INVESTMENTS (Tables)

3 Months Ended

Dec. 31, 2017

Investments, All Other Investments [Abstract]

Summary of investments

A summary of Barnwell’s investments is as follows:

	December 31, 2017		September 30, 2017
Investment in Kukio Resort land development partnerships	$	2,006,000	$	2,159,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total investments	$	2,056,000	$	2,209,000

Summarized financial information for the land development partnerships

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

	Three months ended   December 31,
	2017			2016
Revenue	$	1,560,000		$	24,874,000
Gross profit	$	686,000		$	11,496,000
Net (loss) earnings	$	(503,000	)	$	10,661,000

Kaupulehu Developments

INVESTMENTS

Summary of percentage of sales payment proceeds received

The following table summarizes the percentage of sales payment revenues received from KD I and KD II and the amount of fees directly related to such revenues:

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