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PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

12 Months Ended

Dec. 31, 2019

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Net periodic benefit cost related to the SJI employee and officer pension and other postretirement benefit plans consisted of the following components (in thousands):


SJI (includes SJG and all other consolidated subsidiaries):	Pension Benefits
	2019		2018		2017
Service Cost	$	5,583	$	6,442	$	4,989
Interest Cost	17,294		13,778		11,772
Expected Return on Plan Assets	(20,195)		(18,672)		(14,105)
Amortizations:
Prior Service Cost	105		116		131
Actuarial Loss	9,550		11,528		10,282
Net Periodic Benefit Cost	12,337		13,192		13,069
Curtailment and Special Termination Costs	955		7,324		—
Capitalized Benefit Costs	(2,008)		(2,243)		(4,723)
Deferred Benefit Costs	(2,411)		(1,987)		(527)
Total Net Periodic Benefit Expense	$	8,873	$	16,286	$	7,819


SJI (includes SJG and all other consolidated subsidiaries):	Other Postretirement Benefits
	2019		2018		2017
Service Cost	$	533	$	945	$	910
Interest Cost	2,884		2,430		2,418
Expected Return on Plan Assets	(4,571)		(4,286)		(3,411)
Amortizations:
Prior Service Credits	(561)		(344)		(344)
Actuarial Loss	1,163		903		1,238
Net Periodic Benefit (Credit) Cost	(552)		(352)		811
Curtailment and Special Termination Costs	—		1,286		(106)
Capitalized Benefit Costs	(201)		(290)		(46)
Deferred Benefit Costs	357		580		—
Total Net Periodic Benefit (Income) Expense	$	(396)	$	1,224	$	659

Activity Within Regulatory Assets and Accumulated Other Comprehensive Income (Loss)

Details of the activity within the Regulatory Asset and AOCL associated with Pension and Other Postretirement Benefits are as follows (in thousands):


SJI (includes SJG and all other consolidated subsidiaries):	Regulatory Assets						Accumulated Other Comprehensive Loss (pre-tax)
	Pension Benefits		Other Postretirement Benefits		Pension Benefits		Other Postretirement Benefits
Balance at January 1, 2018	$	64,969	$	13,242	$	53,932	$	3,506

Amounts Arising during the Period:
Net Actuarial Gain (Loss)	8,637		5,662		(5,953)		(1,819)
Prior Service Credit	70		(3,247)		—		(2,471)
Other (Curtailments, Settlements, Special Termination)	—		—		—		1,586
Amounts Amortized to Net Periodic Costs:
Net Actuarial Loss	(6,025)		(695)		(5,450)		(199)
Prior Service (Credits) Cost	(112)		257		(4)		84

Balance at December 31, 2018	67,539		15,219		42,525		687

Amounts Arising during the Period:
Net Actuarial (Loss) Gain	(404)		(2,400)		12,865		311


Amounts Amortized to Net Periodic Costs:
Net Actuarial Loss	(5,456)		(1,042)		(4,094)		(121)
Prior Service Cost	(95)		474		(11)		87

Balance at December 31, 2019	$	61,584	$	12,251	$	51,285	$	964

Reconciliation of the Plans' Benefit Obligations, Fair Value of Plan Assets and Funded Status

A reconciliation of the plans' benefit obligations, fair value of plan assets, funded status and amounts recognized in SJI's consolidated balance sheets follows (in thousands):


SJI (includes SJG and all other consolidated subsidiaries):	Pension Benefits						Other Postretirement Benefits

	2019		2018		2019		2018
Change in Benefit Obligations:
Benefit Obligation at Beginning of Year	$	402,156	$	316,289	$	69,511	$	62,283
Acquisition Opening Obligation	—		100,362		—		13,195
Service Cost	5,583		6,442		533		945
Interest Cost	17,294		13,778		2,884		2,430
Actuarial Loss (Gain)	44,047		(26,274)		5,228		(3,534)
Retiree Contributions	—		—		59		265
Plan Amendments	955		7,394		—		(3,012)
Benefits Paid	(30,662)		(15,835)		(4,556)		(3,061)
Benefit Obligation at End of Year	$	439,373	$	402,156	$	73,659	$	69,511

Change in Plan Assets:
Fair Value of Plan Assets at Beginning of Year	$	287,220	$	216,065	$	70,531	$	57,922
Acquisition Beginning Fair Value	—		94,685		—		15,659
Actual Return on Plan Assets	51,812		(10,399)		11,990		(3,050)
Employer Contributions	4,127		2,704		4,498		2,796
Retiree Contributions	—		—		59		265
Benefits Paid	(30,662)		(15,835)		(4,556)		(3,061)
Fair Value of Plan Assets at End of Year	$	312,497	$	287,220	$	82,522	$	70,531


Funded Status at End of Year:	$	(126,876)	$	(114,936)	$	8,863	$	1,020
Amounts Related to Unconsolidated Affiliate	(2)		(147)		233		320
Accrued Net Benefit (Cost) Credit at End of Year	$	(126,878)	$	(115,083)	$	9,096	$	1,340

Amounts Recognized in the Statement of Financial Position Consist of:
Current Liabilities	$	(3,727)	$	(3,631)	$	—	$	—
Noncurrent Liabilities	(123,151)		(111,452)		9,096		1,340
Net Amount Recognized at End of Year	$	(126,878)	$	(115,083)	$	9,096	$	1,340

Amounts Recognized in Regulatory Assets Consist of:
Prior Service Costs (Credits)	$	292	$	162	$	(5,290)	$	(5,765)
Net Actuarial Loss	61,292		67,377		17,541		20,984
	$	61,584	$	67,539	$	12,251	$	15,219

Amounts Recognized in Accumulated Other Comprehensive Loss Consist of (pre-tax):
Prior Service Costs (Credits)	$	32	$	268	$	(1,619)	$	(1,707)
Net Actuarial Loss	51,253		42,257		2,583		2,394
	$	51,285	$	42,525	$	964	$	687

Fair Value of Plan Assets

The fair values of SJI's and SJG's pension plan assets at December 31, 2019 and 2018 by asset category are as follows (in thousands):


SJI (includes SJG and all other consolidated subsidiaries):
Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2019
Cash / Cash Equivalents:
Cash	$	2,493	$	2,493	$	—	$	—

STIF-Type Instrument (a)	1,702		1,676		26		—
Equity securities:


U.S. Large-Cap (b)	30,863		30,863		—		—
U.S. Mid-Cap (b)	5,862		5,862		—		—
U.S. Small-Cap (b)	3,958		3,958		—		—
International (b)	33,523		33,523		—		—
Fixed Income:

Guaranteed Insurance Contract (c)	2,756		—		—		2,756

Core Plus Fixed Income (d)	23,664		17,132		$	6,532	—



Subtotal Fair Value	$	104,821	$	95,507	$	6,558	$	2,756
Measured at net asset value practical expedient:
Private Equity Fund (e)	$	9,650
Common/Collective Trust Funds - Real Estate (f)	11,190
	20,840
Other Common/Collective Trust Funds (g):
Cash/Cash Equivalents	23,965
Equity Securities - U.S.	1,421


	25,386
Subtotal measured at net asset value practical expedient	46,226

Items to reconcile to fair value of plan assets:
Pension Trust Receivables (h)	161,450

Total Fair Value	$	312,497


Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2018
Cash / Cash Equivalents:
Cash	$	92,224	$	92,224	$	—	$	—

STIF-Type Instrument (a)	1,653		—		1,653		—
Equity securities:


U.S. Large-Cap (b)	13,684		13,684		—		—
U.S. Mid-Cap (b)	1,502		1,502		—		—

International (b)	2,327		2,327		—		—
Fixed Income:

Guaranteed Insurance Contract (c)	8,453		—		—		8,453



Subtotal Fair Value	$	119,843	$	109,737	$	1,653	$	8,453

Measured at net asset value practical expedient:
Private Equity Fund (e)	$	8,867
Common/Collective Trust Funds - Real Estate (f)	9,737
	18,604
Other Common/Collective Trust Funds (g):
Cash/Cash Equivalents	696
Equity Securities - U.S.	63,418
Equity Securities - International	33,391
Fixed Income	51,268
	148,773
Subtotal measured at net asset value practical expedient	$	167,377

Total Fair Value	$	287,220

The fair values of SJI's and SJG's other postretirement benefit plan assets at December 31, 2019 and 2018 by asset category are as follows (in thousands):


SJI (includes SJG and all other consolidated subsidiaries):
Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2019:
Cash	$	2,020	$	2,020	$	—	$	—
Equity Securities:
U.S. Large-Cap (a)	5,585		5,585		—		—
U.S. Mid-Cap (a)	1,038		1,038		—		—
U.S. Small-Cap (a)	695		695		—		—
U.S. International (a)	5,915		5,915		—		—
Fixed Income:
Core Plus Fixed Income (c)	1,529		777		752		—
Mutual Funds - Bonds (a)	2,588		2,588		—		—
Other Types of Investments:
STIF-Type Instrument	99		99		—		—

Subtotal Fair Value	$	19,469	$	18,717	$	752	$	—

Measured at net asset value practical expedient:




Company Owned Life Insurance (b)	$	15,820
Subtotal measured at net asset value practical expedient	$	15,820

Items to reconcile to fair value of plan assets:
Pension Trust Receivables (d)	$	47,233

Total Fair Value	$	82,522

Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2018:
Cash	$	16,720	$	16,720	$	—	$	—
Other Types of Investments:
Mutual Funds - REITS (a)	$	822	$	822	$	—	$	—

Subtotal Fair Value	$	17,542	$	17,542	$	—	$	—

Measured at net asset value practical expedient:
Common/Collective Trust Funds (b):
Equity Securities - U.S.	$	14,069
Equity Securities - International	9,720
Fixed Income	15,315
Company Owned Life Insurance (b)	13,885
Subtotal measured at net asset value practical expedient	$	52,989

Total Fair Value	$	70,531

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets


SJI (includes SJG and all other consolidated subsidiaries):	Guaranteed		Private
	Insurance		Equity		Real
	Contract		Funds		Estate		Total

Balance at January 1, 2018	$	9,211	$	—	$	—	$	9,211
Actual return on plan assets:
Relating to assets still held at the reporting date	(53)		—		—		(53)
Relating to assets sold during the period	13		—		—		13
Purchases, Sales and Settlements	(718)		—		—		(718)
Balance at December 31, 2018	8,453		—		—		8,453
Actual return on plan assets:			—		—		—
Relating to assets still held at the reporting date	144		—		—		144
Relating to assets sold during the period	226		—		—		226
Purchases, Sales and Settlements	(6,067)		—		—		(6,067)
Balance at December 31, 2019	$	2,756	$	—	$	—	$	2,756

Schedule of Future Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid during the following years (in thousands):


SJI (includes SJG and all other consolidated subsidiaries):	Pension Benefits		Other Postretirement Benefits
2020	$	23,181	$	5,574
2021	$	22,520	$	5,519
2022	$	23,234	$	5,414
2023	$	23,795	$	5,283
2024	$	24,434	$	5,009
2025 - 2029	$	131,577	$	21,397


SJG:	Pension Benefits		Other Postretirement Benefits
2020	$	13,078	$	3,818
2021	$	13,464	$	3,747
2022	$	13,890	$	3,666
2023	$	14,319	$	3,598
2024	$	14,985	$	3,415
2025 - 2029	$	84,989	$	14,366

Estimated Costs That Will be Amortized from Regulatory Assets into Net Periodic Costs

The estimated costs that will be amortized from Regulatory Assets for SJI and SJG into net periodic benefit costs in 2020 are as follows (in thousands):


SJI and SJG (costs (credits) are the same for both entities):	Pension Benefits		Other Postretirement Benefits
Prior Service Cost/(Credit)	$	95	$	(474)
Net Actuarial Loss	$	5,385	$	665

Estimated Costs That Will be Amortized from Accumulated Other Comprehensive Income (Loss) into Net Periodic Benefit Costs

The estimated costs that will be amortized from SJI and SJG AOCL into net periodic benefit costs in 2020 are as follows (in thousands):


	Pension Benefits		Other Postretirement Benefits
SJI (includes SJG and all other consolidated subsidiaries):
Prior Service Cost/(Credit)	$	11	$	(102)
Net Actuarial Loss	$	5,091	$	104

SJG:
Prior Service Cost/(Credit)	$	—	$	—
Net Actuarial Loss	$	3,696	$	—

Schedule of Weighted-Average Assumptions Used

The weighted-average assumptions used to determine benefit obligations for SJI and SJG at December 31 were:


	Pension Benefits						Other Postretirement Benefits
	2019		2018		2019		2018
Discount Rate	3.49	%	4.39	%	3.43	%	3.63	%
Rate of Compensation Increase	3.00	%	3.50	%	3.00	%	3.50	%

The weighted-average assumptions used to determine net periodic benefit cost (credit) for SJI and SJG for the years ended December 31 were:


	Pension Benefits										Other Postretirement Benefits
	2019		2018		2017		2019		2018		2017
Discount Rate	4.39	%	3.73	%	4.30	%	4.31	%	4.13	%	4.13	%
Expected Long-Term Return on Plan Assets	7.25	%	7.25	%	7.25	%	6.75	%	6.75	%	6.50	%
Rate of Compensation Increase	3.50	%	3.50	%	3.50	%	3.50	%	3.50	%	3.50	%

South Jersey Gas Company

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Net Periodic Benefit Costs

Net periodic benefit cost related to the SJG employee and officer pension and other postretirement benefit plans consisted of the following components (in thousands):


SJG:	Pension Benefits
	2019		2018		2017
Service Cost	$	3,621	$	5,073	$	4,303
Interest Cost	11,067		10,010		9,925
Expected Return on Plan Assets	(11,028)		(12,513)		(11,366)
Amortization:
Prior Service Cost	95		112		127
Actuarial Loss	8,224		10,074		8,692
Net Periodic Benefit Cost	11,979		12,756		11,681
Capitalized Benefit Costs	(1,437)		(1,943)		(4,723)
Affiliate SERP Allocations	(3,541)		(3,861)		(2,235)
Deferred Benefit Costs	(2,411)		(1,987)		(527)
Total Net Periodic Benefit Expense	$	4,590	$	4,965	$	4,196


SJG:	Other Postretirement Benefits
	2019		2018		2017
Service Cost	$	343	$	583	$	582
Interest Cost	1,863		1,698		1,897
Expected Return on Plan Assets	(3,220)		(3,449)		(3,101)
Amortization:
Prior Service Credits	(474)		(257)		(257)
Actuarial Loss	1,042		695		972
Net Periodic Benefit (Credit) Cost	(446)		(730)		93
Capitalized Benefit Costs	(155)		(257)		(46)
Deferred Benefit Costs	357		580		—
Total Net Periodic Benefit (Income) Expense	$	(244)	$	(407)	$	47

Activity Within Regulatory Assets and Accumulated Other Comprehensive Income (Loss)


SJG:	Regulatory Assets						Accumulated Other Comprehensive Loss (pre-tax)
	Pension Benefits		Other Postretirement Benefits		Pension Benefits		Other Postretirement Benefits
Balance at January 1, 2018	$	64,969	$	13,242	$	39,356	$	—

Amounts Arising during the Period:
Net Actuarial Gain (Loss)	6,590		5,071		(911)		—
Prior Service Credit (Cost)	70		(3,247)		—		—
Other (Curtailments, Settlements, Special Termination)	—		—		—		—
Amounts Amortized to Net Periodic Costs:
Net Actuarial Loss	(6,025)		(695)		(4,049)		—
Prior Service (Cost) Credit	(111)		257		—		—

Balance at December 31, 2018	65,493		14,628		34,396		—

Amounts Arising during the Period:
Net Actuarial Gain (Loss)	726		(2,718)		10,562		—


Amounts Amortized to Net Periodic Costs:
Net Actuarial Loss	(5,456)		(1,042)		(2,768)		—
Prior Service (Cost) Credit	(95)		474		—		—

Balance at December 31, 2019	$	60,668	$	11,342	$	42,190	$	—

Reconciliation of the Plans' Benefit Obligations, Fair Value of Plan Assets and Funded Status


SJG:					Other
	Pension Benefits						Postretirement Benefits
	2019		2018		2019		2018
Change in Benefit Obligations:
Benefit Obligation at Beginning of Year	$	264,823	$	269,066	$	44,882	$	49,098
Service Cost	3,621		5,073		343		583
Interest Cost	11,067		10,010		1,863		1,698
Actuarial Loss (Gain)	24,020		(13,009)		3,481		(1,271)
Retiree Contributions	—		—		6		143
Plan Amendments	—		4,169		—		(3,247)
Benefits Paid	(17,014)		(10,486)		(3,269)		(2,122)
Benefit Obligation at End of Year	$	286,517	$	264,823	$	47,306	$	44,882
Change in Plan Assets:
Fair Value of Plan Assets at Beginning of Year	$	160,285	$	174,277	$	49,770	$	52,663
Actual Return on Plan Assets	23,760		(6,175)		9,419		(2,893)
Employer Contributions	3,927		2,669		3,264		1,979
Retiree Contributions	—		—		6		143
Benefits Paid	(17,013)		(10,486)		(3,269)		(2,122)
Fair Value of Plan Assets at End of Year	$	170,959	$	160,285	$	59,190	$	49,770

Funded Status at End of Year:
Accrued Net Benefit (Cost) Credit at End of Year	$	(115,558)	$	(104,538)	$	11,884	$	4,888
Amounts Recognized in the Statement of Financial Position Consist of:
Current Liabilities	$	(3,693)	$	(3,597)	$	—	$	—
Noncurrent Liabilities	(111,865)		(100,941)		11,884		4,888
Net Amount Recognized at End of Year	$	(115,558)	$	(104,538)	$	11,884	$	4,888
Amounts Recognized in Regulatory Assets Consist of:
Prior Service Costs (Credits)	$	292	$	163	$	(5,290)	$	(5,765)
Net Actuarial Loss	60,376		65,330		16,632		20,393
Net Amount Recognized at End of Year	$	60,668	$	65,493	$	11,342	$	14,628
Amounts Recognized in Accumulated Other Comprehensive Loss Consist of:
Net Actuarial Loss	$	42,190	$	34,396	$	—	$	—

Fair Value of Plan Assets


SJG:
Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2019:
Cash / Cash Equivalents:
Cash	$	1,482	$	1,482	$	—	$	—

STIF-Type Instrument (a)	21		—		21		—







Fixed Income:

Guaranteed Insurance Contract (c)	2,216		—		—		2,216



Subtotal Fair Value	$	3,719	$	1,482	$	21	$	2,216

Measured at net asset value practical expedient:
Private Equity Fund (e)	$	7,761
Common/Collective Trust Funds - Real Estate (f)	8,999
	16,760
Other Common/Collective Trust Funds (g):
Cash/Cash Equivalents	19,273
Equity Securities - U.S.	1,143


	20,416
Subtotal measured at net asset value practical expedient	37,176

Items to reconcile to fair value of plan assets:
Pension Trust Receivables (h)	130,064

Total Fair Value	$	170,959


Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2018:
Cash / Cash Equivalents:
Cash	$	19	$	19	$	—	$	—

STIF-Type Instrument (a)	1,359		—		1,359		—
Equity securities:


U.S. Large-Cap (b)	11,247		11,247		—		—
U.S. Mid-Cap (b)	1,234		1,234		—		—

International (b)	1,912		1,912		—		—
Fixed Income:

Guaranteed Insurance Contract (c)	6,947		—		—		6,947



Subtotal Fair Value	$	22,718	$	14,412	$	1,359	$	6,947

Measured at net asset value practical expedient:
Private Equity Fund (e)	$	7,288
Common/Collective Trust Funds - Real Estate (f)	8,003
	15,291
Other Common/Collective Trust Funds (g):
Cash/Cash Equivalents	572
Equity Securities - U.S.	52,123
Equity Securities - International	27,444
Fixed Income	42,137
	122,276
Subtotal measured at net asset value practical expedient	$	137,567

Total Fair Value	$	160,285

(a)This category represents short-term investment funds held for the purpose of funding disbursement payment arrangements. Underlying assets are valued based on quoted prices in active markets, or where quoted prices are not available, based on models using observable market information. Since not all values can be obtained from quoted prices in active markets, these funds are classified as Level 2 investments.

(b)This category of equity investments represents a managed portfolio of common stock investments in five sectors: telecommunications, electric utilities, gas utilities, water and energy. These common stocks are actively traded on exchanges and price quotes for these shares are readily available. These common stocks are classified as Level 1 investments.

(c)This category represents SJI’s Group Annuity contracts with a nationally recognized life insurance company. The contracts are the assets of the plan, while the underlying assets of the contracts are owned by the contract holder. Valuation is based on a formula and calculation specified within the contract. Since the valuation is based on the reporting entity’s own assumptions, these contracts are classified as Level 3 investments.

(d)This category represents investments using a value-oriented fixed income strategy that invests primarily in a diversified mix of U.S. dollar-denominated investment-grade fixed income securities, with a predominant focus on investment-grade securities across all market sectors and maturities, as well as other alternatives such as high-yield bonds, emerging markets debt, and non-dollar bonds.

(e)This category represents a limited partnership which includes several investments in U.S. leveraged buyout, venture capital, and special situation funds. Fund valuations are reported on a 90 to 120 day lag and, therefore, the value reported herein represents the market value as of June or September 30, 2019 and 2018, respectively, with cash flow changes through December applied. The fund’s investments are stated at fair value, which is generally based on the valuations provided by the general partners or managers of such investments.

(f)This category represents real estate common/collective trust fund investments through a commingled employee benefit trust. These commingled funds are part of a direct investment in a pool of real estate properties. These funds are valued by investment managers on a periodic basis using pricing models that use independent appraisals from sources with professional qualifications.

(g)This category represents common/collective trust fund investments through a commingled employee benefit trust (excluding real estate). These commingled funds are not traded publicly; however, the majority of the underlying assets held in these funds are stocks and bonds that are traded on active markets. Also included in these funds are interest rate swaps, asset backed securities, mortgage backed securities and other investments with observable market values.

(h)Primarily receivables for investment securities sold.


SJG:
Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2019
Cash	$	1,895	$	1,895	$	—	$	—











Subtotal Fair Value	$	1,895	$	1,895	$	—	$	—

Measured at net asset value practical expedient:




Company Owned Life Insurance (b)	14,843
Subtotal measured at net asset value practical expedient	$	14,843

Items to reconcile to fair value of plan assets:
Pension Trust Receivables (d)	42,452

Total Fair Value	$	59,190

Asset Category	Total		Level 1		Level 2		Level 3
As of December 31, 2018
Cash	$	859	$	859	$	—	$	—
Other Types of Investments:
Mutual Funds - REITS (a)	$	740	$	740	$	—	$	—

Subtotal Fair Value	$	1,599	$	1,599	$	—	$	—

Measured at net asset value practical expedient:
Common/Collective Trust Funds (b):
Equity Securities - U.S.	$	12,645
Equity Securities - International	8,735
Fixed Income	13,764
Company Owned Life Insurance (b)	13,027
Subtotal measured at net asset value practical expedient	$	48,171

Total Fair Value	$	49,770

(a)This category represents mutual fund investments. The mutual funds are actively traded on exchanges and price quotes for the shares are readily available. These mutual funds are classified as Level 1 investments.

(b)This category represents common/collective trust fund investments through a commingled employee benefit trust (excluding real estate). These commingled funds are not traded publicly; however, the majority of the underlying assets held in these funds are stocks and bonds that are traded on active markets. Also included in these funds are interest rate swaps, asset backed securities, mortgage backed securities and other investments with observable market values. This category also represents Company-owned life insurance policies with a nationally known life insurance company. The value of these policies is backed by a series of common/collective trust funds held by the insurance carrier.

(c)This category represents investments using a value-oriented fixed income strategy that invests primarily in a diversified mix of U.S. dollar-denominated investment-grade fixed income securities, with a predominant focus on investment-grade securities across all market sectors and maturities, as well as other alternatives such as high-yield bonds, emerging markets debt, and non-dollar bonds.

(d)Primarily receivables for investment securities sold.

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets


SJG:	Guaranteed Insurance Contract		Private Equity Funds		Real Estate		Total
Balance at January 1, 2018	$	7,429	$	—	$	—	$	7,429
Actual return on plan assets:
Relating to assets still held at the reporting date	98		—		—		98
Relating to assets sold during the period	11		—		—		11
Purchases, Sales and Settlements	(591)		—		—		(591)
Balance at December 31, 2018	$	6,947	$	—	$	—	$	6,947
Actual return on plan assets:
Relating to assets still held at the reporting date	(34)		—		—		(34)
Relating to assets sold during the period	182		—		—		182
Purchases, Sales and Settlements	(4,879)		—		—		(4,879)
Balance at December 31, 2019	$	2,216	$	—	$	—	$	2,216