2023 Q1 Form 10-K Financial Statement
#000117494723000258 Filed on February 24, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 Q3 |
---|---|---|---|
Revenue | $38.11M | $38.82M | $47.70M |
YoY Change | 5.28% | 14.1% | 19.62% |
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 | $7.201M | $7.340M | $5.814M |
YoY Change | 5.51% | -23.11% | 33.56% |
% of Gross Profit | |||
Operating Expenses | $30.67M | $30.68M | $31.16M |
YoY Change | 6.09% | 10.8% | 9.51% |
Operating Profit | $7.490M | $8.147M | $16.58M |
YoY Change | -40.19% | 28.52% | 45.09% |
Interest Expense | $2.595M | -$2.793M | $2.355M |
YoY Change | 40.27% | 26.72% | -212.09% |
% of Operating Profit | 34.65% | -34.28% | 14.21% |
Other Income/Expense, Net | $1.711M | $1.204M | $2.039M |
YoY Change | -2.56% | 20.76% | 174.06% |
Pretax Income | $6.606M | $7.319M | $16.26M |
YoY Change | -46.85% | 35.34% | 56.17% |
Income Tax | $738.0K | $148.0K | $1.968M |
% Of Pretax Income | 11.17% | 2.02% | 12.1% |
Net Earnings | $5.868M | $7.169M | $14.29M |
YoY Change | -51.5% | -0.94% | 24.53% |
Net Earnings / Revenue | 15.4% | 18.47% | 29.96% |
Basic Earnings Per Share | $0.33 | $0.40 | $0.81 |
Diluted Earnings Per Share | $0.33 | $0.40 | $0.80 |
COMMON SHARES | |||
Basic Shares Outstanding | 17.64M shares | 17.64M shares | 17.61M shares |
Diluted Shares Outstanding | 17.77K shares | 17.74K shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.862M | $3.828M | $2.908M |
YoY Change | 47.6% | 8.35% | -44.95% |
Cash & Equivalents | $4.862M | $3.828M | $2.908M |
Short-Term Investments | |||
Other Short-Term Assets | $12.57M | $11.28M | $14.69M |
YoY Change | 17.27% | 11.13% | 12.14% |
Inventory | $6.559M | $6.177M | $5.792M |
Prepaid Expenses | $3.914M | $2.624M | $3.669M |
Receivables | $15.53M | $16.02M | $18.08M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $39.52M | $37.31M | $41.47M |
YoY Change | 20.25% | 8.59% | 2.23% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $957.1M | $935.6M | $914.9M |
YoY Change | 9.54% | 6.16% | 5.66% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $39.00K | $19.00K | $105.0K |
YoY Change | -41.79% | -77.11% | -99.91% |
Total Long-Term Assets | $1.059B | $1.037B | $1.023B |
YoY Change | 8.46% | 5.22% | 3.46% |
TOTAL ASSETS | |||
Total Short-Term Assets | $39.52M | $37.31M | $41.47M |
Total Long-Term Assets | $1.059B | $1.037B | $1.023B |
Total Assets | $1.099B | $1.074B | $1.065B |
YoY Change | 8.85% | 5.34% | 3.41% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $27.62M | $24.85M | $25.87M |
YoY Change | 52.96% | 17.62% | 49.21% |
Accrued Expenses | $3.098M | $3.235M | $2.874M |
YoY Change | 16.47% | 16.12% | 44.13% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $28.50M | $55.50M | $40.50M |
YoY Change | 90.0% | 326.92% | -19.0% |
Long-Term Debt Due | $17.45M | $17.46M | $7.567M |
YoY Change | 160.04% | 159.43% | 11.18% |
Total Short-Term Liabilities | $95.98M | $117.9M | $92.97M |
YoY Change | 60.85% | 108.16% | 0.51% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $329.6M | $290.3M | $301.2M |
YoY Change | 7.54% | -5.3% | 13.04% |
Other Long-Term Liabilities | $837.0K | $919.0K | $1.004M |
YoY Change | -22.57% | -15.38% | -99.59% |
Total Long-Term Liabilities | $330.5M | $291.2M | $302.2M |
YoY Change | 7.44% | -5.33% | 13.42% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $95.98M | $117.9M | $92.97M |
Total Long-Term Liabilities | $330.5M | $291.2M | $302.2M |
Total Liabilities | $426.5M | $409.1M | $395.2M |
YoY Change | 16.11% | 12.31% | -40.59% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $167.6M | $167.3M | $165.7M |
YoY Change | 9.69% | 14.72% | |
Common Stock | $235.8M | $233.1M | $232.4M |
YoY Change | 4.74% | 5.02% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $403.4M | $402.4M | $400.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.099B | $1.074B | $1.065B |
YoY Change | 8.85% | 5.34% | 3.41% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $5.868M | $7.169M | $14.29M |
YoY Change | -51.5% | -0.94% | 24.53% |
Depreciation, Depletion And Amortization | $7.201M | $7.340M | $5.814M |
YoY Change | 5.51% | -23.11% | 33.56% |
Cash From Operating Activities | $15.97M | $17.12M | $17.38M |
YoY Change | 14.28% | 18.97% | 328.18% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $24.52M | $25.40M | $26.60M |
YoY Change | 47.41% | -240.05% | 80.37% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$24.52M | -$25.40M | -$26.60M |
YoY Change | 81.47% | 40.05% | 80.37% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $1.553M | ||
YoY Change | 26.47% | ||
Cash From Financing Activities | $9.579M | 9.196M | 7.804M |
YoY Change | -1458.72% | 361.18% | -20.21% |
NET CHANGE | |||
Cash From Operating Activities | $15.97M | 17.12M | 17.38M |
Cash From Investing Activities | -$24.52M | -25.40M | -26.60M |
Cash From Financing Activities | $9.579M | 9.196M | 7.804M |
Net Change In Cash | $1.034M | 920.0K | -1.412M |
YoY Change | -532.64% | -152.6% | 56.02% |
FREE CASH FLOW | |||
Cash From Operating Activities | $15.97M | $17.12M | $17.38M |
Capital Expenditures | $24.52M | $25.40M | $26.60M |
Free Cash Flow | -$8.545M | -$8.276M | -$9.216M |
YoY Change | 221.72% | -125.45% | -13.76% |
Facts In Submission
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CY2021Q4 | msex |
Deferred Charges And Other Assets
DeferredChargesAndOtherAssets
|
120292000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
1074450000 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
1020015000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
233054000 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
221919000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
167274000 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
145807000 | usd |
CY2022Q4 | msex |
Total Common Equity
TotalCommonEquity
|
400328000 | usd |
CY2021Q4 | msex |
Total Common Equity
TotalCommonEquity
|
367726000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
2084000 | usd |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
2084000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
290280000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
306520000 | usd |
CY2022Q4 | us-gaap |
Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
|
692692000 | usd |
CY2021Q4 | us-gaap |
Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
|
676330000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
17462000 | usd |
CY2021Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
6731000 | usd |
CY2022Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
55500000 | usd |
CY2021Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
13000000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
24847000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
21125000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
12162000 | usd |
CY2021Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
8621000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
2535000 | usd |
CY2021Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1986000 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1365000 | usd |
CY2021Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1330000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3988000 | usd |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3826000 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
117859000 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
56619000 | usd |
CY2022Q4 | msex |
Construction Advances
ConstructionAdvances
|
21382000 | usd |
CY2021Q4 | msex |
Construction Advances
ConstructionAdvances
|
23529000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
3706000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
4367000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
77783000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
69500000 | usd |
CY2021Q4 | us-gaap |
Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
|
11290000 | usd |
CY2022Q4 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
46734000 | usd |
CY2021Q4 | us-gaap |
Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
|
49431000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
919000 | usd |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1086000 | usd |
CY2022Q4 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
150524000 | usd |
CY2021Q4 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
159203000 | usd |
CY2022Q4 | us-gaap |
Contributions In Aid Of Construction
ContributionsInAidOfConstruction
|
113375000 | usd |
CY2021Q4 | us-gaap |
Contributions In Aid Of Construction
ContributionsInAidOfConstruction
|
127863000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1074450000 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1020015000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
42429000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
36543000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
38425000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
27475000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
26799000 | usd |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
20838000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-5334000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-10989000 | usd |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-13490000 | usd |
CY2022 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
1387000 | usd |
CY2021 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
1505000 | usd |
CY2020 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
|
2503000 | usd |
CY2022 | us-gaap |
Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
|
-401000 | usd |
CY2021 | us-gaap |
Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
|
136000 | usd |
CY2020 | us-gaap |
Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
|
391000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1630000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1338000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1096000 | usd |
CY2022 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
5232000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
707000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
742000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2661000 | usd |
CY2022 | msex |
Change In Unbilled Revenues
ChangeInUnbilledRevenues
|
1386000 | usd |
CY2021 | msex |
Change In Unbilled Revenues
ChangeInUnbilledRevenues
|
208000 | usd |
CY2020 | msex |
Change In Unbilled Revenues
ChangeInUnbilledRevenues
|
-118000 | usd |
CY2022 | us-gaap |
Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories
IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories
|
819000 | usd |
CY2021 | us-gaap |
Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories
IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories
|
246000 | usd |
CY2020 | us-gaap |
Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories
IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories
|
-333000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-256000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-6000 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
519000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3722000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-9318000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
7137000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
3541000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-1517000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
2503000 | usd |
CY2022 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
549000 | usd |
CY2021 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-151000 | usd |
CY2020 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
106000 | usd |
CY2022 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-4266000 | usd |
CY2021 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-2645000 | usd |
CY2020 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-1377000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
35000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
75000 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
44000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-454000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
4276000 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-3696000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
61361000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
33028000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
53355000 | usd |
CY2022 | us-gaap |
Allowance For Funds Used During Construction Investing Activities
AllowanceForFundsUsedDuringConstructionInvestingActivities
|
927000 | usd |
CY2021 | us-gaap |
Allowance For Funds Used During Construction Investing Activities
AllowanceForFundsUsedDuringConstructionInvestingActivities
|
1148000 | usd |
CY2020 | us-gaap |
Allowance For Funds Used During Construction Investing Activities
AllowanceForFundsUsedDuringConstructionInvestingActivities
|
1513000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
91335000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
79378000 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
105619000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3122000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-88213000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-79378000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-105619000 | usd |
CY2022 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
7423000 | usd |
CY2021 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
52691000 | usd |
CY2020 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
7472000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2662000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
86595000 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
50316000 | usd |
CY2022 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
42500000 | usd |
CY2021 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
11000000 | usd |
CY2020 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-18000000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
624000 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
994000 | usd |
CY2020 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
148000 | usd |
CY2022 | msex |
Proceeds From Issuance Of Common Stock Expense
ProceedsFromIssuanceOfCommonStockExpense
|
-32000 | usd |
CY2020 | msex |
Proceeds From Issuance Of Common Stock Expense
ProceedsFromIssuanceOfCommonStockExpense
|
-37000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10335000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3837000 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1230000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
20810000 | usd |
CY2021 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
19373000 | usd |
CY2020 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
18178000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
120000 | usd |
CY2021 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
120000 | usd |
CY2020 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
120000 | usd |
CY2022 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
659000 | usd |
CY2021 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
11225000 | usd |
CY2020 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
8578000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27147000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
39479000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
16169000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
295000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-6871000 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-36095000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3533000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10404000 | usd |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
46499000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3828000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3533000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10404000 | usd |
CY2022 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
6252000 | usd |
CY2021 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
4750000 | usd |
CY2020 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
5080000 | usd |
CY2021 | msex |
Deobligated Principal Payments
DeobligatedPrincipalPayments
|
64000 | usd |
CY2020 | msex |
Deobligated Principal Payments
DeobligatedPrincipalPayments
|
258000 | usd |
CY2022 | msex |
Non Cash Consideration For Sale Of Subsidiary
NonCashConsiderationForSaleOfSubsidiary
|
2100000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
9251000 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8546000 | usd |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
7644000 | usd |
CY2022 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
927000 | usd |
CY2021 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
1148000 | usd |
CY2020 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
1513000 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3230000 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3335000 | usd |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2509000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
40000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
40000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17642 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17522 | shares |
CY2022 | us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
233054000 | usd |
CY2021 | us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
221919000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
167274000 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
145807000 | usd |
CY2022Q4 | msex |
Total Common Equity
TotalCommonEquity
|
400328000 | usd |
CY2021Q4 | msex |
Total Common Equity
TotalCommonEquity
|
367726000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
120000 | usd |
CY2021Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
120000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
20 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
20 | shares |
CY2022 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2084000 | usd |
CY2021 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2084000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
306387000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
311146000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
6873000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
7271000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
5518000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
5166000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
17462000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
6731000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
290280000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
306520000 | usd |
CY2019Q4 | msex |
Total Common Equity
TotalCommonEquity
|
323792000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
38425000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1230000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
851000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
245000 | usd |
CY2020 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
18178000 | usd |
CY2020 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
120000 | usd |
CY2020 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-37000 | usd |
CY2020Q4 | msex |
Total Common Equity
TotalCommonEquity
|
346208000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
36543000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
3837000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
350000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
281000 | usd |
CY2021 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
19373000 | usd |
CY2021 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
120000 | usd |
CY2021Q4 | msex |
Total Common Equity
TotalCommonEquity
|
367726000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
42429000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
10335000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
520000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
280000 | usd |
CY2022 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
20810000 | usd |
CY2022 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
120000 | usd |
CY2022 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-32000 | usd |
CY2022Q4 | msex |
Total Common Equity
TotalCommonEquity
|
400328000 | usd |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>(a) Organization</b> - Middlesex Water Company (Middlesex or the Company) is the parent company and sole shareholder of Tidewater Utilities, Inc. (Tidewater), Pinelands Water Company (Pinelands Water) and Pinelands Wastewater Company (Pinelands Wastewater) (collectively, Pinelands), Utility Service Affiliates, Inc. (USA), Utility Service Affiliates (Perth Amboy) Inc. (USA-PA) and Twin Lakes Utilities, Inc. (Twin Lakes). Southern Shores Water Company, LLC (Southern Shores) and White Marsh Environmental Systems, Inc. (White Marsh) are wholly-owned subsidiaries of Tidewater.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Middlesex has operated as a water utility in New Jersey since 1897 and in Delaware, through our wholly-owned subsidiary, Tidewater, since 1992. We are in the business of collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. We also operate New Jersey municipal water, wastewater and storm water systems under contract and provide unregulated water and wastewater services in New Jersey and Delaware through our subsidiaries. Our rates charged to customers for water and wastewater services, the quality of services we provide and certain other matters are regulated in New Jersey and Delaware by the New Jersey Board of Public Utilities (NJBPU) and the Delaware Public Service Commission (DEPSC), respectively. Our USA, USA-PA and White Marsh subsidiaries are not regulated utilities.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
CY2022 | msex |
Percent Voting Interest
PercentVotingInterest
|
0.50 | pure |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
900000 | usd |
CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1100000 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
700000 | usd |
CY2021 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
400000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1467000 | usd |
CY2022 | msex |
Percent Of Operating Revenues
PercentOfOperatingRevenues
|
0.93 | pure |
CY2022 | msex |
Percent Of Total Assets
PercentOfTotalAssets
|
0.99 | pure |
CY2020 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
500000 | usd |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2598000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
2300000 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
2600000 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
500000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
1242000 | usd |
CY2022 | msex |
Residential Operating Revenues
ResidentialOperatingRevenues
|
84950000 | usd |
CY2021 | msex |
Residential Operating Revenues
ResidentialOperatingRevenues
|
77699000 | usd |
CY2020 | msex |
Residential Operating Revenues
ResidentialOperatingRevenues
|
76798000 | usd |
CY2022 | msex |
Commercial Operating Revenues
CommercialOperatingRevenues
|
22689000 | usd |
CY2021 | msex |
Commercial Operating Revenues
CommercialOperatingRevenues
|
16715000 | usd |
CY2020 | msex |
Commercial Operating Revenues
CommercialOperatingRevenues
|
15448000 | usd |
CY2022 | msex |
Industrial Operating Revenues
IndustrialOperatingRevenues
|
11152000 | usd |
CY2021 | msex |
Industrial Operating Revenues
IndustrialOperatingRevenues
|
8990000 | usd |
CY2020 | msex |
Industrial Operating Revenues
IndustrialOperatingRevenues
|
9512000 | usd |
CY2022 | msex |
Residential Commercial Industrial And Fire Protection Revenue
ResidentialCommercialIndustrialAndFireProtectionRevenue
|
12726000 | usd |
CY2021 | msex |
Residential Commercial Industrial And Fire Protection Revenue
ResidentialCommercialIndustrialAndFireProtectionRevenue
|
12608000 | usd |
CY2020 | msex |
Residential Commercial Industrial And Fire Protection Revenue
ResidentialCommercialIndustrialAndFireProtectionRevenue
|
12374000 | usd |
CY2022 | msex |
Wholesale Municipal Revenue
WholesaleMunicipalRevenue
|
18769000 | usd |
CY2021 | msex |
Wholesale Municipal Revenue
WholesaleMunicipalRevenue
|
14590000 | usd |
CY2020 | msex |
Wholesale Municipal Revenue
WholesaleMunicipalRevenue
|
15187000 | usd |
CY2022 | msex |
Nonregualted Contract Operations Revenue
NonregualtedContractOperationsRevenue
|
12006000 | usd |
CY2021 | msex |
Nonregualted Contract Operations Revenue
NonregualtedContractOperationsRevenue
|
12391000 | usd |
CY2020 | msex |
Nonregualted Contract Operations Revenue
NonregualtedContractOperationsRevenue
|
12130000 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
162292000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
142993000 | usd |
CY2020 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
141449000 | usd |
CY2022 | us-gaap |
Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
|
831000 | usd |
CY2021 | us-gaap |
Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
|
929000 | usd |
CY2020 | us-gaap |
Regulated Operating Revenue Other
RegulatedOperatingRevenueOther
|
532000 | usd |
CY2022 | msex |
Other Nonregulated Revenues
OtherNonregulatedRevenues
|
440000 | usd |
CY2021 | msex |
Other Nonregulated Revenues
OtherNonregulatedRevenues
|
427000 | usd |
CY2020 | msex |
Other Nonregulated Revenues
OtherNonregulatedRevenues
|
415000 | usd |
CY2022 | msex |
Inter Segment Elimination Operating Revenues
InterSegmentEliminationOperatingRevenues
|
-1129000 | usd |
CY2021 | msex |
Inter Segment Elimination Operating Revenues
InterSegmentEliminationOperatingRevenues
|
-1208000 | usd |
CY2020 | msex |
Inter Segment Elimination Operating Revenues
InterSegmentEliminationOperatingRevenues
|
-804000 | usd |
CY2022 | us-gaap |
Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
|
162434000 | usd |
CY2021 | us-gaap |
Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
|
143141000 | usd |
CY2020 | us-gaap |
Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
|
141592000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
933000 | usd |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-1490000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
260000 | usd |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-871000 | usd |
CY2022 | us-gaap |
Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
|
0.0539 | pure |
CY2022 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-68000 | usd |
CY2021 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-72000 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>(q) Use of Estimates</b> - Conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts in the financial statements. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
CY2022Q4 | us-gaap |
Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
|
500 | usd |
CY2022Q1 | msex |
Common Stock Subsidary Percentage
CommonStockSubsidaryPercentage
|
1 | pure |
CY2022Q1 | us-gaap |
Cash
Cash
|
6400000 | usd |
CY2022Q1 | us-gaap |
Business Combination Consideration Transferred Other1
BusinessCombinationConsiderationTransferredOther1
|
5200000 | usd |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.06 | pure |
CY2022 | us-gaap |
Revenues Excluding Interest And Dividends
RevenuesExcludingInterestAndDividends
|
2200000 | usd |
CY2022 | msex |
Dsic Rate Description
DSICRateDescription
|
Tidewater reset its Distribution System Improvement Charge (DSIC) rate to zero effective April 1, 2021 | |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-4281000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1381000 | usd |
CY2022Q4 | us-gaap |
Regulatory Assets
RegulatoryAssets
|
90046000 | usd |
CY2021Q4 | us-gaap |
Regulatory Assets
RegulatoryAssets
|
100738000 | usd |
CY2022Q4 | us-gaap |
Regulatory Liabilities
RegulatoryLiabilities
|
290000000 | usd |
CY2021Q4 | us-gaap |
Regulatory Liabilities
RegulatoryLiabilities
|
30400000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
9590000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
6521000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
7204000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
|
-1106000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
|
-1290000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
|
-1356000 | usd |
CY2022 | msex |
Income Tax Reconciliation Tangible Property Repairs
IncomeTaxReconciliationTangiblePropertyRepairs
|
-6767000 | usd |
CY2021 | msex |
Income Tax Reconciliation Tangible Property Repairs
IncomeTaxReconciliationTangiblePropertyRepairs
|
-12281000 | usd |
CY2020 | msex |
Income Tax Reconciliation Tangible Property Repairs
IncomeTaxReconciliationTangiblePropertyRepairs
|
-11298000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
1296000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
1499000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
1364000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
227000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
63000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-33000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3240000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-5488000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4119000 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
425000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-8247000 | usd |
CY2020 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-75000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3240000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
431000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-5488000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4119000 | usd |
CY2022Q4 | msex |
Deferred Tax Liabilities Utility Plant Related
DeferredTaxLiabilitiesUtilityPlantRelated
|
72996000 | usd |
CY2021Q4 | msex |
Deferred Tax Liabilities Utility Plant Related
DeferredTaxLiabilitiesUtilityPlantRelated
|
65107000 | usd |
CY2022Q4 | msex |
Deferred Tax Assets Customer Advances
DeferredTaxAssetsCustomerAdvances
|
-3568000 | usd |
CY2021Q4 | msex |
Deferred Tax Assets Customer Advances
DeferredTaxAssetsCustomerAdvances
|
-3595000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7380000 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7091000 | usd |
CY2022Q4 | msex |
Deferred Tax Liabilities Investment Tax Credits
DeferredTaxLiabilitiesInvestmentTaxCredits
|
304000 | usd |
CY2021Q4 | msex |
Deferred Tax Liabilities Investment Tax Credits
DeferredTaxLiabilitiesInvestmentTaxCredits
|
373000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
671000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
524000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
77783000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
69500000 | usd |
CY2022 | msex |
Cost Of Untreated Water
CostOfUntreatedWater
|
3200000 | usd |
CY2021 | msex |
Cost Of Untreated Water
CostOfUntreatedWater
|
3300000 | usd |
CY2020 | msex |
Cost Of Untreated Water
CostOfUntreatedWater
|
3400000 | usd |
CY2022 | msex |
Cost Of Treated Water
CostOfTreatedWater
|
3900000 | usd |
CY2021 | msex |
Cost Of Treated Water
CostOfTreatedWater
|
3600000 | usd |
CY2020 | msex |
Cost Of Treated Water
CostOfTreatedWater
|
3600000 | usd |
CY2022 | us-gaap |
Cost Of Purchased Water
CostOfPurchasedWater
|
7100000 | usd |
CY2021 | us-gaap |
Cost Of Purchased Water
CostOfPurchasedWater
|
6900000 | usd |
CY2020 | us-gaap |
Cost Of Purchased Water
CostOfPurchasedWater
|
7000000 | usd |
CY2022Q4 | msex |
Estimated Incremental Borrowing Rate
EstimatedIncrementalBorrowingRate
|
0.0403 | pure |
CY2022 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
800000 | usd |
CY2022Q4 | msex |
Right Of Use Asset At Lease Inception
RightOfUseAssetAtLeaseInception
|
7300000 | usd |
CY2021Q4 | msex |
Right Of Use Asset At Lease Inception
RightOfUseAssetAtLeaseInception
|
7300000 | usd |
CY2022Q4 | msex |
Right Of Use Assets Accumulated Amortization
RightOfUseAssetsAccumulatedAmortization
|
3500000 | usd |
CY2021Q4 | msex |
Right Of Use Assets Accumulated Amortization
RightOfUseAssetsAccumulatedAmortization
|
2800000 | usd |
CY2022Q4 | msex |
Right Of Use Assets Current
RightOfUseAssetsCurrent
|
3800000 | usd |
CY2021Q4 | msex |
Right Of Use Assets Current
RightOfUseAssetsCurrent
|
4500000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
30000000 | usd |
CY2022Q4 | msex |
Increase Line Of Credit
IncreaseLineOfCredit
|
60000000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
800000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
800000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
800000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
900000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
900000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
1800000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
6000000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1600000 | usd |
CY2022Q4 | msex |
Operating Lease Liability1
OperatingLeaseLiability1
|
4400000 | usd |
CY2022Q4 | msex |
Noncurrent Leases Liability
NoncurrentLeasesLiability
|
3700000 | usd |
CY2022 | msex |
Budgeted Construction Cost
BudgetedConstructionCost
|
102000000 | usd |
CY2022 | msex |
Budgeted Construction Cost For Construction Program Year One
BudgetedConstructionCostForConstructionProgramYearOne
|
86000000 | usd |
CY2022 | msex |
Budgeted Construction Cost For Construction Program Year Two
BudgetedConstructionCostForConstructionProgramYearTwo
|
78000000 | usd |
CY2022 | msex |
Estimatedobligationexpenditure
Estimatedobligationexpenditure
|
16800000 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
28900000 | usd |
CY2021 | us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
23700000 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0334 | pure |
CY2021 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0112 | pure |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
55500000 | usd |
CY2021Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
13000000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
|
0.0517 | pure |
CY2021Q4 | us-gaap |
Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
|
0.0104 | pure |
CY2022Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
140000000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
55500000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
84500000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
140000000 | usd |
CY2022Q4 | msex |
Earnings Applicable To Common Stockin Shares
EarningsApplicableToCommonStockinShares
|
17597 | shares |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
36423000 | usd |
CY2021Q4 | msex |
Earnings Applicable To Common Stockin Shares
EarningsApplicableToCommonStockinShares
|
17492 | shares |
CY2022Q4 | msex |
Additional Shares Authorized By Sec To Be Issued
AdditionalSharesAuthorizedBySECToBeIssued
|
200000 | shares |
CY2022Q4 | us-gaap |
Excess Stock Shares Authorized
ExcessStockSharesAuthorized
|
700000 | shares |
CY2022 | msex |
Percentage Of Principal With Market Interest Rate
PercentageOfPrincipalWithMarketInterestRate
|
0 | pure |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
10000000 | usd |
CY2022 | msex |
Participate Rate Program
ParticipateRateProgram
|
0 | pure |
CY2021Q4 | msex |
Borrowed Loan
BorrowedLoan
|
2600000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
17500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
7400000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
6900000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
6700000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
6400000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
261500000 | usd |
CY2022 | msex |
Convertible Preferred Stock
ConvertiblePreferredStock
|
7 | |
CY2022 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
42429000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17597 | shares |
CY2021 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
36543000 | usd |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17492 | shares |
CY2020 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
38425000 | usd |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17459 | shares |
CY2022 | msex |
Preferred Stock Dividends Income Statement Impacts
PreferredStockDividendsIncomeStatementImpacts
|
-120000 | usd |
CY2021 | msex |
Preferred Stock Dividends Income Statement Impacts
PreferredStockDividendsIncomeStatementImpacts
|
-120000 | usd |
CY2020 | msex |
Preferred Stock Dividends Income Statement Impacts
PreferredStockDividendsIncomeStatementImpacts
|
-120000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
42309000 | usd |
CY2022Q4 | msex |
Earnings Applicable To Common Stockin Shares
EarningsApplicableToCommonStockinShares
|
17597 | shares |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
36423000 | usd |
CY2021Q4 | msex |
Earnings Applicable To Common Stockin Shares
EarningsApplicableToCommonStockinShares
|
17492 | shares |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
38305000 | usd |
CY2020Q4 | msex |
Earnings Applicable To Common Stockin Shares
EarningsApplicableToCommonStockinShares
|
17459 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.4 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.08 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.19 | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
42309000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
38305000 | usd |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.68 | |
CY2020Q4 | msex |
Earnings Applicable To Common Stockin Shares
EarningsApplicableToCommonStockinShares
|
17459 | shares |
CY2022 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
7 | |
CY2021 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
7 | |
CY2020 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
7 | |
CY2022 | msex |
Convertible Dollar7 Preferred Series Stock Dividends
ConvertibleDollar7PreferredSeriesStockDividends
|
67000 | usd |
CY2022 | msex |
Incremental Common Shares Attributable To Conversion Of Dollar7 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar7PreferredSeriesStock
|
115 | shares |
CY2021 | msex |
Convertible Dollar7 Preferred Series Stock Dividends
ConvertibleDollar7PreferredSeriesStockDividends
|
67000 | usd |
CY2021 | msex |
Incremental Common Shares Attributable To Conversion Of Dollar7 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar7PreferredSeriesStock
|
115 | shares |
CY2020 | msex |
Convertible Dollar7 Preferred Series Stock Dividends
ConvertibleDollar7PreferredSeriesStockDividends
|
67000 | usd |
CY2020 | msex |
Incremental Common Shares Attributable To Conversion Of Dollar7 Preferred Series Stock
IncrementalCommonSharesAttributableToConversionOfDollar7PreferredSeriesStock
|
115 | shares |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
42376000 | usd |
CY2022 | msex |
Adjusted Earnings Applicable To Common Stockin Shares
AdjustedEarningsApplicableToCommonStockinShares
|
17712 | shares |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
36490000 | usd |
CY2021 | msex |
Adjusted Earnings Applicable To Common Stockin Shares
AdjustedEarningsApplicableToCommonStockinShares
|
17607 | shares |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
38372000 | usd |
CY2020 | msex |
Adjusted Earnings Applicable To Common Stockin Shares
AdjustedEarningsApplicableToCommonStockinShares
|
17574 | shares |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.39 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.07 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.18 | |
CY2022 | msex |
Carrying Amount
CarryingAmount
|
147269000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
138756000 | usd |
CY2021 | msex |
Carrying Amount
CarryingAmount
|
98828000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
107781000 | usd |
CY2022 | msex |
Carrying Amounts
CarryingAmounts
|
159100000 | usd |
CY2021 | msex |
Carrying Amounts
CarryingAmounts
|
212300000 | usd |
CY2022Q4 | msex |
Customer Advances For Construction Work
CustomerAdvancesForConstructionWork
|
21400000 | usd |
CY2021Q4 | msex |
Customer Advances For Construction Work
CustomerAdvancesForConstructionWork
|
23500000 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
|
794000000 | usd |
CY2021Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
|
100400000 | usd |
CY2022 | msex |
Schedule Of Pension Plan And Other Benefits Plan
ScheduleOfPensionPlanAndOtherBenefitsPlan
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 50%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap"> </td><td style="font-weight: bold"> </td> <td colspan="7" style="text-align: center; white-space: nowrap; font-weight: bold">(Thousands of Dollars)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap"> </td><td style="border-bottom: Black 1pt solid"> </td> <td colspan="3" style="white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 8.1pt; text-align: center"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 8.1pt; text-align: center"><b>Pension<br/> Plan</b></p></td><td style="font-weight: bold; border-bottom: Black 1pt solid"> </td> <td colspan="3" style="white-space: nowrap; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Other<br/> Benefits Plan</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; text-align: left">Actuarial Loss (Gain)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">658</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(191</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> | |
CY2022Q4 | us-gaap |
Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
|
0.075 | pure |
CY2022Q4 | msex |
Increase Decrease In Annual Rate Per Capita Cost Of Covered Healthcare Benefits Years One To Three
IncreaseDecreaseInAnnualRatePerCapitaCostOfCoveredHealthcareBenefitsYearsOneToThree
|
0.005 | pure |
CY2022Q4 | msex |
Increase Decrease In Annual Rate Per Capita Cost Of Covered Healthcare Benefits Years Four And Five
IncreaseDecreaseInAnnualRatePerCapitaCostOfCoveredHealthcareBenefitsYearsFourAndFive
|
0.045 | pure |
CY2022 | us-gaap |
Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
|
1900000 | usd |
CY2022 | msex |
Number Of Hours Required To Participate In Contribution Plan
NumberOfHoursRequiredToParticipateInContributionPlan
|
1000 | pure |
CY2022 | msex |
Percent Of Participants Contributions Matched By Company Below One Percent Of Participants Compensation
PercentOfParticipantsContributionsMatchedByCompanyBelowOnePercentOfParticipantsCompensation
|
1 | pure |
CY2022 | msex |
Stock Based Compensation Remain Award Rate
StockBasedCompensationRemainAwardRate
|
0.01 | pure |
CY2022 | msex |
Percent Of Participants Contributions Matched By Company Above One Percent Of Participants Compensation
PercentOfParticipantsContributionsMatchedByCompanyAboveOnePercentOfParticipantsCompensation
|
0.50 | pure |
CY2022 | msex |
Threshold Percentage Of Participants Compensation At Which Matching Decreases
ThresholdPercentageOfParticipantsCompensationAtWhichMatchingDecreases
|
0.01 | pure |
CY2022 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.06 | pure |
CY2022 | msex |
Matching Contributions
MatchingContributions
|
700000 | usd |
CY2021 | msex |
Matching Contributions
MatchingContributions
|
700000 | usd |
CY2020 | msex |
Matching Contributions
MatchingContributions
|
700000 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
900000 | usd |
CY2022 | msex |
Defined Contribution Plan Employer Discretionary Contribution Percent
DefinedContributionPlanEmployerDiscretionaryContributionPercent
|
0.05 | pure |
CY2021 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
700000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
300000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.80 | pure |
CY2022 | us-gaap |
Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
|
162434000 | usd |
CY2021 | us-gaap |
Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
|
143141000 | usd |
CY2020 | us-gaap |
Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
|
141592000 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
47333000 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
33211000 | usd |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37420000 | usd |
CY2022 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
23029000 | usd |
CY2021 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
21109000 | usd |
CY2020 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
18472000 | usd |
CY2022 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
7703000 | usd |
CY2021 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
5958000 | usd |
CY2020 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
4379000 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
9367000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
8114000 | usd |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
7493000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3240000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-5488000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4119000 | usd |
CY2022 | msex |
Consolidated Net Income
ConsolidatedNetIncome
|
42429000 | usd |
CY2021 | msex |
Consolidated Net Income
ConsolidatedNetIncome
|
36543000 | usd |
CY2020 | msex |
Consolidated Net Income
ConsolidatedNetIncome
|
38425000 | usd |
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
91335000 | usd |
CY2021 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
79378000 | usd |
CY2020 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
105619000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
1074450000 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
1020015000 | usd |
CY2022Q1 | msex |
Operating Revenues
OperatingRevenues
|
36196000 | usd |
CY2022Q2 | msex |
Operating Revenues
OperatingRevenues
|
39683000 | usd |
CY2022Q3 | msex |
Operating Revenues
OperatingRevenues
|
47732000 | usd |
CY2022Q4 | msex |
Operating Revenues
OperatingRevenues
|
38823000 | usd |
CY2022 | msex |
Operating Revenues
OperatingRevenues
|
162434000 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
|
5232000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
|
5232000 | usd |
CY2022Q1 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
12523000 | usd |
CY2022Q2 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
10088000 | usd |
CY2022Q3 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
16575000 | usd |
CY2022Q4 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
8146000 | usd |
CY2022 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
47332000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
12100000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
8868000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
14291000 | usd |
CY2022Q4 | us-gaap |
Profit Loss
ProfitLoss
|
7169000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
42428000 | usd |
CY2022Q1 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.69 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.5 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.81 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.5 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.81 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.4 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.4 | |
CY2022 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
2.4 | |
CY2022 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
2.39 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.29 | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.29 | |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.29 | |
CY2022Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.3125 | |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.1825 | |
CY2021Q1 | msex |
Operating Revenues
OperatingRevenues
|
32541000 | usd |
CY2021Q2 | msex |
Operating Revenues
OperatingRevenues
|
36701000 | usd |
CY2021Q3 | msex |
Operating Revenues
OperatingRevenues
|
39874000 | usd |
CY2021Q4 | msex |
Operating Revenues
OperatingRevenues
|
34025000 | usd |
CY2021 | msex |
Operating Revenues
OperatingRevenues
|
143141000 | usd |
CY2021Q1 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
5634000 | usd |
CY2021Q2 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
9814000 | usd |
CY2021Q3 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
11424000 | usd |
CY2021Q4 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
6339000 | usd |
CY2021 | msex |
Operating Incomein Dollars
OperatingIncomeinDollars
|
33211000 | usd |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
6907000 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
10923000 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
11476000 | usd |
CY2021Q4 | us-gaap |
Profit Loss
ProfitLoss
|
7237000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
36543000 | usd |
CY2021Q1 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.39 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.62 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.65 | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
0.42 | |
CY2021 | us-gaap |
Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
|
2.08 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.39 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.62 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.65 | |
CY2021Q4 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
0.41 | |
CY2021 | us-gaap |
Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
|
2.07 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2725 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2725 | |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2725 | |
CY2021Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.29 | |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.1075 | |
CY2022 | dei |
Auditor Firm
AuditorFirmId
|
23 | |
CY2021Q4 | msex |
Employee Benefit Plans
EmployeeBenefitPlans
|
usd | |
CY2022Q4 | us-gaap |
Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
|
usd | |
CY2020 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
usd | |
CY2021 | msex |
Proceeds From Issuance Of Common Stock Expense
ProceedsFromIssuanceOfCommonStockExpense
|
usd | |
CY2022 | msex |
Deobligated Principal Payments
DeobligatedPrincipalPayments
|
usd | |
CY2021 | msex |
Non Cash Consideration For Sale Of Subsidiary
NonCashConsiderationForSaleOfSubsidiary
|
usd | |
CY2020 | msex |
Non Cash Consideration For Sale Of Subsidiary
NonCashConsiderationForSaleOfSubsidiary
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000066004 |