Parse ISO-8601 Date Format in Java

Here is code snippet to convert and parse String ISO-8601 formatted date using Joda-Time in Java.
In this case I have to parse it to more readable date time format.

String isoDate = "2015-09-03T12:32:45+0000";
DateTime dt = new DateTime(isoDate);
String newDate = dt.toString("d MMM YYYY, k:m"); // for more advanced pattern see
System.out.println(newDate); // 3 Sep 2015, 12:32