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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Revenue before interest income $ 3,392,000 $ 3,122,000 $ 8,917,000 $ 6,862,000
Interest income 17,000 46,000 50,000 137,000
Total revenues 3,409,000 3,168,000 8,967,000 6,999,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 731,000 187,000 2,308,000 694,000
Asset Impairment Charges        
Impairment of assets 0 165,000 2,413,000 202,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 105,000 1,152,000 (3,493,000) 3,661,000
Equity in (loss) income of affiliates:        
Equity in (loss) income of affiliates (259,000) 136,000 (545,000) (97,000)
General and administrative expenses (1,352,000) (1,591,000) (4,361,000) (4,635,000)
Interest expense 0 0 (4,000) 0
Interest income 17,000 46,000 50,000 137,000
Loss before income taxes (1,489,000) (257,000) (8,353,000) (934,000)
Oil and natural gas        
Revenues:        
Revenue before interest income 1,688,000 616,000 4,844,000 2,428,000
Total revenues 1,688,000 616,000 4,844,000 2,428,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 639,000 121,000 2,072,000 477,000
Asset Impairment Charges        
Impairment of assets 0 0 2,413,000 0
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) (265,000) (49,000) (3,541,000) 174,000
Contract drilling        
Revenues:        
Revenue before interest income 1,689,000 1,193,000 3,839,000 3,051,000
Total revenues 1,689,000 1,193,000 3,839,000 3,051,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 78,000 55,000 195,000 169,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 369,000 64,000 (145,000) 104,000
Land investment        
Revenues:        
Revenue before interest income 0 1,310,000 165,000 1,310,000
Total revenues 0 1,310,000 165,000 1,310,000
Asset Impairment Charges        
Impairment of assets 0 0 0 37,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 0 1,310,000 165,000 1,273,000
Other        
Revenues:        
Revenue before interest income 15,000 3,000 69,000 73,000
Total revenues 32,000 49,000 119,000 210,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 14,000 11,000 41,000 48,000
Asset Impairment Charges        
Impairment of assets 0 165,000 0 165,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 1,000 (173,000) 28,000 (140,000)
Gain on sale of assets        
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) $ 0 $ 0 0 $ 2,250,000
Intersegment eliminations        
Revenues:        
Total revenues     $ 0