XML 26 R73.htm IDEA: XBRL DOCUMENT v2.4.0.6
LONG-TERM DEBT (Details) (USD $)
1 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2013, 4.46% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2013, 4.46% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2013, 5.027% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2013, 5.027% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2014, 4.52% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2014, 4.52% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2014, 5.115% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2014, 5.115% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2015, 5.387% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2015, 5.387% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2016, 5.437% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2016, 5.437% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2016, 4.6% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2016, 4.6% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2017, 4.657% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2017, 4.657% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2018, 7.97% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2018, 7.97% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2018, 7.125% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2018, 7.125% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2019, 5.587% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2019, 5.587% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2024, 3.00% [Member]
Sep. 30, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2024, 3.00% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2024, 3.00% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2024, 3.03% [Member]
Sep. 30, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2024, 3.03% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2024, 3.03% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2025, 3.63% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2025, 3.63% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2026, 4.84% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2026, 4.84% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2026, 4.93% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2026, 4.93% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2027, 4.03% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2027, 4.03% [Member]
Feb. 28, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2027, 7.7% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2027, 7.7% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2027, 7.7% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2032, 3.74% [Member]
Apr. 30, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2032, 3.74% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2032, 3.74% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2033, 5.55% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2033, 5.55% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2034, 6.213% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2034, 6.213% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2035, 5.45% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
First Mortgage Bonds [Member]
Series Due 2035, 5.45% [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
Bonds at variable rates [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
Bonds at variable rates [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
Bonds at variable rates [Member]
Series A. 2006 Bonds [Member]
Dec. 31, 2012
South Jersey Gas Company [Member]
Medium-term Notes [Member]
Series Due 2027, 7.7% [Member]
Dec. 31, 2011
South Jersey Gas Company [Member]
Medium-term Notes [Member]
Series Due 2027, 7.7% [Member]
Dec. 31, 2012
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Dec. 31, 2012
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Series A. 2031 Bonds [Member]
Dec. 31, 2011
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Series A. 2031 Bonds [Member]
Dec. 31, 2012
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Series B. 2021 Bonds [Member]
Dec. 31, 2011
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Series B. 2021 Bonds [Member]
Dec. 31, 2012
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Series A. 2036 [Member]
Dec. 31, 2011
Marina Energy LLC [Member]
Bonds at variable rates [Member]
Series A. 2036 [Member]
Jun. 30, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Dec. 31, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series A Notes Due 2015, 2.39% [Member]
Jun. 30, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series A Notes Due 2015, 2.39% [Member]
Dec. 31, 2011
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series A Notes Due 2015, 2.39% [Member]
Dec. 31, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series B Notes Due 2017, 2.71% [Member]
Jun. 30, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series B Notes Due 2017, 2.71% [Member]
Dec. 31, 2011
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series B Notes Due 2017, 2.71% [Member]
Dec. 31, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series C Notes Due 2022, 3.46% [Member]
Jun. 30, 2012
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series C Notes Due 2022, 3.46% [Member]
Dec. 31, 2011
South Jersey Industries Inc [Member]
Senior Notes [Member]
Series C Notes Due 2022, 3.46% [Member]
Debt Instrument [Line Items]                                                                                                                                                
Debt Instrument, Interest Rate, Stated Percentage     4.46%   5.027%   4.52%   5.115%   5.387%   5.437%   4.60%   4.657%   7.97%   7.125%   5.587%   3.00% 3.00%   3.03% 3.03%   3.63%   4.84%   4.93%   4.03%   7.70% 7.70%   3.74% 3.70%   5.55%   6.213%   5.45%                             2.39% 2.39%   2.71% 2.71%   3.46% 3.46%  
Long-Term Debt $ 626,400,000 [1] $ 426,400,000 [1] $ 10,500,000 [1],[2] $ 10,500,000 [1],[2] $ 14,500,000 [1],[2] $ 14,500,000 [1],[2] $ 11,000,000 [1],[2] $ 11,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 17,000,000 [1],[2] $ 17,000,000 [1],[2] $ 15,000,000 [1],[2] $ 15,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 20,000,000 [1],[2] $ 20,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 50,000,000 [1],[2],[3]   $ 0 [1],[2],[3] $ 35,000,000 [1],[2],[3]   $ 0 [1],[2],[3] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 15,000,000 [1],[2] $ 15,000,000 [1],[2] $ 45,000,000 [1],[2] $ 45,000,000 [1],[2] $ 45,000,000 [1],[2] $ 45,000,000 [1],[2]   $ 0 [1],[2],[4] $ 35,000,000 [1],[2],[4] $ 35,000,000 [1],[2],[4]   $ 0 [1],[2],[4] $ 32,000,000 [1],[2] $ 32,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 10,000,000 [1],[2] $ 25,000,000 [1],[5] $ 25,000,000 [1],[5]       $ 61,400,000 $ 20,000,000 [1],[6] $ 20,000,000 [1],[6] $ 25,000,000 [1],[6] $ 25,000,000 [1],[6] $ 16,400,000 [1],[6] $ 16,400,000 [1],[6]   $ 64,000,000 [1],[7]   $ 0 [1],[7] $ 16,000,000 [1],[7]   $ 0 [1],[7] $ 35,000,000 [1],[7]   $ 0 [1],[7]
Less Current Maturities (25,000,000) [1] (2,187,000) [1]                                                                                                                                            
Total Long-Term Debt 601,400,000 [1] 424,213,000 [1]                                                                                                                                            
Long-term Debt, Fiscal Year Maturity [Abstract]                                                                                                                                                
2013 25,000,000                                                                                                                                              
2014 21,000,000                                                                                                                                              
2015 74,909,000                                                                                                                                              
2016 27,909,000                                                                                                                                              
2017 31,909,000                                                                                                                                              
Debt Instrument, Premium                                                                             2.00%                                                                  
Debt Instrument, Interest Rate at Period End                                                                                                         0.17%       0.14%   0.24%   0.14%                      
Long Term Debt, Outstanding Amount Not Fixed By Interest Rate Derivatives                                                                                                               27,100,000                                
Derivative, Fixed Interest Rate                                                                                                               4.41%                                
Debt Instrument, Face Amount                                                   50,000,000     35,000,000                   35,000,000       35,000,000                                       115,000,000   64,000,000     16,000,000     35,000,000  
Debt Instrument, Maximum Borrowing Capacity                                                                                                             200,000,000                                  
Debt Instrument, Unused Borrowing Capacity, Amount                                                                                                           $ 80,000,000                                    
[1] Long-term debt maturities and sinking funds requirements for the succeeding five years are as follows (in thousands): 2013, $25,000; 2014, $21,000; 2015, $74,909; 2016, $27,909; 2017, $31,909.
[2] The First Mortgage dated October 1, 1947, as supplemented, securing the First Mortgage Bonds constitutes a direct first mortgage lien on substantially all utility plant.
[3] In September 2012, SJG issued $50.0 million of 3.00% aggregate principal amount of MTN's due September 2024. In November 2012, SJG issued $35.0 million of 3.03% aggregate principal amount of MTN's due November 2024.
[4] In February 2012, SJG called its $35.0 million, 7.70% MTN's due April 2027 at par plus a 2.0% premium. The early redemption occurred concurrently with the issuance in April 2012 of $35.0 million, 3.74% Series D MTN's due April 2032.
[5] These variable rate demand bonds bear interest at a floating rate that resets weekly. The interest rate as of December 31, 2012 was 0.17%. Liquidity support on these bonds is provided under a separate letter of credit facility that expires in August, 2015. These bonds contain no financial covenants.
[6] Marina has issued $61.4 million of unsecured variable-rate revenue bonds through the New Jersey Economic Development Authority (NJEDA). The variable rates at December 31, 2012 for the Series A 2001, Series B 2001, and Series A 2006 bonds were 0.14%, 0.24% and 0.14% respectively. The interest rate on all but $27.1 million of the bonds has been effectively fixed via interest rate swaps at 4.41% until January 2026. These bonds contain no financial covenants. Liquidity support on these bonds is provided under a letter of credit facility from a commercial bank that expires in August, 2015.
[7] In June 2012, the Company issued $115.0 million aggregate principal amount of long-term debt, consisting of the following: (a) $64.0 million aggregate principal amount of 2.39% Senior Notes due June 2015; (b) $16.0 million aggregate principal amount of 2.71% Senior Notes due June 2017; and (c) $35.0 million aggregate principal amount of 3.46% Senior Notes due June 2022.