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Statements of Consolidated Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:      
Net Income (Loss) $ 17,663,000 $ (3,490,000) $ 118,810,000
Loss from Discontinued Operations 240,000 86,000 251,000
Income (Loss) from Continuing Operations 17,903,000 (3,404,000) 119,061,000
Adjustments to Reconcile Income from Continuing Operations to Net Cash Provided by Operating Activities:      
Net Gain on Sale of Assets (15,379,000) (2,563,000) 0
Impairment Charges 105,280,000 91,299,000 0
Loss on Extinguishment of Debt 0 543,000 0
Depreciation and Amortization 132,914,000 123,486,000 109,818,000
Net Unrealized (Gain) Loss on Derivatives - Energy Related (34,447,000) 13,667,000 (26,935,000)
Unrealized (Gain) Loss on Derivatives - Other (1,337,000) 677,000 (647,000)
Provision for Losses on Accounts Receivable 7,977,000 6,949,000 6,907,000
CIP Receivable/Payable 32,523,000 915,000 (24,943,000)
Deferred Gas Costs - Net of Recoveries (46,495,000) (28,092,000) 11,753,000
Deferred SBC Costs - Net of Recoveries 311,000 (5,578,000) (7,102,000)
Stock-Based Compensation Expense 4,144,000 4,254,000 3,892,000
Deferred and Noncurrent Income Taxes - Net 10,392,000 10,082,000 55,789,000
Environmental Remediation Costs - Net of Recoveries (59,307,000) (39,860,000) (39,731,000)
Gas Plant Cost of Removal (11,184,000) (7,062,000) (6,070,000)
Pension Contribution 0 (10,000,000) 0
Changes in:      
Accounts Receivable (106,283,000) 21,000 (67,160,000)
Inventories 566,000 5,589,000 387,000
Prepaid and Accrued Taxes - Net 13,418,000 (23,366,000) 4,253,000
Accounts Payable and Other Accrued Liabilities 114,371,000 58,858,000 112,199,000
Derivatives - Energy Related 5,208,000 899,000 6,723,000
Other Assets and Liabilities (26,999,000) (6,989,000) 4,477,000
Cash Flows from Discontinued Operations 7,000 (4,000) (44,000)
Net Cash Provided by Operating Activities 143,583,000 190,321,000 262,627,000
Cash Flows from Investing Activities:      
Capital Expenditures (341,120,000) (272,965,000) (279,423,000)
Cash Paid for Acquisition, Net of Cash Acquired (1,740,285,000) 0 0
Cash Paid for Purchase of New Contract (11,339,000) 0 0
Proceeds from Sale of Property, Plant and Equipment 310,644,000 3,547,000 0
Investment in Long-Term Receivables (8,643,000) (9,324,000) (10,886,000)
Proceeds from Long-Term Receivables 9,813,000 9,861,000 10,014,000
Notes Receivable 0 22,884,000 9,916,000
Purchase of Company-Owned Life Insurance (1,298,000) (9,180,000) (2,398,000)
Investment in Affiliate (9,524,000) (29,636,000) (12,943,000)
Return of Investment in Affiliate 0 0 4,750,000
Advances on Notes Receivable - Affiliate 0 (2,451,000) 0
Net Repayment of Notes Receivable - Affiliate 2,967,000 0 672,000
Net Cash Used in Investing Activities (1,788,785,000) (287,264,000) (280,298,000)
Cash Flows from Financing Activities:      
Net (Repayments of) Borrowings from Short-Term Credit Facilities (75,900,000) 50,300,000 (135,600,000)
Proceeds from Issuance of Long-Term Debt 2,432,500,000 450,000,000 61,000,000
Payments for Issuance of Long-Term Debt (21,574,000) (14,204,000) (147,000)
Principal Repayments of Long-Term Debt (768,909,000) (293,309,000) (49,366,000)
Dividends on Common Stock (94,756,000) (87,308,000) (82,380,000)
Net Settlement of Restricted Stock (776,000) (751,000) (387,000)
Proceeds from Sale of Common Stock 173,750,000 0 214,426,000
Payments for the Issuance of Common Stock (7,149,000) 0 0
Payment of Lease Obligation 0 0 (10,600,000)
Net Cash Provided by (Used in) Financing Activities 1,637,186,000 104,728,000 (3,054,000)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (8,016,000) 7,785,000 (20,725,000)
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 39,695,000 31,910,000 52,635,000
Cash, Cash Equivalents and Restricted Cash at End of Year 31,679,000 39,695,000 31,910,000
Cash paid (received) during the year for:      
Interest (Net of Amounts Capitalized) 84,792,000 51,456,000 32,372,000
Income Taxes (Refunds) Paid (20,004,000) (8,348,000) 194,000
Supplemental Disclosures of Non-Cash Investing Activities      
Capital Expenditures acquired on account but unpaid as of year-end 44,184,000 32,253,000 39,130,000
Notes Receivable Exchanged for Accounts Payable 0 3,841,000 10,168,000
South Jersey Gas Company      
Cash Flows from Operating Activities:      
Net Income (Loss) 82,949,000 72,557,000 69,045,000
Adjustments to Reconcile Income from Continuing Operations to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 82,622,000 71,654,000 63,901,000
Provision for Losses on Accounts Receivable 7,997,000 6,949,000 6,993,000
CIP Receivable/Payable 32,523,000 915,000 (24,943,000)
Deferred Gas Costs - Net of Recoveries (46,495,000) (28,092,000) 11,753,000
Deferred SBC Costs - Net of Recoveries 311,000 (5,578,000) (7,102,000)
Deferred and Noncurrent Income Taxes - Net 39,179,000 78,712,000 40,980,000
Environmental Remediation Costs - Net of Recoveries (53,685,000) (39,860,000) (39,735,000)
Gas Plant Cost of Removal (6,899,000) (7,062,000) (6,070,000)
Pension Contribution 0 (7,997,000) 0
Changes in:      
Accounts Receivable (21,749,000) (28,129,000) (24,867,000)
Inventories (1,198,000) (3,222,000) 2,696,000
Prepaid and Accrued Taxes - Net 9,685,000 (20,993,000) 3,980,000
Other Prepayments and Current Assets 1,390,000 1,183,000 (448,000)
Gas Purchases Payable 5,149,000 19,526,000 14,879,000
Accounts Payable and Other Accrued Liabilities (15,194,000) (1,753,000) 35,982,000
Other Assets (6,705,000) (16,925,000) (7,065,000)
Other Liabilities 3,094,000 14,784,000 2,183,000
Net Cash Provided by Operating Activities 112,974,000 106,669,000 142,162,000
Cash Flows from Investing Activities:      
Capital Expenditures (241,873,000) (248,864,000) (225,287,000)
Investment in Long-Term Receivables (8,643,000) (9,324,000) (10,886,000)
Proceeds from Long-Term Receivables 9,813,000 9,861,000 10,014,000
Notes Receivable 0 9,916,000
Purchase of Company-Owned Life Insurance 0 (4,875,000) 0
Net Cash Used in Investing Activities (240,703,000) (253,202,000) (216,243,000)
Cash Flows from Financing Activities:      
Net (Repayments of) Borrowings from Short-Term Credit Facilities 55,500,000 (52,300,000) (30,100,000)
Proceeds from Issuance of Long-Term Debt 310,000,000 400,000,000 61,000,000
Payments for Issuance of Long-Term Debt (219,000) (2,030,000) (63,000)
Principal Repayments of Long-Term Debt (238,909,000) (215,909,000) (27,909,000)
Dividends on Common Stock 0 (20,000,000) 0
Additional Investment by Shareholder 0 40,000,000 65,000,000
Net Cash Provided by (Used in) Financing Activities 126,372,000 149,761,000 67,928,000
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (1,357,000) 3,228,000 (6,153,000)
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 4,619,000 1,391,000 7,544,000
Cash, Cash Equivalents and Restricted Cash at End of Year 3,262,000 4,619,000 1,391,000
Cash paid (received) during the year for:      
Interest (Net of Amounts Capitalized) 28,583,000 23,729,000 18,497,000
Income Taxes (Refunds) Paid (21,742,000) (8,476,000) (1,000)
Supplemental Disclosures of Non-Cash Investing Activities      
Capital Expenditures acquired on account but unpaid as of year-end $ 32,272,000 $ 25,889,000 $ 25,275,000