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CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY | 12 Months Ended
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Sep. 30, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY | NEW JERSEY RESOURCES CORPORATION (Parent Company) CONDENSED FINANCIAL STATEMENTS YEARS ENDED SEPTEMBER 30, 2013, 2012 and 2011 STATEMENTS OF INCOME
(Thousands) |  |  |
Fiscal years ended September 30, | 2013 | 2012 | 2011
Operating revenues | $ | — |  | $ | — |  | $ | — |
Operating expenses | 9,781 |  | 9,957 |  | 10,138 |
Operating loss | 9,781 |  | 9,957 |  | 10,138 |
Other income | 10,896 |  | 11,254 |  | 10,580 |
Interest expense | 1,116 |  | 1,297 |  | 442 |
(Loss) before income taxes and equity in earnings of affiliates | (1 | ) | — |  | — |
Income tax provision (benefit) | 76 |  | 95 |  | (11 | )
Equity in earnings of subsidiaries | 114,886 |  | 92,974 |  | 101,288 |
Net income | $ | 114,809 |  | $ | 92,879 |  | $ | 101,299 |
STATEMENTS OF COMPREHENSIVE INCOME
(Thousands) |  |  |
Fiscal years ended September 30, | 2013 | 2012 | 2011
Net Income | $ | 114,809 |  | $ | 92,879 |  | $ | 101,299 |
Adjustment to postemployment benefit obligation, net of tax of $(962), $348 and $(205), respectively | 1,393 |  | (505 | ) | 296 |
Other comprehensive (loss) income | 1,393 |  | (505 | ) | 296 |
Comprehensive income | $ | 116,202 |  | $ | 92,374 |  | $ | 101,595 |
STATEMENTS OF CASH FLOWS
(Thousands) |  |  |
Fiscal years ended September 30, | 2013 | 2012 | 2011
Net cash provided from operating activities | $ | 87,447 |  | $ | 47,491 |  | $ | 60,937 |
Net cash (used in) investing activities | $ | (102,134 | ) | $ | (115,236 | ) | $ | (54,568 | )
Cash flows from (used in) financing activities: |  |  |
Payments of long-term debt | $ | (64 | ) | $ | (1,678 | ) | $ | (77 | )
Tax benefit from stock options exercised | 173 |  | 780 |  | 2,007 |
Proceeds from common stock | 37,740 |  | 13,834 |  | 13,704 |
Proceeds from long-term debt | — |  | 100,000 |  | — |
Net proceeds from associated companies | 18,515 |  | 13,315 |  | 54,538 |
Purchases of treasury stock | (26,606 | ) | (8,768 | ) | (10,193 | )
Payments of common stock dividends | (67,230 | ) | (61,688 | ) | (58,650 | )
Net proceeds (payments) of short-term debt | 52,200 |  | 11,950 |  | (7,750 | )
Cash flows from (used in) financing activities | $ | 14,728 |  | $ | 67,745 |  | $ | (6,421 | )
Change in cash and cash equivalents | $ | 41 |  | $ | — |  | $ | (52 | )
Cash and cash equivalents, beginning of year | 5 |  | 5 |  | 57 |
Cash and cash equivalents, end of year | $ | 46 |  | $ | 5 |  | $ | 5 |
SCHEDULE I NEW JERSEY RESOURCES CORPORATION (Parent Company) BALANCE SHEETS
(Thousands) |  |
September 30, | 2013 | 2012
ASSETS |  |
Current assets | $ | 39,734 |  | $ | 2,778 |
Investments | 900,336 |  | 845,023 |
Intercompany receivable, net | 292,070 |  | 241,021 |
Deferred charges and other assets | 5,308 |  | 4,945 |
Total assets | $ | 1,237,448 |  | $ | 1,093,767 |
CAPITALIZATION AND LIABILITIES |  |
Current liabilities | $ | 197,592 |  | $ | 127,525 |
Long-term debt | 150,000 |  | 150,000 |
Deferred credits and other liabilities | 2,503 |  | 2,377 |
Common stock equity | 887,353 |  | 813,865 |
Total capitalization and liabilities | $ | 1,237,448 |  | $ | 1,093,767 |
NOTE TO CONDENSED FINANCIAL STATEMENTS
1. | BASIS OF PRESENTATION
Pursuant to rules and regulations of the SEC, the unconsolidated condensed financial statements of NJR do not reflect all of the information and notes normally included with financial statements prepared in accordance with GAAP in the United States. Therefore, these condensed financial statements should be read in conjunction with the consolidated financial statements and related notes included in this Form 10-K. NJR has accounted for the earnings of its subsidiaries under the equity method in these unconsolidated condensed financial statements. Cash dividends paid to NJR from its subsidiaries were $67.2 million, $61.7 million and $58.7 million during fiscal 2013, 2012 and 2011, respectively.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
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