	3.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$61.30M	$341.0K	$385.0K
YoY Change	13432.01%	-29.4%	-25.68%
Total Long-Term Assets	$572.1M	$561.4M	$557.0M
YoY Change	2.65%	1.31%	0.74%
TOTAL ASSETS
Total Short-Term Assets	$28.30M	$24.60M	$24.41M
Total Long-Term Assets	$572.1M	$561.4M	$557.0M
Total Assets	$600.4M	$586.0M	$581.4M
YoY Change	2.39%	1.07%	0.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.600M	$6.500M	$6.525M
YoY Change	7.56%	-6.53%	2.69%
Accrued Expenses	$1.100M	$400.0K	$1.100M
YoY Change	0.0%	-20.0%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$10.50M	$2.000M	$3.000M
YoY Change	-41.67%	-86.67%	-84.21%
Long-Term Debt Due	$5.900M	$5.691M	$5.739M
YoY Change	3.65%	-6.58%	-2.89%
Total Short-Term Liabilities	$39.10M	$30.50M	$28.32M
YoY Change	-20.87%	-30.12%	-35.45%
LONG-TERM LIABILITIES
Long-Term Debt	$131.0M	$131.4M	$136.2M
YoY Change	-3.72%	-4.62%	0.15%
Other Long-Term Liabilities	$144.0M	$2.006M	$1.597M
YoY Change	8579.93%	62.56%	25.06%
Total Long-Term Liabilities	$275.0M	$133.5M	$137.8M
YoY Change	99.67%	-4.02%	0.38%
TOTAL LIABILITIES
Total Short-Term Liabilities	$39.10M	$30.50M	$28.32M
Total Long-Term Liabilities	$275.0M	$133.5M	$137.8M
Total Liabilities	$385.8M	$374.7M	$166.2M
YoY Change	106.16%	105.1%	-8.29%
SHAREHOLDERS EQUITY
Retained Earnings		$57.46M	$55.93M
YoY Change		16.98%	15.03%
Common Stock		$151.3M	$150.8M
YoY Change		1.46%	1.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$214.6M	$211.2M	$209.1M
YoY Change
Total Liabilities & Shareholders Equity	$600.4M	$586.0M	$581.4M
YoY Change	2.39%	1.07%	0.97%

Cashflow Statement

Concept	2016 Q2	2016 Q1	2015 Q4
OPERATING ACTIVITIES
Net Income	$5.920M	$4.790M	$4.560M
YoY Change	16.33%	31.74%	20.32%
Depreciation, Depletion And Amortization	$3.440M	$3.360M	$3.100M
YoY Change	0.58%	3.19%	0.0%
Cash From Operating Activities	$4.410M	$12.34M	$22.06M
YoY Change	-49.6%	7.96%	117.77%
INVESTING ACTIVITIES
Capital Expenditures	-$13.44M	$6.672M	-$6.470M
YoY Change	-273.17%	36.58%	-5.13%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change	-100.0%	-100.0%	-100.0%
Cash From Investing Activities	-$13.44M	-$6.670M	-$6.470M
YoY Change	82.61%	70.59%	10.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$433.0K
YoY Change		16.4%
Debt Paid & Issued, Net		$1.092M
YoY Change		4.4%
Cash From Financing Activities	6.620M	-5.490M	-16.76M
YoY Change	-1103.03%	6.6%	152.79%
NET CHANGE
Cash From Operating Activities	4.410M	12.34M	22.06M
Cash From Investing Activities	-13.44M	-6.670M	-6.470M
Cash From Financing Activities	6.620M	-5.490M	-16.76M
Net Change In Cash	-2.410M	180.0K	-1.170M
YoY Change	-430.14%	-92.41%	-50.63%
FREE CASH FLOW
Cash From Operating Activities	$4.410M	$12.34M	$22.06M
Capital Expenditures	-$13.44M	$6.672M	-$6.470M
Free Cash Flow	$17.85M	$5.668M	$28.53M
YoY Change	1704.85%	-13.4%	68.32%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16233	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16132	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16389	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16288	shares
CY2016Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.1988
CY2015Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.1925
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4754000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3600000	USD
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.22
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2625000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2046000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	4790000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	3636000	USD
CY2016Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	36000	USD
CY2015Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	36000	USD
CY2016Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	91000	USD
CY2015Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	55000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	978000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	1058000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	7415000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5682000	USD
CY2016Q1	us-gaap	Public Utilities Allowance For Funds Used During Construction Additions PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions	61000	USD
CY2015Q1	us-gaap	Public Utilities Allowance For Funds Used During Construction Additions PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions	82000	USD
CY2016Q1	us-gaap	Other Income OtherIncome	48000	USD
CY2015Q1	us-gaap	Other Income OtherIncome	39000	USD
CY2016Q1	us-gaap	Taxes Other TaxesOther	3312000	USD
CY2015Q1	us-gaap	Taxes Other TaxesOther	3061000	USD
CY2016Q1	us-gaap	Operating Expenses OperatingExpenses	22277000	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	22095000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	8302000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	6685000	USD
CY2015Q4	us-gaap	Income Taxes Receivable Noncurrent IncomeTaxesReceivableNoncurrent	1408000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	341000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	385000	USD
CY2016Q1	msex	Deferred Charges And Other Assets DeferredChargesAndOtherAssets	74893000	USD
CY2015Q4	msex	Deferred Charges And Other Assets DeferredChargesAndOtherAssets	75103000	USD
CY2016Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q1	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	139095000	USD
CY2015Q4	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	137983000	USD
CY2016Q1	us-gaap	Contributions In Aid Of Construction ContributionsInAidOfConstruction	73656000	USD
CY2015Q4	us-gaap	Contributions In Aid Of Construction ContributionsInAidOfConstruction	73043000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	585963000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	581383000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	36119000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	36515000	USD
CY2016Q1	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	11034000	USD
CY2015Q4	us-gaap	Regulatory Liability Noncurrent RegulatoryLiabilityNoncurrent	10876000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2006000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1597000	USD
CY2016Q1	us-gaap	Customer Advances For Construction CustomerAdvancesForConstruction	20174000	USD
CY2015Q4	us-gaap	Customer Advances For Construction CustomerAdvancesForConstruction	20461000	USD
CY2016Q1	us-gaap	Accumulated Deferred Investment Tax Credit AccumulatedDeferredInvestmentTaxCredit	812000	USD
CY2015Q4	us-gaap	Accumulated Deferred Investment Tax Credit AccumulatedDeferredInvestmentTaxCredit	832000	USD
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	68950000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	67702000	USD
CY2015Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	880000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1945000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	28319000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	6500000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	6525000	USD
CY2016Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	12877000	USD
CY2015Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	9126000	USD
CY2016Q1	us-gaap	Interest Payable Current InterestPayableCurrent	418000	USD
CY2015Q4	us-gaap	Interest Payable Current InterestPayableCurrent	1104000	USD
CY2016Q1	us-gaap	Capitalization Longterm Debt And Equity CapitalizationLongtermDebtAndEquity	342677000	USD
CY2015Q4	us-gaap	Capitalization Longterm Debt And Equity CapitalizationLongtermDebtAndEquity	342038000	USD
CY2016Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	5691000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	5739000	USD
CY2016Q1	us-gaap	Notes Payable Current NotesPayableCurrent	2000000	USD
CY2015Q4	us-gaap	Notes Payable Current NotesPayableCurrent	3000000	USD
CY2016Q1	msex	Total Common Equity TotalCommonEquity	208796000	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	2436000	USD
CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	131445000	USD
CY2016Q1	us-gaap	Assets Assets	585963000	USD
CY2015Q4	us-gaap	Assets Assets	581383000	USD
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	151337000	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	150763000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	57459000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	55931000	USD
CY2016Q1	us-gaap	Income Taxes Receivable Noncurrent IncomeTaxesReceivableNoncurrent	1408000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	24410000	USD
CY2016Q1	msex	Preliminary Survey And Investigation Charges PreliminarySurveyAndInvestigationCharges	2278000	USD
CY2015Q4	msex	Preliminary Survey And Investigation Charges PreliminarySurveyAndInvestigationCharges	2199000	USD
CY2016Q1	us-gaap	Regulatory Assets Noncurrent RegulatoryAssetsNoncurrent	58271000	USD
CY2016Q1	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	6539000	USD
CY2015Q4	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	6246000	USD
CY2016Q1	msex	Operations Contracts Developer And Other Receivables OperationsContractsDeveloperAndOtherReceivables	2902000	USD
CY2015Q4	msex	Operations Contracts Developer And Other Receivables OperationsContractsDeveloperAndOtherReceivables	2921000	USD
CY2016Q1	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	439000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	439000	USD
CY2016Q1	msex	Non Utility Assets Net NonUtilityAssetsNet	9254000	USD
CY2015Q4	msex	Non Utility Assets Net NonUtilityAssetsNet	9199000	USD
CY2016Q1	us-gaap	Public Utilities Inventory PublicUtilitiesInventory	2895000	USD
CY2015Q4	us-gaap	Public Utilities Inventory PublicUtilitiesInventory	2600000	USD
CY2016Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1992000	USD
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	2035000	USD
CY2016Q1	us-gaap	Public Utilities Property Plant And Equipment Net PublicUtilitiesPropertyPlantAndEquipmentNet	486468000	USD
CY2015Q4	us-gaap	Public Utilities Property Plant And Equipment Net PublicUtilitiesPropertyPlantAndEquipmentNet	481870000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3646000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3469000	USD
CY2016Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	9530000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	10060000	USD
CY2016Q1	us-gaap	Public Utilities Property Plant And Equipment Construction Work In Progress PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress	9528000	USD
CY2015Q4	us-gaap	Public Utilities Property Plant And Equipment Construction Work In Progress PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress	5734000	USD
CY2016Q1	us-gaap	Public Utilities Property Plant And Equipment Plant In Service PublicUtilitiesPropertyPlantAndEquipmentPlantInService	615509000	USD
CY2015Q4	us-gaap	Public Utilities Property Plant And Equipment Plant In Service PublicUtilitiesPropertyPlantAndEquipmentPlantInService	608213000	USD
CY2016Q1	us-gaap	Public Utilities Property Plant And Equipment Accumulated Depreciation PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation	129041000	USD
CY2015Q4	us-gaap	Public Utilities Property Plant And Equipment Accumulated Depreciation PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation	126343000	USD
CY2016Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1000	USD
CY2015Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		USD
CY2016Q1	msex	Deobligated Principal Payments DeobligatedPrincipalPayments	419000	USD
CY2015Q1	msex	Deobligated Principal Payments DeobligatedPrincipalPayments		USD
CY2016Q1	us-gaap	Interest Paid Net InterestPaidNet	1774000	USD
CY2015Q1	us-gaap	Interest Paid Net InterestPaidNet	1847000	USD
CY2016Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	21000	USD
CY2015Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	32000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2673000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5046000	USD
CY2016Q1	us-gaap	Contribution Of Property ContributionOfProperty	891000	USD
CY2015Q1	us-gaap	Contribution Of Property ContributionOfProperty	766000	USD
CY2016Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-565000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-335000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-5486000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-5150000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	177000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2373000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	433000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	372000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-6672000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3226000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3105000	USD
CY2016Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	36000	USD
CY2015Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	36000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1092000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1046000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt		USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	3000000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-1000000	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-4000000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6672000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4885000	USD
CY2016Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash		USD
CY2015Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-977000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-3908000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	281000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	200000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	12335000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	11431000	USD
CY2016Q1	us-gaap	Allowance For Funds Used During Construction Investing Activities AllowanceForFundsUsedDuringConstructionInvestingActivities	21000	USD
CY2015Q1	us-gaap	Allowance For Funds Used During Construction Investing Activities AllowanceForFundsUsedDuringConstructionInvestingActivities	32000	USD
CY2016Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-686000	USD
CY2015Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-680000	USD
CY2016Q1	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	19000	USD
CY2015Q1	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	1000000	USD
CY2016Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	10000	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	12000	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-43000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-25000	USD
CY2016Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	3751000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-530000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	618000	USD
CY2016Q1	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	293000	USD
CY2015Q1	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	250000	USD
CY2016Q1	us-gaap	Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories	295000	USD
CY2015Q1	us-gaap	Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories	-37000	USD
CY2016Q1	us-gaap	Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity	40000	USD
CY2015Q1	us-gaap	Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity	50000	USD
CY2016Q1	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue		USD
CY2015Q1	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	48000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	141000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	116000	USD
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000	shares
CY2016Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16240	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16225	shares
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	126	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	24	shares
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000	shares
CY2016Q1	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	1654000	USD
CY2015Q4	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	1707000	USD
CY2016Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	3284000	USD
CY2015Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	3339000	USD
CY2016Q1	us-gaap	Long Term Debt LongTermDebt	138766000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	140279000	USD
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	24	shares
CY2016Q1	msex	Reclassification Of Unamortized Debt Expense Due To New Accounting Standard ReclassificationOfUnamortizedDebtExpenseDueToNewAccountingStandard	-3300000	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	15488	shares
CY2016Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	400000	USD
CY2015Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	16172	shares
CY2015Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	400000	USD
CY2016Q1	us-gaap	Other Long Term Debt OtherLongTermDebt	53900000	USD
CY2015Q4	us-gaap	Other Long Term Debt OtherLongTermDebt	54700000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	4777000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	3623000	USD
CY2016Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	pure
CY2016Q1	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	60000000	USD
CY2016Q1	us-gaap	Line Of Credit LineOfCredit	2000000	USD
CY2016Q1	us-gaap	Line Of Credit Facility Interest Rate At Period End LineOfCreditFacilityInterestRateAtPeriodEnd	0.0141	pure
CY2016Q1	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	3000000	USD
CY2015Q1	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	17900000	USD
CY2016Q1	us-gaap	Line Of Credit Facility Interest Rate During Period LineOfCreditFacilityInterestRateDuringPeriod	0.0141	pure
CY2015Q1	us-gaap	Line Of Credit Facility Interest Rate During Period LineOfCreditFacilityInterestRateDuringPeriod	0.0117	pure
CY2016Q1	us-gaap	Cost Of Purchased Water CostOfPurchasedWater	1467000	USD
CY2015Q1	us-gaap	Cost Of Purchased Water CostOfPurchasedWater	1372000	USD
CY2016Q1	us-gaap	Guaranty Liabilities GuarantyLiabilities	200000	USD
CY2016Q1	msex	Cost Of Treated Water CostOfTreatedWater	801000	USD
CY2015Q1	msex	Cost Of Treated Water CostOfTreatedWater	730000	USD
CY2016Q1	msex	Cost Of Untreated Water CostOfUntreatedWater	666000	USD
CY2015Q1	msex	Cost Of Untreated Water CostOfUntreatedWater	642000	USD
CY2016Q1	msex	Budgeted Construction Cost BudgetedConstructionCost	47300000	USD
CY2015Q4	us-gaap	Guaranty Liabilities GuarantyLiabilities	200000	USD
CY2016Q1	us-gaap	Defined Benefit Plan Benefits Paid DefinedBenefitPlanBenefitsPaid	300000	USD
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	MIDDLESEX WATER CO
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000066004
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16241484	shares
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1

Files In Submission

Name	View Source	Status
0001174947-16-002599-index-headers.html	Edgar Link	pending
0001174947-16-002599-index.html	Edgar Link	pending
0001174947-16-002599.txt	Edgar Link	pending
0001174947-16-002599-xbrl.zip	Edgar Link	pending
ex10-32a.htm	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
form10q-15793_msx.htm	Edgar Link	pending
image_001.jpg	Edgar Link	pending
msex-20160331.xml	Edgar Link	completed
msex-20160331.xsd	Edgar Link	pending
msex-20160331_cal.xml	Edgar Link	unprocessable
msex-20160331_def.xml	Edgar Link	unprocessable
msex-20160331_lab.xml	Edgar Link	unprocessable
msex-20160331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
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R33.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MSEX
MIDDLESEX WATER CO Stock $msex

2016 Q2 Form 10-Q Financial Statement

#000117494716002599 Filed on May 03, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MSEX MIDDLESEX WATER CO Stock $msex

2016 Q2 Form 10-Q Financial Statement

#000117494716002599 Filed on May 03, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MSEX
MIDDLESEX WATER CO Stock $msex