XML 38 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
SEGMENT INFORMATION (Tables)
3 Months Ended
Dec. 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 
 December 31,
 
2018
 
2017
Revenues:
 
 
 
Oil and natural gas
$
1,232,000

 
$
953,000

Contract drilling
1,163,000

 
842,000

Land investment
165,000

 

Other
14,000

 
28,000

Total before interest income
2,574,000

 
1,823,000

Interest income
21,000

 
33,000

Total revenues
$
2,595,000

 
$
1,856,000

Depletion, depreciation, and amortization:
 
 
 
Oil and natural gas
$
749,000

 
$
199,000

Contract drilling
57,000

 
61,000

Other
13,000

 
20,000

Total depletion, depreciation, and amortization
$
819,000

 
$
280,000

Impairment:
 
 
 
Oil and natural gas
$
2,170,000

 
$

Total impairment
$
2,170,000

 
$

Operating (loss) profit (before general and administrative expenses):
 
 
 
Oil and natural gas
$
(3,024,000
)
 
$
96,000

Land investment
165,000

 

Contract drilling
(210,000
)
 
(40,000
)
Other
1,000

 
8,000

Total operating (loss) profit
(3,068,000
)
 
64,000

Equity in loss of affiliates:


 


Land investment
(79,000
)
 
(153,000
)
General and administrative expenses
(1,548,000
)
 
(1,481,000
)
Interest expense
(4,000
)
 

Interest income
21,000

 
33,000

Loss before income taxes
$
(4,678,000
)
 
$
(1,537,000
)