SEGMENT INFORMATION (Tables)

9 Months Ended

Jun. 30, 2017

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   June 30,						Nine months ended   June 30,
	2017			2016			2017			2016
Revenues:
Oil and natural gas	$	940,000		$	768,000		$	3,490,000		$	2,237,000
Land investment	—			1,775,000			1,678,000			2,255,000
Contract drilling	360,000			120,000			3,346,000			1,502,000
Residential real estate	—			5,700,000			—			5,700,000
Other	19,000			109,000			88,000			198,000
Total before interest income	1,319,000			8,472,000			8,602,000			11,892,000
Interest income	21,000			17,000			57,000			39,000
Total revenues	$	1,340,000		$	8,489,000		$	8,659,000		$	11,931,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	145,000		$	351,000		$	672,000		$	930,000
Contract drilling	69,000			64,000			205,000			187,000
Other	20,000			33,000			65,000			84,000
Total depletion, depreciation, and amortization	$	234,000		$	448,000		$	942,000		$	1,201,000
Impairment:
Oil and natural gas	$	—		$	1,154,000		$	—		$	1,154,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	175,000		$	(1,494,000	)	$	552,000		$	(2,357,000	)
Land investment	—			1,775,000			1,678,000			2,255,000
Contract drilling	(302,000		)	(207,000		)	534,000			(116,000		)
Residential real estate	—			190,000			—			190,000
Other	(1,000		)	76,000			23,000			114,000
Gain on sales of assets	527,000			472,000			527,000			472,000
Total operating profit (loss)	399,000			812,000			3,314,000			558,000
Equity in (loss) income of affiliates:
Land investment	(31,000		)	2,200,000			2,125,000			2,616,000
General and administrative expenses	(1,344,000		)	(1,709,000		)	(5,119,000		)	(5,145,000		)
Interest expense	(1,000		)	(19,000		)	(7,000		)	(85,000		)
Interest income	21,000			17,000			57,000			39,000
Earnings (loss) before income taxes	$	(956,000	)	$	1,301,000		$	370,000		$	(2,017,000	)