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REVENUE FROM CONTRACTS WITH CUSTOMERS
 12 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue

    The following tables provide information about disaggregated revenue by revenue streams, reportable segments, geographical region, and timing of revenue recognition for the years ended September 30, 2023 and 2022.
Year ended September 30, 2023
Oil and natural gasContract drillingLand investmentOtherTotal
Revenue streams:
Oil$14,259,000 $— $— $— $14,259,000 
Natural gas3,441,000 — — — 3,441,000 
Natural gas liquids1,676,000 — — — 1,676,000 
Drilling and pump— 5,427,000 — — 5,427,000 
Contingent residual payments— — 265,000 — 265,000 
Other— — — 114,000 114,000 
Total revenues before interest income$19,376,000 $5,427,000 $265,000 $114,000 $25,182,000 
Geographical regions:
United States$2,746,000 $5,427,000 $265,000 $10,000 $8,448,000 
Canada16,630,000 — — 104,000 16,734,000 
Total revenues before interest income$19,376,000 $5,427,000 $265,000 $114,000 $25,182,000 
Timing of revenue recognition:
Goods transferred at a point in time$19,376,000 $— $265,000 $114,000 $19,755,000 
Services transferred over time— 5,427,000 — — 5,427,000 
Total revenues before interest income$19,376,000 $5,427,000 $265,000 $114,000 $25,182,000 

Year ended September 30, 2022
Oil and natural gasContract drillingLand investmentOtherTotal
Revenue streams:
Oil$15,747,000 $— $— $— $15,747,000 
Natural gas4,527,000 — — — 4,527,000 
Natural gas liquids2,307,000 — — — 2,307,000 
Drilling and pump— 4,540,000 — — 4,540,000 
Contingent residual payments— — 1,295,000 — 1,295,000 
Other— — — 111,000 111,000 
Total revenues before interest income$22,581,000 $4,540,000 $1,295,000 $111,000 $28,527,000 
Geographical regions:
United States$3,496,000 $4,540,000 $1,295,000 $9,000 $9,340,000 
Canada19,085,000 — — 102,000 19,187,000 
Total revenues before interest income$22,581,000 $4,540,000 $1,295,000 $111,000 $28,527,000 
Timing of revenue recognition:
Goods transferred at a point in time$22,581,000 $— $1,295,000 $111,000 $23,987,000 
Services transferred over time— 4,540,000 — — 4,540,000 
Total revenues before interest income$22,581,000 $4,540,000 $1,295,000 $111,000 $28,527,000 
Contract Balances

    The following table provides information about accounts receivables, contract assets and contract liabilities from contracts with customers:

September 30,
202320222021
Accounts receivables from contracts with customers$2,931,000 $4,038,000 $2,797,000 
Contract assets958,000 580,000 581,000 
Contract liabilities377,000 1,087,000 455,000 

    Accounts receivables from contracts with customers are included in “Accounts and other receivables, net of allowance for doubtful accounts,” in the accompanying Consolidated Balance Sheets and contract assets, which includes costs and estimated earnings in excess of billings and retainage, are included in “Other current assets” in the accompanying Consolidated Balance Sheets. Contract liabilities, which includes billings in excess of costs and estimated earnings are included in “Other current liabilities” in the accompanying Consolidated Balance Sheets.

    Retainage, included in contract assets, represents amounts due from customers, but where payments are withheld contractually until certain construction milestones are met. Amounts retained typically range from 5% to 10% of the total invoice, up to contractually-specified maximums. The Company classifies as a current asset those retainages that are expected to be collected in the next twelve months.

    Contract assets represent the Company’s rights to consideration in exchange for services transferred to a customer that have not been billed as of the reporting date. The Company’s rights are generally unconditional at the time its performance obligations are satisfied.

    When the Company receives consideration, or such consideration is unconditionally due, from a customer prior to transferring goods or services to the customer under the terms of a sales contract, the Company records deferred revenue, which represents a contract liability. Such deferred revenue typically results from billings in excess of costs and estimated earnings on uncompleted contracts. As of September 30, 2023 and 2022, the Company had $377,000 and $1,087,000, respectively, included in “Other current liabilities” on the Consolidated Balance Sheets for those performance obligations expected to be completed in the next twelve months.

    During the years ended September 30, 2023 and 2022, the amount of revenue recognized that was previously included in contract liabilities as of the beginning of the respective period was $1,015,000 and $394,000, respectively.

    Contracts are sometimes modified for a change in scope or other requirements. The Company considers contract modifications to exist when the modification either creates new or changes the existing enforceable rights and obligations. Most of the Company’s contract modifications are for goods and services that are not distinct from the existing performance obligations. The effect of a contract modification on the transaction price, and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase or decrease) on a cumulative catchup basis.
Performance Obligations

The Company’s remaining performance obligations for drilling and pump installation contracts (hereafter referred to as “backlog”) represent the unrecognized revenue value of the Company’s contract commitments. The Company’s backlog may vary significantly each reporting period based on the timing of major new contract commitments. In addition, our customers have the right, under some infrequent circumstances, to terminate contracts or defer the timing of the Company’s services and their payments to us. Nearly all of the Company's contract drilling segment contracts have original expected durations of one year or less. At September 30, 2023, the Company had five contract drilling jobs with original expected durations of greater than one year. For these contracts, 100% of the remaining performance obligation of $3,587,000 is expected to be recognized in the next twelve months.

Contract Fulfillment Costs

Preconstruction costs, which include costs such as set-up and mobilization, are capitalized and allocated across all performance obligations and deferred and amortized over the contract term on a progress towards completion basis. As of September 30, 2023 and 2022, the Company had $504,000 and $689,000, respectively, in unamortized preconstruction costs related to contracts that were not completed. During the years ended September 30, 2023 and 2022, the amortization of preconstruction costs related to contracts was $326,000 and $296,000, respectively. These amounts have been included in “Contract drilling operating” costs and expenses in the accompanying Consolidated Statements of Operations. Additionally, no impairment charges in connection with the Company’s preconstruction costs were recorded during the years ended September 30, 2023 and 2022.

Uninstalled Materials

    Uninstalled materials, which typically consists of well casing or pumps, are excluded in the costs-to-costs calculation for the duration of the contract as including these costs would result in a distortion of progress towards satisfaction of the performance obligation due to the resulting cumulative catch-up in margin in a single period. An equal amount of cost and revenue is recorded when uninstalled materials are controlled by the customer, which is typically when Barnwell has the right to payment for the materials and when the materials are delivered to the customer’s site or location and such materials have been accepted by the customer. As of of September 30, 2023 and 2022, uninstalled materials was $348,000 and $351,000, respectively. Uninstalled materials are held in inventory and included in “Other current assets” on the Company’s Consolidated Balance Sheets.