INVESTMENTS (Tables)

9 Months Ended

Jun. 30, 2020

Investments, All Other Investments [Abstract]

Summary of investments

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

	June 30, 2020		September 30, 2019
Investment in Kukio Resort Land Development Partnerships	$	751,000	$	930,000
Investment in leasehold land interest – Lot 4C	50,000		50,000
Total non-current investments	$	801,000	$	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 June 30,
	2020			2019
Revenue	$	496,000		$	575,000
Gross profit	$	140,000		$	45,000
Net loss	$	(501,000	)	$	(1,190,000	)

	Nine months ended June 30,
	2020			2019
Revenue	$	3,486,000		$	2,894,000
Gross profit	$	1,587,000		$	896,000
Net loss	$	(804,000	)	$	(2,252,000	)

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   June 30,				Nine months ended   June 30,
	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