INVESTMENTS IN EQUITY METHOD INVESTEES (Tables)

6 Months Ended

Mar. 31, 2018

Investments, All Other Investments [Abstract]

Schedule of Equity Method Investments

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

(Thousands)	March 31, 2018		September 30, 2017
Steckman Ridge (1)	$	118,875	$	120,262
PennEast	65,009		52,323
Total	$	183,884	$	172,585

(1) Includes loans with a total outstanding principal balance of $70.4 million for both March 31, 2018 and September 30, 2017. The loans accrue interest at a variable rate that resets quarterly and are due October 1, 2023.