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ASSET RETIREMENT OBLIGATIONS (Tables)
 12 Months Ended
Sep. 30, 2019
Asset Retirement Obligation Disclosure [Abstract]  
Analysis of Change in ARO Liability
The following is an analysis of the change in the Company’s ARO for the fiscal years ended September 30:
(Thousands)
2019
 
2018
 
NJNG
NJRCEV
 
NJNG
NJRCEV
Balance at October 1
$
25,640

$
3,048

 
$
24,825

$
6,595

Accretion
1,427

150

 
1,366

198

Additions
135

904

 
1,880

517

Revisions in estimated cash flows
—

—

 
(2,133
)
—

Retirements
(258
)
—

 
(298
)
—

Reclassification to held for sale or sold
—

—

 
—

(4,262
)
Balance at period end
$
26,944

$
4,102

 
$
25,640

$
3,048
Schedule of Future Accretion
Accretion for the next five years, for the fiscal years ended September 30, is estimated to be as follows:
 
Estimated
(Thousands)
Accretion
2020
$
1,669

2021
1,745

2022
1,823

2023
1,908

2024
1,994

Total
$
9,139