SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2020

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.

	Year ended September 30,
	2020		2019
Revenues:
Oil and natural gas	$	6,693,000	$	6,406,000
Contract drilling	10,994,000		5,349,000
Land investment	325,000		165,000
Other	317,000		93,000
Total before interest income	18,329,000		12,013,000
Interest income	18,000		62,000
Total revenues	$	18,347,000	$	12,075,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	1,747,000	$	2,680,000
Contract drilling	356,000		287,000
Other	44,000		55,000
Total depletion, depreciation, and amortization	$	2,147,000	$	3,022,000
Impairment:
Oil and natural gas	$	4,326,000	$	5,710,000
Land investment	50,000		—
Total impairment	$	4,376,000	$	5,710,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	(4,230,000)	$	(7,197,000)
Contract drilling	3,125,000		89,000
Land investment	275,000		165,000
Other	273,000		38,000
Gain on sales of asset	1,336,000		—
Total operating profit (loss)	779,000		(6,905,000)
Equity in income (loss) of affiliates:
Land investment	352,000		(276,000)
General and administrative expenses	(5,820,000)		(5,524,000)
Interest expense	(3,000)		(5,000)
Interest income	18,000		62,000
Loss before income taxes	$	(4,674,000)	$	(12,648,000)

Capital Expenditures:

	Year ended September 30,
	2020		2019
Oil and natural gas	$	3,099,000	$	46,000
Contract drilling	408,000		1,262,000
Other	7,000		1,000
Total	$	3,514,000	$	1,309,000

    Oil and natural gas capital expenditures include acquisitions as well as changes to capitalized asset retirement obligations, including revisions of asset retirement obligations (see Note 8 for additional details).  

Assets By Segment:

	September 30,
	2020		2019
Oil and natural gas (1)	$	3,613,000	$	7,415,000
Contract drilling (2)	3,838,000		3,793,000
Land investment (2)	901,000		980,000
Other:
Cash and cash equivalents	4,584,000		4,613,000
Corporate and other	2,246,000		1,501,000
Total	$	15,182,000	$	18,302,000

______________

(1)          Primarily located in the province of Alberta, Canada.

(2)          Located in Hawaii.

Schedule of long-lived assets and revenue by geographic area

Long-Lived Assets By Geographic Area:

	September 30,
	2020		2019
United States	$	3,393,000	$	3,366,000
Canada	2,302,000		6,232,000
Total	$	5,695,000	$	9,598,000

Revenue By Geographic Area:

	Year ended September 30,
	2020		2019
United States	$	11,325,000	$	5,515,000
Canada	7,004,000		6,498,000
Total (excluding interest income)	$	18,329,000	$	12,013,000