REGULATORY ASSETS AND REGULATORY LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2020

Regulatory Assets and Liabilities Disclosure [Abstract]

Schedule of Regulatory Assets

The Utilities' Regulatory Assets as of June 30, 2020 and December 31, 2019 consisted of the following items (in thousands):

	June 30, 2020
	SJG		ETG		ELK		Total SJI
Environmental Remediation Costs:
Expended - Net	$	159,619	$	10,211	$	—	$	169,830
Liability for Future Expenditures	108,979		90,603		—		199,582
Insurance Recovery Receivables	—		(13,615)		—		(13,615)
Deferred ARO Costs	39,335		14,360		—		53,695
Deferred Pension Costs - Unrecognized Prior Service Cost	—		35,751		—		35,751
Deferred Pension and Other Postretirement Benefit Costs	72,010		1,825		—		73,835
Deferred Gas Costs - Net	17,732		—		84		17,816
CIP Receivable	21,638		—		—		21,638
SBC Receivable	1,660		—		—		1,660
Deferred Interest Rate Contracts	11,407		—		—		11,407
EET	13,615		—		—		13,615
Pipeline Supplier Service Charges	477		—		—		477
Pipeline Integrity Cost	5,959		—		—		5,959
AFUDC - Equity Related Deferrals	11,204		—		—		11,204
WNC	—		5,535		154		5,689
Other Regulatory Assets	21,719		18,507		—		40,226
Total Regulatory Assets	$	485,354	$	163,177	$	238	$	648,769

	December 31, 2019
	SJG		ETG		ELK		Total SJI
Environmental Remediation Costs:
Expended - Net	$	156,279	$	16,955	$	—	$	173,234
Liability for Future Expenditures	131,262		101,083		—		232,345
Insurance Recovery Receivables	—		(20,423)		—		(20,423)
Deferred ARO Costs	36,515		18,108		—		54,623
Deferred Pension Costs - Unrecognized Prior Service Cost	—		37,378		—		37,378
Deferred Pension and Other Postretirement Benefit Costs	72,010		1,825		—		73,835
Deferred Gas Costs - Net	49,469		5,301		293		55,063
SBC Receivable	1,478		—		—		1,478
Deferred Interest Rate Contracts	7,856		—		—		7,856
EET	12,877		—		—		12,877
Pipeline Supplier Service Charges	525		—		—		525
Pipeline Integrity Cost	6,516		—		—		6,516
AFUDC - Equity Related Deferrals	10,712		—		—		10,712
WNC	—		—		231		231
Other Regulatory Assets	10,678		9,004		—		19,682
Total Regulatory Assets	$	496,177	$	169,231	$	524	$	665,932

Schedule of Regulatory Liabilities

The Utilities Regulatory Liabilities as of June 30, 2020 and December 31, 2019 consisted of the following items (in thousands):

	June 30, 2020
	SJG		ETG		ELK		Total SJI
Excess Plant Removal Costs	$	13,853	$	38,847	$	—	$	52,700
Excess Deferred Taxes	241,376		115,791		—		357,167
Deferred Revenues - Net	—		15,205		—		15,205
Amounts to be Refunded to Customers	—		8,500		—		8,500
Other Regulatory Liabilities	—		576		—		576
Total Regulatory Liabilities	$	255,229	$	178,919	$	—	$	434,148

	December 31, 2019
	SJG		ETG		ELK		Total SJI
Excess Plant Removal Costs	$	16,333	$	36,343	$	—	$	52,676
Excess Deferred Taxes	251,355		117,695		—		369,050
Deferred Revenues - Net	—		52		—		52
CIP Payable	6,794		—		—		6,794
WNC	—		2,684		—		2,684
Amounts to be Refunded to Customers	—		10,625		—		10,625
Other Regulatory Liabilities	—		1,037		—		1,037
Total Regulatory Liabilities	$	274,482	$	168,436	$	—	$	442,918