SEGMENTS OF BUSINESS (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Segments of Business

Information about SJI’s operations in different reportable operating segments is presented below (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Operating Revenues:
SJI Utilities:
SJG Utility Operations	62,039		$	56,371	$	396,505	$	367,631
ETG Utility Operations	30,619		29,117		215,647		29,117
ELK Utility Operations	892		770		5,210		770
Subtotal SJI Utilities	93,550		86,258		617,362		397,518
Energy Group:
Wholesale Energy Operations	135,856		134,867		452,346		392,430
Retail Gas and Other Operations	—		18,292		—		81,661
Retail Electric Operations	22,395		51,269		65,617		137,966
Subtotal Energy Group	158,251		204,428		517,963		612,057
Energy Services:
On-Site Energy Production	11,980		15,317		38,098		61,208
Appliance Service Operations	514		509		1,529		1,480
Subtotal Energy Services	12,494		15,826		39,627		62,688
Corporate and Services	10,252		9,126		31,438		33,208
Subtotal	274,547		315,638		1,206,390		1,105,471
Intersegment Sales	(13,344)		(13,158)		(40,955)		(53,716)
Total Operating Revenues	$	261,203	$	302,480	$	1,165,435	$	1,051,755

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Operating (Loss) Income:
SJI Utilities:
SJG Utility Operations	$	(8,319)	$	(6,827)	$	100,241	$	94,417
ETG Utility Operations	(5,112)		(19,808)		41,088		(19,808)
ELK Utility Operations	(197)		(518)		401		(518)
Subtotal SJI Utilities	(13,628)		(27,153)		141,730		74,091
Energy Group:
Wholesale Energy Operations	(8,371)		(11,992)		(13,263)		53,193
Retail Gas and Other Operations	—		590		—		(3,509)
Retail Electric Operations	(3)		557		(3,972)		1,443
Subtotal Energy Group	(8,374)		(10,845)		(17,235)		51,127
Energy Services:
On-Site Energy Production	2,634		2,966		5,049		(98,023)
Appliance Service Operations	468		(322)		1,484		623
Subtotal Energy Services	3,102		2,644		6,533		(97,400)
Corporate and Services	(125)		(3,238)		(5,680)		(17,072)
Total Operating (Loss) Income	$	(19,025)	$	(38,592)	$	125,348	$	10,746
Depreciation and Amortization:
SJI Utilities:
SJG Utility Operations	$	23,564	$	20,427	$	69,349	$	61,016
ETG Utility Operations	7,461		6,403		20,932		6,403

ELK Utility Operations	158		94		383		94
Subtotal SJI Utilities	31,183		26,924		90,664		67,513
Energy Group:
Wholesale Energy Operations	22		36		70		88
Retail Gas and Other Operations	—		75		—		228
Subtotal Energy Group	22		111		70		316
Energy Services:
On-Site Energy Production	1,248		1,210		3,756		21,805
Appliance Service Operations	—		—		—		—
Subtotal Energy Services	1,248		1,210		3,756		21,805
Corporate and Services	1,094		2,651		4,092		11,816
Total Depreciation and Amortization	$	33,547	$	30,896	$	98,582	$	101,450
Interest Charges:
SJI Utilities:
SJG Utility Operations	$	7,840	$	7,108	$	23,584	$	20,835
ETG Utility Operations	7,165		4,835		20,106		4,835
ELK Utility Operations	4		3		15		3
Subtotal SJI Utilities	15,009		11,946		43,705		25,673
Energy Group:
Retail Gas and Other Operations	—		141		—		392
Subtotal Energy Group	—		141		—		392
Energy Services:
On-Site Energy Production	2,097		4,115		6,520		12,060
Midstream	573		541		1,672		1,446
Corporate and Services	14,433		15,303		44,496		36,141
Subtotal	32,112		32,046		96,393		75,712
Intersegment Borrowings	(3,255)		(5,512)		(10,449)		(15,645)
Total Interest Charges	$	28,857	$	26,534	$	85,944	$	60,067

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Income Taxes:
SJI Utilities:
SJG Utility Operations	$	(3,747)	$	(2,818)	$	20,620	$	19,500
ETG Utility Operations	(2,065)		(6,866)		4,028		(6,866)
ELK Utility Operations	(54)		(143)		100		(143)
Subtotal SJI Utilities	(5,866)		(9,827)		24,748		12,491
Energy Group:
Wholesale Energy Operations	(2,130)		(3,036)		(3,088)		13,613
Retail Gas and Other Operations	—		144		—		(916)
Retail Electric Operations	4		157		(814)		406
Subtotal Energy Group	(2,126)		(2,735)		(3,902)		13,103
Energy Services:
On-Site Energy Production	242		(331)		(115)		(27,977)
Appliance Service Operations	142		171		445		408
Subtotal Energy Services	384		(160)		330		(27,569)
Midstream	(18)		(100)		(83)		(60)
Corporate and Services	(3,299)		(3,827)		(11,715)		(10,171)
Total Income Taxes	$	(10,925)	$	(16,649)	$	9,378	$	(12,206)
Property Additions:
SJI Utilities:
SJG Utility Operations	$	73,059	$	63,342	$	195,621	$	178,727
ETG Utility Operations	50,426		18,637		142,388		18,637
ELK Utility Operations	468		129		2,096		129
Subtotal SJI Utilities	123,953		82,108		340,105		197,493
Energy Group:
Wholesale Energy Operations	1		—		1		32
Retail Gas and Other Operations	—		186		—		495
Subtotal Energy Group	1		186		1		527
Energy Services:
On-Site Energy Production	—		696		164		2,379
Subtotal Energy Services	—		696		164		2,379
Midstream	16		(279)		35		31
Corporate and Services	368		—		954		11,549
Total Property Additions	$	124,338	$	82,711	$	341,259	$	211,979

	September 30, 2019		December 31, 2018
Identifiable Assets:
SJI Utilities:
SJG Utility Operations	$	3,254,276	$	3,118,236
ETG Utility Operations	2,335,164		2,148,175
ELK Utility Operations	19,808		16,482
Subtotal SJI Utilities	5,609,248		5,282,893
Energy Group:
Wholesale Energy Operations	173,252		266,417
Retail Gas and Other Operations (A)	120		12,736
Retail Electric Operations	29,572		39,345
Subtotal Energy Group	202,944		318,498
Energy Services:
On-Site Energy Production	163,716		195,329
Appliance Service Operations	—		—
Subtotal Energy Services	163,716		195,329
Midstream	81,099		72,333
Discontinued Operations	1,778		1,777
Corporate and Services	394,897		387,482
Intersegment Assets	(323,629)		(301,735)
Total Identifiable Assets	$	6,130,053	$	5,956,577

(A) As of September 30, 2019, the remaining $0.1 million of assets in the retail gas and other operations segment represents outstanding accounts receivable balances.