REGULATORY ASSETS & REGULATORY LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2017

SJI's and SJG's Regulatory Assets consisted of the following items (in thousands):



	December 31, 2017		December 31, 2016
Environmental Remediation Costs:
Expended - Net	$	100,327	$	71,997
Liability for Future Expenditures	171,696		153,047
Deferred Asset Retirement Obligation Costs	42,368		43,014
Deferred Pension and Other Postretirement Benefit Costs	78,211		85,693
Deferred Gas Costs - Net	16,838		—
Conservation Incentive Program Receivable	26,652		27,567
Societal Benefit Costs Receivable	2,484		—
Deferred Interest Rate Contracts	7,028		7,365
Energy Efficiency Tracker	2,094		219
Pipeline Supplier Service Charges	708		2,122
Pipeline Integrity Cost	5,280		4,810
AFUDC - Equity Related Deferrals	12,785		12,434
Other Regulatory Assets	2,753		2,478

Total Regulatory Assets	$	469,224	$	410,746

Regulatory Liabilities consisted of the following items (in thousands):



	December 31, 2017		December 31, 2016
Excess Plant Removal Costs	$	23,295	$	28,226
Deferred Revenue - Net	—		17,800
Societal Benefit Costs Payable	—		3,095
Excess Deferred Taxes	263,810		—

Total Regulatory Liabilities	$	287,105	$	49,121

SJI's and SJG's Regulatory Assets consisted of the following items (in thousands):



	December 31, 2017		December 31, 2016
Environmental Remediation Costs:
Expended - Net	$	100,327	$	71,997
Liability for Future Expenditures	171,696		153,047
Deferred Asset Retirement Obligation Costs	42,368		43,014
Deferred Pension and Other Postretirement Benefit Costs	78,211		85,693
Deferred Gas Costs - Net	16,838		—
Conservation Incentive Program Receivable	26,652		27,567
Societal Benefit Costs Receivable	2,484		—
Deferred Interest Rate Contracts	7,028		7,365
Energy Efficiency Tracker	2,094		219
Pipeline Supplier Service Charges	708		2,122
Pipeline Integrity Cost	5,280		4,810
AFUDC - Equity Related Deferrals	12,785		12,434
Other Regulatory Assets	2,753		2,478

Total Regulatory Assets	$	469,224	$	410,746