INVESTMENTS (Tables)

3 Months Ended

Dec. 31, 2019

Investments, All Other Investments [Abstract]

Summary of investments

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

	December 31, 2019		September 30, 2019
Investment in Kukio Resort Land Development Partnerships	$	887,000	$	930,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total non-current investments	$	937,000	$	980,000

Summarized financial information for the land development partnerships

Summarized financial information for the Kukio Resort Land Development partnerships is as follows:

	Three months ended   December 31,
	2019			2018
Revenue	$	1,766,000		$	1,948,000
Gross profit	$	796,000		$	646,000
Net loss	$	(168,000	)	$	(158,000	)

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

The following table summarizes 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   December 31,
	2019		2018
Sale of interest in leasehold land:
Revenues - sale of interest in leasehold land	$	—	$	165,000
Fees - included in general and administrative expenses	—		(20,000		)
Sale of interest in leasehold land, net of fees paid	$	—	$	145,000