SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2019

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.



	Year ended September 30,
	2019			2018
Revenues:
Oil and natural gas	$	6,406,000		$	3,706,000
Contract drilling	5,349,000			3,769,000
Land investment	165,000			1,645,000
Other	93,000			86,000
Total before interest income	12,013,000			9,206,000
Interest income	62,000			162,000
Total revenues	$	12,075,000		$	9,368,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	2,680,000		$	826,000
Contract drilling	287,000			223,000
Other	55,000			62,000
Total depletion, depreciation, and amortization	$	3,022,000		$	1,111,000
Impairment:
Oil and natural gas	$	5,710,000		$	—
Land investment	—			37,000
Other	—			165,000
Total impairment	$	5,710,000		$	202,000
Operating (loss) profit (before general and administrative expenses):
Oil and natural gas	$	(7,197,000	)	$	247,000
Contract drilling	89,000			(104,000		)
Land investment	165,000			1,608,000
Other	38,000			(141,000		)
Gain on sales of assets	—			2,255,000
Total operating (loss) profit	(6,905,000		)	3,865,000
Equity in (loss) income of affiliates:
Land investment	(276,000		)	223,000
General and administrative expenses	(5,524,000		)	(6,262,000		)
Interest expense	(5,000		)	(7,000		)
Interest income	62,000			162,000
Loss before income taxes	$	(12,648,000	)	$	(2,019,000	)

Capital Expenditures:



	Year ended September 30,
	2019		2018
Oil and natural gas	$	46,000	$	13,428,000
Contract drilling	1,262,000		60,000
Other	1,000		54,000
Total	$	1,309,000	$	13,542,000

Oil and natural gas capital expenditures include acquisitions as well as changes to capitalized asset retirement obligations, including revisions of asset retirement obligations (see Note 6 for additional details).

Assets By Segment:



	September 30,
	2019		2018
Oil and natural gas (1)	$	7,415,000	$	18,785,000
Contract drilling (2)	3,793,000		1,804,000
Land investment (2)	980,000		1,608,000
Other:
Cash and cash equivalents	4,613,000		5,965,000
Certificates of deposit	—		741,000
Corporate and other	1,501,000		2,475,000
Total	$	18,302,000	$	31,378,000

______________

(1) Primarily located in the province of Alberta, Canada.

(2) Located in Hawaii.

Schedule of long-lived assets and revenue by geographic area

Long-Lived Assets By Geographic Area:



	September 30,
	2019		2018
United States	$	3,366,000	$	4,119,000
Canada	6,232,000		15,177,000
Total	$	9,598,000	$	19,296,000

Revenue By Geographic Area:



	Year ended September 30,
	2019		2018
United States	$	5,515,000	$	5,418,000
Canada	6,498,000		3,788,000
Total (excluding interest income)	$	12,013,000	$	9,206,000