REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACT WITH CUSTOMERS (Tables)

12 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Summary of impact of adoption to our condensed consolidated statements of operations and balance sheets

		October 1, 2018
		Pre-606 Balances		606 Adjustments			Adjusted Balances
ASSETS
Current assets:
	Accounts and other receivables, net of allowance for doubtful accounts	$	1,965,000	$	(308,000	)	$	1,657,000
	Other current assets	950,000		687,000			1,637,000
LIABILITIES AND EQUITY
Current liabilities:
	Other current liabilities	54,000		359,000			413,000
Equity:
	Retained earnings	13,253,000		20,000			13,273,000

The following tables summarize the impact of adopting Topic 606 on the Company’s Consolidated Statements of Operations and Consolidated Balance Sheets:

		Year ended September 30, 2019
		Impact of changes in accounting policies
		As Reported			Balances without adoption of Topic 606			Effect of change increase (decrease)
Revenues:
	Contract drilling	$	5,349,000		$	4,711,000		$	638,000
Costs and expenses:
	Contract drilling operating	4,973,000			4,500,000			473,000
Loss before equity in loss of affiliates and income taxes		(12,372,000		)	(12,537,000		)	165,000
Loss before income taxes		(12,648,000		)	(12,813,000		)	165,000
Net loss		(12,417,000		)	(12,582,000		)	165,000
Less: Net loss attributable to non-controlling interests		(3,000		)	(3,000		)	—
Net loss attributable to Barnwell Industries, Inc. stockholders		$	(12,414,000	)	$	(12,579,000	)	$	165,000
Basic and diluted net loss per common share attributable to Barnwell Industries, Inc. stockholders		$	(1.50	)	$	(1.52	)	$	0.02

		September 30, 2019
		Impact of changes in accounting policies
		As Reported		Balances without adoption of Topic 606		Effect of change increase (decrease)
ASSETS
Current assets:
	Accounts and other receivables, net of allowance for doubtful accounts	$	1,884,000	$	2,412,000	$	(528,000	)
	Other current assets	1,821,000		954,000		867,000
LIABILITIES AND EQUITY
Current liabilities:
	Other current liabilities	1,644,000		1,490,000		154,000
Equity:
	Retained earnings	859,000		674,000		185,000

Summary of disaggregation of revenue

The following table provides information about disaggregated revenue by revenue streams, reportable segments, geographical region, and timing of revenue recognition for the year ended September 30, 2019.

		Oil and natural gas		Contract drilling		Land investment		Other		Total
Revenue streams:
	Oil	$	5,146,000	$	—	$	—	$	—	$	5,146,000
	Natural gas	795,000		—		—		—		795,000
	Natural gas liquids	465,000		—		—		—		465,000
	Drilling and pump	—		5,349,000		—		—		5,349,000
	Contingent residual payments	—		—		165,000		—		165,000
	Other	—		—		—		93,000		93,000
	Total revenues before interest income	$	6,406,000	$	5,349,000	$	165,000	$	93,000	$	12,013,000
Geographical regions:
	United States	$	—	$	5,349,000	$	165,000	$	1,000	$	5,515,000
	Canada	6,406,000		—		—		92,000		6,498,000
	Total revenues before interest income	$	6,406,000	$	5,349,000	$	165,000	$	93,000	$	12,013,000
Timing of revenue recognition:
	Goods transferred at a point in time	$	6,406,000	$	—	$	165,000	$	93,000	$	6,664,000
	Services transferred over time	—		5,349,000		—		—		5,349,000
	Total revenues before interest income	$	6,406,000	$	5,349,000	$	165,000	$	93,000	$	12,013,000

Summary of contract with customer, asset and liability

The following table provides information about accounts receivables, contract assets and contract liabilities from contracts with customers:

	September 30, 2019		October 1, 2018
Accounts receivables from contracts with customers	$	1,322,000	$	1,245,000
Contract assets	344,000		267,000
Contract liabilities	1,633,000		400,000

Schedule of uninstalled materials

A summary of Barnwell's uninstalled materials is as follows:

	September 30, 2019	October 1, 2018	September 30, 2018
Uninstalled materials	729,000	766,000	—	*

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*Balance under ASC 605 "Revenue Recognition".