GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The following table summarizes the changes in goodwill for the years ended December 31, 2020 and 2019, respectively (in thousands):


	2020		2019
Beginning Balance, January 1	$	702,070	$	734,607
Goodwill from AEP Acquisition at Corporate & Services segment (see Note 20)	—		1,843

Goodwill from EnerConnex Acquisition at Corporate & Services segment (see Note 20)	4,890		—
ETG and ELK Acquisition-related Working Capital Settlement at the ETG and ELK Utility Operations segments	—		(15,600)
ETG and ELK Fair Value Adjustments During Measurement Period at the ETG and ELK Utility Operations segments	—		(15,143)
Impairment Charge at the On-Site Energy Production segment	—		(3,637)
Ending Balance, December 31	$	706,960	$	702,070

Schedule of Identifiable Intangible Assets

SJI's identifiable intangible assets were as follows (in thousands):


	As of December 31, 2020
	Gross Cost		Accumulated Amortization		Identifiable Intangible Assets, Net
Identifiable intangible assets subject to amortization:
Customer Relationships	$	6,900	$	(338)	$	6,562
AMA (See Note 1)	19,200		(12,800)		6,400
Annadale Intangible Assets	4,318		(22)		4,296
Total	$	30,418	$	(13,160)	$	17,258


	As of December 31, 2019
	Gross Cost		Accumulated Amortization		Identifiable Intangible Assets, Net
Identifiable intangible assets subject to amortization:
Customer Relationships	$	2,400	$	(53)	$	2,347
AMA (See Note 1)	19,200		(7,680)		11,520
Total	$	21,600	$	(7,733)	$	13,867

Schedule of Future Amortization Expense Related to Identifiable Intangible Assets

As of December 31, 2020, SJI's estimated amortization expense related to identifiable intangible assets for each of the five succeeding fiscal years is as follows (in thousands):


Year ended December 31,	SJI
2021	$	5,844
2022	$	2,004
2023	$	724
2024	$	724
2025	$	724