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INVESTMENTS IN EQUITY INVESTEES (Tables)
12 Months Ended
Sep. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
As of September 30, NJR's equity method investments include the following:
(Thousands)
2014
2013
Steckman Ridge (1)
$
128,413

$
129,707

Iroquois
24,042

23,084

PennEast
555


Total
$
153,010

$
152,791


(1)Includes loans with a total outstanding principal balance of $70.4 million for both fiscal 2014 and 2013, which accrue interest at a variable rate that resets quarterly and are due October 1, 2023.