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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Revenues:        
Revenue from contract with customer $ 2,951,000 $ 1,917,000 $ 5,525,000 $ 3,740,000
Interest income 12,000 58,000 33,000 91,000
Total revenues 2,963,000 1,975,000 5,558,000 3,831,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 758,000 227,000 1,577,000 507,000
Asset Impairment Charges        
Impairment of assets 243,000 37,000 2,413,000 37,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) (530,000) 2,445,000 (3,598,000) 2,509,000
Equity in income (loss) of affiliates:        
Equity in loss of affiliates (207,000) (80,000) (286,000) (233,000)
General and administrative expenses (1,461,000) (1,563,000) (3,009,000) (3,044,000)
Interest expense 0 0 (4,000) 0
Interest income 12,000 58,000 33,000 91,000
Loss (earnings) before income taxes (2,186,000) 860,000 (6,864,000) (677,000)
Oil and natural gas        
Revenues:        
Revenue from contract with customer 1,924,000 859,000 3,156,000 1,812,000
Total revenues 1,924,000 859,000 3,156,000 1,812,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 684,000 157,000 1,433,000 356,000
Asset Impairment Charges        
Impairment of assets 243,000 0 2,413,000 0
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) (252,000) 127,000 (3,276,000) 223,000
Contract drilling        
Revenues:        
Revenue from contract with customer 987,000 1,016,000 2,150,000 1,858,000
Total revenues 987,000 1,016,000 2,150,000 1,858,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 60,000 53,000 117,000 114,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) (304,000) 80,000 (514,000) 40,000
Land investment        
Revenues:        
Revenue from contract with customer 0 0 165,000 0
Total revenues 0 0 165,000 0
Asset Impairment Charges        
Impairment of assets 0 37,000 0  
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 0 (37,000) 165,000 (37,000)
Other        
Revenues:        
Revenue from contract with customer 40,000 42,000 54,000 70,000
Total revenues 52,000 100,000 87,000 161,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 14,000 17,000 27,000 37,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 26,000 25,000 27,000 33,000
Gain on sale of assets        
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) $ 0 $ 2,250,000 0 $ 2,250,000
Intersegment eliminations        
Revenues:        
Total revenues     $ 0