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SEGMENTS OF BUSINESS (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segments of Business
Information about SJI’s operations in different reportable operating segments is presented below (in thousands):

 
Three Months Ended
March 31,
 
2019
 
2018
Operating Revenues:
 
 
 
SJI Utilities:
 
 
 
   SJG Utility Operations
$
272,198

 
$
234,459

   ETG Utility Operations
140,174

 

   ELK Utility Operations
3,374

 

     Subtotal SJI Utilities
415,746

 
234,459

Energy Group:
 
 
 
     Wholesale Energy Operations
190,007

 
190,343

Retail Gas and Other Operations

 
40,201

Retail Electric Operations
22,691

 
44,035

     Subtotal Energy Group
212,698

 
274,579

Energy Services:
 
 
 
On-Site Energy Production
11,330

 
21,157

Appliance Service Operations
531

 
520

Subtotal Energy Services
11,861

 
21,677

Corporate and Services
9,371

 
13,000

Subtotal
649,676

 
543,715

Intersegment Sales
(12,378
)
 
(21,770
)
Total Operating Revenues
$
637,298

 
$
521,945


 
Three Months Ended
March 31,
 
2019
 
2018
Operating Income:
 

 
 

SJI Utilities:
 
 
 
     SJG Utility Operations
$
98,345

 
$
92,801

     ETG Utility Operations
44,149

 

     ELK Utility Operations
630

 

          Subtotal SJI Utilities
143,124


92,801

Energy Group:
 
 
 
     Wholesale Energy Operations
(2,506
)
 
75,657

Retail Gas and Other Operations

 
(5,758
)
Retail Electric Operations
(1,656
)
 
(208
)
     Subtotal Energy Group
(4,162
)
 
69,691

Energy Services:
 
 
 
On-Site Energy Production
118

 
(554
)
Appliance Service Operations
595

 
503

  Subtotal Energy Services
713

 
(51
)
Corporate and Services
(5,122
)
 
(4,571
)
Total Operating Income
$
134,553

 
$
157,870


 
 
 
Depreciation and Amortization:
 

 
 

SJI Utilities:
 
 
 
     SJG Utility Operations
$
22,702

 
$
20,315

     ETG Utility Operations
6,658

 

     ELK Utility Operations
112

 

          Subtotal SJI Utilities
29,472


20,315

Energy Group:
 
 
 
     Wholesale Energy Operations
23

 
23

Retail Gas and Other Operations

 
75

     Subtotal Energy Group
23

 
98

Energy Services:
 
 
 
On-Site Energy Production
1,252

 
10,271

Appliance Service Operations

 

  Subtotal Energy Services
1,252

 
10,271

Corporate and Services
1,244

 
3,214

Total Depreciation and Amortization
$
31,991

 
$
33,898


 
 
 
Interest Charges:
 

 
 

SJI Utilities:
 
 
 
       SJG Utility Operations
$
7,848

 
$
6,728

       ETG Utility Operations
6,321

 

       ELK Utility Operations
6

 

            Subtotal SJI Utilities
14,175


6,728

Energy Group:
 
 
 
     Wholesale Energy Operations

 

Retail Gas and Other Operations

 
146

     Subtotal Energy Group

 
146

Energy Services:
 
 
 
On-Site Energy Production
2,285

 
3,847

Midstream
544

 
426

Corporate and Services
15,404

 
7,470

Subtotal
32,408

 
18,617

Intersegment Borrowings
(3,755
)
 
(4,645
)
Total Interest Charges
$
28,653

 
$
13,972



 
Three Months Ended
March 31,
 
2019
 
2018
Income Taxes:
 

 
 

 SJI Utilities:
 
 
 
     SJG Utility Operations
$
23,697

 
$
21,836

     ETG Utility Operations
6,902

 

     ELK Utility Operations
163

 

           Subtotal SJI Utilities
30,762


21,836

Energy Group:
 
 
 
     Wholesale Energy Operations
(477
)
 
19,127

Retail Gas and Other Operations

 
(1,534
)
Retail Electric Operations
(249
)
 
(58
)
     Subtotal Energy Group
(726
)
 
17,535

Energy Services:
 
 
 
On-Site Energy Production
(478
)
 
(1,157
)
Appliance Service Operations
167

 
131

  Subtotal Energy Services
(311
)
 
(1,026
)
Midstream
(32
)
 
62

Corporate and Services
(4,744
)
 
(1,992
)
Total Income Taxes
$
24,949

 
$
36,415

 
 
 
 
Property Additions:
 
 
 
SJI Utilities:
 
 
 
     SJG Utility Operations
$
55,305

 
$
50,237

     ETG Utility Operations
38,024

 

     ELK Utility Operations
645

 

          Subtotal SJI Utilities
93,974


50,237

Energy Group:
 
 
 
     Wholesale Energy Operations

 
5

Retail Gas and Other Operations

 
173

     Subtotal Energy Group

 
178

Energy Services:
 
 
 
On-Site Energy Production
23

 
1,113

Appliance Service Operations

 

  Subtotal Energy Services
23

 
1,113

Midstream
12

 
211

Corporate and Services
585

 
3,345

Total Property Additions
$
94,594

 
$
55,084


 
March 31, 2019
 
December 31, 2018
Identifiable Assets:
 
 
 
SJI Utilities:
 
 
 
     SJG Utility Operations
$
3,150,393

 
$
3,118,236

     ETG Utility Operations
2,177,507

 
2,148,175

     ELK Utility Operations
17,088

 
16,482

          Subtotal SJI Utilities
5,344,988

 
5,282,893

Energy Group:
 
 
 
     Wholesale Energy Operations
183,303

 
266,417

Retail Gas and Other Operations (A)
337

 
12,736

Retail Electric Operations
32,104

 
39,345

     Subtotal Energy Group
215,744

 
318,498

Energy Services:
 
 
 
On-Site Energy Production
175,508

 
195,329

Appliance Service Operations
243

 

Subtotal Energy Services
175,751

 
195,329

Midstream
75,298

 
72,333

Discontinued Operations
1,758

 
1,777

Corporate and Services
270,381

 
387,482

Intersegment Assets
(220,558
)
 
(301,735
)
Total Identifiable Assets
$
5,863,362

 
$
5,956,577


(A)    As of March 31, 2019, the remaining $0.3 million of assets in the retail gas and other operations segment represents outstanding accounts receivable balances.