SEGMENT INFORMATION (Tables)

6 Months Ended

Mar. 31, 2018

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   March 31,						Six months ended   March 31,
	2018			2017			2018			2017
Revenues:
Oil and natural gas	$	859,000		$	1,409,000		$	1,812,000		$	2,550,000
Land investment	—			—			—			1,678,000
Contract drilling	1,016,000			1,580,000			1,858,000			2,986,000
Other	42,000			14,000			70,000			69,000
Total before interest income	1,917,000			3,003,000			3,740,000			7,283,000
Interest income	58,000			26,000			91,000			36,000
Total revenues	$	1,975,000		$	3,029,000		$	3,831,000		$	7,319,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	157,000		$	292,000		$	356,000		$	527,000
Contract drilling	53,000			70,000			114,000			136,000
Other	17,000			22,000			37,000			45,000
Total depletion, depreciation, and amortization	$	227,000		$	384,000		$	507,000		$	708,000
Impairment:
Land investment	$	37,000		$	—		$	37,000		$	—
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	127,000		$	317,000		$	223,000		$	377,000
Land investment	(37,000		)	—			(37,000		)	1,678,000
Contract drilling	80,000			660,000			40,000			836,000
Other	25,000			(8,000		)	33,000			24,000
Gain on sales of assets	2,250,000			—			2,250,000			—
Total operating profit	2,445,000			969,000			2,509,000			2,915,000
Equity in income (loss) of affiliates:
Land investment	(80,000		)	(170,000		)	(233,000		)	2,156,000
General and administrative expenses	(1,563,000		)	(1,754,000		)	(3,044,000		)	(3,781,000		)
Interest income	58,000			26,000			91,000			36,000
Earnings (loss) before income taxes	$	860,000		$	(929,000	)	$	(677,000	)	$	1,326,000