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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Property, Plant and Equipment:    
Utility Plant, at original cost $ 5,350,943 $ 5,265,661
Accumulated Depreciation (940,177) (914,122)
Nonutility Property and Equipment, at cost 149,606 147,764
Accumulated Depreciation (35,374) (35,069)
Property, Plant and Equipment - Net 4,524,998 4,464,234
Investments:    
Available-for-Sale Securities 32 32
Restricted 1,482 7,786
Investment in Affiliates 112,936 106,230
Total Investments 114,450 114,048
Current Assets:    
Cash and Cash Equivalents 30,386 34,045
Accounts Receivable 327,832 278,723
Unbilled Revenues 68,155 85,423
Provision for Uncollectibles (35,855) (30,582)
Notes Receivable - Affiliate 2,536 2,847
Natural Gas in Storage, average cost 18,800 39,440
Materials and Supplies, average cost 1,749 2,561
Prepaid Taxes 13,623 23,851
Derivatives - Energy Related Assets 38,541 41,439
Other Prepayments and Current Assets 23,148 29,081
Total Current Assets 488,915 506,828
Regulatory and Other Noncurrent Assets:    
Regulatory Assets 650,710 673,992
Derivatives - Energy Related Assets 16,084 6,935
Notes Receivable - Affiliate 30,835 31,073
Contract Receivables 43,934 41,428
Goodwill 706,960 706,960
Other 137,622 143,650
Total Regulatory and Other Noncurrent Assets 1,586,145 1,604,038
Total Assets 6,714,508 6,689,148
Equity:    
Common Stock 128,215 125,740
Premium on Common Stock 1,193,552 1,218,000
Treasury Stock (at par) (264) (321)
Accumulated Other Comprehensive Loss (38,208) (38,216)
Retained Earnings 453,823 355,678
Total South Jersey Industries, Inc. Equity 1,737,118 1,660,881
Noncontrolling Interest 6,124 5,995
Total Equity 1,743,242 1,666,876
Long-Term Debt 3,063,394 2,776,400
Total Capitalization 4,806,636 4,443,276
Current Liabilities:    
Notes Payable 171,300 596,400
Current Portion of Long-Term Debt 142,801 142,801
Accounts Payable 218,078 256,589
Customer Deposits and Credit Balances 29,039 35,899
Environmental Remediation Costs 47,803 45,265
Taxes Accrued 14,560 6,025
Derivatives - Energy Related Liabilities 21,837 27,006
Deferred Contract Revenues 514 479
Derivatives - Other Current 502 659
Dividends Payable 30,453 0
Interest Accrued 31,664 21,140
Pension Benefits 3,704 3,704
Other Current Liabilities 40,444 27,665
Total Current Liabilities 752,699 1,163,632
Deferred Credits and Other Noncurrent Liabilities:    
Deferred Income Taxes - Net 188,800 149,534
Pension and Other Postretirement Benefits 132,199 135,023
Environmental Remediation Costs 139,954 148,310
Asset Retirement Obligations 203,539 202,092
Derivatives - Energy Related Liabilities 11,818 4,947
Derivatives - Other Noncurrent 6,939 9,279
Regulatory Liabilities 418,089 420,577
Other 53,835 12,478
Total Deferred Credits and Other Noncurrent Liabilities 1,155,173 1,082,240
Commitments and Contingencies  (Note 11)
Total Capitalization and Liabilities 6,714,508 6,689,148
SJG    
Property, Plant and Equipment:    
Utility Plant, at original cost 3,436,938 3,387,831
Accumulated Depreciation (621,825) (606,925)
Property, Plant and Equipment - Net 2,815,113 2,780,906
Investments:    
Restricted 1,482 4,826
Total Investments 1,482 4,826
Current Assets:    
Cash and Cash Equivalents 15,984 1,598
Accounts Receivable 130,286 88,657
Accounts Receivable - Related Parties 2,904 3,989
Unbilled Revenues 35,362 46,837
Provision for Uncollectibles (20,473) (17,359)
Natural Gas in Storage, average cost 4,643 14,050
Materials and Supplies, average cost 619 619
Prepaid Taxes 11,514 19,522
Derivatives - Energy Related Assets 4,382 4,053
Other Prepayments and Current Assets 8,870 12,710
Total Current Assets 194,091 174,676
Regulatory and Other Noncurrent Assets:    
Regulatory Assets 473,402 495,084
Contract Receivables 43,934 41,428
Derivatives - Energy Related Assets 0 87
Other 26,117 25,258
Total Regulatory and Other Noncurrent Assets 543,453 561,857
Total Assets 3,554,139 3,522,265
Equity:    
Common Stock 5,848 5,848
Premium on Common Stock 465,244 465,244
Accumulated Other Comprehensive Loss (31,598) (31,606)
Retained Earnings 947,858 864,240
Total Equity 1,387,352 1,303,726
Long-Term Debt 1,013,940 1,016,280
Total Capitalization 2,401,292 2,320,006
Current Liabilities:    
Notes Payable 0 47,500
Current Portion of Long-Term Debt 52,809 52,809
Accounts Payable - Commodity 17,541 22,199
Accounts Payable - Other 37,070 44,186
Accounts Payable - Related Parties 7,098 11,049
Customer Deposits and Credit Balances 16,950 23,637
Environmental Remediation Costs 24,280 23,067
Taxes Accrued 8,543 3,942
Derivatives - Energy Related Liabilities 352 2,868
Derivatives - Other Current 502 659
Interest Accrued 13,653 10,961
Pension Benefits 3,669 3,669
Other Current Liabilities 7,127 7,798
Total Current Liabilities 189,594 254,344
Deferred Credits and Other Noncurrent Liabilities:    
Deferred Income Taxes - Net 431,761 403,609
Pension and Other Postretirement Benefits 117,264 116,973
Environmental Remediation Costs 74,299 78,176
Asset Retirement Obligations 90,183 89,252
Derivatives - Energy Related Liabilities 275 190
Derivatives - Other Noncurrent 6,939 9,279
Regulatory Liabilities 237,738 245,360
Other 4,794 5,076
Total Deferred Credits and Other Noncurrent Liabilities 963,253 947,915
Commitments and Contingencies  (Note 11)
Total Capitalization and Liabilities $ 3,554,139 $ 3,522,265