STOCK-BASED COMPENSATION PLANS (Tables)

9 Months Ended

Sep. 30, 2016

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 September 30, 2016, and the assumptions used to estimate the fair value of the awards:

Grants	Shares Outstanding	Fair Value Per Share		Expected Volatility		Risk-Free Interest Rate
2014 - TSR	9,692	$	21.31	20.0	%	0.80	%
2014 - EGR	9,692	$	27.22	n/a		n/a
2015 - TSR	6,884	$	26.31	16.0	%	1.10	%
2015 - EGR, ROE, Time	15,211	$	29.47	n/a		n/a
2016 - TSR	11,472	$	22.53	18.1	%	1.31	%
2016 - CEGR, Time	21,305	$	23.52	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 the nine months ended September 30, 2016, excluding accrued dividend equivalents:

	Shares		Weighted Average Grant Date Fair Value
Nonvested Shares Outstanding, January 1, 2016	46,475		$	26.67
Granted	33,218		$	23.17
Canceled / Forfeited	(2,827	)	$	25.89
Vested	(2,610	)	29.47
Nonvested Shares Outstanding, September 30, 2016	74,256		$	25.04