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DERIVATIVE INSTRUMENTS - OFFSETTING OF ASSETS AND LIABILITIES (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Sep. 30, 2015
NJRES [Member]    
Derivative assets:    
Amounts Presented in Balance Sheets [1] $ 61,899 $ 44,870
Offsetting Derivative Instruments [2] (13,813) (15,060)
Financial Collateral Received/Pledged [3] (26,136) 3,841
Net Amounts [4] 21,950 33,651
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 38,805 23,004
Offsetting Derivative Instruments [2] (13,813) (15,059)
Financial Collateral Received/Pledged [3] (3,966) (1,200)
Net Amounts [4] 21,026 6,745
NJRES [Member] | Physical Forward Commodity Contracts [Member]    
Derivative assets:    
Amounts Presented in Balance Sheets [1] 12,889 6,562
Offsetting Derivative Instruments [2] (809) (1,326)
Financial Collateral Received/Pledged [3] (1,000) 0
Net Amounts [4] 11,080 5,236
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 22,983 9,271
Offsetting Derivative Instruments [2] (809) (1,326)
Financial Collateral Received/Pledged [3] (1,200) (1,200)
Net Amounts [4] 20,974 6,745
NJRES [Member] | Financial Commodity Contracts [Member]    
Derivative assets:    
Amounts Presented in Balance Sheets [1] 49,010 38,308
Offsetting Derivative Instruments [2] (13,004) (13,734)
Financial Collateral Received/Pledged [3] (25,136) 3,841
Net Amounts [4] 10,870 28,415
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 15,770 13,733
Offsetting Derivative Instruments [2] (13,004) (13,733)
Financial Collateral Received/Pledged [3] (2,766) 0
Net Amounts [4] 0 0
NJRES [Member] | Foreign Currency Contracts [Member]    
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 52  
Offsetting Derivative Instruments [2] 0  
Financial Collateral Received/Pledged [3] 0  
Net Amounts [4] 52  
NJNG [Member]    
Derivative assets:    
Amounts Presented in Balance Sheets [1] 820  
Offsetting Derivative Instruments [2] (820)  
Financial Collateral Received/Pledged [3] 0  
Net Amounts [4] 0  
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 15,680 15,316
Offsetting Derivative Instruments [2] (820) (207)
Financial Collateral Received/Pledged [3] (12,999) (10,881)
Net Amounts [4] 1,861 4,228
NJNG [Member] | Financial Commodity Contracts [Member]    
Derivative assets:    
Amounts Presented in Balance Sheets [1] 820 207
Offsetting Derivative Instruments [2] (820) (207)
Financial Collateral Received/Pledged [3] 0 0
Net Amounts [4] 0 0
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 13,819 11,088
Offsetting Derivative Instruments [2] (820) (207)
Financial Collateral Received/Pledged [3] (12,999) (10,881)
Net Amounts [4] 0 0
NJNG [Member] | Interest Rate Contracts [Member]    
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 1,861 4,228
Offsetting Derivative Instruments [2] 0 0
Financial Collateral Received/Pledged [3] 0 0
Net Amounts [4] $ 1,861 $ 4,228
[1] Derivative assets and liabilities are presented on a gross basis in the balance sheet as the Company does not elect balance sheet offsetting under ASC 210-20.
[2] Offsetting derivative instruments include: transactions with NAESB netting election, transactions held by FCM's with net margining and transactions with ISDA netting.
[3] Financial collateral includes cash balances at FCMs as well as cash received from or pledged to other counterparties.
[4] Net amounts represent presentation of derivative assets and liabilities if the Company were to elect balance sheet offsetting under ASC 210-20.