XML 45 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Mar. 31, 2018
Defined Benefit Plan [Abstract]  
Schedule of defined benefit plans disclosures
For the three months ended March 31, 2018 and 2017, net periodic benefit cost related to the employee and officer pension and other postretirement benefit plans for SJI consisted of the following components (in thousands):
 
Pension Benefits
 
Three Months Ended
March 31,
 
 
2018

2017
 
Service Cost
$
2,177

 
$
1,382

 
Interest Cost
5,108

 
2,955

 
Expected Return on Plan Assets
(7,633
)
 
(3,524
)
 
Amortizations:
 
 
 

 
Prior Service Cost
71

 
33

 
Actuarial Loss
4,132

 
2,613

 
Net Periodic Benefit Cost
3,855

 
3,459

 
Capitalized Benefit Cost
(483
)
 
(1,271
)
 
   Deferred Benefit Cost
(751
)
 
(161
)
 
Total Net Periodic Benefit Expense
$
2,621

 
$
2,027

 

 
Other Postretirement Benefits
 
Three Months Ended
March 31,
 
 
2018

2017
 
Service Cost
$
81

 
$
247

 
Interest Cost
217

 
601

 
Expected Return on Plan Assets
(305
)
 
(853
)
 
Amortizations:
 
 
 

 
Prior Service Cost
(31
)
 
(86
)
 
Actuarial Loss
111

 
312

 
Net Periodic Benefit Cost
73

 
221

 
Capitalized Benefit Cost
(5
)
 
(55
)
 
Total Net Periodic Benefit Expense
$
68

 
$
166