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INVESTMENTS IN EQUITY INVESTEES (Tables)
 6 Months Ended
Mar. 31, 2019
Investments, All Other Investments [Abstract]  
Schedule of Equity Method Investments
NJR's investments in equity method investees include the following as of:
(Thousands)
March 31,
2019
September 30,
2018
Steckman Ridge (1)
$
115,775

$
117,001

PennEast
79,428

73,865

Total
$
195,203

$
190,866


(1)
Includes loans with a total outstanding principal balance of $70.4 million for both March 31, 2019 and September 30, 2018. The loans accrue interest at a variable rate that resets quarterly and are due October 1, 2023.