FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Financial Instruments, Owned, at Fair Value [Abstract]

Reconciliation of Cash and Cash Equivalents

The following table provides SJI's (including SJG) and SJG's balances of Restricted Investments as well as presents a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that total to the amounts shown in the consolidated statements of cash flows (in thousands):

	As of December 31, 2021
Balance Sheet Line Item	SJI		SJG
Cash and Cash Equivalents	$	28,754	$	3,360
Restricted Investments	686		686
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	29,440	$	4,046

	As of December 31, 2020
Balance Sheet Line Item	SJI		SJG
Cash and Cash Equivalents	$	34,045	$	1,598
Restricted Investments	7,786		4,826
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	41,831	$	6,424

Reconciliation of Restricted Cash

The following table provides SJI's (including SJG) and SJG's balances of Restricted Investments as well as presents a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that total to the amounts shown in the consolidated statements of cash flows (in thousands):

	As of December 31, 2021
Balance Sheet Line Item	SJI		SJG
Cash and Cash Equivalents	$	28,754	$	3,360
Restricted Investments	686		686
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	29,440	$	4,046

	As of December 31, 2020
Balance Sheet Line Item	SJI		SJG
Cash and Cash Equivalents	$	34,045	$	1,598
Restricted Investments	7,786		4,826
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	41,831	$	6,424

Schedule of Allowance for Credit Losses

A summary of changes in the allowance for credit losses for the years ended December 31, 2021 and 2020 are as follows (in thousands):

	2021		2020
SJI (includes SJG and all other consolidated subsidiaries):
Balance at beginning of period	$	30,582	$	19,829
Provision for expected credit losses	10,159		9,558
Regulated assets (A)	7,012		10,953
Recoveries of accounts previously written off	592		909
Uncollectible accounts written off	(6,582)		(10,667)
Balance at end of period	$	41,763	$	30,582
SJG:
Balance at beginning of period	$	17,359	$	14,032
Provision for expected credit losses	7,794		6,209
Regulated assets (A)	3,119		4,845
Recoveries of accounts previously written off	160		424
Uncollectible accounts written off	(3,266)		(8,151)
Balance at end of period	$	25,166	$	17,359

(A) Deferral of incremental costs related to the COVID-19 pandemic as a regulatory asset, resulting from a July 2, 2020 BPU Order (see Note 11).

Schedule of Estimated Fair Values and Carrying Values of Long-Term Debt

The carrying amounts of SJI's and SJG's financial instruments approximate their fair values at December 31, 2021 and 2020, except as noted below (in thousands):

	2021		2020
SJI (includes SJG and all consolidated entities)
Estimated fair values of long-term debt	$	3,653,868	$	3,152,224
Carrying amounts of long-term debt, including current maturities (A)	$	3,255,085	$	2,919,201
Net of:
Unamortized debt issuance costs	$	38,462	$	29,574
Unamortized debt discounts	$	5,135	$	5,224
SJG
Estimated fair values of long-term debt	$	1,171,657	$	1,197,052
Carrying amounts of long-term debt, including current maturities	$	1,041,811	$	1,069,089
Net of:
Unamortized debt issuance costs	$	8,726	$	9,357

(A) SJI Long-Term Debt on the consolidated balance sheet as of December 31, 2021 and December 21, 2020 includes $5.6 million and $3.1 million of finance leases, respectively. See Note 9.