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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenue before interest income $ 5,108,000 $ 3,983,000 $ 13,493,000 $ 13,399,000
Interest income 6,000 1,000 6,000 17,000
Total revenues 5,114,000 3,984,000 13,499,000 13,416,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 235,000 478,000 738,000 1,870,000
Asset Impairment Charges        
Impairment of assets 0 2,689,000 630,000 4,326,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 2,130,000 (2,132,000) 3,615,000 (492,000)
Equity in income (loss) of affiliates:        
Equity in income (loss) of affiliates 3,348,000 (111,000) 5,026,000 (179,000)
General and administrative expenses (2,227,000) (1,248,000) (5,340,000) (4,775,000)
Interest expense (2,000) (1,000) (6,000) (1,000)
Interest income 6,000 1,000 6,000 17,000
Gain on debt extinguishment 149,000 0 149,000 0
Gain on termination of post-retirement medical plan 2,341,000 0 2,341,000 0
Earnings (loss) before income taxes 5,745,000 (3,491,000) 5,791,000 (5,430,000)
Intersegment eliminations        
Revenues:        
Total revenues     0  
Oil and natural gas        
Revenues:        
Revenue before interest income 2,887,000 830,000 7,326,000 4,881,000
Total revenues 2,887,000 830,000 7,326,000 4,881,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 155,000 372,000 496,000 1,562,000
Asset Impairment Charges        
Impairment of assets 0 2,689,000 630,000 4,326,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 1,015,000 (3,212,000) 1,289,000 (4,486,000)
Contract drilling        
Revenues:        
Revenue before interest income 889,000 3,040,000 4,220,000 8,279,000
Total revenues 889,000 3,040,000 4,220,000 8,279,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 76,000 96,000 229,000 272,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) (213,000) 977,000 392,000 2,455,000
Land investment        
Revenues:        
Revenue before interest income 1,253,000 0 1,738,000 0
Total revenues 1,253,000 0 1,738,000 0
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 1,253,000 0 1,738,000 0
Other        
Revenues:        
Revenue before interest income 79,000 113,000 209,000 239,000
Total revenues 85,000 114,000 215,000 256,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 4,000 10,000 13,000 36,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 75,000 103,000 196,000 203,000
Gain on sale of asset        
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) $ 0 $ 0 $ 0 $ 1,336,000