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INVESTMENTS IN EQUITY INVESTEES (Tables)
3 Months Ended
Dec. 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)
December 31,
2015
September 30,
2015
Steckman Ridge (1)
$
125,058

$
125,649

PennEast
9,222

6,353

Total
$
134,280

$
132,002


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