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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
3 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Summary of disaggregation of revenue
The following tables provides information about disaggregated revenue by revenue streams, reportable segments, geographical region, and timing of revenue recognition for the three months ended December 31, 2019 and 2018.
 
 
Three months ended December 31, 2019
 
 
Oil and natural gas
 
Contract drilling
 
Land investment
 
Other
 
Total
Revenue streams:
 
 
 
 
 
 
 
 
 
 
Oil
$
1,725,000

 
$

 
$

 
$

 
$
1,725,000

 
Natural gas
322,000

 

 

 

 
322,000

 
Natural gas liquids
94,000

 

 

 

 
94,000

 
Drilling and pump

 
2,646,000

 

 

 
2,646,000

 
Contingent residual payments

 

 

 

 

 
Other

 

 

 
56,000

 
56,000

 
Total revenues before interest income
$
2,141,000

 
$
2,646,000

 
$

 
$
56,000

 
$
4,843,000

Geographical regions:
 
 
 
 
 
 
 
 
 
 
United States
$

 
$
2,646,000

 
$

 
$
7,000

 
$
2,653,000

 
Canada
2,141,000

 

 

 
49,000

 
2,190,000

 
Total revenues before interest income
$
2,141,000

 
$
2,646,000

 
$

 
$
56,000

 
$
4,843,000

Timing of revenue recognition:
 
 
 
 
 
 
 
 
 
 
Goods transferred at a point in time
$
2,141,000

 
$

 
$

 
$
56,000

 
$
2,197,000

 
Services transferred over time

 
2,646,000

 

 

 
2,646,000

 
Total revenues before interest income
$
2,141,000

 
$
2,646,000

 
$

 
$
56,000

 
$
4,843,000



 
 
Three months ended December 31, 2018
 
 
Oil and natural gas
 
Contract drilling
 
Land investment
 
Other
 
Total
Revenue streams:
 
 
 
 
 
 
 
 
 
 
Oil
$
896,000

 
$

 
$

 
$

 
$
896,000

 
Natural gas
162,000

 

 

 

 
162,000

 
Natural gas liquids
174,000

 

 

 

 
174,000

 
Drilling and pump

 
1,163,000

 

 

 
1,163,000

 
Contingent residual payments

 

 
165,000

 

 
165,000

 
Other

 

 

 
14,000

 
14,000

 
Total revenues before interest income
$
1,232,000

 
$
1,163,000

 
$
165,000

 
$
14,000

 
$
2,574,000

Geographical regions:
 
 
 
 
 
 
 
 
 
 
United States
$

 
$
1,163,000

 
$
165,000

 
$

 
$
1,328,000

 
Canada
1,232,000

 

 

 
14,000

 
1,246,000

 
Total revenues before interest income
$
1,232,000

 
$
1,163,000

 
$
165,000

 
$
14,000

 
$
2,574,000

Timing of revenue recognition:
 
 
 
 
 
 
 
 
 
 
Goods transferred at a point in time
$
1,232,000

 
$

 
$
165,000

 
$
14,000

 
$
1,411,000

 
Services transferred over time

 
1,163,000

 

 

 
1,163,000

 
Total revenues before interest income
$
1,232,000

 
$
1,163,000

 
$
165,000

 
$
14,000

 
$
2,574,000

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:
 
December 31, 2019
 
September 30, 2019
Accounts receivables from contracts with customers
$
2,862,000

 
$
1,322,000

Contract assets
551,000

 
344,000

Contract liabilities
1,043,000

 
1,633,000