SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2021

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,
	2021		2020
Revenues:
Oil and natural gas	$	10,254,000	$	6,693,000
Contract drilling	5,809,000		10,994,000
Land investment	1,738,000		325,000
Other	304,000		317,000
Total before interest income	18,105,000		18,329,000
Interest income	8,000		18,000
Total revenues	$	18,113,000	$	18,347,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	645,000	$	1,747,000
Contract drilling	305,000		356,000
Other	13,000		44,000
Total depletion, depreciation, and amortization	$	963,000	$	2,147,000
Impairment:
Oil and natural gas	$	630,000	$	4,326,000
Contract drilling	38,000		—
Land investment	—		50,000
Total impairment	$	668,000	$	4,376,000
Operating profit (loss) (before general and administrative expenses):
Oil and natural gas	$	2,423,000	$	(4,230,000)
Contract drilling	(89,000)		3,125,000
Land investment	1,738,000		275,000
Other	291,000		273,000
Gain on sale of assets	1,982,000		1,336,000
Total operating profit	6,345,000		779,000
Equity in income of affiliates:
Land investment	5,793,000		352,000
General and administrative expenses	(7,088,000)		(5,820,000)
Interest expense	(13,000)		(3,000)
Interest income	8,000		18,000
Gain on debt extinguishment	149,000		—
Gain on termination of post-retirement medical plan	2,341,000		—
Earnings (loss) before income taxes	$	7,535,000	$	(4,674,000)

Capital Expenditures:

	Year ended September 30,
	2021		2020
Oil and natural gas	$	3,028,000	$	3,099,000
Contract drilling	62,000		408,000
Other	1,000		7,000
Total	$	3,091,000	$	3,514,000

    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,
	2021		2020
Oil and natural gas (1)	$	6,401,000	$	3,613,000
Contract drilling (2)	4,071,000		3,838,000
Land investment (2)	—		901,000
Other:
Cash and cash equivalents	11,279,000		4,584,000
Corporate and other	2,684,000		2,246,000
Total	$	24,435,000	$	15,182,000

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(1)          Located primarily in the province of Alberta, Canada with a minor portion in Oklahoma.

(2)          Located in Hawaii.

Schedule of long-lived assets and revenue by geographic area

Long-Lived Assets By Geographic Area:

	September 30,
	2021		2020
United States	$	4,180,000	$	3,393,000
Canada	2,220,000		2,302,000
Total	$	6,400,000	$	5,695,000

Revenue By Geographic Area:

	Year ended September 30,
	2021		2020
United States	$	7,700,000	$	11,325,000
Canada	10,405,000		7,004,000
Total (excluding interest income)	$	18,105,000	$	18,329,000