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INVESTMENTS IN EQUITY INVESTEES (Tables)
6 Months Ended
Mar. 31, 2015
Investments, All Other Investments [Abstract]  
Schedule of Equity Method Investments
NJR's investments in equity investees includes the following investments as of:
(Thousands)
March 31,
2015
September 30,
2014
Steckman Ridge (1)
$
127,384

$
128,413

Iroquois
21,928

24,042

PennEast
1,824

555

Total
$
151,136

$
153,010


(1)
Includes loans with a total outstanding principal balance of $70.4 million for both March 31, 2015 and September 30, 2014. The loans accrue interest at a variable rate that resets quarterly and are due October 1, 2023.