v3.26.1
Other, Net (Tables)
6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
Schedule of Other, Net
Other, net consisted of the following:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2026202520262025
Buckeye growth premiums(1)
$597 $615 $1,095 $1,233 
AFUDC-Equity241 277 518 556 
Other24 (3)— (2)
Total Other, net$862 $889 $1,613 $1,787 
(1)The City of Buckeye is obligated to pay the Company a growth premium equal to $3,000 for each new water meter installed within Valencia’s prior service areas in the City of Buckeye, for a 20-year period ending December 31, 2034, subject to a maximum payout of $45.0 million over the term of the agreement. An aggregate of $17.2 million in growth premiums have been invoiced or received to date.