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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues:    
Revenue before interest income $ 5,453,000 $ 4,387,000
Interest income 1,000 0
Total revenues 5,454,000 4,387,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 483,000 276,000
Asset Impairment Charges [Abstract]    
Impairment of assets 0 630,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 2,074,000 938,000
Equity in income (loss) of affiliates:    
Equity in income of affiliates 1,207,000 1,054,000
General and administrative expenses (1,830,000) (1,185,000)
Interest expense 0 (1,000)
Interest income 1,000 0
Earnings before income taxes 1,452,000 806,000
Intersegment eliminations    
Revenues:    
Total revenues 0  
Oil and natural gas    
Revenues:    
Revenue before interest income 3,920,000 1,887,000
Total revenues 3,920,000 1,887,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 436,000 195,000
Asset Impairment Charges [Abstract]    
Impairment of assets 0 630,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 1,568,000 (373,000)
Contract drilling    
Revenues:    
Revenue before interest income 876,000 1,942,000
Total revenues 876,000 1,942,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 47,000 76,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): (151,000) 758,000
Land investment    
Revenues:    
Revenue before interest income 600,000 485,000
Total revenues 600,000 485,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 600,000 485,000
Other    
Revenues:    
Revenue before interest income 57,000 73,000
Total revenues 58,000 73,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 0 5,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): $ 57,000 $ 68,000