SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Schedule of Utility Inventory

The following table summarizes gas in storage, at average cost by company as of:

	December 31, 2013				September 30, 2013
($ in thousands)	Gas in Storage			Bcf	Gas in Storage			Bcf
NJNG		$	80,789	15.7		$	104,979	20.4
NJRES		202,567		56.0		209,498		62.3
Total		$	283,356	71.7		$	314,477	82.7