REGULATORY ASSETS AND REGULATORY LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2019

Regulatory Assets and Liabilities Disclosure [Abstract]

Schedule of Regulatory Assets

The Utilities Regulatory Assets as of March 31, 2019 consisted of the following items (in thousands):

	March 31, 2019
	SJG		ETG		ELK		Total SJI
Environmental Remediation Costs:
Expended - Net	$	134,662	$	14,429	$	—	$	149,091
Liability for Future Expenditures	150,041		103,944		—		253,985
Deferred ARO Costs	32,373		—		—		32,373
Deferred Pension Costs - Unrecognized Prior Service Cost	—		39,809		14		39,823
Deferred Pension and Other Postretirement Benefit Costs	79,466		2,607		30		82,103
Deferred Gas Costs - Net	23,572		—		70		23,642
Societal Benefit Costs Receivable	716		—		—		716
Deferred Interest Rate Contracts	6,582		—		—		6,582
Energy Efficiency Tracker	2,136		—		—		2,136
Pipeline Supplier Service Charges	594		—		—		594
Pipeline Integrity Cost	5,078		—		—		5,078
AFUDC - Equity Related Deferrals	10,043		—		—		10,043
Weather Normalization	—		—		36		36
Other Regulatory Assets	9,279		8,462		244		17,985
Total Regulatory Assets	$	454,542	$	169,251	$	394	$	624,187

The Utilities Regulatory Assets as of December 31, 2018 consisted of the following items (in thousands):

	December 31, 2018
	SJG		ETG		ELK		Total SJI
Environmental Remediation Costs:
Expended - Net	$	136,227	$	10,875	$	—	$	147,102
Liability for Future Expenditures	148,071		104,594		—		252,665
Deferred ARO Costs	31,096		—		—		31,096
Deferred Pension Costs - Unrecognized Prior Service Cost	—		40,612		14		40,626
Deferred Pension and Other Postretirement Benefit Costs	80,121		2,607		30		82,758
Deferred Gas Costs - Net	57,889		—		289		58,178
SBC Receivable	2,173		—		—		2,173
Deferred Interest Rate Contracts	5,867		—		—		5,867
Energy Efficiency Tracker	2,319		—		—		2,319
Pipeline Supplier Service Charges	617		—		—		617
Pipeline Integrity Cost	5,140		—		—		5,140
AFUDC - Equity Related Deferrals	13,914		—		—		13,914
Weather Normalization	—		3,210		139		3,349
Other Regulatory Assets	8,931		8,023		211		17,165
Total Regulatory Assets	$	492,365	$	169,921	$	683	$	662,969

Schedule of Regulatory Liabilities

The Utilities Regulatory Liabilities as of March 31, 2019 consisted of the following items (in thousands):

	March 31, 2019
	SJG		ETG		ELK		Total SJI
Excess Plant Removal Costs	$	19,849	$	47,996	$	1,395	$	69,240
Excess Deferred Taxes	253,241		117,963		1,231		372,435
Deferred Revenues - Net	—		8,935		—		8,935
CIP Payable	5,737		—		—		5,737
Weather Normalization	—		1,400		—		1,400
Amounts to be Refunded to Customers	—		17,296		—		17,296
Other Regulatory Liabilities	—		3,549		—		3,549
Total Regulatory Liabilities	$	278,827	$	197,139	$	2,626	$	478,592

The Utilities Regulatory Liabilities as of December 31, 2018 consisted of the following items (in thousands):

	December 31, 2018
	SJG		ETG		ELK		Total SJI
Excess Plant Removal Costs	$	20,805	$	47,909	$	1,393	$	70,107
Excess Deferred Taxes	259,863		118,757		1,231		379,851
Deferred Revenues - Net	—		3,188		—		3,188
CIP Payable	5,871		—		—		5,871
Amounts to be Refunded to Customers	—		17,039		—		17,039
Other Regulatory Liabilities	—		2,443		—		2,443
Total Regulatory Liabilities	$	286,539	$	189,336	$	2,624	$	478,499