XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.20.2

LEASES (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2020
Leases [Abstract] |
Lease, Cost | The following table presents the Company's lease costs included in the Unaudited Condensed Consolidated Statements of Operations:
|  | Three Months Ended | Nine Months Ended
|  | June 30, | June 30,
(Thousands) | Income Statement Location | 2020 | 2020
Finance lease cost |  |  |
Amortization of right-of-use assets | Depreciation and amortization | $ | 1,274 |  | $ | 3,734 |
Interest on lease liabilities | Interest expense, net of capitalized interest | 248 |  | 796 |
Total finance lease cost |  | 1,522 |  | 4,530 |
Operating lease cost | Operation and maintenance, net of capitalized costs | $ | 1,650 |  | $ | 4,761 |
Short-term lease cost | Operation and maintenance | 95 |  | 721 |
Variable lease cost | Operation and maintenance | 597 |  | 1,707 |
Total lease cost |  | $ | 3,864 |  | $ | 11,719 |
The following table presents supplemental cash flow information related to leases:
| Nine Months Ended
| June 30,
(Thousands) | 2020
Cash paid for amounts included in the measurement of lease liabilities |
Operating cash flows from operating leases | $ | 4,133 |
Operating cash flows from finance leases | $ | 952 |
Financing cash flows from finance leases | $ | 5,505 |
Assets And Liabilities, Lessee | The following table presents the balance and classifications of our right of use assets and lease liabilities included in the Unaudited Condensed Consolidated Balance Sheets:
(Thousands) | Balance Sheet Location | June 30, 2020
Assets |  |
Noncurrent |  |
Operating lease assets | Operating lease assets | $ | 101,657 |
Finance lease assets | Utility plant | 72,357 |
Total lease assets |  | $ | 174,014 |
Liabilities |  |
Current |  |
Operating lease liabilities | Operating lease liabilities | $ | 4,458 |
Finance lease liabilities | Current maturities of long-term debt | 10,645 |
Noncurrent |  |
Operating lease liabilities | Operating lease liabilities | 96,118 |
Finance lease liabilities | Long-term debt | 66,944 |
Total lease liabilities |  | $ | 178,165 |
Finance Lease, Liability, Maturity | The following table presents the Company's maturities of lease liabilities as of June 30, 2020:
(Thousands) | Operating Leases | Finance Leases
Remainder of fiscal 2020 | $ | 2,137 |  | $ | 3,417 |
2021 | 6,481 |  | 56,271 |
2022 | 6,387 |  | 6,004 |
2023 | 6,356 |  | 4,622 |
2024 | 5,985 |  | 5,279 |
Thereafter | 126,331 |  | 5,720 |
Total future minimum lease payments | 153,677 |  | 81,313 |
Less: Interest component | (53,101 | ) | (3,724 | )
Total lease liability | $ | 100,576 |  | $ | 77,589 |
Lessee, Operating Lease, Liability, Maturity | The following table presents the Company's maturities of lease liabilities as of June 30, 2020:
(Thousands) | Operating Leases | Finance Leases
Remainder of fiscal 2020 | $ | 2,137 |  | $ | 3,417 |
2021 | 6,481 |  | 56,271 |
2022 | 6,387 |  | 6,004 |
2023 | 6,356 |  | 4,622 |
2024 | 5,985 |  | 5,279 |
Thereafter | 126,331 |  | 5,720 |
Total future minimum lease payments | 153,677 |  | 81,313 |
Less: Interest component | (53,101 | ) | (3,724 | )
Total lease liability | $ | 100,576 |  | $ | 77,589 |
Schedule of Future Minimum Rental Payments for Operating Leases | The following table reflects the Company's future minimum lease payments due under non-cancelable operating leases for continuing operations as of September 30, 2019, under ASC 840 and is being presented for comparative purposes. These commitments relate principally to commercial solar land leases, equipment and real property leases, including land and office facility leases, gas meters and office equipment.
(Thousands) | Operating Leases | Capital Leases
2020 | $ | 4,411 |  | $ | 11,707 |
2021 | $ | 4,698 |  | $ | 6,603 |
2022 | $ | 4,609 |  | $ | 7,494 |
2023 | $ | 4,579 |  | $ | 3,995 |
2024 | $ | 4,199 |  | $ | 4,652 |
Thereafter | $ | 54,405 |  | $ | 4,173 |
Schedule of Future Minimum Lease Payments for Capital Leases | The following table reflects the Company's future minimum lease payments due under non-cancelable operating leases for continuing operations as of September 30, 2019, under ASC 840 and is being presented for comparative purposes. These commitments relate principally to commercial solar land leases, equipment and real property leases, including land and office facility leases, gas meters and office equipment.
(Thousands) | Operating Leases | Capital Leases
2020 | $ | 4,411 |  | $ | 11,707 |
2021 | $ | 4,698 |  | $ | 6,603 |
2022 | $ | 4,609 |  | $ | 7,494 |
2023 | $ | 4,579 |  | $ | 3,995 |
2024 | $ | 4,199 |  | $ | 4,652 |
Thereafter | $ | 54,405 |  | $ | 4,173 |

X
- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | njr_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | njr_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737 + Details
Name: | us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration