INVESTMENTS (Tables)

9 Months Ended

Jun. 30, 2018

Investments, All Other Investments [Abstract]

Summary of investments

A summary of Barnwell’s investments is as follows:

	June 30, 2018		September 30, 2017
Investment in Kukio Resort Land Development Partnerships	$	1,645,000	$	2,159,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total investments	$	1,695,000	$	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 June 30,
	2018		2017
Revenue	$	3,559,000	$	956,000
Gross profit	$	1,777,000	$	396,000
Net earnings	$	841,000	$	57,000

	Nine months ended June 30,
	2018		2017
Revenue	$	7,348,000	$	27,152,000
Gross profit	$	3,511,000	$	12,346,000
Net earnings	$	153,000	$	10,119,000

Summary of percentage of sales payment revenues 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   June 30,					Nine months ended   June 30,
	2018			2017		2018			2017
Sale of interest in leasehold land:
Revenues - sale of interest in leasehold land	$	1,310,000		$	—	$	1,310,000		$	1,678,000
Fees - included in general and administrative expenses	(175,000		)	—		(175,000		)	(260,000		)
Proceeds from sale of interest in leasehold land, net of fees paid	$	1,135,000		$	—	$	1,135,000		$	1,418,000