XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Revenues:    
Revenues $ 18,347 $ 12,075
Costs and expenses:    
General and administrative 5,820 5,524
Depletion, depreciation, and amortization 2,147 3,022
Impairment of assets 4,376 5,710
Interest expense 3 5
Gain on sale of asset (1,336) 0
Total costs and expenses 23,373 24,447
Loss before equity in income (loss) of affiliates and income taxes (5,026) (12,372)
Equity in income (loss) of affiliates 352 (276)
Loss before income taxes (4,674) (12,648)
Income tax provision (benefit) 3 (231)
Net loss (4,677) (12,417)
Less: Net earnings (loss) attributable to non-controlling interests 79 (3)
Net loss attributable to Barnwell Industries, Inc. stockholders $ (4,756) $ (12,414)
Basic net loss per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.57) $ (1.50)
Diluted net loss per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ (0.57) $ (1.50)
Weighted-average number of common shares outstanding:    
Basic (in shares) 8,277,160 8,277,160
Diluted (in shares) 8,277,160 8,277,160
Oil and natural gas    
Revenues:    
Revenues $ 6,693 $ 6,406
Costs and expenses:    
Costs and expenses 4,850 5,213
Depletion, depreciation, and amortization 1,747 2,680
Impairment of assets 4,326 5,710
Contract drilling    
Revenues:    
Revenues 10,994 5,349
Costs and expenses:    
Costs and expenses 7,513 4,973
Depletion, depreciation, and amortization 356 287
Sale of interest in leasehold land    
Revenues:    
Revenues 325 165
Costs and expenses:    
Impairment of assets 50 0
Gas processing and other    
Revenues:    
Revenues 335 155
Costs and expenses:    
Depletion, depreciation, and amortization $ 44 $ 55