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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues:    
Revenue before interest income $ 4,387,000 $ 4,843,000
Interest income 0 7,000
Total revenues 4,387,000 4,850,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 276,000 705,000
Asset Impairment Charges [Abstract]    
Impairment of assets 630,000 0
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 938,000 1,111,000
Equity in income (loss) of affiliates:    
Equity in income (loss) of affiliates 1,054,000 (43,000)
General and administrative expenses (1,185,000) (1,496,000)
Interest expense (1,000) 0
Interest income 0 7,000
Earnings (loss) before income taxes 806,000 (421,000)
Intersegment eliminations    
Revenues:    
Total revenues 0  
Oil and natural gas    
Revenues:    
Revenue before interest income 1,887,000 2,141,000
Total revenues 1,887,000 2,141,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 195,000 606,000
Asset Impairment Charges [Abstract]    
Impairment of assets 630,000 0
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): (373,000) 322,000
Contract drilling    
Revenues:    
Revenue before interest income 1,942,000 2,646,000
Total revenues 1,942,000 2,646,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 76,000 85,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 758,000 747,000
Land investment    
Revenues:    
Revenue before interest income 485,000 0
Total revenues 485,000 0
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 485,000 0
Other    
Revenues:    
Revenue before interest income 73,000 56,000
Total revenues 73,000 63,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 5,000 14,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): $ 68,000 $ 42,000