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BUSINESS SEGMENT AND OTHER OPERATIONS DATA (Tables)
 6 Months Ended
Mar. 31, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information related to the Company's various business segments and other operations is detailed below:
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2012
2011
2012
2011
Operating revenues
 
 
 
 
Natural Gas Distribution
 
 
 
 
External customers
$
226,023

$
433,248

$
417,397

$
723,924

Intercompany
—

—

—

—

Energy Services
 
 
 
 
External customers
378,356

535,987

820,162

950,418

Intercompany
2,654

37,088

2,848

53,431

Clean Energy Ventures
 
 
 
 
External customers
527

—

907

—

Segment subtotal
607,560

1,006,323

1,241,314

1,727,773

Retail and Other
 
 
 
 
External customers
8,014

7,751

16,866

15,796

Intercompany
263

75

442

156

Eliminations
(2,916
)
(37,162
)
(3,290
)
(53,586
)
Total
$
612,921

$
976,987

$
1,255,332

$
1,690,139

Depreciation and amortization
 
 


Natural Gas Distribution
$
8,749

$
8,235

$
17,381

$
16,458

Energy Services
16

15

32

31

Clean Energy Ventures
1,511

28

2,321

28

Energy Holdings
2

2

3

3

Segment subtotal
10,278

8,280

19,737

16,520

Retail and Other
161

197

302

411

Total
$
10,439

$
8,477

$
20,039

$
16,931

Interest income (1)
 
 


Natural Gas Distribution
$
214

$
280

$
460

$
540

Energy Services
(5
)
3

26

8

Energy Holdings
285

224

533

452

Segment subtotal
494

507

1,019

1,000

Retail and Other
1

1

1

1

Eliminations
(268
)
(217
)
(503
)
(438
)
Total
$
227

$
291

$
517

$
563

(1)
Included in other income in the Unaudited Condensed Consolidated Statements of Operations.

 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2012
2011
2012
2011
Interest expense, net of capitalized interest
 
 
 
 
Natural Gas Distribution
$
3,713

$
3,808

$
7,450

$
7,824

Energy Services
245

323

515

599

Clean Energy Ventures
198

3

340

7

Energy Holdings
683

817

1,397

1,625

Segment subtotal
4,839

4,951

9,702

10,055

Retail and Other
588

127

730

286

Total
$
5,427

$
5,078

$
10,432

$
10,341

Income tax provision (benefit)
 
 


Natural Gas Distribution
$
27,016

$
26,278

$
42,612

$
40,879

Energy Services
(2,105
)
7,525

9,403

6,683

Clean Energy Ventures
(14,826
)
(6,071
)
(26,997
)
(6,710
)
Energy Holdings
1,393

1,487

2,624

2,670

Segment subtotal
11,478

29,219

27,642

43,522

Retail and Other
(312
)
(588
)
(371
)
(1,044
)
Eliminations
(72
)
(19
)
(140
)
(13
)
Total
$
11,094

$
28,612

$
27,131

$
42,465

Equity in earnings of affiliates
 
 


Energy Holdings
$
3,967

$
4,360

$
7,582

$
7,980

Segment subtotal
3,967

4,360

7,582

7,980

Eliminations
(949
)
(750
)
(1,910
)
(1,453
)
Total
$
3,018

$
3,610

$
5,672

$
6,527

Net financial earnings (loss)
 
 


Natural Gas Distribution
$
44,936

$
44,040

$
70,910

$
68,396

Energy Services
15,871

16,001

23,486

19,168

Clean Energy Ventures
11,862

5,171

21,959

5,225

Energy Holdings
2,021

2,145

3,804

3,858

Segment subtotal
74,690

67,357

120,159

96,647

Retail and Other
(543
)
(328
)
(689
)
(488
)
Eliminations
(21
)
—

(36
)
—

Total
$
74,126

$
67,029

$
119,434

$
96,159

Capital expenditures
 
 


Natural Gas Distribution
$
27,427

$
18,988

$
49,145

$
47,186

Clean Energy Ventures
14,175

9,038

61,786

9,937

Segment subtotal
41,602

28,026

110,931

57,123

Retail and Other
370

1,717

459

1,963

Total
$
41,972

$
29,743

$
111,390

$
59,086
Reconciliation of Consolidated Net Financial Earnings to Consolidated Net Income [Text Block]
A reconciliation of consolidated net financial earnings to consolidated net income is as follows:
 
Three Months Ended
Six Months Ended
 
March 31,
March 31,
(Thousands)
2012
2011
2012
2011
Consolidated net financial earnings
$
74,126

$
67,029

$
119,434

$
96,159

Less:
 
 
 
 
Unrealized loss (gain) from derivative instruments and related transactions, net of taxes (1)
7,664

2,306

(9,708
)
36,710

Effects of economic hedging related to natural gas inventory, net of taxes
11,927

796

17,250

(28,987
)
Consolidated net income
$
54,535

$
63,927

$
111,892

$
88,436


(1)
Excludes unrealized losses related to an intercompany transaction between NJNG and NJRES that have been eliminated in consolidation of approximately $79,000 and $30,000, for the three months ended March 31, 2012 and March 31, 2011, respectively, and $197,000, and $32,000 for the six months ended March 31, 2012 and 2011, respectively.
Reconciliation of Assets from Segment to Consolidated [Text Block]
The Company's assets for the various business segments and business operations are detailed below:
(Thousands)
March 31,
2012
September 30,
2011
Assets at end of period:


Natural Gas Distribution
$
1,951,497

$
1,942,691

Energy Services
346,995

400,882

Clean Energy Ventures
166,478

80,234

Energy Holdings
157,987

159,940

Segment subtotal
2,622,957

2,583,747

Retail and Other
66,742

87,066

Intercompany assets (1)
(19,960
)
(21,369
)
Total
$
2,669,739

$
2,649,444

(1)
Consists of transactions between subsidiaries that are eliminated and reclassified in consolidation.