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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Sep. 30, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
A summary of financial data for each quarter of fiscal 2012 and 2011 follows. Due to the seasonal nature of the Company's businesses, quarterly amounts vary significantly during the fiscal year. In the opinion of management, the information furnished reflects all adjustments necessary for a fair presentation of the results of the interim periods.
 
First
Second
Third
Fourth
(Thousands, except per share data)
Quarter
Quarter
Quarter
Quarter
2012
 
 
 
 
Operating revenues
$
642,411

$
612,921

$
425,121

$
568,470

Gross margin(1)
$
120,364

$
115,068

$
28,713

$
45,155

Operating income (loss)
$
75,218

$
67,689

$
(19,911
)
$
(14,306
)
Net income (loss)
$
57,357

$
54,535

$
(10,320
)
$
(8,693
)
Earnings (loss) per share
 
 
 
 
Basic
$1.38
$1.31
$(0.25)
$(0.21)
Diluted
$1.38
$1.31
$(0.25)
$(0.21)
2011




Operating revenues
$
713,152

$
976,987

$
648,169

$
670,901

Gross margin(1)
$
82,659

$
136,572

$
71,237

$
36,520

Operating income (loss)
$
40,263

$
93,202

$
27,182

$
(17,646
)
Net income (loss)
$
24,509

$
63,927

$
20,374

$
(7,511
)
Earnings (loss) per share
 
 
 
 
Basic
$0.59
$1.55
$0.49
$(0.18)
Diluted
$0.59
$1.54
$0.49
$(0.18)
(1)
Gross margin consists of operating revenue less cost of goods sold and other direct expenses at NJR's unregulated subsidiaries and utility gross margin at NJNG, which includes natural gas revenues less natural gas purchases, sales tax, a TEFA and regulatory rider expenses.