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INVESTMENTS IN EQUITY INVESTEES (Tables)
12 Months Ended
Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
As of September 30, NJR’s investments in equity method investees includes the following:
(Thousands)
2016
2015
Steckman Ridge (1)
$
123,155

$
125,649

PennEast
17,993

6,353

Total
$
141,148

$
132,002

(1)Includes loans with a total outstanding principal balance of $70.4 million for both fiscal 2016 and 2015, which accrue interest at a variable rate that resets quarterly and are due October 1, 2023.