INVESTMENTS (Tables)

6 Months Ended

Mar. 31, 2020

Investments, All Other Investments [Abstract]

Summary of investments

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

	March 31, 2020		September 30, 2019
Investment in Kukio Resort Land Development Partnerships	$	862,000	$	930,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total non-current investments	$	912,000	$	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 March 31,
	2020			2019
Revenue	$	1,224,000		$	371,000
Gross profit	$	651,000		$	205,000
Net loss	$	(135,000	)	$	(904,000	)

	Six months ended March 31,
	2020			2019
Revenue	$	2,990,000		$	2,319,000
Gross profit	$	1,447,000		$	851,000
Net loss	$	(303,000	)	$	(1,062,000	)

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

The following table summarizes the 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   March 31,				Six months ended   March 31,
	2020		2019		2020		2019
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