XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Property, Plant and Equipment:    
Utility Plant, at original cost $ 2,042,333us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService $ 2,002,966us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService
Accumulated Depreciation (419,223)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation (413,597)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
Property, Plant and Equipment - Net 1,623,110us-gaap_PropertyPlantAndEquipmentNet 1,589,369us-gaap_PropertyPlantAndEquipmentNet
Investments:    
Available-for-Sale Securities 9,048sji_SecuritiesAvailableForSale 8,894sji_SecuritiesAvailableForSale
Restricted Investments 8,898sji_InvestmentsRestricted 7,961sji_InvestmentsRestricted
Total Investments 17,946us-gaap_Investments 16,855us-gaap_Investments
Current Assets:    
Cash and Cash Equivalents 4,224us-gaap_CashAndCashEquivalentsAtCarryingValue 1,778us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts Receivable 164,014us-gaap_AccountsReceivableGrossCurrent 60,535us-gaap_AccountsReceivableGrossCurrent
Accounts Receivable - Related Parties 23,430us-gaap_AccountsReceivableRelatedPartiesCurrent 1,157us-gaap_AccountsReceivableRelatedPartiesCurrent
Unbilled Revenues 47,629sji_UnbilledRevenues 49,910sji_UnbilledRevenues
Provision for Uncollectibles (8,620)us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent (6,601)us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent
Natural Gas in Storage, average cost 5,611us-gaap_EnergyRelatedInventoryNaturalGasInStorage 25,325us-gaap_EnergyRelatedInventoryNaturalGasInStorage
Materials and Supplies, average cost 1,106us-gaap_InventoryRawMaterialsAndSupplies 1,104us-gaap_InventoryRawMaterialsAndSupplies
Deferred Income Taxes - Net 37,472us-gaap_DeferredTaxAssetsNetCurrent 44,064us-gaap_DeferredTaxAssetsNetCurrent
Prepaid Taxes 3,374us-gaap_PrepaidTaxes 13,601us-gaap_PrepaidTaxes
Derivatives - Energy Related Assets 1us-gaap_EnergyMarketingContractsAssetsCurrent 2,051us-gaap_EnergyMarketingContractsAssetsCurrent
Other Prepayments and Current Assets 10,018us-gaap_OtherAssetsCurrent 3,688us-gaap_OtherAssetsCurrent
Total Current Assets 288,259us-gaap_AssetsCurrent 196,612us-gaap_AssetsCurrent
Regulatory and Other Noncurrent Assets:    
Regulatory Assets 335,009us-gaap_RegulatoryAssetsNoncurrent 357,160us-gaap_RegulatoryAssetsNoncurrent
Unamortized Debt Issuance Costs 7,186us-gaap_UnamortizedDebtIssuanceExpense 7,382us-gaap_UnamortizedDebtIssuanceExpense
Long-Term Receivables 17,679us-gaap_LongTermAccountsNotesAndLoansReceivableNetNoncurrent 15,223us-gaap_LongTermAccountsNotesAndLoansReceivableNetNoncurrent
Other 2,731us-gaap_OtherAssetsNoncurrent 3,071us-gaap_OtherAssetsNoncurrent
Total Regulatory and Other Noncurrent Assets 362,605us-gaap_AssetsNoncurrent 382,836us-gaap_AssetsNoncurrent
Total Assets 2,291,920us-gaap_Assets 2,185,672us-gaap_Assets
Common Equity:    
Common Stock, Par Value $2.50 per share: Authorized - 4,000,000 shares Outstanding - 2,339,139 shares 5,848us-gaap_CommonStockValue 5,848us-gaap_CommonStockValue
Other Paid-In Capital and Premium on Common Stock 250,899us-gaap_AdditionalPaidInCapitalCommonStock 250,899us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated Other Comprehensive Loss (14,423)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1] (14,479)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax [1]
Retained Earnings 480,887us-gaap_RetainedEarningsAccumulatedDeficit 438,300us-gaap_RetainedEarningsAccumulatedDeficit
Total Common Equity 723,211us-gaap_StockholdersEquity 680,568us-gaap_StockholdersEquity
Long-Term Debt 507,091us-gaap_LongTermDebtNoncurrent 507,091us-gaap_LongTermDebtNoncurrent
Total Capitalization 1,230,302us-gaap_CapitalizationLongtermDebtAndEquity 1,187,659us-gaap_CapitalizationLongtermDebtAndEquity
Current Liabilities:    
Notes Payable 129,600us-gaap_ShortTermBankLoansAndNotesPayable 101,400us-gaap_ShortTermBankLoansAndNotesPayable
Current Portion of Long-Term Debt 35,909us-gaap_LongTermDebtCurrent 35,909us-gaap_LongTermDebtCurrent
Accounts Payable - Commodity 24,286us-gaap_GasPurchasePayableCurrent 22,359us-gaap_GasPurchasePayableCurrent
Accounts Payable - Other 36,102us-gaap_AccountsPayableOtherCurrent 32,711us-gaap_AccountsPayableOtherCurrent
Accounts Payable - Related Parties 11,092us-gaap_DueToRelatedPartiesCurrent 11,249us-gaap_DueToRelatedPartiesCurrent
Derivatives - Energy Related Liabilities 5,781us-gaap_EnergyMarketingContractLiabilitiesCurrent 6,305us-gaap_EnergyMarketingContractLiabilitiesCurrent
Customer Deposits and Credit Balances 15,391us-gaap_CustomerAdvancesAndDepositsCurrent 17,626us-gaap_CustomerAdvancesAndDepositsCurrent
Environmental Remediation Costs 36,498us-gaap_AccruedEnvironmentalLossContingenciesCurrent 28,480us-gaap_AccruedEnvironmentalLossContingenciesCurrent
Taxes Accrued 8,274us-gaap_TaxesPayableCurrent 1,177us-gaap_TaxesPayableCurrent
Pension Benefits 1,515us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities 1,515us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
Interest Accrued 4,944us-gaap_InterestPayableCurrent 6,099us-gaap_InterestPayableCurrent
Other Current Liabilities 4,706us-gaap_OtherLiabilitiesCurrent 6,580us-gaap_OtherLiabilitiesCurrent
Total Current Liabilities 314,098us-gaap_LiabilitiesCurrent 271,410us-gaap_LiabilitiesCurrent
Regulatory and Other Noncurrent Liabilities:    
Regulatory Liabilities 66,526us-gaap_RegulatoryLiabilityNoncurrent 41,899us-gaap_RegulatoryLiabilityNoncurrent
Deferred Income Taxes - Net 451,120us-gaap_DeferredTaxLiabilitiesNoncurrent 435,022us-gaap_DeferredTaxLiabilitiesNoncurrent
Environmental Remediation Costs 88,263us-gaap_AccruedEnvironmentalLossContingenciesNoncurrent 95,828us-gaap_AccruedEnvironmentalLossContingenciesNoncurrent
Asset Retirement Obligations 42,069us-gaap_AssetRetirementObligationsNoncurrent 41,976us-gaap_AssetRetirementObligationsNoncurrent
Pension and Other Postretirement Benefits 82,442us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 95,241us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Investment Tax Credits 111us-gaap_AccumulatedDeferredInvestmentTaxCredit 149us-gaap_AccumulatedDeferredInvestmentTaxCredit
Derivatives - Energy Related Liabilities 1,016sji_DerivativesEnergyRelatedLiabilitiesNoncurrent 1,298sji_DerivativesEnergyRelatedLiabilitiesNoncurrent
Derivatives - Other 8,330us-gaap_DerivativeLiabilitiesNoncurrent 7,325us-gaap_DerivativeLiabilitiesNoncurrent
Other 7,643us-gaap_OtherLiabilitiesNoncurrent 7,865us-gaap_OtherLiabilitiesNoncurrent
Total Regulatory and Other Noncurrent Liabilities 747,520us-gaap_LiabilitiesNoncurrent 726,603us-gaap_LiabilitiesNoncurrent
Commitments and Contingencies      
Total Capitalization and Liabilities $ 2,291,920us-gaap_LiabilitiesAndStockholdersEquity $ 2,185,672us-gaap_LiabilitiesAndStockholdersEquity
[1] Determined using a combined average statutory tax rate of 40%.