SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2018

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.



	Year ended September 30,
	2018			2017
Revenues:
Oil and natural gas	$	3,706,000		$	4,383,000
Land investment	1,645,000			4,503,000
Contract drilling	3,769,000			3,938,000
Other	86,000			113,000
Total before interest income	9,206,000			12,937,000
Interest income	162,000			93,000
Total revenues	$	9,368,000		$	13,030,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	826,000		$	848,000
Contract drilling	223,000			270,000
Other	62,000			85,000
Total depletion, depreciation, and amortization	$	1,111,000		$	1,203,000
Impairment:
Land investment	$	37,000		$	155,000
Other	165,000			—
Total impairment	$	202,000		$	155,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	247,000		$	507,000
Land investment	1,608,000			4,348,000
Contract drilling	(104,000		)	437,000
Other	(141,000		)	28,000
Gain on sales of assets	2,255,000			527,000
Total operating profit	3,865,000			5,847,000
Equity in income of affiliates:
Land investment	223,000			2,276,000
General and administrative expenses	(6,262,000		)	(6,976,000		)
Interest expense	(7,000		)	(6,000		)
Interest income	162,000			93,000
(Loss) earnings before income taxes	$	(2,019,000	)	$	1,234,000

Capital Expenditures:



	Year ended September 30,
	2018		2017
Oil and natural gas	$	13,428,000	$	1,037,000
Contract drilling	60,000		229,000
Other	54,000		9,000
Total	$	13,542,000	$	1,275,000

Assets By Segment:



	September 30,
	2018		2017
Oil and natural gas (1)	$	18,785,000	$	5,910,000
Land investment (2)	1,608,000		3,247,000
Contract drilling (2)	1,804,000		1,543,000
Other:
Cash and cash equivalents	5,965,000		16,281,000
Certificates of deposit	741,000		4,413,000
Corporate and other	2,475,000		1,626,000
Total	$	31,378,000	$	33,020,000

______________

(1) Primarily located in the province of Alberta, Canada.

(2) Located in Hawaii.

Schedule of long-lived assets and revenue by geographic area

Long-Lived Assets By Geographic Area:



	September 30,
	2018		2017
United States	$	4,119,000	$	3,765,000
Canada	15,177,000		4,113,000
Total	$	19,296,000	$	7,878,000

Revenue By Geographic Area:



	Year ended September 30,
	2018		2017
United States	$	5,418,000	$	8,444,000
Canada	3,788,000		4,493,000
Total (excluding interest income)	$	9,206,000	$	12,937,000