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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Revenues:    
Revenues $ 18,113 $ 18,347
Costs and expenses:    
General and administrative 7,088 5,820
Depletion, depreciation, and amortization 963 2,147
Impairment of assets 668 4,376
Interest expense 13 3
Gain on debt extinguishment (149) 0
Gain on termination of post-retirement medical plan (2,341) 0
Gain on sale of assets (1,982) (1,336)
Total costs and expenses 16,371 23,373
Earnings (loss) before equity in income of affiliates and income taxes 1,742 (5,026)
Equity in income of affiliates 5,793 352
Earnings (loss) before income taxes 7,535 (4,674)
Income tax provision 332 3
Net earnings (loss) 7,203 (4,677)
Less: Net earnings attributable to non-controlling interests 950 79
Net earnings (loss) attributable to Barnwell Industries, Inc. stockholders $ 6,253 $ (4,756)
Basic net earnings (loss) per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ 0.73 $ (0.57)
Diluted net earnings (loss) per common share attributable to Barnwell Industries, Inc. stockholders (in dollars per share) $ 0.73 $ (0.57)
Weighted-average number of common shares outstanding:    
Basic (in shares) 8,592,154 8,277,160
Diluted (in shares) 8,592,154 8,277,160
Oil and natural gas    
Revenues:    
Revenues $ 10,254 $ 6,693
Costs and expenses:    
Costs and expenses 6,556 4,850
Depletion, depreciation, and amortization 645 1,747
Impairment of assets 630 4,326
Contract drilling    
Revenues:    
Revenues 5,809 10,994
Costs and expenses:    
Costs and expenses 5,555 7,513
Depletion, depreciation, and amortization 305 356
Impairment of assets 38 0
Sale of interest in leasehold land    
Revenues:    
Revenues 1,738 325
Costs and expenses:    
Impairment of assets 0 50
Gas processing and other    
Revenues:    
Revenues 312 335
Costs and expenses:    
Depletion, depreciation, and amortization $ 13 $ 44