SEGMENT INFORMATION (Tables)

3 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

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   December 31,
	2016			2015
Revenues:
Oil and natural gas	$	1,141,000		$	848,000
Land investment	1,678,000			150,000
Contract drilling	1,406,000			832,000
Other	55,000			42,000
Total before interest income	4,280,000			1,872,000
Interest income	10,000			2,000
Total revenues	$	4,290,000		$	1,874,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	235,000		$	274,000
Contract drilling	66,000			61,000
Other	23,000			27,000
Total depletion, depreciation, and amortization	$	324,000		$	362,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	60,000		$	(165,000	)
Land investment	1,678,000			150,000
Contract drilling	176,000			221,000
Other	32,000			15,000
Total operating profit	1,946,000			221,000
Equity in income of affiliates:
Land investment	2,326,000			163,000
General and administrative expenses	(2,023,000		)	(1,862,000		)
Interest expense	(4,000		)	(33,000		)
Interest income	10,000			2,000
Earnings (loss) before income taxes	$	2,255,000		$	(1,509,000	)