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DERIVATIVE INSTRUMENTS, OFFSETTING OF ASSETS AND LIABILITIES (Details) - USD ($)
$ in Thousands
Sep. 30, 2016
Sep. 30, 2015
NJRES    
Derivative assets:    
Amounts Presented on the Balance Sheets [1] $ 34,076 $ 44,870
Offsetting Derivative Instruments [2] (20,783) (15,060)
Financial Collateral Received/Pledged [3] (6,904) 3,841
Net Amounts [4] 6,389 33,651
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 58,740 23,004
Offsetting Derivative Instruments [2] (20,783) (15,059)
Financial Collateral Received/Pledged [3] (26,691) (1,200)
Net Amounts [4] 11,266 6,745
NJRES | Physical commodity contracts    
Derivative assets:    
Amounts Presented on the Balance Sheets [1] 9,981 6,562
Offsetting Derivative Instruments [2] (2,837) (1,326)
Financial Collateral Received/Pledged [3] (755) 0
Net Amounts [4] 6,389 5,236
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 12,872 9,271
Offsetting Derivative Instruments [2] (2,837) (1,326)
Financial Collateral Received/Pledged [3] 1,200 (1,200)
Net Amounts [4] 11,235 6,745
NJRES | Financial commodity contracts    
Derivative assets:    
Amounts Presented on the Balance Sheets [1] 24,094 38,308
Offsetting Derivative Instruments [2] (17,945) (13,734)
Financial Collateral Received/Pledged [3] (6,149) 3,841
Net Amounts [4] 0 28,415
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 45,836 13,733
Offsetting Derivative Instruments [2] (17,945) (13,733)
Financial Collateral Received/Pledged [3] (27,891) 0
Net Amounts [4] 0 0
NJRES | Foreign currency contracts    
Derivative assets:    
Amounts Presented on the Balance Sheets 1  
Offsetting Derivative Instruments (1)  
Financial Collateral Received/Pledged 0  
Net Amounts 0  
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 32  
Offsetting Derivative Instruments [2] (1)  
Financial Collateral Received/Pledged [3] 0  
Net Amounts [4] 31  
NJNG    
Derivative assets:    
Amounts Presented on the Balance Sheets [1] 1,115  
Offsetting Derivative Instruments [2] (911)  
Financial Collateral Received/Pledged [3] 0  
Net Amounts [4] 204  
Derivative liabilities:    
Amounts Presented in Balance Sheets 27,592 [1] 15,316
Offsetting Derivative Instruments (911) [2] (207)
Financial Collateral Received/Pledged (2,485) [3] (10,881)
Net Amounts 24,196 [4] 4,228
NJNG | Physical commodity contracts    
Derivative assets:    
Amounts Presented on the Balance Sheets 235  
Offsetting Derivative Instruments (31)  
Financial Collateral Received/Pledged 0  
Net Amounts 204  
Derivative liabilities:    
Amounts Presented in Balance Sheets 1,154  
Offsetting Derivative Instruments (31)  
Financial Collateral Received/Pledged 0  
Net Amounts 1,123  
NJNG | Financial commodity contracts    
Derivative assets:    
Amounts Presented on the Balance Sheets [1] 880 207
Offsetting Derivative Instruments [2] (880) (207)
Financial Collateral Received/Pledged [3] 0 0
Net Amounts [4] 0 0
Derivative liabilities:    
Amounts Presented in Balance Sheets [1] 3,365 11,088
Offsetting Derivative Instruments [2] (880) (207)
Financial Collateral Received/Pledged [3] (2,485) (10,881)
Net Amounts [4] 0 0
NJNG | Interest rate contracts    
Derivative assets:    
Amounts Presented on the Balance Sheets [1] 0  
Offsetting Derivative Instruments [2] 0  
Financial Collateral Received/Pledged [3] 0  
Net Amounts [4] 0  
Derivative liabilities:    
Amounts Presented in Balance Sheets 23,073 [1] 4,228
Offsetting Derivative Instruments 0 [2] 0
Financial Collateral Received/Pledged 0 [3] 0
Net Amounts $ 23,073 [4] $ 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 FCMs 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.