SEGMENT INFORMATION (Tables)

9 Months Ended

Jun. 30, 2016

Schedule of financial information related to reporting segments

The following table presents certain financial information related to Barnwell’s reporting segments. All revenues reported are from external customers with no intersegment sales or transfers.



	Three months ended June 30,						Nine months ended June 30,
	2016			2015			2016			2015
Revenues:
Oil and natural gas	$	768,000		$	2,196,000		$	2,237,000		$	7,260,000
Land investment	1,502,000			1,266,000			1,915,000			3,115,000
Contract drilling	120,000			1,415,000			1,502,000			3,839,000
Residential real estate	5,700,000			—			5,700,000			—
Other	109,000			35,000			198,000			189,000
Total before interest income	8,199,000			4,912,000			11,552,000			14,403,000
Interest income	17,000			19,000			39,000			52,000
Total revenues	$	8,216,000		$	4,931,000		$	11,591,000		$	14,455,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	351,000		$	707,000		$	930,000		$	2,362,000
Contract drilling	64,000			66,000			187,000			207,000
Other	33,000			28,000			84,000			79,000
Total depletion, depreciation, and amortization	$	448,000		$	801,000		$	1,201,000		$	2,648,000
Impairment:
Oil and natural gas	$	1,154,000		$	—		$	1,154,000		$	—
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	(1,494,000	)	$	(46,000	)	$	(2,357,000	)	$	(78,000	)
Land investment	1,502,000			1,266,000			1,915,000			3,115,000
Contract drilling	(207,000		)	534,000			(116,000		)	820,000
Residential real estate	190,000			—			190,000			—
Other	76,000			7,000			114,000			110,000
Gain on sales of assets	472,000			272,000			472,000			272,000
Total operating profit	539,000			2,033,000			218,000			4,239,000
Equity in income of affiliates:
Land investment	2,200,000			988,000			2,616,000			1,444,000
General and administrative expenses	(1,436,000		)	(1,891,000		)	(4,805,000		)	(6,270,000		)
Interest expense	(19,000		)	(76,000		)	(85,000		)	(248,000		)
Interest income	17,000			19,000			39,000			52,000
Earnings (loss) before income taxes	$	1,301,000		$	1,073,000		$	(2,017,000	)	$	(783,000	)

Assets By Segment:



	June 30, 2016		September 30, 2015
	June 30, 2016		September 30, 2015
Oil and natural gas (1)	$	6,364,000	$	7,298,000
Land investment (2)	4,736,000		7,480,000
Contract drilling (2)	1,482,000		2,338,000
Residential real estate (2)	—		5,132,000
Other:
Cash and cash equivalents	17,433,000		8,471,000
Restricted cash	384,000		7,577,000
Corporate and other	3,189,000		3,257,000
Total	$	33,588,000	$	41,553,000

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(1) Primarily located in the province of Alberta, Canada.

(2) Located in Hawaii.