LEASES (Tables)

9 Months Ended

Sep. 30, 2019

The maturity of the Company’s operating lease liabilities as of September 30, 2019 is as follows (in thousands):


	As of September 30, 2019
	SJI Consolidated		SJG
2019 (excluding the nine months ended September 30, 2019)	$	414	$	43
2020	1,075		150
2021	233		39
2022	65		21
2023	34		19
Thereafter	114		114
Total future minimum lease payments	1,935		386
Less imputed interest	64		32
Total lease payments	$	1,871	$	354
Included in the condensed consolidated balance sheet
Current lease liabilities (included in Other Current Liabilities)	$	1,326	$	166
Long-term lease liabilities (included in Other Noncurrent Liabilities)	545		188
Total lease liabilities	$	1,871	$	354

Contractual obligations for operating leases under previous guidance

The following summarizes our contractual obligations for operating leases and their applicable payment due dates, as of December 31, 2018 under ASC Topic 840, prior to the implementation of ASC 842:


	Total	Up to 1 year	Years 2&3	Years 4&5	More than 5 years
SJI Consolidated	1,885	838	916	131	—
SJG	175	56	112	7	—

Minimum future rentals to be received

Minimum future rentals to be received on this operating lease of property and equipment as of September 30, 2019 for the remainder of 2019 and each of the next five fiscal years and in the aggregate are (in thousands):


2019 (remaining three months)	$	1,349
2020	5,396
2021	5,396
2022	5,396
2023	5,396
2024	5,396
Thereafter	13,042
Total minimum future rentals	$	41,371