GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

The following table summarizes the changes in goodwill for the years ended December 31, 2021 and 2020, respectively (in thousands):


	2021		2020
Beginning Balance, January 1	$	706,960	$	702,070
Goodwill from EnerConnex Acquisition at Retail Services segment (see Note 20)	—		4,890
Ending Balance, December 31	$	706,960	$	706,960

Schedule of Identifiable Intangible Assets

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


	As of December 31, 2021
	Gross Cost		Accumulated Amortization		Identifiable Intangible Assets, Net
Identifiable intangible assets subject to amortization:
Customer Relationships	$	8,881	$	(863)	$	8,018
AMA (See Note 1)	19,200		(17,920)		1,280
Annadale Intangible Assets	4,220		(280)		$	3,940
Other	807		(2)		805
Total	$	33,108	$	(19,065)	$	14,043


	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

Schedule of Future Amortization Expense Related to Identifiable Intangible Assets

As of December 31, 2021, 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
2022	$	2,176
2023	$	896
2024	$	896
2025	$	896
2026	$	896