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STOCK-BASED COMPENSATION PLANS (Tables)
 12 Months Ended
Dec. 31, 2015
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, 2015, 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
2014 - TSR
 
10,287

 
$
21.31

 
20.0
%
 
0.80
%
2014 - EPS
 
10,287

 
$
27.22

 
n/a

 
n/a

2015 - TSR
 
7,250

 
$
26.31

 
16.0
%
 
1.10
%
2015 - EPS, ROE, Time
 
18,651

 
$
29.47

 
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 2015, excluding accrued dividend equivalents:
 
Shares
 
Weighted
Average
Grant Date
Fair Value
Nonvested Shares Outstanding, January 1, 2015
36,794

 
$
24.10

 
 
 
 
Granted
26,266

 
$
28.58

Vested*
(15,948
)
 
$
23.89

  Cancelled/Forfeited
(637
)
 
$
26.71

Nonvested Shares Outstanding, December 31, 2015
46,475

 
$
26.67


* Based on performance information available at the filing of this report, management does not expect to award shares associated with the 2013 grants to officers and other key employees in 2016.