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SEGMENT AND GEOGRAPHIC INFORMATION (Details) - USD ($)
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Revenues:    
Revenue 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:    
Depletion, depreciation, and amortization 963,000 2,147,000
Impairment:    
Impairment of assets 668,000 4,376,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 6,345,000 779,000
Equity in income (loss) of affiliates:    
Equity in income of affiliates 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 0
Gain on termination of post-retirement medical plan 2,341,000 0
Earnings (loss) before income taxes 7,535,000 (4,674,000)
Capital Expenditures:    
Capital Expenditure 3,091,000 3,514,000
Assets By Segment:    
Total assets 24,435,000 15,182,000
Corporate and other    
Capital Expenditures:    
Capital Expenditure 1,000 7,000
Assets By Segment:    
Total assets 2,684,000 2,246,000
Corporate and other | Cash and other    
Assets By Segment:    
Total assets 11,279,000 4,584,000
Intersegment eliminations    
Revenues:    
Total revenues 0 0
Oil and natural gas    
Revenues:    
Revenue before interest income 10,254,000 6,693,000
Total revenues 10,254,000 6,693,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 645,000 1,747,000
Impairment:    
Impairment of assets 630,000 4,326,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 2,423,000 (4,230,000)
Oil and natural gas | Operating segments    
Capital Expenditures:    
Capital Expenditure 3,028,000 3,099,000
Assets By Segment:    
Total assets 6,401,000 3,613,000
Land investment    
Revenues:    
Revenue before interest income 1,738,000 325,000
Total revenues 1,738,000 325,000
Impairment:    
Impairment of assets 0 50,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 1,738,000 275,000
Land investment | Operating segments    
Assets By Segment:    
Total assets 0 901,000
Contract drilling    
Revenues:    
Revenue before interest income 5,809,000 10,994,000
Total revenues 5,809,000 10,994,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 305,000 356,000
Impairment:    
Impairment of assets 38,000 0
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) (89,000) 3,125,000
Contract drilling | Operating segments    
Capital Expenditures:    
Capital Expenditure 62,000 408,000
Assets By Segment:    
Total assets 4,071,000 3,838,000
Other    
Revenues:    
Revenue before interest income 304,000 317,000
Total revenues 312,000 335,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 13,000 44,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 291,000 273,000
Gain on sale of assets    
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) $ 1,982,000 $ 1,336,000