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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Oil and natural gas $ 768 $ 2,196 $ 2,237 $ 7,260
Contract drilling 120 1,415 1,502 3,839
Sale of interest in leasehold land, net 1,502 1,266 1,915 3,115
Residential real estate 5,700 0 5,700 0
Gas processing and other 126 54 237 241
Total revenues 8,216 4,931 11,591 14,455
Costs and expenses:        
Oil and natural gas operating 757 1,535 2,510 4,976
Contract drilling operating 263 815 1,431 2,812
Residential real estate 5,510 0 5,510 0
General and administrative 1,436 1,891 4,805 6,270
Depletion, depreciation, and amortization 448 801 1,201 2,648
Impairment of oil and natural gas properties 1,154 0 1,154 0
Gain on sales of assets (472) (272) (472) (272)
Interest expense 19 76 85 248
Total costs and expenses 9,115 4,846 16,224 16,682
(Loss) earnings before equity in income of affiliates and income taxes (899) 85 (4,633) (2,227)
Equity in income of affiliates 2,200 988 2,616 1,444
Earnings (loss) before income taxes 1,301 1,073 (2,017) (783)
Income tax (benefit) provision (72) (140) (529) 160
Net earnings (loss) 1,373 1,213 (1,488) (943)
Less: Net earnings attributable to non-controlling interests 598 242 754 570
Net earnings (loss) attributable to Barnwell Industries, Inc. $ 775 $ 971 $ (2,242) $ (1,513)
Basic and diluted net earnings (loss) per common share attributable to Barnwell Industries, Inc. stockholders $ 0.09 $ 0.12 $ (0.27) $ (0.18)
Weighted-average number of common shares outstanding:        
Basic and diluted (in shares) 8,277,160 8,277,160 8,277,160 8,277,160