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INVESTMENTS IN EQUITY INVESTEES (Tables)
12 Months Ended
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
As of September 30, NJR's equity method investments include the following:
(Thousands)
2015
2014
Steckman Ridge (1)
$
125,649

$
128,413

Iroquois

24,042

PennEast
6,353

555

Total
$
132,002

$
153,010

(1)Includes loans with a total outstanding principal balance of $70.4 million for both fiscal 2015 and 2014, which accrue interest at a variable rate that resets quarterly and are due October 1, 2023.