INVESTMENTS (Tables)

6 Months Ended

Mar. 31, 2017

Investments, All Other Investments [Abstract]

Summary of investments

A summary of Barnwell’s investments is as follows:

	March 31, 2017		September 30, 2016
Investment in Kukio Resort land development partnerships	$	2,842,000	$	3,502,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total investments	$	2,892,000	$	3,552,000

Summarized financial information for the land development partnerships

Summarized financial information for the Kukio Resort land development partnerships is as follows:

	Three months ended March 31,
	2017			2016
Revenue	$	1,322,000		$	4,416,000
Gross profit	$	454,000		$	2,097,000
Net (loss) earnings	$	(598,000	)	$	1,168,000

	Six months ended March 31,
	2017		2016
Revenue	$	26,196,000	$	8,119,000
Gross profit	$	11,950,000	$	3,454,000
Net earnings	$	10,062,000	$	1,991,000

Kaupulehu Developments

INVESTMENTS

Summary of percentage of sales payment revenues received

The following table summarizes the percentage of sales payment proceeds received from KD I and KD II.

	Three months ended   March 31,					Six months ended   March 31,
	2017		2016			2017			2016
Sale of interest in leasehold land:
Revenues - sale of interest in leasehold land	$	—	$	330,000		$	1,678,000		$	480,000
Fees - included in general and administrative expenses	—		(46,000		)	(260,000		)	(67,000		)
Proceeds from sale of interest in leasehold land, net of fees paid	$	—	$	284,000		$	1,418,000		$	413,000