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INVESTMENTS (Tables)
9 Months Ended
Jun. 30, 2017
Investments, All Other Investments [Abstract]  
Summary of investments
A summary of Barnwell’s investments is as follows:
 
 
June 30,
2017
 
September 30,
2016
Investment in Kukio Resort land development partnerships
$
2,811,000

 
$
3,502,000

Investment in leasehold land interest – Lot 4C
50,000

 
50,000

Total investments
$
2,861,000

 
$
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 June 30,
 
2017
 
2016
Revenue
$
956,000

 
$
23,584,000

Gross profit
$
396,000

 
$
10,732,000

Net earnings
$
57,000

 
$
10,029,000

 
Nine months ended June 30,
 
2017
 
2016
Revenue
$
27,152,000

 
$
31,703,000

Gross profit
$
12,346,000

 
$
14,186,000

Net earnings
$
10,119,000

 
$
12,020,000

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 
 June 30,
 
Nine months ended 
 June 30,
 
2017
 
2016
 
2017
 
2016
Sale of interest in leasehold land:
 
 
 

 
 
 
 
Revenues - sale of interest in leasehold land
$

 
$
1,775,000

 
$
1,678,000

 
$
2,255,000

Fees - included in general and administrative expenses

 
(273,000
)
 
(260,000
)
 
(340,000
)
Proceeds from sale of interest in leasehold land, net of fees paid
$

 
$
1,502,000

 
$
1,418,000

 
$
1,915,000