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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of the SJI nonvested restricted stock awards pertaining to SJG outstanding at and the assumptions used to estimate the fair value of the awards
The following table summarizes the SJI nonvested restricted stock awards pertaining to SJG outstanding at December 31, 2013, and the assumptions used to estimate the fair value of the awards:

Grant Date
 
Shares
Outstanding
 
Fair Value
Per Share
 
Expected
Volatility
 
Risk-Free
Interest Rate
Jan. 2012 - TSR
 
3,533

 
$
51.23

 
22.5
%
 
0.43
%
Jan. 2012 - EPS
 
3,533

 
$
56.93

 
n/a

 
n/a

Jan. 2013 - TSR
 
4,001

 
$
44.38

 
21.1
%
 
0.40
%
Jan. 2013 - EPS
 
4,001

 
51.18

 
n/a

 
n/a

Summary of the information regarding restricted stock award activity excluding accrued dividend equivalents
The following table summarizes information regarding restricted stock award activity during 2013, excluding accrued dividend equivalents:

 
Shares
 
Weighted
Average
Grant Date
Fair Value
Nonvested Shares Outstanding, January 1, 2013
15,108

 
$
52.55

 
 
 
 
Granted
9,324

 
$
47.78

Vested*
(7,116
)
 
$
50.94

Cancelled / Forfeited
(2,248
)
 
$
50.02

Nonvested Shares Outstanding, December 31, 2013
15,068

 
$
50.73


* Performance targets during the 3-year vesting period were not attained for the January 2011 grant. As a result, no shares will be awarded in 2014.