SEGMENT INFORMATION (Tables)

3 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

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.

	Three months ended   December 31,
	2019			2018
Revenues:
Oil and natural gas	$	2,141,000		$	1,232,000
Contract drilling	2,646,000			1,163,000
Land investment	—			165,000
Other	56,000			14,000
Total before interest income	4,843,000			2,574,000
Interest income	7,000			21,000
Total revenues	$	4,850,000		$	2,595,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	606,000		$	749,000
Contract drilling	85,000			57,000
Other	14,000			13,000
Total depletion, depreciation, and amortization	$	705,000		$	819,000
Impairment:
Oil and natural gas	$	—		$	2,170,000
Total impairment	$	—		$	2,170,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	322,000		$	(3,024,000	)
Land investment	—			165,000
Contract drilling	747,000			(210,000		)
Other	42,000			1,000
Total operating profit (loss)	1,111,000			(3,068,000		)
Equity in loss of affiliates:
Land investment	(43,000		)	(79,000		)
General and administrative expenses	(1,496,000		)	(1,548,000		)
Interest expense	—			(4,000		)
Interest income	7,000			21,000
Loss before income taxes	$	(421,000	)	$	(4,678,000	)