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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Revenues:        
Oil and natural gas $ 1,409 $ 621 $ 2,550 $ 1,469
Contract drilling 1,580 550 2,986 1,382
Sale of interest in leasehold land 0 330 1,678 480
Gas processing and other 40 67 105 111
Total revenues 3,029 1,568 7,319 3,442
Costs and expenses:        
Oil and natural gas operating 800 1,014 1,646 1,753
Contract drilling operating 850 618 2,014 1,168
General and administrative 1,752 1,574 3,775 3,436
Depletion, depreciation, and amortization 384 391 708 753
Interest expense 2 33 6 66
Total costs and expenses 3,788 3,630 8,149 7,176
Loss before equity in (loss) income of affiliates and income taxes (759) (2,062) (830) (3,734)
Equity in (loss) income of affiliates (170) 253 2,156 416
(Loss) earnings before income taxes (929) (1,809) 1,326 (3,318)
Income tax benefit (287) (264) (234) (457)
Net (loss) earnings (642) (1,545) 1,560 (2,861)
Less: Net (loss) earnings attributable to non-controlling interests (27) 63 534 156
Net (loss) earnings attributable to Barnwell Industries, Inc. $ (615) $ (1,608) $ 1,026 $ (3,017)
Basic and diluted net (loss) earnings per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.07) $ (0.19) $ 0.12 $ (0.36)
Weighted-average number of common shares outstanding:        
Basic and diluted (in shares) 8,277,160 8,277,160 8,277,160 8,277,160