INVESTMENTS IN EQUITY METHOD INVESTEES (Tables)

9 Months Ended

Jun. 30, 2016

Investments, All Other Investments [Abstract]

Schedule of Equity Method Investments

NJR's investments in equity method investees includes the following as of:

(Thousands)	June 30, 2016		September 30, 2015
Steckman Ridge (1)	$	123,626	$	125,649
PennEast	15,372		6,353
Total	$	138,998	$	132,002

(1) Includes loans with a total outstanding principal balance of $70.4 million for both June 30, 2016 and September 30, 2015. The loans accrue interest at a variable rate that resets quarterly and are due October 1, 2023.