INVESTMENTS (Tables)

9 Months Ended

Jun. 30, 2019

Investments, All Other Investments [Abstract]

Summary of investments

A summary of Barnwell’s non-current investments is as follows:

	June 30, 2019		September 30, 2018
Investment in Kukio Resort Land Development Partnerships	$	661,000	$	1,558,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total non-current investments	$	711,000	$	1,608,000

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,
	2019			2018
Revenue	$	575,000		$	3,559,000
Gross profit	$	45,000		$	1,777,000
Net (loss) earnings	$	(1,190,000	)	$	841,000

	Nine months ended June 30,
	2019			2018
Revenue	$	2,894,000		$	7,348,000
Gross profit	$	896,000		$	3,511,000
Net (loss) earnings	$	(2,252,000	)	$	153,000

Summary of increment I and increment II percentage of sales payment revenues received

The following table summarizes the Increment I and Increment II revenues 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,
	2019		2018			2019			2018
Sale of interest in leasehold land:
Revenues - sale of interest in leasehold land	$	—	$	1,310,000		$	165,000		$	1,310,000
Fees - included in general and administrative expenses	—		(175,000		)	(20,000		)	(175,000		)
Sale of interest in leasehold land, net of fees	$	—	$	1,135,000		$	145,000		$	1,135,000